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BHP boss ‘reassured’ about Chinese demand

BHP chief executive Andrew Mackenzie says China's Premier Li Keqiang "was extremely reassuring about the demand for resources" when the pair met.

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Australian stocks weaker at close

Australian shares closed weaker, with all sectors down, as negative sentiment runs through the market for the tenth time in 13 sessions.

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Sims CEO to be well paid consultant

The departing CEO of recycling company Sims Metal Management will be paid up to $US600,000 to advise the company for another 12 months.

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Oz firms going bust in record number

Close to 1000 firms were put into administration in April, marking the highest monthly tally since records began in 1999.

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Jetstar Hong Kong gets local backer

A major Hong Kong tourism and transport company has bought into the proposed Jetstar Hong Kong airline.

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Orocobre set for boom in lithium

Orocobre is the Australian miner that is not really a miner, but if all goes well it will be producing 10 per cent of the world's lithium.

Full Article

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