Oil have risen amid volatile trading, bolstered by statements from major oil-producing countries suggesting that OPEC and non-OPEC supply cuts could be extended into 2018.
Gold prices have bounced off a seven-week low as safe-haven demand ebbs following pro-EU candidate Emmanuel Macron's victory in the French presidential election.
The Australian share market has snapped a four-day losing streak, after encouraging US jobs data, the election of pro-European centrist Emmanuel Macron as French president, and other factors buoyed investors.
Western Australian conglomerate Wesfarmers has paid tribute to its former chief executive John Bennison, who led the business as it transitioned from an agricultural cooperative to a listed industrial company.
Southern Cross Electrical Engineering, through its KSJV joint venture with energy service provider Kentech, has received over $30 million of additional orders under a subcontract with Bechtel.
Perth motorsport enthusiasts may soon have the opportunity to venture to Malaysia to watch V8 supercar racing, as the country seeks new opportunities after hosting what will be its final Formula One grand prix at Sepang later this year.
The first stage of an expansion plan to double capacity at the Wiluna gold project would cost about $25 million, according to a preliminary study undertaken by Blackham Resources.
PHOTO ESSAY: Workers from Ocean Grown Abalone will install 5,000 concrete habitats, or Abitats, at Augusta during the next 18 months as part of anexpansion of the company’s aquaculture business.
SPECIAL REPORT: The number of international students coming to Perth has grown strongly over the past four years, but WA is still underperforming, particularly in the university sector.
The balancing act that allowed Australia's big four banks to lift their combined first-half cash profit to $15.6 billion is getting more precarious, analysts say.
Prendiville Group has completed the fourth major redevelopment of a property in its portfolio in as many years, with East Fremantle’s historic Tradewinds Hotel having undergone a significant facelift.
The Harry Perkins Institute of Medical Research is on a major fundraising drive to bolster cardiovascular research in Western Australia, to further localise study of this major killer and head off a leakage in philanthropic donations to eastern states institutions.
Fairfax Media shares have jumped to a five-week high after the struggling company's board said it was considering an unsolicited $2.2 billion proposal to split up its businesses, while a reduction in television licence fees planned for the budget has boosted listed TV networks.
Macmahon Holdings has finalised documentation for what is a potentially transformational deal with Indonesia's PT Amman Mineral Nusa Tenggara, two months after announcing a heads of agreement in the midst of a hostile takeover battle.
The Australian share market has started the session strongly with investors returning to the market in force after Emmanuel Macron's election as French president and a rebound in US jobs growth.
Gold has pared its gains after data shows US job growth rebounded in April and stayed on track for its biggest weekly loss in six months as expectations for a US interest rate hike in June grew and eurozone political risk receded.
Oil prices have closed 1.5 per cent higher, rebounding from five-month lows, following positive US jobs data and assurances by Saudi Arabia that Russia is ready to join OPEC in extending supply cuts to reduce a persistent glut.
Woodside Petroleum managing director Peter Coleman has sketched out plans to convert the two LNG plants on the Burrup Peninsula into an integrated processing hub that would take gas from the Browse Basin and other undeveloped fields off the Western Australian coast.
The WA Independent Power Association has called for the state government to block a plan by public generator Synergy to set up a new renewable energy fund, while supporting a move to reduce Synergy’s capacity.
The share market has closed lower for a fourth consecutive session on the back of sliding commodity prices with an iron ore slump weighing on the local currency.
In this Business News podcast Mark Pownall and Mark Beyer discuss public sector overhaul, medical research funding, CityLink developments and our university sector.
Resources companies look set to get out their drill bits this year, with the number of exploration applications made to the state government up nearly 50 per cent in the March quarter compared to the same period in 2016.
Perth company AusCann Group Holdings has become the seventh applicant to gain regulatory approval to cultivate medicinal cannabis in Australia, with the news lifting its share price by 17 per cent today.
West Perth-based Liquefied Natural Gas has scored a tick from a US regulator for initial site work at its Magnolia project in Louisiana, although a final investment decision won't be made until it has finalised offtake partners.
