Rio Tinto to invest 2.15 bln dlrs in Brazil iron ore mine (AFP)
AFP - Anglo-Australian mining giant Rio Tinto announced Wednesday that it will invest 2.15 billion US dollars in a major expansion of its iron ore mine in Corumba, Brazil.
Rio Tinto to invest $2.15 bln in Brazil iron ore mine (AFP)
AFP - Anglo-Australian mining giant Rio Tinto announced Wednesday that it will invest 2.15 billion US dollars in a major expansion of its iron ore mine in Corumba, Brazil. 
Fortescue sets sail across the ditch
FORTESCUE METALS - the self-proclaimed "new force in iron ore" - is seeking to conquer new territory: New Zealand.
Qantas names new chief
Qantas names Alan Joyce, the head of its Jetstar offshoot, as chief executive of the airline group.
Qantas jet lands with gaping hole in...
AP - The 346 passengers were cruising at 29,000 feet Friday when an explosive bang shook the Qantas jumbo jet. The plane descended rapidly. Oxygen masks dropped from the ceiling...
National Australia Bank shares fall 10%
National Australia Bank shares have dropped 10 per cent after the bank announced an extra $830m loss on its exposure to US mortgage-backed debt securities.
Rio Tinto to buy ore from mine in WA
Rio Tinto has signed an agreement to purchase ore from a junior explorer as the mining giant seeks to prevent third parties gaining access to its railway in WA.
ASX beefs up supervisory department
After months of criticism that its commercial interests put it at odds with its enforcement role, ASX has named a new chairman for its market supervision department.
Qantas CEO retires, replaced by Jetstar CEO Joyce (Reuters)
Reuters - Qantas Airways Ltd Chief Executive named Alan Joyce as its new chief executive on Monday, with Geoff Dixon retiring after eight years heading Australia's largest airline.
Qantas Probe Focuses on Cylinder
Investigators suspect that an oxygen bottle exploded and punched a 9-foot-long hole in the fuselage of a Qantas jet. Now, Boeing is considering stepped-up inspections of such pressurized cylinders on some other Boeing 747 aircraft.
Orica's big bang demerger
Orica will spin off its consumer products division and raise up to $900 million through a rights issue.
Fortescue looking to bulk up quickly
FORTESCUE Metals Group is about to embark on its next stage of expansion, confident that demand for iron ore will remain strong for more than a decade, and signalling that its...
Downgrade likely for Qantas profit as...
QANTAS'S profit next year is expected to be slightly less than the $558 million investors had expected after the airline revealed that promised growth in flights would not occur.
Qantas shares rise marginally
Shares in Qantas rose marginally on Friday after the airline said it would cut 1,500 jobs from its workforce as it battles rising costs.
Qantas cuts 4 pct of workforce,...
Reuters - Australia's top airline, Qantas Airways
Ltd , will cut 4 percent of its workforce and scrap its
growth plan for the coming year, saying the business would be
at...
Gillard slams Telstra for ending EBA...
JESSE HOGAN AND CHRIS ZAPPONE The Workplace Relations Minister dismisses Telstra's rationale for ending talks with unions on collective agreements.
Qantas names Jetstar's Joyce to replace Dixon as CEO (Reuters)
Reuters - Qantas Airways Ltd said on Monday Alan Joyce will take over as chief executive, taking the baton from Geoff Dixon who steps down after a string of belt tightenings as world airlines battle soaring fuel bills.
Qantas jet lands with gaping hole in fuselage (AP)
AP - The 346 passengers were cruising at 29,000 feet Friday when an explosive bang shook the Qantas jumbo jet. The plane descended rapidly. Oxygen masks dropped from the ceiling as debris flew through the cabin from a hole that had suddenly appeared in the floor.
No gas for Pluto 2 project as...
WOODSIDE Petroleum will have to continue its search for gas to feed a proposed second production train at its $12 billion Pluto liquefied natural gas project after a potential...
Telstra gears up for ad blitzkrieg
TELSTRA'S outgoing brand chief and Sol Trujillo import, Bill Obermeier, will remain in Australia for at least two years to spearhead a "world leading" digital marketing venture...
Lend Lease to build eco-friendly schools
Lend Lease Corporation Ltd has achieved financial close to build two eco-friendly schools in England, the company says.
Analysts slash GPT earnings outlook
GPT saw a further 11 per cent dive in its share price yesterday to its lowest level in its 37-year history, as brokers took the knife to the trust's earnings forecast for the...
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GPT cuts income guidance to $464m
GPT Group cut its guidance for full-year operating income to $464m from $633m due to the deterioration in global credit markets.
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BHP Billiton's bid for Rio Tinto...
The European Union has begun a full investigation into BHP Billiton's proposed
$170billion ($£85.8billion)takeover of Rio Tinto, its rival.
Rio Tinto ends Asian steel price talks
Rio Tinto has concluded price negotiations with its Asian customers for the steelmaking commodity.
Rio Tinto wins up to 97 percent rise...
Rio Tinto, the world's second-largest iron ore producer, secured price rises with its Asian customers of up to 96.5 percent for its ore this year, the miner said Tuesday.