AAP

The share market has started the week on a negative note due to falls by the big banks.

Network Ten has been the unloved step-sister of Australian TV in recent years but a string of would-be fairy godmothers are lining up to give the struggling broadcaster a Cinderella-like makeover.

Crown Resorts chairman James Packer has appointed banker Robert Rankin to oversee his multi-billion-dollar investment portfolio.

Mount Gibson Iron has cut its sales guidance and warned that repair works at its Koolan Island mine might take three months and cost up to $10 million.

The Australian share market has opened weaker as profit taking dents banking stocks.

Telco groups Vocus and Amcom will open their books to each other as they consider a possible $1 billion tie-up.

From Saturday, November 8:

The Australian dollar has surged more than one US cent higher on the back of disappointing US employment data.

Gold prices have notched their sharpest gain in nearly five months after data showing weaker-than-expected October jobs growth spurred investors to close out bets against the precious metal.

The Australian share market has closed higher despite two of the major banks going ex-dividend.

Sellers in Perth's prestige property market could be forced to drop their prices next year as commodity prices continue to weaken.

Westfield's shopping centres owner Scentre Group has sold Singapore's sovereign wealth fund GIC a 49 per cent stake in five New Zealand centres worth a total $NZ2.1 billion ($A1.96 billion).

Jobseekers looking for encouraging news in the Reserve Bank of Australia's latest assessment of the economy will be disappointed.

Construction workers plan to protest outside the Federal Court in Perth today as dozens of their colleagues face big fines for downing tools to attend a rally.

The Australian share market has opened slightly higher on positive leads from Wall Street but it's under pressure as two major banks go ex-dividend.

The Dow and S&P 500 has closed at new record highs for the second day in a row as US investors look ahead to Friday's jobs report.

The Australian dollar is lower amid further worries about weak economic growth in Europe.

Oil prices have fallen after OPEC, supplier of a third of the world's crude, cut its longer-term production forecasts in the face of rising North American shale output.

Gold has sunk to a fresh four-and-a-half-year low as brighter US economic data bolsters the US dollar and European Central Bank President Mario Draghi hinted at a more aggressive stimulus program.

Australia's junior iron ore producers are under renewed pressure as the price of the steel-making commodity fell to a fresh five-year low.

The Australian share market has closed lower after weaker than expected unemployment figures wiped out earlier gains.

Australia's unemployment rate was at a near 12-year high in October but, on the plus side, economists are rebuilding their faith in the accuracy of the figures.

The Australian share market has opened higher after US markets hit new highs.

The Dow and S&P 500 have both closed at fresh records after the Republicans took power in both US Houses of Congress and lifted hopes for pro-business policies.

US oil futures have sharply rebounded from the prior day's dive after the US petroleum inventories report showed a smaller-than-expected increase in crude oil supplies.

The Australian dollar has fallen to a four-year low after the Republican win in the US midterm elections and as metal prices continue to slide.

Gold and silver prices have sunk to four-and-a-half-year lows, weighed down by a soaring US dollar and expectations of more stimulus from the world's largest economies.

Australian shares are slightly lower as investor caution weighs on some of the nation's biggest stocks.

Takeover target Transfield Services has upgraded its annual earnings guidance as it continues talks with Spanish predator Ferrovial.

BHP Billiton will start exporting oil out of the US, a practice banned since the 1970s oil crisis.

Engineering firm Downer EDI has lifted its full year profit target despite uncertainty around some of its major mining customers.

Sales at Westfield shopping centres in Australia and New Zealand have increased.