Business executives around the world have become much more gloomy about the global economy as the eurozone crisis pounds on, according to a new survey by McKinsey & Co.
South Boulder Mines has announced a plan to raise $9.5 million from North American investors to fund the development of its Colluli potash project in Eritrea.
The Australian share market has closed lower as investors fear that the European debt crisis may worsen unless European leaders take decisive action at a summit later this week.
Hilton Worldwide has announced it will build a $65 million hotel in Karratha to service increased demand from both the mining sector and the local community.
The number of online orders to Australian businesses increased by almost a third during the 2010-2011 financial year, speaking volumes on the growing importance of internet sales.
Unless we have entered a parallel universe where economic forces work in reverse there really is only one way for the Australian dollar, and Perth property prices to go, and that is up.
Fortescue Metals Group chairman Andrew Forrest has increased his stake in the iron ore miner to just over 32 per cent, contrary to market speculation he was set to tip nearly $300 million into the
Gina Rinehart, Lachlan Murdoch and James Packer have increased their number of Ten Network shares by investing millions of dollars in the media company's recent fund raising venture.
Rialto Energy has appointed global engineering, fabrication and construction specialist Petrofac to perform front end engineering and design for its Gazelle oil and gas field off the coast of Cote
Mining magnate Gina Rinehart says her company Hancock Prospecting may sell its interest in Fairfax Media if "suitable conditions" aren't offered to it.
US stocks tumbled Monday as Europe's leaders appeared still-divided on how they will address their crisis in the coming crunch summit for the eurozone.
Perth-based renewable energy firm Green Rock has won $5.38 million in state government funding to put towards the development of its Mid West geothermal power project.
Struggling surfwear retailer Billabong International is expected to fend off more takeover bids after its share price dived to its lowest level on record.
The Australian share market closed lower as investors expect a summit of European Union leaders this week to achieve little in solving the euro zone's ongoing problems.
Billionaire Kerry Stokes' positioning for a possible bid for Consolidated Media Holdings was most likely serious but unlikely to succeed, analysts say.
