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Billabong still open to takeover offers

Embattled surfwear brand Billabong remains open to takeover offers despite three having failed during 2012.

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Inflation data is no barrier to a rate cut in November

One-off factors boosting inflation in the September quarter should not deter the RBA from cutting the interest rate on November 6.

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Fairfax shares rebound from their record low

Fairfax Media shares have lifted after the troubled company's executives said their plans provide a clear path to turn around its performance.

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AGL Energy pulls back over state pricing moves

AGL Energy says it will pull back on promotion activity in South Australia following decision of the state's government on power prices.

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Ten Network gets a reduced offer for Eye Corp

A private equity firm has lowered its offer for Ten's outdoor advertising business Eye Corp by 24 per cent to $110 million.

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Inflation tipped to be benign, spark more rate cuts

Australia's inflation is expected to remain subdued in the September quarter and it would mean there will be more interest rate cuts on the way.

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