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Shell fighting oil leak in North Sea

10:53AM ROYAL Dutch Shell PLC said it is trying to stop oil leaking from a flow line at one of its drilling platforms in the North Sea off the coast of Scotland.

Angry Birds likely to soar to $1.3bn valuation

10:01AM IT cost just over €100,000 ($157,000) to develop but the infectiously popular mobile phone game Angry Birds looks set to earn its Finnish developer a billion-dollar stock market valuation 18 months after it sailed close to bankruptcy, reports suggested today.

Shoppers to pay fee business can't afford

A RISE in eftpos costs could lead to price hikes on everything from fruit and veg to fashions, small businesses owners say.

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• $20m win: 7:33PM Magic or maths?

Shares higher after turbulent week

9:29PM THE share market closed higher today but whittled back earlier strong gains on profit-taking.

Another CBA glitch angers customers

8:06PM THE Commonwealth Bank has been yet again struck by an ATM glitch, with frustrated customers left unable to access funds.

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• 5c fee: 12:00AM 'Shoppers will suffer'

Why Westfield is taking on the world

7:25PM SUBURBAN shopping centres may be suffering as customers cut their spending, but Westfield is taking its malls to Milan.

Aussie stocks higher at noon

2:27PM AUSTRALIAN shares were higher at noon, extending gains from this morning as investor confidence in the local economy grows.

• Rally: Aussie dollar up

Newspapers feeling the pinch

7:39AM A DEPRESSED retail environment and a migration to digital platforms have prompted further declines in newspaper circulation.

Steelmaker feeling the asset blues

7:33AM BLUESCOPE Steel says it expects asset writedowns of about $900 million when it reports its full-year results later this month.

Pfizer pays Nigeria drug-test victims

7:32AM DRUG giant begins compensating families over a trial blamed for the deaths of 11 children and disabilities in dozens of others.

More companies going to the wall

7:25AM THE number of companies placed in administration in June jumped more than 25 per cent, accounting firm Taylor Woodings says.

Battlelines drawn for Telstra

7:24AM TELSTRA chief David Thodey has conceded the telecommunications giant could face a renewed price war from rivals.

Telstra results help turn market around

7:54PM SHARE market recovers from early heavy losses to close flat, after a negative lead from global markets is offset by Telstra results.

• Warning: 10pc of shops must go

Telstra's billion dollar plans paying off

2:49PM TELSTRA'S focus on improving its historically poor customer service seems to be working as it reports better-than-expected results.

• Telstra: Profits down, popularity up

Cooper shares up on takeover bids

1:38PM COOPER Energy shares jumped after the junior oil and gas producer said it had been approached by several parties for a merger or outright takeover.

Dollar up despite French fears, jobs data

1:37PM THE Australian dollar was flat at noon after recovering from a dive after weaker than expected local jobs data and overnight fears about French debt.

Market meltdown: how it affects you

12:58PM THE markets are more volatile than ever and investors are fighting fear on the trading floor. How will the latest meltdown affect you?

• New record: Gold passes $US1800

Market down on international fears

12:52PM THE Australian share market recovered early heavy losses to be only slightly lower at noon.

Jobs data confirm weak labour market

12:27PM OFFICIAL employment figures today confirm the labour market is weak, as should be expected after a period of weak economic growth.

Jobless rate jumps, could rise further

11:43AM AUSTRALIA'S unemployment rate rose unexpectedly in July to its highest level since November 2010, and may rise further in coming months.

• Jobs: Data shows weak labour market