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France in recession again

After a similar contraction in late 2012, France has had another GDP fall and is now once more in recession.

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CSR happy on housing despite big loss

CSR has focused on the positives of its $147 million full year loss, saying the housing market is recovering, with rises in building and loans.

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CBA lifts Q3 profit 12 per cent to $1.9bn

The Commonwealth Bank of Australia has lifted its third quarter profit by 12 per cent despite market conditions remaining subdued.

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BHP Billiton to slash capital spending

BHP Billiton's new chief Andrew Mackenzie has signalled plans to slash capital spending by 18 per cent to $US18 billion.

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Budget all about the opposition: Howard

Former prime minister John Howard says the government's budget focused entirely on the opposition instead of itself.

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US stocks rally to new record highs

Renewed optimism has seen US stocks surge to new record highs.

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