A supreme court judge has been appointed to head a caretaker government in Greece until new elections are held on June 17, as citizens continue to withdraw millions of euros from banks amid fears the country ...

Building products maker CSR expects Australia's housing construction market to remain bleak for the foreseeable future and says it is difficult to predict the timing of a recovery.The company estimates ...

Stocks to watch on the Australian stock exchange at close on Wednesday:BHP - BHP BILLITON LTD - down $1.37 - or 4.04 per cent - at $32.49BHP Billiton chairman Jacques Nasser says the global miner will ...

Transport and logistics group Toll Holdings has warned of lower earnings in 2012, sending its shares plummeting.Toll on Wednesday announced writedowns on its freight operations in Japan and some of its ...

Victorian electricity and gas distributor SP AusNet's full year profit has risen to $253 million due partly to higher electricity prices.SP AusNet distributes electricity to about 642,000 customers in ...

A company building a $350 million expansion of Ararat Prison in central Victoria has gone into liquidation, with the loss of hundreds of jobs.St Hilliers Ararat Pty Ltd was part of a consortium contracted ...

Australian stocks have opened more than one per cent lower amid broad based declines as local market players took their cues from a poor night on Wall Street and ongoing troubles in Europe.At 1028 AEST ...

Building products maker CSR expects Australia's housing construction industry to remain in the doldrums for the foreseeable future.The company estimates about 140,000 houses will be constructed in Australia ...

The CEO of JPMorgan Chase has offered a quick but blunt apology to shareholders for a $US2 billion ($A2.01 billion) trading loss that "should never have happened".CEO Jamie Dimon, who in recent ...

The Australian dollar is almost 0.7 of a US cent lower after talks between Greece's political parties failed, meaning the country is headed for fresh elections next month.At 0700 AEST the Australian dollar ...

The Australian market looks set to open lower following falls on US markets overnight and political turmoil in Greece.At 0640 AEST on Wednesday, the June share price index futures contract was down 33 ...

Alcohol will once again become the real thing for Coca-Cola Amatil (CCA) when it is cleared to re-enter the local beer market from next year.The beverage maker says it plans to sell Fiji Bitter as well ...

Official figures show the economy of the 17 countries that use the euro confounded expectations and avoided falling back into recession in the first quarter of 2012.Eurostat, the EU's statistics office, ...

Australian stocks fell to a weaker close, dragged down by heavy losses among the resource stocks.Investors worried about political and financial instability in Europe, including the future of the euro ...

Pacific Brands says there will be no takeover offer for the clothing maker, after discussions with potential suitors failed to reach a deal.The company's announcement on Tuesday that talks with private ...

Stocks to watch on the Australian stock exchange at close on Tuesday:CCA - COCA-COLA AMATIL - down 58 cents at $46.27Beverages supplier Coca-Cola Amatil (CCA) expects a higher underlying profit in the ...

Furniture retailer Nick Scali expects its full year profit to drop by up to 22 per cent, while its expansion plans are being challenged by a weak retail environment.The need for discounts and the costs ...

Australian stocks were almost one per cent lower at noon, with the resources sector posting the largest losses, due to concerns about the future of the euro zone.At 1221 AEST on Tuesday, the benchmark ...

Beverages supplier Coca-Cola Amatil (CCA) has underlined its desire to re-enter the beer market, announcing new deals to distribute a large portfolio of beer brands in the Pacific region.CCA said on Tuesday ...

Stocks to watch on the Australian stock exchange at noon on Tuesday:CCA - COCA-COLA AMATIL - up 35 cents to $13.08Beverages supplier Coca-Cola Amatil (CCA) expects a higher underlying profit in the first ...

Beverages supplier Coca-Cola Amatil (CCA) expects a higher underlying profit in the first half of the 2012 calendar year, despite tough trading conditions."CCA expects to generate around four to five ...

Shares in clothing and footwear maker Pacific Brands have plunged after the company said there was no prospect of a takeover any time soon.The owner of the Bonds, King Gee and Slazenger brands on Tuesday ...

The once-mighty Aussie dollar is losing purchasing power as it slips below its US counterpart but TVs and electrical gadgets are likely to stay dirt cheap - for a while at least.Overseas holidays are safe ...

Paint maker DuluxGroup says its takeover bid for garage door and construction products supplier Alesco is not a "must do" deal.However, DuluxGroup chief executive Patrick Houlihan says the bid ...

Stocks to watch on the Australian stock exchange at close on Monday:DLX - DULUXGROUP - steady at $3.03Paint maker DuluxGroup has reported a two per cent fall in first half net profit and says it expects ...

A rise in new home loans in March is a sign the housing sector is stabilising, and recent official interest rate cuts could give it a boost, economists say.The number of home loans approved in March rose ...

Australian shares were slightly higher at noon as the local market bounced back despite falls on Wall Street and European stocks.At 1200 AEST on Monday, the benchmark S&P/ASX200 index was up 6.8 points, ...

Africa-focused uranium miner Paladin Energy says production at its mine in Malawi has been stalled after local workers walked off the job.Paladin's annual production will be impacted by the stoppage, and ...

Stocks to watch on the Australian stock exchange at noon on Monday:DLX - DULUXGROUP - down two cents to $3.01.Paint maker DuluxGroup has reported a two per cent fall in first half net profit and says it ...

Paint maker DuluxGroup has reported a two per cent fall in first half net profit and says it expects the full year result, on an adjusted basis, to be higher than the prior year.The company's net profit ...

Paint maker DuluxGroup has reported a two per cent fall in first half net profit and says it expects the full year result, on an adjusted basis, to be higher than the prior year.The company's net profit ...

Explosives and fertiliser producer Incitec Pivot's first half profit has dropped by 13 per cent due to significantly lower earnings from fertilisers.The company's net profit for the six months to March ...

National Australia Bank (NAB) chief executive Cameron Clyne says he expects the central bank to deliver more interest rate cuts."We're likely to see another 50 basis points of cuts over the course ...