Red Wings reward Babcock for winning Stanley Cup (AP)
AP - Mike Babcock's new contract allows the oldest of his three children to graduate from the same high school she's attending. And if all goes well with the Detroit Red Wings over the next three years, Babcock's younger two kids likely will get the same opportunity.
Australian merchant bank Babcock and Brown faces lenders
Babcock & Brown Ltd., Australia's second-largest merchant bank that last week lost half its market value, is accelerating an examination of its listed funds as it faces its bankers over a potential review of its 2.8 billion Australian dollars (US$2.7 billion) corporate debt facility. 
Babcock plunges further
Babcock & Brown, Australia's second-largest investment bank, plunged further, falling almost a third in early trading.
Orica to demerge consumer products
Orica Ltd plans to demerge its consumer products business into a separate company and raise up to $900 million through an entitlement offer.
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.
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...
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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Rio Tinto well placed for rising demand
Rio Tinto says it is well placed to take advantage of an expected doubling in global demand for its metals and minerals by 2022.
Rio Tinto spins iron ore deal into bid defense (Reuters)
Reuters - Shares in global miner Rio Tinto gained over 1 percent on Tuesday after it won a huge price rise for iron ore shipped to China, giving it a chance to trumpet its defense against a $163 billion takeover bid.
Santos dodges takeover talk
Santos says it is in the early stages of considering "various strategic initiative", in response to a query from the Australian Securities Exchange (ASX).
Qantas won't bow to striking engineers
Chief executive Geoff Dixon vows to "wait this one out'', as Qantas engineers stop work.
05/29/08
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Santos sells LNG stake for $2.6b
SANTOS will fill its coffers with $US2.5 billion ($2.6 billion) after it yesterday agreed to sell a 40 per cent interest in its $7.7 billion Gladstone liquefied natural gas...
Rio Tinto unveils Sulawesi resource
Mining giant Rio Tinto has unveiled a 162 million tonne resource at its Sulawesi nickel project in Indonesia, as a legal stoush brews over the venture.
Babcock to stick with external oversight
THE Babcock & Brown chief executive, Phil Green, gave every impression yesterday that he had listened to investors' fundamental concerns as he launched a review of listed...
Babcock satellite's voyage in the rough
Babcock & Brown's leveraged infrastructure model is bound to come under further pressure this week following Friday's dramatic events in satellite group Babcock & Brown Power.
Santos predicts scramble for gas
Gas demand in eastern Australia may more than double in the next decade, leading to a rise in prices, says Santos.
Fairfax moves to unwind margin loan
THE Fairfax Media director John B. Fairfax has unwound a margin loan over 159 million of the publisher's shares, which was believed to have prompted short-sellers to target the stock over recent weeks.
Woolworths shares dive to all-time low after warning of 'marked' downturn
Woolworths had a day to forget yesterday, when it posted a profit warning, revealed dire recent trading, and tore up plans to sell its £200m stake in DVD publisher 2 entertain.
Babcock pledges cash for B&B Power
Babcock & Brown is prepared to help Babcock & Brown Power with funding if the banks don't.
Telstra's T3 investors get their just...
With the final T3 instalment payments due within days, the end of government ownership of the telco is imminent.
Professor Bartolomeu dos Santos:...
Bartolomeu dos Santos was always proudly Portuguese, and he came to be proudly Anglophile too; he made his career in England without losing any of his Portuguese roots. He...
Crown drops casino project in Las Vegas
Gaming company Crown has dumped its Crown Las Vegas joint-venture casino resort development in the United States because of tight credit market conditions.
Telstra shouldn't build, operate network
Optus boss Paul O'Sullivan says Telstra must accept the separation of its network and retail business if it is going to build a national broadband network.
Tabcorp applies for NT wagering licence
Tabcorp Holdings says it has lodged an application with the NT government for a racing and sports wagering licence.
Woodside's Mauritania bribe claims end
Energy producer Woodside Petroleum Ltd says it has been cleared of allegations of bribing an official while operating in the African nation of Mauritania.
Rio Tinto's Copper-Bottomed Ship Came In
Kennecott unit massively upgrades mine's value.