ANNIVERSARY SPECIAL: The ranks of WA’s largest public companies have changed dramatically over the past two decades, but Wesfarmers has been a constant near the top. This article is part of a special series to mark Business News' 25-year anniversary.
The S&P 500 ended higher after a brutal two-day sell-off, led by a rebound in energy and technology shares, but the market faltered toward the session's end as Apple shares surrendered gains ahead of the Thanksgiving holiday.
Oil prices rose about $US1 a barrel a barrel overnight, bouncing from the lowest levels in months, after US government data showed strong demand for refined fuel, but concerns remained over rising global crude supply.
Gold prices have risen to a two-week high as the dollar slipped, with uncertainty on the pace of interest rate hikes by the US Federal Reserve also supporting the metal.
A late rally from banking and health care helped lift the Australian share market off a near two-year low but commodity-related stocks and tech shares weighed heavily.
Bunbury telco CipherTel has won two more state government grants to provide high-quality broadband access to rural areas not adequately serviced by the National Broadband Network, this time in the Kimberley.
Zenith Energy has amended its power purchase agreement with Northern Star Resources to add a further 6-megawatts to its power station at the Jundee gold mine.
Shares in robotics company FBR have fallen nearly 13 per cent today, after more than 40 per cent of shares were voted against both the remuneration report and performance rights plan at the Perth-based company’s annual meeting.
Perth-based Steve Willis has been appointed acting chief executive of Millennium Services Group after his predecessor, Craig Hanley, became the sixth director to leave the national security and cleaning company over the past two months.
Vikas Rambal’s Perdaman Industries has signed up Canadian engineering company SNC Lavalin as lead contractor on its $4 billion Karratha urea project, one day after announcing a gas supply deal with Woodside Petroleum.
The inquiry into the operations of the City of Perth commenced public hearings today after highlighting a number of serious matters worthy of ongoing scrutiny and concerns over endemic, flawed cultural practices.
A new report shows construction work in Western Australia has increased for the first time in five years, while warning that local industry must future-proof itself from capacity and capability risks.
The expansion plans that Woodside has announced this year will make a major contribution to Western Australia’s economic and energy security for decades to come.
The Western Australian mining landscape continues to significantly change, and Roy Hill believes collaboration and enabling staff to realise their potential is key to successfully adopting innovative ideas and techniques to remain commercially competitive.
Coles shares have floated on the Australian Securities Exchange at $12.49, with Wesfarmers' price adjusting in early trade without the supermarket giant in its stable.
ANNIVERSARY SPECIAL: Disease management has undergone major advancements since the 1990s, meaning various industries must now cater for healthy older customers. This article is part of a special series to mark Business News' 25-year anniversary.
ANNIVERSARY SPECIAL: Aged-care businesses are adapting to changing market trends that have arisen in the past 25 years, including a booming in-home care sector driven by Australia’s ageing society. This article is part of a special series to mark Business News' 25-year anniversary.
The Australian share market has dived to near two-year lows amid a global stock sell-off, with energy and mining stocks bleeding red and the banks also suffering in early trade.
Gold prices edged downward as investors flocked to the dollar and US government bonds amid steep declines in global stock markets, denting appeal for non-interest bearing bullion.
US stocks have extended their recent sell-off, with the S&P 500 hitting a three-week low, as energy shares dropped with oil prices and retailers including Target and Kohl's sank after weak earnings and forecasts.
Oil prices have tumbled about seven per cent, with US crude plunging to its lowest level in more than a year, caught in a broader Wall Street sell-off that was fed by rising concerns about slowing global economic growth.
A late rally from banking stocks kept the Australian share market from the doldrums reached in October, but broad-based losses still dragged the indices lower with local tech stocks following the fortunes of US counterparts.
Woodside Petroleum has struck a revised deal with the City of Karratha to build a 604-bed workers camp, but the planning approval time-frame for the project remains uncertain.
RCR Tomlinson has been served with a shareholder class action, as the engineering contractor requested a one week extension to its suspension from the ASX while it seeks to clarify its earnings outlook and funding requirements.
The Laugh Resort Comedy Club will return to regular programming tomorrow night as it presents a sold-out opening show at a purpose-built venue within The Shoe Bar & Café, Yagan Square.
