Mining giant Rio Tinto looks set to achieve its annual iron ore shipment target after posting a 17 per cent jump in shipments during the September quarter.
The Australian dollar is back above 73 US cents, after higher-than-expected US core inflation data and speculation that the European Central Bank could bolster its quantitative easing program.
Gold prices have fallen after reaching a three and a half month high on Thursday as a stronger-than-expected reading of US inflation drove the dollar index.
Oil prices have fallen for the fourth straight day as the United States reported an increase in already high crude-oil stockpiles, adding to concerns about the global oversupply.
The Australian share market has made modest gains on expectations that weak economic data from the US and disappointing jobs numbers in Australia will keep interest rates low.
Trucking company CTI Logistics has entered a sale and leaseback deal for its Bibra Lake warehouse facility, with Investec Australia Property Fund paying $26 million for the site.
Perth company Metals X has made a surprise takeover offer for embattled copper miner Aditya Birla Minerals, in a bid which values the target at about $86 million.
The proponent of one of Perth's three waste-to-energy plants is hopeful more local councils will commit to diverting waste from landfill towards the $400 million project, following a contractual agreement with a group of long-term supporters.
Gas, tuna, and crayfish might not seem to have a clear connection, but there is a link – and it's one Jeff Kennett thinks might become a worry for local supermarkets and promoters of Australian food exports to Asia.
Perth's tallest hotel, Crown Towers, is on track to be completed by December next year, with Crown Resorts chief executive Barry Felstead staking the claim it will be the best resort in Australia w
Perth-based vehicle retailer Automotive Holdings Group has announced plans to acquire distribution rights for Higer buses in Australia off the current distributor, which is in administration.
The unemployment rate in Western Australia was unchanged at 6.1 per cent in September, however it disguised a fall in employment as the number of people working fell by over 9,000 during the month.
Grain handler CBH Group has welcomed a report from the competition watchdog, which has expressed concern about the impact of the proposed $12 billion takeover of freight logistics company Asciano by Brookfield Infrastructure.
Copper miner Metallum is selling its Chilean assets and restructuring its board, after determining that it wouldn't be viable to restart operations at the El Roble project in the short or medium term.
Woodside Petroleum has fine-tuned its project portfolio as it deals with the impact of weak oil prices, selling one of its mature assets, deferring a new oil field development but proceeding with evaluation of another new development.
The state government has engaged former minister Cheryl Edwardes and former Chamber of Commerce and Industry of WA chief executive John Langoulant to lead a review of the 11 state training provider
