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Channel Ten's saviours? Lachlan Murdoch, Bruce Gordon, James Packer.

Billionaires might end up with Ten by Christmas

Billionaires Lachlan Murdoch, James Packer and Bruce Gordon might end up with complete control of the Ten Network by Christmas if Malcolm Turnbull does not slash TV licence fees in the upcoming Budget.

Spotless CEO Martin Sheppard.

Spotless talks up savings in Downer rebuff

Takeover target Spotless claims the hostile bid from Downer EDI fails to properly take into account merger savings that both companies had identified during more amicable talks in June last year, and didn't reflect its growth prospects

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Markets Live: ASX on back foot

Shares are wobbling in early trade as buying in the banks offsets a more downbeat general mood, as investors wade through a number of corporate updates.

Refinery crude runs rose by 347,000 barrels per day to a record 17.3 million bpd and utilisation rates rose to 94.1 per ...

US refiners boost output

​US crude oil inventories fell sharply and stockpiles of gasoline jumped last week as refiners hiked production rates.

The next step, possibly in June, could mean dropping a bias for even more policy easing and changing the wording of ...

ECB seen firmly on hold

​The European Central Bank is set to keep policy unchanged on Thursday but may acknowledge better growth prospects.

Dole, a high-school droopout and Army veteran, introduced the US to Hawaiian pineapples. He has since become one of the ...

Mr Pineapple, 94, eyes Wall Street

Fruit billionaire David Murdock took Dole Food Co., the business synonymous with Hawaiian pineapples and bananas, private three years ago. Now he's looking to float it again.

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Is it time to dip back into risk assets?

The ASX 200 almost broke the 6000 barrier three weeks ago, but has since dipped back down. With uncertain outcomes evolving from the French election, investors are keeping an eye on protectionist governments potentially stifling trade. (This video was produced in commercial partnership between Fairfax Media and IG Markets).

Investors are playing it safe.

8@eight: Underwhelmed by Trump plan

The feeling on the trading floors around the anticipated Trump tax plans is certainly one of being underwhelmed, but then should we really have expected anything so punchy that it really moved the dial?

President Donald Trump speaks on Capitol Hill in Washington, Tuesday, April 25, 2017, during the United States Holocaust ...

Wall Street disappointed by Trump tax plan

Equities retreated from highs on Wednesday after a US tax plan disappointed, while the Canadian dollar and Mexican peso weakened against the greenback on the possibility of a US withdrawal from the North American Free Trade Agreement.

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