Leighton Holdings (ASX: LEI) today announced its subsidiary John Holland, which is one of Australia's leading and most diversified contracting, engineering and services providers, has been awarded a $348 million contract for the provision of mining services to the 'Plains' pit of the Jellinbah Coal Mine.
The relative weakness in the construction industry may soon be abated, thanks to the Reserve Bank of Australia's decision to keep interest rates steady.
The Australian stockmarket was slightly higher at Thursday noon, after a strong employment figures from the Australia Bureau of Statistics overshot expectations, boosting banks and retailers.
The Australian Bureau of Statistics announced today an extra 49,500 people were hired in September, more than double the 20,000 jobs predicted by analysts.
Android users can now access the eToro's financial trading platform and OpenBook, as its new social trading network.
The Kindle Digital Text Platform (DTP) 70 percent royalty option is now available in the United Kingdom, according to Amazon (NASDAQ: AMZN).
On the Sydney Futures Exchange this morning, the share price index futures contract was 12.7 points down at 4674.1 points. The All Ordinaries was off 11.3 points at 4726.7 points.
The AUD continued its relentless push higher overnight, with the next major level of resistance of USD0.9850 now firmly in its sights.
Stocks seesawed between small gains and losses Wednesday as investors awaited further signals on the labor market that could force the Federal Reserve to act more decisively to prop up the economy.
US private sector payrolls fell by 39,000 in September - against expectations for a rise of 24,000.
The Australian Dollar took a break yesterday, moving in a very quiet 30 pip range against the USD after recent volatile trade.
Australian stocks touched a one week high on Wednesday, with the mining and financial sector leading the broader market.
Local stocks soared today, as investor sentiment was boosted by a strong offshore lead and positive momentum in the Asian region.
Australian stocks rallied 1.7 percent on Wednesday, the biggest gain in five weeks, joining offshore markets in bets that central banks will turn on the cash spigots to boost flagging economic growth worldwide.
The chairman of coal to supermarkets conglomerate Wesfarmers (ASX: WES) has joined the BHP CEP in supporting the idea of a carbon tax but thinks Australia should wait for other countries to introduce a levy first.
Construction giant Leighton Holdings Ltd (ASX: LEI) said on Wednesday that its Asian subsidiary would be taking part in a joint venture that is set to develop Hong Kong’s new $660 million sewerage sludge treatment facility.
McDonald's cannot open a store in the Barossa Valley, a major wine-producing region and tourist destination of South Australia, the Development Assessment Panel has ruled.
The proposed sale of Queensland Rail National will proceed as planned, according to QR National chief executive Lance Hockridge, who added that the company’s reputation alone has already attracted enormous investor interest in the share float.
The Australian authority in residential housing forecasts a 9.5 percent downturn in housing next year.
Key management positions remain elusive to working women in top 200 Australian companies.
Australia and New Zealand Banking Group Limited (ASX: ANZ) announced it will pay primary-caregivers a $4,000 childcare allowance as part of new measures to "attract and retain talented women."
Iron ore mining firm Fortescue Metals Group Ltd (ASX: FMG) has been ordered on Wednesday to pay damages of up to $US3.7 million or $A3.81 million following a shipping contract row with Armada (Singapore) Pte Ltd that arose when FMG cancelled its five-year deal with Armada in January 2009.
Virgin Blue cancelled anew some flights scheduled for Wednesday, in what the company labelled as a planned disruption, following the resumption of its computerised check-in services today.
Depression resulting from job strain is pulling down the economy by $730 million each year.
The blockbuster $120 billion merger deal between BHP Billiton Ltd (ASX: BHP) and Rio Tinto Ltd (ASX: RIO) to fuse their Pilbara iron ore operations in Western Australia could be fizzling out even before its actual realisation as Fairfax dailies carried stories of a crumbling agreement between the two giant resource firms.
U.S. stocks rallied to a five month high Tuesday, boosted by encouraging services sector data and hopes that global central banks will follow Japan's lead in stimulating economic growth.
The US ISM services index rose from 51.5 to 53.2 in September.
The recent rally of the Australian Dollar took a major hit yesterday as the RBA announced its decision to keep interest rates on hold at 4.5%.
What a rollercoaster ride the past 24hrs have been for currency markets, starting yesterday with the RBA leaving the official cash rate unchanged at 4.50%.
Internet marketing research company comScore, Inc. (NASDAQ: SCOR) announces the availability of mobile-optimized tagging for publishers, set to provide significantly enhanced measurement of mobile audiences across the world.