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Leighton wins $72m Saudi job to build proton cancer centre

Construction group Leighton has won a $A72.47 million contract to build a cancer therapy centre in Saudi Arabia.

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Billabong shares plunge as TPG walks away from takeover bid

Billabong shares have dived after private equity firm TPG pulls its takeover bid for the troubled surfwear retailer.

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News Ltd to proceed with ConsMedia takeover

Seven Group says it will vote in favour of News Ltd's bid for Consolidated Media after the ACCC said it would block any Seven bid for the pay-TV company.

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Spain vows to defy deep recession forecasts

Spain has vowed to defy the gloomy forecasts for its economy after ratings agency Standard & Poor's downgraded its debt.

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Share market closes slightly lower after unemployment rise

The Australian share market has closed slightly lower but had rallied as unemployment figures firmed expectations of an interest rate cut.

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Australia Post’s profit rises, plans to ramp up parcel network

Australia Post will be delivering on weekends in the lead up to Christmas, as it invests $2 billion in its parcel network and digital mail boxes.

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