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GrainCorp rises as ACCC backs takeover

The Australian Competition and Consumer Commission says it won't stand in the way of a takeover of GrainCorp by US food giant Archer Daniels Midland.

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Toll Holdings warns of job cuts

Toll Holdings has warned it will have to cut jobs due to the poor performance of its global forwarding freight business.

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US stocks jump as market eyes Fed support

The Dow Jones Industrial Average has jumped almost 150 points as the market reacted positively to lower growth estimates.

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Australian shares rally on China and US news

The Australian share market has rallied back into positive territory for 2013 due to positive financial news out of China and the United States.

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Carriers want crimp on Telstra power

A coalition of smaller telco players is calling for reform in the industry to scale back Telstra's dominance.

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News Ltd set for a name change

News Limited will be renamed News Corp Australia within days, as part of News Corp's split into separate publishing and entertainment companies.

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