Transfield Services has knocked back an indicative takeover proposal from Spanish infrastructure group Ferrovial, valuing the company at around $1 billion, but opens its books for further talks with the suitor.
A global sharemarket rally on Friday has set the stage for a positive start to the local trading week, with the Medibank IPO prospectus due this morning.
More people are paying off their credit cards as they attempt to rein in household debt.
Google and Amazon may pose some of the biggest threats to Australian insurers.
There are growing doubts among investment experts over the abilities of central bankers.
Virgin Australia consider adding aircraft types beyond the A320s to the budget carrier fleet.
Speculators added bullish gold bets for the first time in nine weeks as concern that global economic growth is slowing whipsawed equity markets.
| Last updated: | |
| United States Dollar | |
|---|---|
| 0.8760 | 0.15% |
| Euro | |
| 0.6872 | 0.23% |
| British Pound | |
| 0.5443 | 0.15% |
If you think your own financial situation is a little remote from something like US interest rates, think again, because the winds of fear are again blowing through financial markets.
Leaving Microsoft, Steve Ballmer suddenly had time on his hands. He watched TV, learned Hebrew. Then he spent $US2b buying a basketball team.
A family business that grew out of a small Melbourne broom factory is one of the biggest victims in the ACCC's allegations against Coles.
Google is still pulling in money hand over fist, but Wall Street is hungry for its next move as search advertising business is starting to slow.
WA Premier Colin Barnett blames the big miners for a huge budget hole. But the state badly botched its royalty forecasts from iron ore.
Shareholders have benefited from the success of the grocery giant, but there's no guarantee this will continue.
There are growing doubts among investment experts over the abilities of central bankers.
The bulls are back, or so it seems by Wall Street's second day advance ahead of the weekend, and investors appear eager to take advantage of a sudden drop in valuations.
Speculators added bullish gold bets for the first time in nine weeks as concern that global economic growth is slowing whipsawed equity markets.
Market watchers have been a abuzz with their views on Reserve Bank of Australia assistant governor Guy Debelle's warning.
Rupert Murdoch used an after-dinner speech to the world’s most powerful finance ministers to argue against the widespread quantitative easing adopted by central banks, arguing the policy was increasing the gap between rich and poor.
Video games retailer EB Games is predicting it sales to soar despite consumer sentiment nosediving and businesses from department stores to airlines bemoaning the slump.
Australian pie and pastry chain Pie Face has reportedly failed in its bid to make the Aussie meat pie a staple of the US food scene, suddenly closing six of its seven New York outlets this week.
More people are paying off their credit cards as they attempt to rein in household debt.
Google and Amazon may pose some of the biggest threats to Australian insurers.
BHP Billiton's marketing boss Mike Henry says iron ore prices of less than $US100 are the new normal, and the mining giant has incorporated that forecast into its plans.
Rio Tinto iron ore chief Andrew Harding has hit back at Fortescue Metals Group boss Nev Power over claims the mining majors’ move to increase iron ore production in a tight market could backfire and cost senior executives their jobs.
Taiwan has confirmed its desire to forge a trade deal with Australia and rejected suggestions that mainland China could "meddle" in its efforts for deeper regional ties.
Google is still pulling in money hand over fist, but Wall Street is hungry for the company's next move.
China’s abrupt reinstatement of import duties on coal is primarily geared at propping up its flagging domestic coal sector.
China's trade surplus more than doubled to $US31.0 billion ($A33.54 billion) in September, official data shows, with exports jumping and imports increasing more slowly.
David Jones has opened its first new Sydney store in seven years and the first since its sale to South Africa’s Woolworths Holdings.
Changes in customer demands have seen the National Australia Bank and others alter their approach, offer a range of high level self-service, provide 24-hour access and new-age banking.
With more Americans in work, US retailers are expecting bumper sales as the holiday season looms, writes Carolyn Cummins.
The cash is rolling into the commercial property sector and the end is definitely not nigh.
Get ahead in the spring fashion stakes with the hat that best suits you.
Cash flow is key to a good business but in our private lives many of us have little idea about where our money goes.
Iron-related stocks are in trouble and the falling price of iron ore looks likely to hit the economy hard
One of Australia's top digital experts dragged herself off the streets to chase success.
Working standard business hours really has become a thing of the past. But is this a good thing?
Casella Family Brands managing director John Casella says the company will return to profit this financial year, ending a horror stretch that put the nation’s third largest winemaker in breach of its debt covenants.
Skip to:
Comment & Analysis
Abbott's choice: competition v cronies
Tax games when independent
Child care not as easy as ABC