Australian iron ore miners have sought to variate crucial reference points that help to set contract prices for the bulk commodity, in a bid to temper China's push for lower prices.The benchmark iron ore price has been below $US100 per tonne for more than two months, and Chinese buyers have been unwilling to buy lower grade iron ore unless offered a discount of between 15 per cent and 20 per cent below the benchmark price.
Business confidence among Australia’s largest listed firms has fallen sharply over the June quarter, undermined by the tight federal budget and coinciding with a reluctance to spend.
The problem with repeatedly 'setting targets and missing them is painfully obvious to QBE CEO John Neal today.
An international tribunal in The Hague has awarded the shareholders of the now-defunct Yukos oil company about $US50 billion, in ruling on claims that the Russian government illegally seized the company from one of the country’s most powerful oligarchs.
If you’re making these investment mistakes, you should be running away… fast.
By Richard Partington July 29 (Bloomberg) --
The seven things common to everyone who displays psychological fortitude.
The American businessman recently hired and then sacked by Myer on his first day — after it found he had allegedly falsified his credentials — has been charged by Victorian police with fraud.
Mixed corporate news and economic reports in the US has provided no direction for local stocks ahead of Tuesday's opening.
The founder of failed retirement village group Prime Trust, Bill Lewski, is "highly likely" to engage in further wrongdoing and should be banned from running companies for the rest of his life, the corporate regulator says.
Weeks of rehearsals, months of planning and staff and students from 16 Bega Valley schools are ready to ...
With a recent working bee, Bermagui Dune Care has finalised the Australian Government Caring for Our Country grant, ...