QBE Group expects the asset sales and equity raising to improve the quality and flexibility of its balance sheet and help lift the company's performance.
US stocks have rebounded from last week's Ukraine-linked setback as fears of a clash with Russia ebb, with the Dow surging 1.1 per cent and Nasdaq reaching a 14-year high.
The Department of Transport has begun shifting into its new headquarters in Innaloo after Georgiou Group completed the construction works two months ahead of schedule.
The Australian share market has closed modestly higher as investors look ahead to earnings results from global miner BHP Billiton and a dividend from the Commonwealth Bank on Tuesday.
Iron ore prices may have softened significantly from about $US130 a tonne during the past year, but that has not stopped local miners ramping up exports.
FEATURE: Established wineries are setting their sights on longer-term goals as the sector recovers from the issues of the past decade, and faces new challenges.
KeepSafe Storage is beefing up its offering, recently beginning construction of an $8.5 million facility in O'Connor and unveiling plans for a $9.5 million development in Balcatta.
Perth-based mining equipment supplier Emeco Holdings has secured an agreement with Chilean mining contractor Fe Grande, which is expected to generate between $27 million and $32 million in revenue per year.
The Environmental Protection Authority has given conditional approval to Northern Minerals for its Browns Range project, located 160 kilometres south-east of Halls Creek.
West Perth explorer Azure Minerals has entered into a joint venture agreement with Kennecott Exploration, part of mining giant Rio Tinto, to explore for copper at its Promontorio project in Mexico.
Oil and gas exploration company Carnarvon Petroleum has announced a major oil discovery on the North-West Shelf, which it claims represents the largest in Australia for 30 years.
Property developer Stockland has lifted its full-year profit five fold, due to improvements in the property market and the impact of a major writedown in its previous result.
Gold prices fell to the lowest level in nearly two weeks on Friday as signs of health in the US economy outweighed news of a skirmish near the Ukraine-Russia border.
A flare-up in tensions in Ukraine threatened to derail the climb in US stock markets, but traders finally dismissed geopolitics to deliver another week of gains on Wall Street.