Industries

Brazil probes 15 banks over forex fixing

by AFP
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Antitrust body accuses global banks of colluding to form a secret cartel.

Chinese aluminum producers will have to cut production: Rusal exec

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Aluminium giant says China cannot continue production at current levels with global markets where they are.

China's jitters more dangerous for Australia than Greece: NAB's Thorburn

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Global markets taking Greek crisis in their stride as China's stocks hit bear territory.

Farmers get leg-up in agri white paper

by AAP
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Almost half a billion dollars to be spent on dams around the country.

Grexit 'would bring challenges' for financial services industry

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Chief executive of Europe's largest stock exchange says referendum result could be 'very, very chaotic'.

Oil prices fall on strong US shale supply

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Brent crude falls 0.7 per cent as US supply continues to pressure prices.

Uber suspends service in France

by AFP
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Group suspends low-cost service six months after state ban, following arrests.

Gold prices lift on softer greenback

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Precious metal tipped for quiet day amid US holiday, preparations for Greek referendum.

Chinese emerge as key MG investors

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A Chinese government-owned company has emerged with nearly 5 per cent of Australia’s largest dairy company Murray Goulburn.

Gold miners eye new extraction method

by AAP
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Cost still a barrier to CSIRO's pioneering cyanide-free extraction technique.

Yahoo tests using Google search skills

by AFP
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Yahoo says it is testing letting Google put its online search skills to work at some of its online properties.

The dangerous combination that will test Australian households

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Lower interest rates should underpin near-term retail sales growth, but a number of negative forces will see the household sector struggle in the coming years.

G8 Education launches Affinity bid

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Childcare operator launches $162m offer for smaller rival; Affinity says approach 'opportunistic'.

PayPal buys money-sending service Xoom

by AFP
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Online payments titan broadens its horizons with the deal valued at $US890 million.

Aust dollar hits two-month low

by AAP
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Australian currency hits a two-and-a-half month low after the release of retail sales data.

Murray Goulburn eyes China demand

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MD Gary Helou says MG's China sales are changing as consumers demand 'finished' dairy products.

Murray Goulburn rallies on debut

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Australia’s biggest dairy company closes at $2.24 on ASX debut, against $2.10 issue.

Retail sales rebound in May

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Official ABS data shows retail sales increase after Federal Budget's asset write-off.

KGB Interview: Murray Goulburn's Gary Helou

Murray Goulburn's managing director explains how the co-operative's complicated structure works and outlines the global dynamics behind recent price volatility.

Services sector expands in June

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Australian Industry Group index shows activity in services sector swings to expansion.

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