Company News & Earnings

The chairman of BHP Billiton says the company's Australian operations are facing pressure from high production costs, difficult industrial relations, high taxes and global instability.In a speech to the ...

Australian stocks have closed at a two-month low, after one of the worst trading days of the year.

Debt-laden Greece is headed for new elections next month following an indecisive vote and on Wednesday named a judge as caretaker premier amid growing fears over the country's eurozone future.Panagiotis ...

Brickworks Markets traders have indicated a lease arrangement being offered by West Torrens Council in Adelaide would fail to give them the long-term certainty they want.But the council also has made clear ...

A Japanese company, Japan Australia LNG, is set to take a stake in the proposed Browse gas development in WA's Kimberley in a $2 billion deal.Woodside has accepted the company's offer for a 14.7 per cent ...

Greece will go to the polls for the second time in just six weeks on June 17, the Athens News Agency said Wednesday, as fears grew of more instability over the troubled country's future in the eurozone.State-controlled ...

Worries about the economic stability of the eurozone continue to weigh on consumer confidence despite the Reserve Bank slashing the cash rate this month, a closely watched survey has found.The monthly ...

The New South Wales Government says farmers could be offered greater compensation to encourage coal seam gas projects on their land.Energy Minister Chris Hartcher says the Government wants landholders ...

Greece will go to the polls for the second time in less than two months on June 17, the Athens News Agency said Wednesday, as fears grew of more instability over the country's eurozone future.State-controlled ...

The Australian share market struggled in morning trade, touching a two-month low amid strengthening concerns that Greece would not repay its debts.The country has announced it will hold another round of ...

Worries about the economic stability of the eurozone continue to weigh on consumer confidence despite the Reserve Bank slashing the cash rate this month, a closely watched survey has found.The monthly ...

The prospect of a second Greek election in less than two months stoked the eurozone crisis Wednesday even as France and Germany pledged support and help for growth.News that about 700 million euros ($894 ...

China Mobile, the world's biggest mobile operator by subscribers, said Wednesday the company is in talks with Apple to offer the popular iPhone to its users in the Asian nation.The company's domestic rivals ...

Treasury Secretary Martin Parkinson has mounted a spirited defence of the federal budget, denying accusations that the return to surplus is just smoke and mirrors.About $7 billion worth of spending moved ...

US media giant News Corp. has taken a 19.9 percent stake in Bona Film Group, which calls itself the largest privately owned film distributor in China, the firms said.A joint statement dated Monday said ...

The Australian share market slipped today and the local currency remains under pressure as ongoing political uncertainty in Greece hits global markets.Greece faces new elections and a possible default ...

The chairman of a parliamentary committee into Australia's food industry has accused Coles of giving its own brands more shelf space than other brands.Tasmanian Liberal Senator Richard Colbeck made the ...

The State Government is set to reject a key expert panel recommendation as it revamps the state's power sector.The panel recommended that the section of Hydro Tasmania which sells power be broken into ...

Banking giant ANZ on Tuesday announced plans to invest another Aus$300 million (US$300 million) to expand its China operations, boosting the number of its outlets across the country from six to 20.Australia ...

German insurance giant Allianz on Tuesday said its net profits soared by 60 percent in the first quarter of 2012 and confirmed its full-year targets.Net profits rose to 1.37 billion euros ($1.76 billion) ...

The share market has shaken off losses late in the session to end slightly higher, while the Australian dollar is struggling to return to parity with its US counterpart, amid worries about Greece's future ...

The ousting of Yahoo!'s chief executive after less than a year forces the flagging Internet pioneer into another painful reboot, but some analysts say it could be a blessing in disguise.Yahoo! boss Scott ...

Qantas has rejected claims plans to close heavy maintenance operations in Melbourne or Brisbane will violate its own safety management procedures.The Australian Licensed Aircraft Engineers Association ...

The Australian share market has started the week in positive territory as moves by China to encourage lending and boost economic growth outweigh investor concerns about political instability in Greece.On ...

Operations are winding down at BHP Billiton-Mitsubishi Alliance's (BMA) Norwich Park coal mine in central Queensland, which is being closed for financial reasons.Last month, BMA announced it would stop ...

Masses of chanting "indignant" activists poured into the streets across Spain on Saturday in a vast show of strength one year on from igniting a global protest against economic injustice.Tens ...

India will lose vital foreign investment if state-run Norwegian telecom giant Telenor has to exit the country nursing multi-billion-dollar losses, a Norwegian minister warned on Saturday.Telenor, which ...

China said on Saturday it would cut reserve requirements for banks, after disappointing economic data raised fears of a sharp slowdown in the world's second largest economy.The People's Bank of China, ...

ANZ Bank is the last of the big four banks to announce its move on interest rates this month, cutting its standard variable mortgage and small business interest rates by 37 basis points.From May 18, the ...

The local share market has seen its worst week in six months with a fall of 2.5 per cent.Deepening eurozone political turmoil and weak economic data from China raised growth concerns, while a huge hedging ...

There are signs of financial distress among Australia's junior mining companies.Earlier this month, Kagara Mining found itself unable to pay its debts, while other smaller miners were savaged by the share ...

Australian businessman Dick Smith has taken a swipe at foreign-owned food companies that advertise their products as Australian.Mr Smith, the owner of Dick Smith Foods, told the Senate Select Committee ...

Australian businessman Dick Smith has taken a swipe at foreign-owned food companies that advertise their products as Australian.Mr Smith, the owner of Dick Smith Foods, told the Senate Select Committee ...