US stocks markets burst back to life on Monday, with the major indices boosted by suggestions that Europe's leaders may have a plan to get their arms round the continent's long-running debt crisis.
Gold explorer Alchemy Resources has elected a new board of directors headed by former Independence Group director Oscar Aamodt, after the previous board resigned en masse on Friday.
The Australian Petroleum Production and Exploration Association has elected Santos’ David Knox as chairman and Woodside Energy’s Rob Cole as vice chairman for the coming financial year.
Malaga’s Hertel Modern has won a three-year, $90 million contract to provide paint, insulation and fireproofing services on Chevron’s Gorgon liquefied natural gas development.
The Australian share market ended its recent losing streak with firm gains on Monday as hopes mounted that European leaders were closer to finding a solution to the region's debt crisis.
Property Council of Australia president Darren Steinberg will take the top job at Dexus Property Group when chief executive Victor Hoog Antink retires in March.
Japan's Inpex concedes the cost estimate for its Ichthys liquefied natural gas project (LNG) in the Timor Sea needs to be updated after its joint venture partner flagged a 30 per cent blowout.
Shares in Gindalbie Metals and Royal Resources rose after the iron ore firms settled a project acquisition deal that had been held up by a legal claim.
Planning Minister John Day has appointed Department of Planning and Infrastructure director general Eric Lumsden as the inaugural chairman of the Metropolitan Redevelopment Authority (MRA).
Trade Minister Craig Emerson believes it is important to return the federal budget back to surplus so there's room for the Reserve Bank of Australia (RBA) to cut interest rates again if needed.
Opposition Leader Tony Abbott says tough cuts would not be needed in the federal government's mid-year budget review if Labor had not wasted billions of taxpayers' dollars.
Qantas Airwas shares increased from a seven week low today, despite the airline forecasting a fall in first half underlying profit of up to 66 per cent.
Engineering company Norfolk Group has signed an $82 million contract with BHP Billiton for work on rail signalling systems in the Pilbara region of Western Australia.
Rio Tinto has maintained its faith in Chinese growth by raising its Pilbara iron ore production target, even though it admits customers are becoming increasingly cautious about the world economy.
The Australian dollar has opened slightly higher, on talk of a possible bailout solution for eurozone countries, after a week of increasing fears for the European currency.
Germany is facing mounting pressure to let the European Central Bank (ECB) save the euro, as reports surfaced of IMF contingency bailout planning for a remodelled Italy.
Marylyn Paspaley’s Pinctada Hotels and Resorts has pulled out of its bid to develop a luxury hotel at Longreach Bay, a day after new data revealed a slump in visitors at the holiday destination.
Treasurer Wayne Swan may only need to do some modest tweaking to reach his promised budget surplus in 2012/13, the chief economist at the nation's biggest home lender says.
Sundance Resources' suitor Hanlong Mining has failed to secure a letter of confidence from China Development Bank for its $1.65 billion takeover of the iron ore explorer.
Telstra Corporation chief customer officer Gordon Ballantyne says the telco's plan to lift service standards and improve its standing among customers is on track.
The Australian sharemarket closed weaker for the sixth straight day, ending at a seven-week low, following losses on European markets overnight as investors grew impatient with a lack of action fro
Treasurer Wayne Swan says reports that China will allow direct trading of the Australian dollar against its currency on its foreign exchange market is another significant step of the bilateral rela
