Australian stocks have edged higher at the open, helped by rising energy and materials shares, with the health care sector also up in early trade.
The ACCC will not oppose oil and gas firm Santos Ltd's $US2.15 billion ($A2.95 billion) acquisition of privately held Quadrant Energy.
NAB chief executive Andrew Thorburn's has his pay cut by $2 million after the lender's poor financial and reputational performance.
Despite losing $1 billion on its disastrous and short-lived UK venture, Wesfarmers chairman Michael Chaney says Bunnings could have succeeded there.
A rally in the last hour of trade wiped out heavy afternoon losses on the Australian share market, leaving the market every so slightly higher at the close.
Bulk grain shipper and handler GrainCorp has seen a 43.7 per cent drop in its full-year profit to $70.5 million, with drought shrivelling the balance sheet.
Warren Buffett's company picked up nearly 36 million shares of JP Morgan Chase stock in the third quarter and eliminated its stake in giant retailer Walmart.
Tracey Fellows, who has led realestate.com.au since 2014, will leave in January and start immediately as News Corp's president of global digital real estate.
All Roger David stores will close within weeks, after no buyers emerged during a four-week process to sell them as a going concern.
US stocks have slipped further into the red as fears of stricter regulations on the banking industry dragged down financial sector shares.
Bookings for Uber's ride-hailing and delivery services rose just six per cent in the latest quarter, with the firm losing $US1.07 billion for the quarter.
Hourly pay rates across Australia rose 2.3 per cent in the 12 months to September, the highest annual growth rate in three years.
Nine Entertainment chief executive Hugh Marks says the network's planned merger with Fairfax Media is driven by growth prospects, not cost cutting.