Engineering firm Calibre Group has acquired Queensland's G&S Engineering Services in a cash and scrip deal worth up to $74 million, at today's share price.
FOGARTY Wine Group has embarked on a significant expansion into Asia's wine markets with its acquisition of the largest wine-processing facility in Margaret River.
The Australian share market has opened lower after world markets fell on a downgrading of world economic growth forecasts and expectations of weak earnings from US companies.
US stocks have skidded after the IMF cut its global economic growth forecasts and investors braced for the start of a poor third-quarter earnings season.
Explorer Victory Mines made a modest debut on the stock exchange but is hopeful of following in the footsteps of Australian rare earth trailblazer Lynas.
The Australian share market has closed above the 4500 level for the first time in 14 months.Energy and Resources stocks drove the gains on the back of positive price action in Asia.
Striking Fremantle Port workers seeking roster changes to give them six days off after four days' work are being "frivolous" and should stop holding the state to ransom, Transport Minister Troy Bus
Ramelius Resources has given the final go-ahead for the development of its Western Queen South gold project near its existing Mt Magnet gold mine in the Mid West.
Helix Resources has signed an agreement with Japan's Mitsubishi Materials Corporation for the development of the Joshua copper project in Chile that could be worth up to $19.5 million.
The mining boom has helped cut unemployment in regions well away from Queensland's coal mines or Western Australia's iron ore deposits, the Reserve Bank of Australia says.
It's hard to be an optimist on the day BHP Billiton starts culling its WA iron ore workforce, and the International Monetary Fund publishes a downbeat outlook of the global economy, but as with all
The International Monetary Fund has made across-the-board cuts to its world economic growth forecasts, saying "uncertainty weighs heavily on the outlook".
Australia's experience in dealing with its challenging farming environment means it's well placed to lead improvements in global food security, Foreign Minister Bob Carr says.
Prime Minister Julia Gillard says the time has come for Australia and Japan to "seal the deal" on a free-trade agreement that has been more than five years in the making.
US stocks have followed European and Asian markets lower, giving up some of last week's solid gains ahead of the third quarter earnings reporting season.
