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Bernanke says economy not ideal

US Federal Reserve Chairman Ben Bernanke says the economy has made significant progress since the depths of the recession.

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Profit downgrade hits WorleyParsons shares

More than 25 per cent has been wiped off the market value of engineering company WorleyParsons after it downgraded its profit forecast.

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Dow slips after 4-day run

US stocks have fallen modestly after a four days of records.

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Australian shares fall on US concerns

Australian shares have closed lower for the second day running as investors continued to sell banking stocks amid worries in the US.

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Activist aims for BHP’s board

Mining executive-turned climate change activist Ian Dunlop is serious about getting on to BHP Billiton's board this week but faces an uphill battle

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Qantas steps up campaign against Virgin

Qantas is calling on its employees to join its protest against the increasing foreign ownership of its rival Virgin Australia.

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