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Seven West appoints new CEO

Seven West Media has promoted the head of its television operations, Tim Worner, to chief executive of the company.

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US stocks dip despite M&A activity

US stocks have closed slightly lower in thin trade on Monday.

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Santos’ Fletcher Finucane producing oil

Shares in Santos closed 1.6 per cent higher as oil production commenced ahead of schedule at the company's $490 million Fletcher Finucane project off WA

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Consumers plan to cut spending post-budget

Two-thirds of consumers say the federal budget left them worse off, with a Medicare levy increase to fund disability care the biggest issue.

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Transfield shares tumble to record low

Mining engineer Transfield Services has seen its shares dive by more than 20 per cent, amid suggestions the commodities boom has peaked.

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Optus rolls out 4G to Canberra

Optus hopes to reach 70 per cent of the Australian metropolitan population with 4G network coverage by the middle of 2014.

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