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Woolies gets green light for new store

Supermarket giant Woolworths has received approval from the ACCC to buy an IGA supermarket in the ACT.

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JPMorgan settlement on MF Global approved

The US courts have given approval for the settlement that will see JPMorgan pay $US546 million to MF Global customers.

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Joke from RBA boss falls flat

A comment by the head of the RBA that caused a sharp fall in the Australian dollar on Wednesday was just a lighthearted remark, his deputy says.

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Home building sector recovery gaining pace

Approvals for the construction of new homes fell 1.1 per cent in May and approvals for houses rose 2.5 per cent, official figures show.

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US stocks end higher in light trade

US stocks have ended higher despite escalating tension in Egypt and a political crisis in Portugal.

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Nine may soon have presence in all states

Nine is believed to have exercised an option to take over WIN's Perth operations, giving it TV stations in all states for the first time in its history.

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