Alcoa profit beats expectations
The US profit reporting season has begun on a good note with the big aluminium company Alcoa reporting better-than-expected earnings.
View ArticleGoldman tries to block Australian legal action
The investment bank Goldman Sachs is reportedly trying to stop Australian legal action against it being heard in the United States.
View ArticleBHP iron production climbs, outlook uncertain
BHP Billiton's iron ore and coking coal production has surged 16 per cent in the June quarter compared to the same time a year earlier.
View ArticleCoca-Cola posts record first-half profit
Coca-Coca Amatil says higher prices have helped boost its first-half after-tax profit to a record $212.7 million.
View ArticleLend Lease returns to profit despite revenue slump
Property development group Lend Lease has turned around its fortunes to report a full-year profit of just over $345 million.
View ArticleWestfield surges back to profit
Shopping centre operator Westfield has turned around its fortunes, with a profit of $961 million dollars for the six months to the end of June.
View ArticleBillabong shares slump on weak Australian sales
The surfwear retailer Billabong has announced a 4.5 per cent fall in its full-year profit because of flat sales, particularly in Australia.
View ArticleRio-BHP deal may collapse: Analysts
The delay in approving BHP Billiton and Rio Tinto's bid to merge their Pilbara operations could mean the deal is on the brink of collapse.
View ArticleNew Zealanders fight foreign investment in farms
A group of New Zealand businessmen has funded a high-profile campaign to fight foreign investment in the country's agricultural land.
View ArticleBusiness hopes for quick end to political uncertainty
Business groups say they are hoping for a stable government but are concerned about the Greens holding the Senate balance of power.
View ArticlePacific Brands profits from job cuts
Pacific Brands has reversed last year's losses to post a full-year profit this year after slashing jobs in Australia.
View ArticleInsider trading charges spring from BHP-Potash bid
Two men have been charged with insider trading after allegedly making $1.2 million illegally through BHP Billiton's $43 billion takeover bid for Canada's Potash Corp.
View ArticleGap plans Australia roll-out in Asia push
US clothing chain Gap plans to open 10 to 15 stores in Australia over the next three years to help offset weak American sales.
View ArticleCorruption - the main Games in India
The multi-billion dollar event that was expected to elevate India's profile on the world stage has instead turned into a nightmare.
View ArticleWestfield splits business to raise $3.5b
Westfield Group has announced a restructure which will see a large portion of its Australian and New Zealand businesses split from the parent company.
View ArticleBHP considers next move after Potash knock-back
BHP Billiton has tripped on another regulatory hurdle, with the Canadian government rejecting the company's bid for Potash Corporation.
View ArticleQantas hit with $12m cartel fine
Qantas has been fined $12 million for its part in running an international air cargo cartel.
View ArticleJames Hardie's profits hit a wall
James Hardie has posted a disappointing second half loss, dragged down by a weak US housing market.
View ArticleShareholders approve AWB's Canadian takeover
Shareholders of grain exporter AWB have voted overwhelmingly in favour of the company's sale to Canadian agricultural business Agrium.
View ArticleReport finds bad decisions behind BP spill
A preliminary report into the Gulf of Mexico oil spill finds that a series of poor decisions by uninformed staff led to disaster.
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