Latest Business News, Financial & ASX Markets News

Mitre 10 Danks anger

ELI GREENBLAT | Mitre 10 has hit out at the competition regulator's approval of Woolworths' acquisition of rival hardware player Danks.

Stocks rise for fifth day

10:32am | Shares open higher for a fifth day after with key US indices and commodities prices rose.

Westfield portfolio 'resilient'

9:41am | Shopping centre owner Westfield Group says solid Australian trading conditions continued in the third quarter, while stabilisation continues in the United States, United Kingdom and New Zealand.

| Westfield's Pitt Street runs ahead of schedule

Telco misses out in NBN sale

DAN OAKES | The fledgling national broadband network company has rebuffed approaches by TransACT.

James Strong slammed for time at IAG

ERIC JOHNSTON | Outgoing chairman comes under savage criticism from the insurer's former chairman, who says Mr Strong's time at the company were wasted years.

ASX 200	4768.4	11.4	0.24%

Dow Jones	10291.26	44.29	0.43%
Nasdaq	2166.9	15.82	0.74%
Hang Seng	22627.21	0	0.00%
NZ 50	3174.351	12.811	0.40%

Data delayed by 20 mins.

Business News Wire

9:35AM Danks glad Carboxy supports independents

9:27AM Westfield 'resilient through downturn'

9:24AM Slater and Gordon acquires Kenyons

9:19AM Funtastic appoints new CFO

9:19AM GM 'must finance Opel restructuring'

Cost of going green

Companies are still confused about what to do in practical terms when it comes to going green, and how to keep the costs down.

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Markets ASX Indices | ASX Top Movers | GICS Industries | Currencies

US stocks rise on OS factory data, stimulus

8:25am | Wall Street shares ended higher overnight, buoyed by expectations that interest rates will remain low and by a new wave of positive Chinese data adding to global recovery hopes.

Bilfinger Berger's business briefing

Insider Bilfinger's top management reveals more details. Plus, Clive Palmer, Infratil, investors private equity scepticism, Westfield and more.

Insider Banks' 'fifth pillar' fright
Insider Bilfinger eyes $1b-plus IPO
Insider Rio investors: It's mine... for now
Insider Oxygen for upmarket crowd
Insider A not-so-merry Christmas

Video

Woolworths green light on Danks

Woolworths has been given the all-clear by the ACCC to purchase Danks, a hardware retailer and supplier. (04:09)

World Business

Geithner encouraged by moves in Japan, China

7:35am | US Treasury Secretary Timothy Geithner says he's encouraged by efforts in Japan and China to spur domestic demand instead of relying so heavily on American consumers.

Cyclone threatens to blow Rudd trip to India off course

Cyclone Phyan is threatening to blow Kevin Rudd's trip to India off course.

Comment & Analysis More Comment & Analysis

Strong's other clobber isn't selling so well

IAN VERRENDER | James Strong just couldn't help himself. After delays to a press conference announcing the sale of the Kathmandu clothing chain late last month, the new chairman got right to the point.