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European stock markets closed higher on Friday as investors took heart from the latest comments on the Greek debt crisis and positive US economic data, analysts said.

 The Australian dollar rose to a one-week high after encouraging US economic data and the delivery of a Greek bailout package looked more certain.

Monadelphous Engineering has become the fourth contractor to announce a framework agreement with Rio Tinto, giving it preferred contractor status for structural, mechanical and piping work as well

The Australian share market finished firmer at a one-month high on the back of fresh investor optimism sparked by a robust Wall Street overnight.

Australia's two most powerful supermarket players, Woolworths and Coles, have increased their dominance on a global scale after being named among the top 21 retailers in the world.

ANZ Bank has hinted at further interest rate rises, despite its stronger than expected $1.48 billion first quarter profit.

Engineering group LogiCamms has won an $8 million contract to provide maintenance services on Chevron’s Gorgon LNG project.

Protesters who set up an Aboriginal tent embassy in Perth have vowed to stay after ripping up a council move-on notice.

Employment forecasts underpinning the government's November fiscal update are slipping out of reach.

Excelsior Gold has completed a $4.8 million capital raising to fund the development of its Kalgoorlie North gold project.

Wine supplier Treasury Wine Estates wants to produce more luxury wines and boost its presence in the fast-growing Chinese market.

Former Labor government minister and assistant police commissioner Bob Kucera looks set to make a political comeback.

Perseus Mining has returned to profitability, bouncing back $13.7 million into the black for the six months to December 31.

Treasury boss Martin Parkinson believes returning the federal budget to surplus is sensible, given the current state of the Australia economy.

The Australian share market has opened stronger, with investors bouyed by further signs the US economy is recovering and renewed hopes the Greek bailout deal will go ahead.

Industrial services company and takeover target Spotless has posted weaker first-half net profit of $16.5 million, down 5.2 per cent on the previous corresponding period.

The Australian dollar has risen almost one US cent on further signs the American economy is recovering and renewed hopes the Greek bailout deal will go ahead.

US stocks have surged to their highest close of the year.

The Australian dollar is almost one US cent lower amid uncertainty over a planned bailout package for Greece.

The state’s peak real estate body has scoffed at claims of a rental crisis in Perth, with its latest research showing the vacancy rate for rental properties steady at 2.5 per cent.

Forge Group has posted a steady profit for the half year ended December 31, pulling in $21.3 million after tax.

The Australian share market was dragged lower by renewed concerns that Greece is heading towards default and a weak lead from Wall Street while lower commodity prices weighed on mining stocks.

Mermaid Marine has reported a 35 per cent increase in net profit for the six months to December 31, driven by an “exceptional performance” by the company’s Australian fleet.

Perth companies Arafura Resources and Raisama have both slashed the size of their board of directors, in order to cut costs as they continue long-running negotiations over the funding and developme

Three former directors of national whitegoods distributor Kleenmaid have been charged with defrauding a bank of $13 million.

The resources boom is unlikely to derail other industries in Australia, according to Reserve Bank of Australia deputy governor Philip Lowe.

IronClad Mining has announced a further $3 million capital raising to fund the development of the Wilcherry Hill iron ore project in South Australia.

Alcoa joint venture partner Alumina has rejected claims that the carbon tax is the main factor behind the stalled expansion of the Wagerup alumina refinery in Western Australia, saying th

Billabong shares have been placed in a trading halt amid reports it received a $A776 million takeover bid from US private equity giant TPG.

Australian oil and gas salaries are the highest in the world according to a survey compiled by Hays Oil and Gas and Oil and Gas Job Search.

Almost a third of Australia's accounting and finance firms intend hiring new staff.