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US stocks have dropped despite solid economic data in a decline analysts attributed to profit taking and the ongoing Sunni insurgent attacks in Iraq.

Media reports suggesting BHP Billiton is set to slash 3,000 positions from its workforce are inaccurate, Premier Colin Barnett says.

The share market has fallen in a subdued day of trade, with no economic data to influence investors and flat leads from overseas markets.

Cradle Resources has tapped the investors to raise $3.6 million, while also receiving the first $US5 million tranche of payment as part of its divestment of a 50 per cent stake in its Panda Hill niobium project in Tanzania to Tremont Investments.

I tend to think of competition policy a bit like defence: it requires eternal vigilance and strong proponents. There will always be those with a large interest in its absence, to the detriment of the many.

Ramelius Resources has outlined plans to raise up to $8.6 million to fund the development of its Western Australian gold projects.

China Southern Airlines says it is open to increasing its presence in Western Australia as passenger numbers to and from the state continue to grow.

FEATURE: A WA company has proved its detractors among the local manufacturing sector wrong with its calculated growth plans.

FEATURE: A Subiaco based-company is using marine drones and its global remote monitoring system to deliver benefits for the offshore oil and gas industry.

Perth exploration firm Hannans Reward has entered into a joint venture agreement with Reed Resources for 20 per cent interest in its Lake Johnston nickel sulphide project west of Norseman.

Western Australia's aged care sector is preparing for major upheaval, including the entrance of investment-hungry private equity firms, as the most significant reforms in a generation take effect.

FEATURE: The state's premier oil and gas training institute has joined forces with Northern Territory-based Charles Darwin University in the search for a training provider to tackle a looming oil and gas skills shortage.

FEATURE: The writing was on the wall, and has been for more than a decade. Royal Dutch Shell's divestment of most of its 23 per cent stake in Woodside Petroleum last week surprised few in the business community.

Perth based hydrocarbon production firm Antares Energy has announced it intends to place 9.75 million convertible notes at an issue price of $2.00 per note to raise $19.5 million.

The share market has opened weaker following mixed leads overnight from overseas markets.

Australia needs to have a grown-up conversation about the GST if the states are expected to fulfil their responsibilities.

The Australian dollar remains above 94 US cents on the back of surprisingly strong Chinese manufacturing figures.

World oil prices have fallen as investors reassess a political crisis in Iraq that remains concerning but is yet to result in crude supply disruptions.

US stocks have finished little changed following mixed economic data as investors keep watch on continued unrest in major oil-producer Iraq.

Assertiveness is in when it comes to the ‘new' way of selling; but be careful the client doesn't perceive this as aggression.

Coalspur Mines has announced a major strategic review, including the potential sale of its flagship Vista project in Canada, or sale of the company as a whole.

The world's biggest economy is capitalising on cheaper energy and labour costs.

Australian Sandalwood producer TFS Corporation predicts it will generate exports of $1 billion over the next decade as its oil fetches $5,000 per kilogram overseas.

The tough federal budget has exacerbated already difficult market conditions for grocery wholesaler Metcash.

Former Rio Tinto executive Bob Vassie has today been announced as the incoming managing director of ASX-listed gold miner St Barbara.

The share market has posted solid gains as investors were buoyed by China's best manufacturing activity data in six months.

Perth innovation and design company Orbital Corporation has reached a settlement with AAI Corporation over a dispute relating to past contracts that resulted in AAI withholding payment on outstanding invoices.

Aquila Resources' share price has stabilised at just below its $3.40 per share takeover offer, indicating the market is backing Baosteel and Aurizon to succeed with their $1.4 billion takeover.

Perth gold exploration firm Enterprise Metals has completed a capital raising of $1.2 million, which was achieved through the placement of 24 million shares valued at 5 cents per share.

National residential developer Stockland has added to its Western Australian portfolio, acquiring two parcels of land totalling 65.7 hectares in two transactions worth a combined $58.1 million.

The Department of Mines and Petroleum has given the green light to Buru Energy's planned fracking program at a gas project in the Kimberley.

Perth-based Safety Medical Products is focusing its activities back in the medical sphere, signing an agreement to acquire an unlisted 3D printing company six months after backing out of a deal to purchase a gold exploration project in Brazil.