Engineering group WorleyParsons is seeking to raise $322 million to fund the acquisition of AFW UK Oil & Gas, which provides services to the oil and gas sector in the UK.
The Australian share market has started the week higher, seemingly shrugging off last week's slightly lower close on Wall Street and renewed worries over North Korea.
Plan for reboot of GST carve-upThe nation’s key economic adviser will call for reform of GST payments to the states and territories in a report to be released today tha
Oil futures fell more than two per cent on Friday, ending Brent crude's longest multi-week rally in 16 months as oversupply concerns reappeared as producers have started hedging future drilling.
Gold bounced up from a two-month low on Friday, on concerns stoked by a Russian report that North Korea is preparing to test a long-range missile and on support from the U.S. dollar's shift into negative territory.
The Australian share market has closed higher, boosted by the mining, energy and banking sectors, ahead of key market-moving US jobs data due overnight.
Fatal failings at Fiona Stanley still to be fixedThe State Coroner has found “systemic failures” at Fiona Stanley Hospital that resulted in the “preventable” death of a
Oil prices have risen about 2 per cent as signs Saudi Arabia and Russia will limit production through next year pushed the US benchmark back above $US50 a barrel.
The dollar index rose to a 2-1/2-month high after data showed the US trade deficit narrowed in August as exports of goods and services rose to a more than 2-1/2-year high, while jobless claims fell more than expected.
The share market has closed flat as banks continued their recent declines, Qantas hit new highs and the the major iron ore companies managed minor gains.
Lib split on goldPressure is mounting on Opposition Leader Mike Nahan to decide where he stands on the State Government’s gold royalty increase after his deputy Liza Ha
The Australian dollar is a little lower against its US counterpart which has pared losses after data showed that US service sector growth had accelerated which could lead to a December interest rate rise.
The share market has fallen for a second straight session as international investors sold shares on concerns about a weaker outlook for the Australian dollar.
Risk kills NW power accessRegional electricity provider Horizon Power refused to allow private energy giant Alinta to access its network because a proposed deal would h
Oil prices have dipped as speculators took profits for a second day after big third-quarter gains and on concerns that higher prices might spur increased US shale production.
The Reserve Bank of Australia has held the official interest rate at 1.5 per cent and maintained its forecast of a gradual improvement in economic growth in the year ahead.
Gold royalty rise to cost 3,000 jobs: lobbyAlmost 3000 jobs would disappear if the West Australian Labor government implemented its controversial plan to increase gold
Oil has fallen more than $US1 a barrel as a rise in US drilling and higher OPEC output put the brakes on a rally that helped prices notch their biggest third-quarter gain in 13 years.
Gold has fallen to its lowest in nearly seven weeks as rising US Treasury yields pushes the US dollar higher while concern over violence during Catalonia's independence vote at the weekend weighed on the euro.
The Australian share market has closed higher after investors started the new quarter in a bullish mood following a positive lead from the US and encouraging economic data from China.