Business News

Dollar at three-month high
NEWS.com.au
THE dollar has opened at a three-month high as firmer commodities prices and improved sentiment on Wall Street boosted the high-yielding currency.
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Confidence slowly returning to market
NEWS.com.au
THE Australian share market closed firmly in the black today, with gains across most sectors.
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Car buyers defy tough times
NEWS.com.au
AUSTRALIANS bought more than a million new vehicles last year, only the second time the milestone had been reached.
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Famed Wedgwood cracks under pressure
NEWS.com.au
RENOWNED crystal and pottery maker Waterford Wedgwood has become the latest victim of the global economic crisis after filing for bankruptcy protection yesterday.
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Leighton plunges on asset writedowns
NEWS.com.au
LEIGHTON Holdings shares plunged almost 10 per cent today after it cut its profit forecast amid asset writedowns of $200 million.
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Rio Tinto resumes Pilbara mining
NEWS.com.au
RIO Tinto has resumed all of its iron ore operations in Western Australia's Pilbara region after suspending some activities.
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Cloud on car sales
NEWS.com.au
AUSTRALIA'S car industry faces a downturn that could hit 15 per cent, making the sector a barometer of the country's economic health.
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Business confidence at record low
NEWS.com.au
BUSINESS confidence is at a record low, with the global financial crisis dealing a blow to sales and profitability.
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Big miners get welcome boost
NEWS.com.au
SHARES in our battered big miners got a much-needed boost yesterday, buoyed by a bounce in commodities prices.
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Dollar rises to 12-week high
NEWS.com.au
THE Australian dollar reached a 12-week high today, as a more optimistic mood among investors supported the currency.
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Apple chief tackles health rumours
NEWS.com.au
STEVE Jobs has moved to end speculation about his health after dramatic weight loss, saying he is suffering a hormone imbalance.
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Explorers digging in
NEWS.com.au
THE cash-strapped mining industry has stepped up lobbying of the Federal Government for a scheme that allows investors access to tax deductions.
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Retail confidence sets the agenda
NEWS.com.au
IT WAS yet another pep talk by a management guru and Monica Lim soon switched off. Then she snapped to attention.
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Market loses early gains
NEWS.com.au
THE Australian stock market closed lower on Monday as profit-taking investors wiped off early gains.
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Gunns pulp mill plan rejected
NEWS.com.au
SHARES in woodchipper Gunns Ltd fell sharply today after the Federal Government refused to approve a $2.2 billion pulp mill.
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