Geraldton company Bhagwan Marine is planning to expand its oil & gas services business after gaining financial backing from private equity group Catalyst Investment Managers.
European shares closed at a near seven-month high on Monday as euro zone finance ministers edged closer to a long-awaited agreement on a rescue package for Greece.
Perth-based car dealer and logistic company Automotive Holdings Group has reported a strong rise in statutory net profit on record group revenue, though earnings per share were down slightly.
Australia's wheat export regulator should be reformed, rather than abolished, to protect the industry's reputation overseas, a Senate hearing has been told.
The Australian dollar was unmoved from its last close today, ignoring positive developments in China because of uncertainty ahead of a key euro zone meeting to resolve Greece's debt crisis.
Noble Mineral Resources has completed a $10 million share placement to fund the final commissioning of the processing plant at its Bibiani gold project in Ghana.
Developers of Western Australia's troubled $6 billion Oakajee port and rail project are hopeful it will go ahead after Japan's Mitsubishi took full control of the company today.
The Australian share market rallied over one per cent on a raft of corporate earnings results and the likelihood of euro zone finance ministers approving another bailout for Greece.
The insulation properties of wooden power poles deteriorate with age and power companies should consider more regular inspections to avoid the risk of fire, new research suggests.
Perth-based Amcom Telecommunications has reported a 20 per cent lift in interim operational net profit, on the back of a strong performance from its fibre-based communications services business.
Gindalbie Metals has awarded Downer EDI a $64 million contract for electrical and instrumentation works at its Karara iron ore project in the Mid West.
Listed company STW Group has added to its Perth media and communications interests by purchasing a 49 per cent shareholding in public and investor relations firm Purple Communications.
Big business is urging the federal government to keep its promise to return the budget to surplus unless there is a serious deterioration in the global economy.
The Kerry Stokes-controlled Seven Group Holdings has agreed to sell its wireless broadband business to Singapore Telecommunications' Australian unit Optus for $230 million.
A joint venture including Leighton subsidiary Thiess has won a $500 million contract to build storage tanks at the Wheatstone liquefied natural gas project in Western Australia.
Engineering firm UGL has reported a 15 per cent fall in first-half profit due to acquisition costs but it says it is on track to deliver a five per cent rise in full-year underlying profit.
Australian stocks have opened more than one per cent higher, as firmer oil prices and a relaxing of banking requirements in China fuelled a rally in the resources and energy sectors.
European stock markets closed higher on Friday as investors took heart from the latest comments on the Greek debt crisis and positive US economic data, analysts said.
Monadelphous Engineering has become the fourth contractor to announce a framework agreement with Rio Tinto, giving it preferred contractor status for structural, mechanical and piping work as well
Australia's two most powerful supermarket players, Woolworths and Coles, have increased their dominance on a global scale after being named among the top 21 retailers in the world.
