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Southern Cross still considering options

Southern Cross says it is still considering its options amid speculation it wants to merge with major metropolitan broadcaster Nine.

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Networks 7, 10 warn on Nine’s merger move

The heads of the Seven and Ten networks say local media diversity will be damaged if Nine is allowed to merge with Southern Cross.

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Australian share market opens lower

Australian shares have opened lower as concerns about the EU bailout of Cyprus make investors nervous.

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Visa to outlaw hefty card fees

Hefty credit card surcharges could be on the way out after Visa became the first company to agree to enforce new rules banning retailers from the fees.

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US stocks fall after 10-day winning streak

The Dow's 10-day winning streak has come to a halt with a decline in a key consumer sentiment index.

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US stocks slip on tepid economic data

Mixed economic indicators on inflation and industrial activity in the US have seen stocks slip in opening trade.

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