divider

Aussie stocks close 0.75 per cent higher

Aussie stocks close 0.75 per cent higher

21 May 2012, 16:21 PM

Australia | After big drops last week, Australian shares have closed around three-quarters of a per cent higher today.
Read more

Qantas cuts 500 maintenance jobs

Qantas cuts 500 maintenance jobs

21 May 2012, 17:31 PM

Qantas says 500 maintenance jobs will go as it consolidates three heavy maintenance facilities to two by closing its Melbourne Tullamarine facility. Read more

Unions slam Qantas for axing 500 jobs

Unions slam Qantas for axing 500 jobs

21 May 2012, 17:47 PM

Unions have attacked Qantas for axing 500 engineering jobs, saying the move threatens Australia's ability to maintain aircraft. Read more

James Hardie aims for Aust market share

21 May 2012, 17:04 PM

James Hardie has warned that its earnings this year could be affected by Australia's weakening housing market. Read more

Orica announces ammonium nitrate plant

21 May 2012, 16:35 PM

Orica says it will build an explosives plant to supply the iron ore industry, shrugging off concerns the sector has limited growth potential. Read more

Elders returns to profit in first half

21 May 2012, 15:57 PM

The $40.5 million profit for the first six months of Elders' fiscal year included a $34.4 million gain from one-off items. Read more

Greeks want to stay in eurozone, Monti says

Greeks want to stay in eurozone, Monti says

21 May 2012, 10:47 AM

Europe | Italian Prime Minister Mario Monti said he was convinced that Greeks want to stay in the euro but the crisis had shown that more European Central Bank involvement was likely needed. Read more

Microsoft wins smartphone patent dispute

20 May 2012, 22:20 PM

A commission has sided with Microsoft by moving to ban the import of Android-powered Motorola smartphones into the United States. Read more

Obama sees 'emerging consensus' on crisis

Obama sees 'emerging consensus' on crisis

20 May 2012, 18:10 PM

Americas | US President Barack Obama has played international host as Europe's debt crisis threatens to drag down the US recovery and his own political future. Read more

Facebook falls flat in market debut

Facebook falls flat in market debut

19 May 2012, 13:27 PM

North America | Facebook had a lacklustre debut on its first day of trading and analysts say it will take some time before its real value becomes apparent. Read more

Facebook stock jumps in public debut

19 May 2012, 10:38 AM

Facebook is now a public company as its stocks surge to $US42.05 on debut. Read more

Greek politics, Spain banks test eurozone

19 May 2012, 5:39 AM

Chaos in Greek politics and Spanish banking combined this week to underscore just how fragile Europe's economy remains. Read more

Greek, Spanish crises deepen

Greek, Spanish crises deepen

18 May 2012, 20:36 PM

Europe | Spain's banks fell deeper into a loans crisis and Greece tottered closer to bankruptcy as markets swung wildly ahead of a Camp David summit to prevent a eurozone catastrophe.
Read more

PM talks positive amid global market rout

PM talks positive amid global market rout

18 May 2012, 17:55 PM

Australia | Prime Minister Julia Gillard talked up the virtues of the Australian economy as global markets slumped on growing fears over Europe. Read more

Investors braced for more market falls

18 May 2012, 17:20 PM

About $121 billion has been wiped from the Australian sharemarket since early May, with analysts predicting more falls are on the way. Read more

$35 billion wiped off Aussie market

$35 billion wiped off Aussie market

18 May 2012, 16:28 PM

Australia | Australian shares have closed at their lowest level for 2012 in response to falls on Europe's main stock markets and the euro hitting a four-month low against the US dollar. Read more

Credit markets closing amid Euro woes: ANZ

18 May 2012, 16:07 PM

ANZ's chief executive Mike Smith says credit markets are beginning to close as worries deepen about Greece and Europe's debt crisis. Read more

$A a chance of getting back above parity

18 May 2012, 16:06 PM

A slight majority of foreign exchange professionals have forecast the Australian dollar will be back above parity with the US dollar by December. Read more

Moody's downgrades 16 Spanish banks

Moody's downgrades 16 Spanish banks

18 May 2012, 12:50 PM

Europe | Moody's cut the debt ratings of 16 Spanish banks by one to three notches, citing the effects of the ongoing recession and the Spanish government's own reduced creditworthiness.
Read more

PanAust expects years of production growth

18 May 2012, 9:55 AM

Laos-focused copper and gold miner PanAust has confirmed its production will rise in the coming years as a result of an upgrade of its flagship mine. Read more

«<12345>»