ITL launches DonorCare Needle Guard 2

ITL BioMedical has achieved significant sales in excess of one million of its recently launched DonorCare Needle Guard 2.

Metals of Africa raises $9m

Metals of Africa has completed an oversubscribed placement to raise $9 million (before costs) to advance its graphite projects in Mozambique.

MQA updates ADELAC interest

Eiffage and Macquarie Autoroutes de France 2 have entered into an agreement with AREA to purchase the 46.1% ADELAC interest for EUR130 million (A$211 million).

TerraCom's Blair Athol mine life extended

Independent expert Xenith Consulting has conducted an extensive review on TerraCom's Blair Athol project.

Westpac CEO calls for govts to up spending

Westpac's CEO says government infrastructure spending could break the deadlock between consumers and businesses, who are looking to each other for cues.

Jobs ads lift in October: survey

The number of job ads improved solidly in October, after a relatively flat September.

China risk tarnishes HK business hub

The financial world is becoming increasingly spooked by China's seeming interference and slowing economy, tarnishing HK's appeal as a financial hub.

China slowdown hits Asia art market

New York auctions paint sombre picture of Chinese art buyers, with the slowdown in the world's second largest ecomony also hitting the Asian art market.

US mutual fund mgrs brace for close poll

Mutual fund managers are bracing for more market volatility and readying for opportunities with the race for the White House looking tighter.

US jobs growth, wages boost rate prospects

Nonfarm payrolls increase 161,000, unemployment falls and average hourly earnings lift US10 cents - it all points to an increased chance of a Fed rate rise.

Majority of UGL directors back CIMIC bid

All but one UGL board member has backed CIMIC's $524 million takeover bid of the engineering company.

Northern Star to lift output at WA mine

Gold miner Northern Star has outlined a plan to lift production at its Jundee mine in WA, initially by 15 per cent from FY18.

Samsung offers digital assist in Galaxy S8

Samsung will offer an artificial intelligence assistant service in the upcoming flagship Galaxy S8 smartphone.

Aust market nervous ahead of US election

The Australian share market is set to open lower as investors bite their nails ahead of the US presidential election.

Shots fired at Istanbul's Ataturk Airport

Two men on a motorcycle have been shot at by Turkish police when they refused to stop at Istanbul's main Ataturk Airport.

Toyota Corolla turns 50

Happy birthday to the Toyota Carolla, which has been rolling off the production line for 50 years this weekend.

US trade deficit hits 18-month low

Rising exports and a slump in imports have propelled the US trade deficit to a more than 18-month low, the Commerce Department says.

Westpac director Elizabeth Bryan to retire

Elizabeth Bryan's 10 years on the board of Westpac will come to an end when she retires in December.

Stocks at lowest levels since July

Global share prices have retreated to their lowest levels since early Julyafter two weeks of relentless losses dominated by political uncertainty.

Finance Week for November 6 - 12

The week in Australian finance, November 6 to 12

Stocks of interest for the week

Stocks of interest on the Australian share market this week

RBA content but watchful on jobs, housing

The latest statement from the Reserve Bank of Australia highlights the jobs market and housing supply as possible concerns in an otherwise upbeat picture.

A wine made by women, for women

Australian winemaker Treasury Wine Estates is expecting big things from a new wine range made by women, for women.

Demand lifts for close-to-home barley malt

The craft beer boom is flowing into increased demand for locally grown, and traditionally processed, malt barley.

MRG plans Yardilla drilling

MRG Metals has made progress at its high potential Yardilla gold property in WA.

SpeedCast completes insto offer

SpeedCast International will launch an $295 million equity raising to fund the acquisition of Harris CapRock from Harris Corporation.

GBST partners with MainstreamBPO

GBST has entered the business process outsourcing market through a partnership with MainstreamBPO.

Carnarvon drills Phoenix South-2

Carnarvon Petroleum has started drilling the Phoenix South-2 well on 30 October, and has drilled down to 1,500m measured depth.

Arrium's MolyCop sold for $1.6 billion

Arrium's administrators have agreed to sell its Moly-Cop grinding media business for $1.6 billion, with proceeds to be used to cut the company's massive debt.

A preview of next week's economic data

A preview of next week's Australian economic data, November 7 to November 11.

Slater and Gordon board cops flak at AGM

Slater and Gordon shareholders have voiced their discontent with the law firm's UK debacle and delivered a first strike on its executive pay.

Antisense progresses MS treatment

Antisense Therapeutics continues to interact with potential pharmaceutical partners regarding the ongoing development of ATL1102 for multiple sclerosis.

SCA redeploys NZ sale proceeds

SCA Property has completed the redeployment of the proceeds from the sale of its New Zealand portfolio for $255 million.

Seven West signs crowdsourced content deal

Newzulu says Seven West Media will be able to access its crowdsourced content and reporters will use its mobile technology to file video and photos.

Genworth earns $47M

Genworth Mortgage Insurance reported net profit after tax (NPAT) of $46.7 million and underlying NPAT of $47.4 million for the quarter ended 30 September 2016.

A review of this week's economic data

A review of this week's Australian economic data, November 1 to November 5.

Facebook warns growth will slow

Facebook shares have tumbled seven per cent after the company warned ad growth will slow as the social media network hits its limits on ad load.

First strike for Boral at AGM

Boral has suffered a first strike at its AGM as it warned wet weather had hit its Australian sales in the first quarter of the year.

US services slows; jobless claims rise

The mixed reports came a day after the Federal Reserve offered a fairly upbeat assessment of the economy and signalled it could raise interest rates next month.

Brexit ruling tops Trump as tensions ease

The pound has jumped after a UK court ruled that parliament must approve a government decision to trigger Brexit, lifting European stocks and bond yields.

Fannie Mae posts $US3.2B profit

Mortgage giant Fannie Mae reported net income of $US3.2 billion from July through September.

Egypt devalues currency by 48 per cent

Egypt has devalued its currency by 48 per cent, meeting a key demand set by the International Monetary Fund in exchange for lifeline loan.

Warrnambool Cheese in profit but cautious

Warrnambool Cheese says it is cautious about risks to returns this year from dairy prices and the Aussie dollar after returning to profit in the first half.

Stocks to watch

Stocks of interest on the Australian share market

Scentre sales up, guidance on track

Scentre Group says stronger jewellery, technology, leisure, health and beauty sales will keep it on track for guidance of 23.25 cents per share.

South32 buys Peabody's Metro Colliery

South32 has bolstered its Australian operations by snapping up Metropolitan Colliery and a stake in the Port Kembla coal terminal from Peabody Energy.

Green light for Tabcorp's Intecq takeover

The ACCC has found no reason to oppose Tabcorp's multi-million takeover of gaming technology firm Intecq.

Metalicity set for lithium drilling

ASX-listed Metalicity Ltd (ASX:MCT) is preparing a drilling campaign at its Lake Cowan project.

Greenland Minerals happy with new govt

Greenland Minerals and Energy (ASX:GGG) has welcomed the change of government in Greenland.

Jamie Oliver takes over Aust restaurants

Celebrity chef Jamie Oliver will buy the Jamie's Italian restaurant franchise chain after its previous owner went into receivership.

ANZ eyes asset sales as FY profit dips 18%

ANZ's full-year cash profit has fallen 18 per cent due to restructuring charges and the bank may sell its Australian life insurance and super businesses.

Fairfax hit by Domain earnings outlook

Fairfax Media has warned that first-half earnings will be weaker for its key Domain real estate business, prompting a sharp fall in its shares.

Coal 'rampage' could spark trade surplus

Rising coal prices have helped cut Australia's trade deficit and could add $5 billion to the 2017 federal budget, but economists warn they won't last forever.

South32 to buy Metropolitan Colliery

South32 has entered into a binding agreement to acquire the Metropolitan Colliery and associated 16.67% interest in the Port Kembla Coal Terminal.

Greenearth sell technology in China

Greenearth Energy NewCO2Fuels to commercialise NCF's award winning CO2-to-fuel technology for the Chinese market.

Crowd Mobile launches new sticker apps

Crowd Mobile has released the first app from its partnership with Viacom International Media Networks (VIMN).

Europe hopes Clinton win spurs Iran deals

European businesses hope Democrat Hillary Clinton wins the US presidential election and that her victory brings greater clarity over deals with Iran.

Scentre sales up 3.4%

Scentre Group's comparable specialty sales went up 3.4% for the 12 months to 30 September 2016 to an average of $11,142 per sqm.

migme expands with Gamespark

migme has partnered with Gamespark Interactive to rebrand and publish four new mobile and social casino games.

Breville and Philips part company

Breville Group's distribution agreement with Philips for Australia and New Zealand will expire on May 31, 2017.

ACCC clears Tabcorp's Intecq deal

Australian Competition and Consumer Commission will not oppose Tabcorp's proposed acquisition of Intecq.

Tyranna has Greenewood results

Tyranna Resources has received assay results from a further 11 RC holes drilled at the Greenewood gold prospect.

Genworth renews CBA contract

Genworth Mortgage Insurance has renewed its supply and service contract with the Commonwealth Bank.

Clean TeQ raises $15M

Clean TeQ Holdings has agreed a placement of 33,333,333 new shares to AustralianSuper at 39c per share to raise $13 million.

Adelaide Res has 'best' gold

Adelaide Resources has received assay results for the first ten RC holes drilled at the Baggy Green prospect.

Brit carmakers could face 10% tariffs

If UK carmakers face 10 per cent EU export tariffs post-Brexit, the government may end up paying them more than their wage bill in subsidies, an analysis shows.

Legal challenge on who can trigger Brexit

Lawyers expect England's High Court to rule on Thursday on whether the British government has the right to trigger Brexit.

Agriculture investment yields growth

Investments in agriculture have helped lower poverty rates in African countries including Ghana, Rwanda and Ethiopia.

Asia stocks wrestle with US political risk

Bonds, gold, the yen and Swiss Franc are up as the US election race tightens with investors pricing in more risk in case Donald Trump wins the White House.

Best Brexit talks outcome is to avert it

Academics advise that the best outcome of talks over Brexit would be to stop Britain leaving the European Union, with political fallout the biggest threat.

Domestic travel boom brings start-ups rush

Increased demand has seen a slew of new airlines enter China's market since rules were relaxed three years ago, lifting demand for pilots and backers.

Service sector activity stable in October

Australian service sector activity has returned to slight expansion, but conditions remain fragile, the Australian Industry Group says.

Finance News Update, what you need to know

Finance News Update, what you need to know

Ryanair to step up battle with Lufthansa

Irish airline Ryanair has announced it will use Frankfurt, Germany's biggest airport, from March 2017.

Alibaba tops Street 2Q forecasts

Alibaba has beaten Wall Street expectations by reporting fiscal second-quarter earnings of $US1.14 billion ($A1.49 billion).

German unemployment drops to 5.8 per cent

The unemployment rate in Germany fell to 5.8 per cent in October from September's 5.9 per cent.

Home prices set for soft fall, not a crash

Building approvals rose in the September quarter and house prices fell, while investment in commercial property is rising, new figures indicate.

Investors take fright at US election race

Asian stocks hit a seven-week low on Wednesday, while European bourses followed Wall Street's lead overnight and slid to a four-month low.

UK plans for fiscal headroom for Brexit

The Financial Times newspaper reports Britain's finance minister would allow the budget deficit to rise should Britain's exit from the EU hit growth.

Brambles sells aerospace unit for $US130m

Logistics giant Brambles has struck a binding agreement to sell its aerospace solutions business for $A170 million to a global private equity firm.

nib targets improved margins and volumes

Health insurer nib aims to grow policyholder volumes by four to five per cent annually over the next few years, amid anticipated fairly stable margins.

Freddie Mac reports Q3 income of $A3b

US mortgage giant Freddie Mac has reported net income of $US2.3 billion ($A3 billion) for the third quarter.

Harvey Norman sales and profit on the rise

While Harvey Norman's quarterly pre-tax profit has jumped 26 per cent, its comparable sales growth has slowed.

Strong housing market boosts CSR's profit

Building products supplier CSR says housing construction remains strong but there are signs the apartment market may be softening.

Non-residential building steps up

ABS figures show home-building approvals are trending lower but they are still unusually high, and non-residential approvals are surging.

Low rates no match for house price hike

Resurgent house price growth is threatening to wind back recent improvements in home affordability.

Surfstitch rejects $55m offer

Shares in Surfstitch have rallied on news the troubled online sportswear retailer has received a number of takeover offers.

IDT ships first capsules to US

IDT Australia has shipped the first of its new generic pharmaceutical products to US distribution partner, Mayne Pharma.

China tech giants bet on 'Uber for bikes'

After a flurry of activity in China's ride-hailing industry, the next area of massive growth could be in bicycle sharing.

Buxton enhances prospectivity

Buxton Resources's geology mapping and rock chip has discovered over 700 metres of disseminated Ni-Cu sulphides.

D13 showcases drone solution

Department 13 International will host a live demonstration of its flagship MESMER counter-drone solution.

Kingsland forms JV with Urban Global

Kingsland Cambodia has entered into a JV with Urban Global, a wholly owned subsidiary of Shukaku.

Bioxyne launches probiotic products

Bioxyne has launched its first two own brand probiotic products, Progastrim and proTract in the Australian market.

Salt Lake has first SOP samples

Salt Lake Potash has received excellent results from evaporation and process testwork.

Osprey introduces DyeVert PLUS

Osprey Medical expands its portfolio with introduction of the DyeVert PLUS Contrast Modulation/Monitoring System.

Aguia starts drilling at Tres Estradas

Aguia Resources has started an extensive infill drilling program at its flagship Tres Estradas phosphate project.

Virgin loses $3.6M in Q1

Virgin Australia reported an underlying loss before tax of $3.6 million for the first quarter of the FY17,down $12.1 million.

Rewardle partners with Amex

Rewardle Holdings has established a marketing partnership as part of the Shop Small initiative with American Express.

Flexiroam signs up SIASU

Flexiroam Asia has signed a partnership agreement with Singapore Airlines Staff Union which represents more than 10,600 members.

Ajinomoto, PepsiCo vie for Promasidor

Japan's Ajinomoto and US soft drinks giant PepsiCo both want to secure a stake in African firm Promasidor, with the stake valued at $US1 billion, sources say.