Fortescue Metals Group has recorded a 5 per cent rise in iron-ore shipments for the December quarter, as it positions itself to increase output of a new higher-grade product.
Australian shares are up at the start of trade, with the big miners and energy companies leading the way thanks to a continued rise in iron ore and oil prices.
Oil prices have risen after US government data showed signs of tightening supply and investors remained concerned about supply disruptions following US sanctions on Venezuela's oil industry.
Gold has inched lower but stayed close to its highest in more than eight months as the US dollar ticked up on better-than-expected US private-sector jobs data and investors waited to hear about the Federal Reserve's decision on monetary policy.
US stocks have surged after the Federal Reserve said it would be patient in lifting borrowing costs further this year, reassuring investors worried about a slowing economy.
The Supreme Court has this week dismissed two separate appeals, by manufacturer Best Bar Reinforcements and a Harvey Norman franchisee, finding both companies were liable for workplace incidents.
There are doubts Chinese government-owned telecommunications giant Huawei will be able to deliver a $136 million contract for Perth’s rail network, after the United States brought criminal charges against the company.
Australian Gas Infrastructure Group has announced it is expanding its Tubridgi gas storage facility near Onslow in the north-west of Western Australia.
Perth’s subdued inflation rate has continued, coming in at just 1.3 per cent in 2018, trailing only Darwin for the lowest price increase out of Australia’s eight capital cities.
A new collaboration between Perth Festival’s Writers Week and The Literature Centre is promising to expand the centre’s audience reach to an adult demographic.
Women accounted for 29.7 per cent of ASX200 board members by the end of last year, an increase of more than 10 percentage points since the Australian Institute of Company Directors in 2015 called for ASX200 companies to achieve 30 per cent female representation on boards by the conclusion of 2018.
West Perth-based ClearVue Technologies has launched the first commercial trial of its photovoltaic solar panel, with the glass structure installed at Warwick Grove shopping centre.
Malaysian property investment group YTL Corporation has added to its Perth portfolio, with one of its subsidiaries acquiring The Westin Perth from BGC Australia in a deal understood to be worth around $200 million.
Oil prices have gained more than two per cent after the United States imposed sanctions on state-owned Venezuelan oil company PDVSA, a move likely to reduce the OPEC member's crude exports and relieve some global oversupply worries.
Gold has jumped to its highest in more than eight-months, on doubts surrounding US-China trade relations and ahead of a Federal Reserve meeting with increasing expectations for a pause to the central bank's rate hike trajectory.
Wall Street has been mixed, with technology shares dipping before Apple's quarterly report while a rebound in 3M and other industrials elevated the Dow Jones Industrial Average.
With 1100 staff across Australia, annual revenue nudging $200 million and more growth on the way, Perth-based Kinetic IT is a good case study for privately-owned companies.
The International Cricket Council has overlooked Perth Stadium to host a finals fixture when the women's and men's Twenty20 World Cups are staged next year, on the same day the state government announced the stadium is a key part of its tourism strategy.
Marine services company TAMS Group has been awarded the tender for the replacement of Berth 3 deck and fender in Port Hedland six months after previous contractor York Civil went into administration.
Unique Metal Works is set to double in size after striking a deal with the administrators of RCR Tomlinson to purchase its laser business, which employs about 200 people.
Tech millionaire Eugeni “Zhenya” Tsvetnenko was denied bail this morning at the Perth Magistrates Court after being arrested on fraud charges in the United States.
Prominent Western Australians, including the late Stan Perron, Peter Botten, John Atkins, and Michael Fitzpatrick have been recognised for their service to the business community at this year’s Australia Day Honours.
