Perth engineering firm Clough has ceased trading on the ASX after securing the green light from shareholders and the Federal Court to proceed with a $462 million takeover by South African group Murray & Roberts.
The Australian Institute of Company Directors has released its bi-annual Director Sentiment Index survey showing confidence of Australian directors about business and the future of the economy has improved since the election of the Abbott government.
FEATURE: The trucking and logistics sector is investing in new growth projects around Perth's two major freight hubs, despite the economic slowdown in WA.
The share market has fallen for its fourth straight day due to uncertainty about when the US will start to reduce its economic stimulus program, and a slowdown in Chinese manufacturing activity.
Perth-based junior exploration firm Walkabout Resources says a deal signed last month with coal technology group Coalswana could underpin its four-pronged approach to developing its Takatowane coal
Perth-based Paladin Energy is persisting with negotiations on the sale of a minority stake in its Langer Heinrich uranium mine in Namibia, and has assured shareholders it will give them an update by the end of the month.
Ausdrill managing director Ron Sayers says he no longer plans to step down from the role next year, despite the prospect he could face a retrial on tax fraud charges.
BHP Billiton's annual meeting in Perth today resembled a debate on climate change, with chairman Jac Nasser expressing frustration that the company's achievements in that field were not being recognised.
Plans for a six-storey, $4.5 million office development at the old Stockade Building on the corner of Barrack and Wellington streets have been approved by the City of Perth.
The federal agency managing the government's bond portfolio says a buffer beyond what is expected to be the peak in commonwealth debt is needed to cope with unforeseen events in any one year.
US stocks have fallen after minutes from the last Federal Reserve policy meeting said the central bank could scale back its stimulus program "in coming months".
Gold futures have extended their early losses as minutes from the Federal Reserve's most recent policy meeting show some officials still expect a wind-down of the central bank's bond buying in coming months.
One of the downsides of international investment is that people with a different worldview can start influencing the ways things are done in Australia.
The Australian dollar has fallen more than half a US cent after the minutes of the Federal Reserve's October policy meeting showed that it'll likely wind back its economic stimulus program in the coming months.
Mineral Resources is expecting to defy the mining services downturn, telling shareholders today that it anticipates strong growth in net profit in the current financial year.
Gindalbie Metals says it will continue to purchase iron ore from third parties to make up for a shortfall of concentrator production at its Karara mine, as the company warned shareholders it will need additional capital investment before it can reach capacity at its main magnetite project.
Northern Star Resources has weathered a fluctuating gold market with low costs and strong profits, and is looking forward to new acquisition opportunities, chairman Chris Rowe announced at its annual general meeting today.
Amcom chairman Tony Grist told the company's annual meeting today it was well placed to deliver another year of double digit percentage growth in underlying net profit after tax.
RCR Tomlinson says it's confident its newly acquired infrastructure business will provide significant growth in the year ahead as the company looks to diversify its revenue streams.
Perth-based miner Viking Ashanti will merge with Mongolia-focused coal developer Auminco Mines under a share exchange transaction, with a capital raising of $4.5 million planned for the consolidated company in early 2014.
The Clough AMEC joint venture has been awarded a two-year contract extension worth $150 million to continue to provide operations and maintenance services at ConocoPhillips' Bayu-Undan oil and gas facilities in the Timor Sea.
Perth-based Legend Mining has entered an agreement for the $17.5 million sale of its 90 per cent share in the Ngovayang iron ore project, in the Republic of Cameroon to Indian company Jindal Steel and Power.
US stocks have fallen modestly, ending the Dow's four-day streak of fresh records, as the Justice Department announced a record $US13 billion ($A13.91 billion) settlement over mortgage securities with JPMorgan Chase.
