+ G8 paper over tensions, back Greece in euro—G8 leaders expressed their wish to see Greece stay in the eurozone at a Camp David summit Saturday, as the group papered over deep-seated divisions ab...

+ 20,000 anti-capitalist protesters march in Frankfurt: police—More than 20,000 people on Saturday joined a march through the centre of the German financial capital Frankfurt, police said, in a protest against Eur...

+ G8 leaders smooth tensions, back Greece in euro—G8 leaders stressed their desire to see Greece stay in the eurozone at a crunch Camp David summit Saturday, as they smoothed deep-seated divisions abo...

+ St Hilliers to reopen four more sites—Embattled builder St Hilliers Construction Pty will reopen four more work sites on Monday.The company went into administration on May 16 after sister ...

+ China clears Google purchase of Motorola Mobility—Google on Saturday said that Chinese regulators approved its $12.5 billion deal to buy Motorola Mobility, clearing the path for the Internet titan to ...

+ New era beckons for EBRD bank—The European Bank for Reconstruction and Development headed into a new era Saturday after electing its first British president and approving investmen...

+ G8 leaders agree need for growth, stability—G8 host President Barack Obama declared the group "absolutely committed" to growth and fiscal reforms Saturday as leaders of the world's major economi...

+ US Honda recalls nearly 53,000 sedans—Honda says it's recalling nearly 53,000 Acura TL sedans in the United States to fix a problem with power steering hoses.The hoses can deteriorate over...

+ Thousands of anti-capitalist protesters march in Frankfurt—Some 20,000 people joined a march through the centre of the German financial capital of Frankfurt Saturday, protesting against European austerity prog...

+ UK car production up—The number of cars built in the United Kingdom last month was almost 10 per cent up on a year ago, boosted by strong export demand, new figures show.T...

+ G8 leaders tackle Europe's woes—G8 leaders tried to bridge divisions over how to halt Europe's rapidly-deepening economic crisis on Saturday, as host President Barack Obama backed mo...

+ Merkel says Germany needs European market—German Chancellor Angela Merkel said on Saturday that Germany's economic health depends on that of the European Union, even though exports to the regi...

+ S. Korean venture signs $2.5 bn Uzbek gas deal—A South Korean joint venture in energy-rich Uzbekistan said on Saturday it had secured a $2.5 billion credit line to build a new chemical and gas prod...

+ German metalworkers union wins 4.3% pay rise—Some 800,000 metalworkers in the German state of Bade-Wurtemberg won a 4.3 percent pay rise in marathon negotiations, their union said on Saturday, ra...

+ Obama urges lawmakers to defend Wall Street reform—US President Barack Obama urged members of Congress on Saturday to defend Wall Street reform, arguing the recovering US economy cannot take the risk o...

+ Concordia salvage to start early 2013—The head of a US-owned marine salvage company chosen to remove the wreck of the Costa Concordia cruise ship from the waters off Tuscany is predicting ...

+ Greece bridles at Merkel referendum suggestion—Greek political leaders reacted angrily on Saturday to a suggestion, attributed to German Chancellor Angela Merkel, that the country hold a referendum...

+ Greek poll-front runner backs staying in euro—Greek poll front-runner Alexis Tsipras, buoyed by a groundswell of opposition to EU-IMF imposed austerity measures, says forcing his country out of th...

+ Government under pressure over cattle stunning—The Federal Government is under renewed pressure from within its own ranks to demand all Australian cattle sent to Indonesia are stunned first before ...

+ G8 leaders to focus on Europe's woes—Leaders of the world's most powerful nations were to focus their attention on Europe's economic woes Saturday after President Barack Obama threw his w...

+ Greek politics, Spain banks test eurozone—Chaos in Greek politics and Spanish banking combined this week to underscore just how fragile Europe's economy remains after an eviscerating austerity...

+ Obama backs French call for Europe growth policies—President Barack Obama threw his weight behind French calls more pro-growth policies in Europe, as he welcomed G8 leaders to Camp David for a summit d...

+ After flat debut Facebook awaits market verdict—Facebook stumbled on its first trading day as shares ended barely above the starting price, raising questions about what will happen to the share pric...

+ Motorola Mobility smartphones face US import ban—A US commission sided with Microsoft by moving to ban the import of Android-powered Motorola smartphones based on patent infringement complaints by th...

+ Japan ready to help in euro crisis at G8 talks—Japan said that it stood ready to extend help in stemming the eurozone's debt crisis as the Group of Eight major industrialized nations opened crisis ...

+ Government under pressure to demand cattle stunning—The Federal Government is under renewed pressure from within its own ranks to demand all Australian cattle sent to Indonesia are stunned first before ...

+ GM spurns pricey SuperBowl ads—General Motors said Friday it will skip the next SuperBowl advertising extravaganza because ads cost too much, just days after it pulled online ads fr...

+ Yahoo! stock climbs on report of Alibaba sale—Yahoo! stock price climbed Friday on renewed rumors that it was close to a multibillion-dollar deal to sell half of its stake in Alibaba.com back to t...

+ Facebook falls flat in market debut—Facebook stumbled in its eagerly anticipated market debut Friday, as shares ended barely above the offering price, dampening optimism over the world's...

+ Briton wins battle to head European development bank—The European Bank for Reconstruction and Development on Friday selected British top civil servant Suma Chakrabarti as its president to 2016, replacing...

+ Repsol stops shipping liquid gas to Argentina—Spanish petroleum giant Repsol on Friday cancelled its contract to supply liquid natural gas to Argentina after the South American nation seized contr...

+ India's Tata Steel Q4 net profit dives 90 percent—India's Tata Steel, the world's seventh-largest steelmaker, said Friday quarterly net profit plunged 90 percent from a year earlier, hit by high input...

+ Union says BHP workers will strike next week—The Construction Forestry Mining and Energy Union (CFMEU) says workers at BHP Billiton's coking coal mines in Queensland's Bowen Basin will strike aga...

+ Facebook takes Wall Street roller-coaster ride—Facebook saw roller-coaster action Friday in its first trading day as the social network with some 900 million members made one of the most eagerly aw...

+ $A falls as European worries worsen—The Australian dollar has plunged to its lowest level in almost six months as concern deepens about the euro zone debt crisis.On Friday, the local cur...

+ Ten negotiating sale of Eye Corp—Ten Network Holdings is negotiating the sale its outdoor advertising business Eye Corp, saying it has entered into an exclusivity agreement with a bid...

+ Greece tops G8 agenda as eurozone crisis snares Spain—Debt-stricken Greece topped the world agenda on Friday as leaders went into talks with US President Barack Obama on preventing a chaotic eurozone exit...

+ Police say removing protest van will be 'tricky'—Police are working to remove two women from a vehicle which is blocking the entrance to Western Australia's proposed Kimberley gas hub.The local Broom...

+ US, France forge growth position heading into G8—The United States and France firmly agreed on the need for strong pro-growth policies to loosen an austerity straitjacket Friday, ahead of a G8 summit...

+ EBRD bank picks Briton Chakrabarti for president—The European Bank for Reconstruction and Development on Friday selected British senior civil servant Suma Chakrabarti as its president to 2016, replac...

+ Bankia conned us, Spanish pensioners say—Pensioners with shares in Spain's nationalised financial giant Bankia say it cheated them into buying its stock, which has plummeted in value.Bankia h...

+ IKEA sacks four French managers over spying scandal—Swedish furniture giant IKEA said Friday it was sacking four current and former managers at its French subsidiary over allegations they used illegal p...

+ Investors braced for more market falls—More than $120 billion has been wiped off the share market in May, with shareholders braced for more turbulence as Europe tries to sort out its debt c...

+ Obama says G8 to discuss 'strong growth agenda'—US President Barack Obama said the G8 summit opening Friday will discuss how to couple a "strong growth agenda" with efforts to repair the fiscal bala...

+ Fitch downgrades Greek banks after sovereign cut—Fitch lowered its ratings of Greek banks Friday in the wake of its cut of the country's sovereign rating.Fitch put the new rating for the National Ban...

+ Aust stocks close sharply lower—The Australian share market has fallen sharply to close as its lowest level for six months as investors took fright over the latest developments in th...

+ Shares dive as spooked investors run for cover—The Australian share market has hit a six-month low, wiping $32 billion off the All Ordinaries Index, as investors headed for the exits amid fears abo...

+ Bonds jump on Spanish concerns—Concerns about the position of Spanish banks have pushed Australian bond futures to new record highs.On Friday afternoon, the 10-year bond futures con...

+ TCCI takes broom to boardroom—Tasmania's main business lobby plans to overhaul its board as it deals with serious financial problems.Earlier this month, the Tasmanian Chamber of Co...

+ Eurozone crisis drives stocks lower despite Facebook frenzy—World stock markets fell in nervous trade on Friday and the euro hit a new four-month low against the dollar as a downgrade hit 16 Spanish banks ahead...

+ Spanish bank crisis deepens; markets await summit—Spanish banks skidded deeper into a credit crisis on Friday as world leaders headed to the United States to try to prevent a Greek-driven eurozone cat...

+ Analysts expect flat Myer sales result—A dearth of customers and heavy discounting are expected to have kept Myer's sales in the doldrums.However, the market will be looking for signs of a ...

+ Premier begins budget pitch—Tasmania's Premier has faced criticism of her second state budget which forecasts a rough few years ahead.Lara Giddings, who is also Treasurer, is sel...

+ Zynga price falls 13.3% as Facebook IPO trades flat—Shares of online social game maker Zynga plunged 13.3 percent and triggered a trading halt Friday as Facebook's IPO fell flat with investors.Shares in...

+ Shares set for six-month low amid euro woes—The local share market is on track for its lowest close since November, as worries about the stability of Greece and Spain spark a sell off.The Austra...

+ Market pop fades for Facebook shares—Facebook shares saw an opening pop fade Friday as the wildly popular social network made its long-anticipated market debut.The shares, priced at $38 i...

+ $A a chance of getting back above parity—The Australian dollar could be trading as low as 84.00 US cents, or as high as 106.00 US cents by the end of 2012.It depends who you talk to.The Aussi...

+ Bulgaria, Qatar, Turkey eye joint infrastructure projects—Leaders of Bulgaria, Qatar and Turkey agreed Friday to study joint infrastructure projects like the construction of a new motorway from Istanbul acros...

+ Forest industry returns to peace talks—Tasmania's Forest Industries Association (FIAT) has stressed that its return to peace talks does not mean its given in to anti-logging activists.FIAT ...

+ Safety fears as thieves steal power—Tasmanian power company Aurora Energy is reporting thefts from some of its power poles in south, creating a safety risk for homes and businesses.Auror...

+ Investors in for a bumpy ride—At least $100 billion has been wiped off the share market in May, with shareholders bracing themselves for more turbulence amid continuing uncertainty...

+ Credit markets closing amid Euro woes: ANZ—Credit markets are already closing as the euro zone debt crisis continues, ANZ chief executive Mike Smith says."This is what happens in this sort of s...

+ Qantas 'pocketing $100m' in excess card fees—Consumer advocacy group Choice says Qantas is charging $100 million in excess credit card fees every year under the guise of covering processing costs...

+ $34 billion Inpex project given kick-off from top—Prime Minister Julia Gillard has turned the first sod at the Inpex liquefied natural gas plant site at Blaydin Point on Darwin Harbour.Japanese compan...

+ City dwellers fare better than country cousins—A report has found people who live in the city fare better in terms of health, education, employment and wealth than their rural counterparts.Roy Morg...

+ Hoodie-wearing Zuckerberg kicks off Facebook IPO—Mark Zuckerberg, wearing his trademark hooded sweatshirt, remotely rang the bell to open the Nasdaq Friday, marking a historic share offering for Face...

+ Gas hub protestors blocking road—Two women aged in their sixties have locked themselves inside a van and are blocking the road to the proposed gas hub, north of Broome.The women have ...

+ Stocks to watch early afternoon on Friday—Stocks to watch on the Australian stock exchange at 1411 AEST on Friday:MYR - MYER HOLDINGS LTD - down seven cents at $2.18A dearth of customers and h...

+ Shares set for 12-month low amid euro woes—The local sharemarket is on track for its lowest close this year, as worries about the stability of Greece and Spain spark a sell off.The Australian d...

+ ACT triple-A credit rating secure, for now—ACT's triple-A credit rating appears to be secure, after a decision to delay a budget surplus for at least two years.The ACT Government says it will t...

+ Qantas 'pocketing $100m' in excess card fees—Consumer advocacy group Choice says Qantas is charging $100 million in excess credit card fees every year.Choice head of campaigns Matt Levey says the...

+ Premier begins budget pitch—Tasmania's Premier has faced criticism of her second state budget which forecasts a rough few years ahead.Lara Giddings, who is also Treasurer, is sel...

+ Gas hub protestors blocking road—Two women aged in their sixties have locked themselves inside a van and are blocking the road to the proposed gas hub, north of Broome.The women have ...

+ Miners concerned over WA royalty review—The Western Australian mining industry says it is seriously concerned about a surprise review of the state's royalties.The Government announced in the...

+ City dwellers fare better than country cousins—A report has found people who live in the city fare better in terms of health, education, employment and wealth than their rural counterparts.Roy Morg...

+ Spanish bank woes send $A lower—The Australian dollar has fallen to its lowest level in almost six months as fears of a worsening European debt crisis hit global stock markets.At 120...

+ Aust stocks continue to tumble—Australian stocks continued to tumble at noon after local investors panicked over the debt crisis in Europe.Australian shares opened at their lowest l...

+ Holden announces new export car—Australian-made Holdens are to make a return to the streets and racetracks of North America with the production of a new Chevrolet SS performance seda...

+ $34 billion Inpex project given kick-off from top—Prime Minister Julia Gillard has turned the first sod at the Inpex liquefied natural gas plant site at Blaydin Point on Darwin Harbour.Japanese compan...

+ Some St Hilliers building sites reopen—Four building sites run by St Hilliers have been reopened, as the company continues to hold talks with administrators.The construction arm of the comp...

+ Libs oppose Forestry Tasmania bailout—The Tasmanian Opposition is opposing a bailout for Forestry Tasmania announced in yesterday's budget.The government business will get $110 million ove...

+ Holden to export rebadged Commodores—Carmaker Holden will resume sales of the Commodore to North America from late next year.The cars will be manufactured north of Adelaide at Holden's El...

+ MP urges road train bullbar fines review—Western Queensland MP Vaughan Johnson has asked the State Government to investigate why road train drivers have been fined for what he says are minor ...

+ Vote counting begins for BMA enterprise agreement—Electoral officials have started counting the votes on a proposed enterprise agreement for workers at BMA's coal mines in central Queensland.About 3,5...

+ ACCC to probe online price deals—The competition regulator will investigate clothing importers who are making deals with international online stores to inflate prices for their Austra...

+ Shares set for 12-month low amid euro woes—The Australian share market is heading towards a 12-month low after falling sharply at the open amid ongoing worries about the eurozone's debt trouble...

+ Forest industry returns to peace talks—The Forest Industries Association of Tasmania is returning to the forest peace deal negotiations.The association pulled out of talks earlier this year...

+ Aust stocks sink to lowest level this year—Australian stocks have sunk to their lowest level this year as investors begin to panic over the crisis in Europe after reports of a run on Spanish ba...

+ Some Retravision stores having cash flow problems—The owners of Victorian Retravision stores will meet this morning to discuss cash-flow problems in the Retravision group.It is believed some stores ar...

+ Two south-east Qld casinos to cut jobs—The owner of Queensland's two largest casinos says its cutting around 60 jobs at its major properties in the state's south-east.The positions will go ...

+ PanAust expects years of production growth—Laos-focused miner PanAust expects production to rise in the coming years after an upgrade of its flagship copper mine.PanAust is upgrading its Phu Kh...

+ Qantas to face Virgin competition on Isa-Brisbane route—Virgin Australia will revive its weekday service between Mount Isa and Brisbane, ending the Qantas monopoly on the route.The move has been announced i...

+ Downsize plan casts doubt on Olympic Dam—Federal and State politicians have downplayed doubts over the future of the Olympic Dam mine expansion after BHP Billiton announced plans to downsize ...

+ Aust bonds up as Spanish banks take hit—Australian bond futures have risen to new record highs as Europe's debt crisis took a turn for the worse as the focus shifted to Spain's troubled bank...

+ Jail workers back down on new work bans—Workers at the Fulham prison in south-east Victoria have decided to cease most of their work bans, as an industrial dispute drags on.Prison officers w...

+ ASIC warns of Gold Coast investment scam—Consumers are being warned about unlicensed companies based on Queensland's Gold Coast offering investors huge returns on the share market.The Austral...

+ HP poised to cut up to 30,000 jobs—Hewlett-Packard is reportedly poised to eliminate up to 30,000 jobs to help offset dwindling demand for personal computers as more people connect to t...

+ Government releases Indonesian abattoir report—An investigation into animal cruelty in Indonesian abattoirs has recommended action be taken against two Australian exporters.The Department of Agricu...

+ BMA workers tipped to reject EBA—The mining union says it is confident workers at BHP-Mitsubishi Alliance (BMA) mines in central Queensland will reject the company's latest enterprise...

+ Government attacked over country job losses—Labor is using the latest employment data to step up its attack on the State Government's jobs record in country Victoria.The jobs debate has intensif...

+ Test drilling begins for east-west tunnel—The Victorian Government has announced the start of major drilling and environmental testing work on the planned east-west tunnel link in Melbourne's ...

+ Facebook prices IPO at $US38 per share—Facebook has priced its initial public offering of stock at $US38 per share, at the high end of its expected range.It means investor demand is strong ...

+ Facebook shares to sell for $US38—Facebook says it has priced its initial public offering of stock at $US38 per share.That's the high end of its expected range of $US34 to $US38.It mea...

+ $A down on Euro fears—The Australian dollar has fallen back below 99 US cents amid reports of widespread bank withdrawals in Spain and Greece as fears grow that the eurozon...

+ Fitch downgrades debt-crippled Greece—Fitch ratings agency has downgraded debt-crippled Greece deeper into junk territory, warning of a "probable" Greek exit from the euro currency union i...

+ CSG will impact hundreds of bores: report—A new report suggests more than 500 water bores on farms across Queensland's southern inland will be affected by the coal seam gas (CSG) industry.Arou...

+ Facebook set to price share offer—Facebook's initial public offering is shaping up to be one of the largest in history. It's expected to be a big payoff for a company that started out ...

+ Spanish bank hit by report of withdrawals—Confidence in Spain's banking sector has been shaken after a newspaper reported that depositors were rushing to withdraw their money from Bankia, a ba...

+ Buffett buys up 63 US newspapers—Billionaire Warren Buffett's company is making another foray into US newspapers, agreeing to buy 63 newspapers from Media General Inc for $US142 milli...

+ UK urges action to resolve euro crisis—British Prime Minister David Cameron has urged Europe to sort out its currency crisis, calling on the 17-country eurozone "to make-up or it is looking...

+ Moody's downgrades 16 Spanish banks—Moody's on Thursday cut the debt ratings of 16 Spanish banks by one to three notches, citing the effects of the ongoing recession and the Spanish gove...

+ Facebook sets richest tech IPO in motion—Facebook on Thursday announced a price of $38 per share for its record-setting initial public offering, which gives the leading social network a marke...

+ Markets freeze, gold dives as Greek exit looms—Global markets are jumpy and even prices for safe haven assets are plunging as the political impasse in Greece sends investors ducking for cover.The E...

+ US slaps big duties on Chinese solar cells—The United States slapped hefty anti-dumping duties on Chinese solar cell makers Thursday in a move likely to heighten trade tensions between the two ...

+ US stocks lose over 1% on Europe fears—US stocks piled up losses Thursday as negative news continued from Europe, with Greece's woes deepening and Spain falling into recession.Strong quarte...

+ Facebook prices massive IPO at $38 per share—Facebook on Thursday announced a price of $38 per share for its record-setting initial public offering, which gives the leading social network a marke...

+ Greece readies for polls as euro crisis hits Spain, Italy—A caretaker government took office in Greece Thursday to organise a second election in six weeks after an inconclusive May 6 vote as fears over a poss...

+ Hewlett-Packard to cut 30,000 jobs: report—Struggling Hewlett-Packard will unveil a vast restructuring plan next week that will include axing about 30,000 jobs, Dow Jones's AllThingsD reported ...

+ EU chiefs back both growth, fiscal consolidation: Berlin—The leaders of Britain, Germany, France, Italy and senior EU officials agreed Thursday that both budget consolidation and growth are necessary to tack...

+ Wall Street girds for Facebook frenzy—Wall Street and investors around the globe girded for a frenzy for Facebook shares with investors hungry for a piece of the social network's share off...

+ Unions warn of more job cuts—Public sector unions in Tasmania are expecting hundreds of job cuts to flow from this year's state budget.The Premier and Treasurer, Lara Giddings, ha...

+ China dumping solar cells into US: Commerce Dept—The US ruled Thursday that China is dumping solar cells into its market at large margins, setting the stage for likely hefty anti-dumping duties on im...

+ Fitch cuts Greece's debt rating a notch—Rating firm Fitch downgraded Greece's credit a notch Thursday, to CCC from B-, citing political uncertainty over the country's commitment to a crucial...

+ HSBC says has axed $2.0 bn in cost-saving plan—Global banking giant HSBC said Thursday that it has so far slashed $2.0 billion of costs in the first year of its ambitious plans to axe a total of $3...

+ Tourism industries slam departure tax hike—New Zealand's prime minister John Key will meet Julia Gillard over the planned rise in Australia's departure tax.From July 1, the departure tax on pas...

+ Household costs to rise but less than expected—The Government will raise electricity prices by 3.5 per cent, in line with inflation, lower than the predicted five per cent.The cost of water will al...

+ $A rises after Fed hints about stimulus—The Australian dollar is higher but still below parity, helped by comments that the US Federal Reserve is open to stimulating the American economy.At ...

+ Sydney Airport says it has enough space—Sydney Airport chiefs insist it has ample capacity to cope with any rise in passenger numbers and there is no need for a second airport on the city's ...

+ Brent oil price hits lowest level since December—The price of Brent crude retreated Thursday, hitting the lowest level for over five months, while oil futures steadied in New York a day after hitting...

+ Shares in holding pattern amid Greek turmoil—The share market has closed in negative territory as deepening turmoil in Europe overcame investors in late trade.After making small gains in early tr...

+ Moody's downgrades four Spanish regions—Credit risk rater Moodys Investors Service downgraded four of Spain's regional authorities on Thursday and warned they would likely miss their deficit...

+ Twitter joins Firefox effort to thwart online tracking—Twitter on Thursday took a stand for online privacy by backing a Firefox web browsing feature that lets people signal that they don't want their Inter...

+ Global demand for gold dips 5%: industry report—Global demand for gold fell 5.0 percent in the first quarter of 2012 but demand in China hit record highs and outstripped that of megabuyer India, the...

+ $A rises after US Fed hints about stimulus—The Australian dollar is higher but still below parity, helped by comments that the US Federal Reserve is open to stimulate the American economy.At 17...

+ Star report 'has no impact' on Packer bid—A report clearing Sydney casino The Star of any wrongdoing over its investigation of sex harassment claims is unlikely to stop James Packer's push to ...

+ Australia set to be No 1 in LNG: Exxon—Australia should be the world's biggest exporter of liquefied natural gas by the end of the decade, says the vice president of the world's biggest pet...

+ Spain's Bankia plunges on report of mass withdrawals—Shares in Bankia, taken over by the Spanish state because of a mass of bad loans, plunged Thursday after a report that clients had withdrawn over one ...

+ Aust stocks close slightly lower—The Australian share market closed slightly lower as Asian markets rallied and concerns about Greece's future in the euro zone eased temporarily.On Th...

+ European stocks slump, euro hits four-month dollar low—Europe's main stock markets tumbled Thursday and the euro hit a new four-month dollar low as worries spiked over the eurozone debt crisis that is plag...

+ IAG paves the way for UK asset sale—Insurance Australia Group (IAG) is considering a potential sale of its loss-making businesses in United Kingdom.IAG has launched a review of its Equit...

+ BHP chairman lashes 'high cost' Australia—The chairman of BHP Billiton says the company's Australian operations are facing pressure from high production costs, difficult industrial relations, ...

+ Spain falls into recession amid fears of eurozone bank run—Spain tumbled into recession and European stock markets and the euro fell Thursday as Greece installed a crisis government to tackle its crippling deb...

+ Lack of European news keeps bonds low—Australian bond future prices have weakened slightly as traders await fresh developments in the political and financial crisis gripping Greece.At 1630...

+ Govt to bailout Forestry Tasmania—The Tasmanian Government will spend $110 million over four years bailing out Forestry Tasmania as it determines how the Government business enterprise...

+ BHP Billiton chief sparks workplace row—Federal Treasurer Wayne Swan has rejected suggestions that major international companies will abandon their investments in Australia because of the co...

+ CBA set to post first $7bn bank profit—Commonwealth Bank of Australia (CBA) is on track to be the first of the big four to post a $7 billion full year profit.Australia's largest lender made...

+ Boart Longyear hasn't seen mining drop—The head of mining products company Boart Longyear has disputed claims by BHP Billiton that commodity price falls and global economic uncertainty are ...

+ Shares in Spain's Bankia plunge on withdrawal reports—Shares in Bankia, taken over by the Spanish state because of a mass of bad loans, plunged Thursday after a report that clients had withdrawn over one ...

+ Power and water prices set to rise in double slug—The Northern Territory Government says average household utilities prices are set to rise by $225 a year because of the Federal Government's carbon ta...

+ Spanish borrowing costs jump in bond auction—Spain's borrowing costs surged Thursday at a bond auction as official data confirmed the country fell back into recession in the first quarter and rep...

Last new 20/5/12 8:04am.