US stocks have edged down as early support from a rally in China faded, with lower oil prices and disappointing earnings signals from firms including Halliburton and Hasbro helping pull the market lower.
Oil futures changed little after paring earlier losses, despite Saudi Arabia's pledge to raise crude production to a record high, two weeks before US sanctions potentially choke off Iranian supplies.
The environmental watchdog has recommended approval of a second waste-to-energy plant in southern Perth, just days after a Macquarie Capital consortium announced it would start construction this month on a similar facility.
The Channel 7 Telethon Trust achieved another fundraising record over the weekend, raising $38 million for medical research, but its success has not been shared across the charity sector, with Variety WA’s Carols by Candlelight the latest of several events to be cancelled due to a lack of financial support.
Clive Palmer has launched legal action against CITIC over environmental rehabilitation funds for the massive Sino Iron project in WA, just days after his estranged Chinese joint venture partner started separate litigation.
The Royal Automobile Club of WA has invested in Sydney-based Chargefox’s $15 million rollout of electric vehicle charging stations across Australia, which includes two in Perth.
SPECIAL REPORT: The state’s agriculture sector has been ruffled by falling exports and revenues, coupled with growing animal welfare concerns and international competition.
SPECIAL REPORT: Gold Corporation, Alcoa, Roy Hill and Chevron have all posted higher revenue numbers in Business News’ annual analysis of WA’s biggest exporters.
Woodside Petroleum has signed a cooperation agreement with Chinese gas company ENN, while it is continuing work on the Scarborough, Browse and Pluto projects.
Former Marketforce executives John Driscoll and Angela Nutton have jointly established a new media buying and consulting group, adding to changes in Perth’s advertising market.
GR Engineering Services has secured a $US17.6 million contract ($25 million) to design and build a processing plant for Strandline Resources’ Fungoni mineral sands project in Tanzania.
Nickel producer Western Areas has given the green light to develop its Odysseus project following completion of a definitive feasibility study, which detailed a capital cost of $299 million.
The Environmental Protection Authority will receive a $3.3 million funding boost to deal with a recent spike in proposals in Western Australia, with the government also announcing plans for a scheme to allow the outsourcing of some assessments.
Helix Resources is pleased to announce the completion of a placement to raise $0.9m via the issue of 30,000,000 at the last market close price of 3 cents.
Kidman Resources says development of its planned Kwinana lithium refinery and Mt Holland project near Southern Cross will cost up to $US755 million ($1.06 billion) and generate about 700 jobs.
The Australian share market has dropped at the open, with Wall Street proving a poor ballast as uncertainty swirls in the wake of the Wentworth byelection.
The US benchmark S&P 500 stock index has closed a touch lower as strong earnings from Procter & Gamble Co were offset by ongoing concerns about rising interest rates and tensions over trade policy denting economic growth.
Oil prices have risen on signs of surging demand in China, the world's number two oil consumer, although prices were headed for a second weekly decline on swelling US inventories and concern that trade wars were curbing economic activity.
A new technology being tested across a range of fruit and vegetable industries is keeping food mould-free, and has the potential to reduce waste and increase yield.
Tourism Minister Paul Papalia says an international campaign promoting driving holidays in Western Australia launched today by the state government will encourage visitation to the state.
PODCAST: In this podcast Mark Pownall and Mark Beyer discuss waste-to-energy development, Port Hedland property, Airbnb regulations, unemployment, tech listings, and our special report on WA's biggest exporters.
