BHP Billiton raises hostile bid for Rio to 147.4 bln dlrs (AFP)
AFP - BHP Billiton sweetened its hostile takeover bid for Rio Tinto on Wednesday by lifting its valuation of the mining giant to 147.4 billion dollars as it seeks to exploit a resources boom driven by China.
BHP Billiton raises hostile bid for Rio to 147.4 bln dlrs (AFP)
AFP - BHP Billiton sweetened its hostile takeover bid for Rio Tinto on Wednesday by lifting its valuation of the mining giant to 147.4 billion dollars as it seeks to exploit a resources boom driven by China. 
Babcock & Brown forecasts 15% growth
Babcock & Brown has forecast annual profit growth of at least 15 per cent in 2008 after it posted a large rise in 2007 annual profit.
Rio Tinto set for iron ore price rise
Rio Tinto says it is in a strong position to achieve a premium price for its iron ore from Chinese steelmakers.
Rio Tinto: We don't need BHP
Rio Tinto has said it is still dismissive of the $135 billion all-stock hostile takeover bid by BHP Billiton and that it is doing fine on its own.
ASX buoyed by earnings results
The Australian share market closed firmly in the black as solid earnings results from Telstra, Qantas, Fairfax and other major companies.
02/21/08
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Telstra dials up $1.9b profit
Telstra has increased its first half profit by 13 per cent and raised its guidance for full year revenue and earnings.
Woolworths on track for FY sales growth
Higher food prices and growing market share have helped Australia's biggest retailer, Woolworths, to deliver better-than-expected third quarter sales.
China, US aluminum giants buy into Rio Tinto (AFP)
AFP - Chinese aluminium giant Chinalco said Friday it and US peer Alcoa have bought a 12-percent stake in Anglo-Australian miner Rio Tinto, setting up a possible takeover tussle with rival BHP Billiton.
Alcoa, Chalco buy Rio Tinto stake (AP)
AP - Alcoa Inc. and Aluminum Corp. of China jointly acquired 12 percent of the shares of global mining company Rio Tinto PLC in a deal believed to be worth $14.05 billion, the companies said Friday. 
BHP Billiton executives say Rio Tinto...
A BHP Billiton Ltd. executive said the world's largest miner will submit its first paperwork with European Union regulators regarding its planned takeover of rival Rio Tinto...
GPT operating profit up
GPT Group has reported a 14.5 per cent fall in annual earnings and says it expects to maintain distributions in 2008, given challenging market conditions.
02/27/08
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Telstra dazzles with bumper profit
Telstra has reported a bumper 13 per cent lift in first half profit, surprising investors who lifted its shares by two per cent.
BHP and Rio Tinto lead market higher
The Australian sharemarket closed higher yesterday, boosted by strong rises in global miners BHP Billiton and Rio Tinto.
Shares of BHP Billiton, Rio Tinto...
Shares of BHP Billiton Ltd. and Rio Tinto Ltd. surged in Australia on Wednesday as fresh rumors swirled around the two companies linked by what could be the largest takeover...
Crown casinos continue to expand in US
Casinos operator Crown is continuing to expand in the United States and says its Australian casinos are performing strongly.
BHP Billiton raises Rio Tinto takeover bid (AFP)
AFP - BHP Billiton sweetened its bid for Rio Tinto Wednesday, lifting its valuation of the mining giant to 147.4 billion dollars as it presses for a mega-takeover to exploit a resources boom driven by China.
Chinalco says has no plans to raise Rio Tinto stake (AFP)
AFP - China's state-owned Chinalco said Monday it had no plans to increase its stake in miner Rio Tinto after acquiring 12 percent of the London-listed arm of the company in a joint share raid with Alcoa Inc. 
Review: iASUS Concepts Mobile Amp
Like some other such devices, including Upbeat Audio’s Boosteroo Revolution, the pitch here is that you plug this in to the headphone port of your iPod, then turn your iPod...
BHP makes formal bid for Rio Tinto
Read full story for latest details.
Salary packages soar for Rio Tinto...
Rio Tinto chief executive Tom Albanese's total remuneration package rose almost fourfold last year to $US12.596 million.
BHP makes formal bid for Rio Tinto
Read full story for latest details.
Rio Tinto wants more China partnerships
Rio Tinto would like to work with Chinese state firms to develop mining projects around the world, chief executive Tom Albanese says.
Wesfarmers shares rebound after...
Wesfarmers shares rebound as retailer says its outlook remains positive.