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Truck bomb in northern Iraq kills at least 23

At least 23 people have died and 60 wounded in northern Iraq after a suicide bomb attack near a vegetable market. Rough cut (no reporter narration).

  • Aust hopes to avoid Trump tariffs: PM
    Finance
    AAP

    Aust hopes to avoid Trump tariffs: PM

    Prime Minister Malcolm Turnbull says he has made a compelling case to persuade US President Donald Trump not to slap large tariffs on Australian steel and aluminium imports to the US. Mr Trump, who hosted Mr Turnbull at the White House on Friday, reportedly wants to introduce a global tariff of 24 per

  • SA Labor pledges funds for deepwater port
    Finance
    AAP

    SA Labor pledges funds for deepwater port

    A re-elected Labor government will provide $150 million to a new port authority to oversee the development of a deepwater port in regional South Australia. The funds will allow the authority to borrow more than $500 million to develop the port in the Spencer Gulf, giving a boost to the agriculture and

  • Finance
    AAP

    Qld premier offers US piece of history

    A piece of Brisbane's history could end up in one of the world's most prestigious museums, with Queensland Premier Annastacia Palaszczuk due to visit the Smithsonian Institute in the US. As part of a trade mission to the US, Ms Palaszczuk will visit the Smithsonian on Saturday morning (AEST)

  • Finance
    AAP

    Woolies may challenge ACCC over BP deal

    Woolworths is considering challenging the competition watchdog's decision to reject the sale of its service stations to BP. The supermarket giant struck a deal in December, 2016, to sell its 527 petrol stations and convenience stores and 16 development sites to BP for $1.8 billion. Mr Banducci

  • Finance
    AAP

    Adani stalling on mine funding: Qld govt

    Adani has fired back at the Queensland government, saying it is to blame, after Acting Premier Jackie Trad accused the Indian miner of stalling on funding for its controversial Carmichael coal mine. Adani had set a March 31 deadline to secure the full $16 billion for the project but it has abandoned

  • Solid results day drives Aust share gains
    Finance
    AAP

    Solid results day drives Aust share gains

    The Australian share market has made solid gains after a strong lineup of company earnings results briefly drove stocks above 6,000 points on Friday before closing just shy of the mark and up 1.6 per cent ...

  • Finance
    AAP

    Stocks to watch

    Stocks to watch on the Australian stock exchange: AX1 - ACCENT GROUP - up 16.5 cents, or 18.5 per cent, to $1.055 Owner of The Athlete's Foot brand, Accent group, has lifted first-half profit 19.4 per ...

  • Finance
    AAP

    Athlete's Foot owner kicks record H1 goal

    The Athlete Foot's brand owner Accent Group has lifted first half profit by 19.4 per cent to $25.3 million thanks to strong growth in online sales and the rollout of more stores. Shares in Accent soared 18.5 per cent to an 11-month high of $1.055 on Friday following its record results. The group

  • Finance
    AAP

    Big fish help Tassal to record HY profit

    Tassal expects a record annual profit after bigger and heavier salmon helped the fish farmer lift first-half profit to a record $28.4 million. Driving the result was a increase in salmon volumes, which rose 43.8 per cent in the six months, as well as the benefit of bigger fish and the premium prices

  • Southern Cross falls as 2DayFm struggles
    Finance
    AAP

    Southern Cross falls as 2DayFm struggles

    Shares in Southern Cross Austereo have plummeted after the company posted a 21 per cent fall in first-half profit, as the media group signalled more changes were needed at its struggling 2Day FM breakfast show. The company, which also operates the Triple M radio network and has a regional television

  • Woolies in lead in supermarket growth race
    Finance
    AAP

    Woolies in lead in supermarket growth race

    Woolworths has outperformed Coles in sales and earnings growth, three years after it started spending $1 billion in slashing food prices and improving service. The supermarket giant's crucial comparable food sales rose 4.9 per cent for the first half of 2017/18 compared to the same period a year

  • Good results drive strong Aust shares gain
    Finance
    AAP

    Good results drive strong Aust shares gain

    The Australian share market has almost climbed back past 6,000 points after a strong lineup of company earnings results drove local stocks higher on Friday. The benchmark S&P/ASX200 index was up 48.9 points, ...

  • Finance
    AAP

    Old hand Lucas returns as McGrath CEO

    Embattled property group McGrath Limited has announced that former chief operating officer Geoff Lucas will return as its new chief executive. Mr Lucas was COO of McGrath for eight years from 2008 to 2016, and left the company shortly after the company listed on the ASX in 2016. The appointment follows

  • Finance
    AAP

    The business week in numbers

    Domain declares a decent dividend despite a profit fall, A2 Milk doubles its first-half profit and Nine Entertainment grows its advertising revenue for the first time in two and a half years: here are a few of the numbers that grabbed attention - or should have - in the business world this week. Underlying

  • Finance
    AAP

    Regis positive despite dip in H1 profit

    Regis Healthcare has forecast steady full-year earnings despite ongoing cuts to residential aged care funding and industry-wide occupancy pressure, after posting a slight dip in first-half profit. The aged care provider expects full-year underlying profit to be in the range of $56 to $58 million, slightly

  • CBA denies AUSTRAC class action liability
    Finance
    AAP

    CBA denies AUSTRAC class action liability

    Commonwealth Bank has denied liability in a shareholder class action alleging it breached continuous disclosure obligations with its handling of AUSTRAC's investigations into its compliance with money-laundering and terrorism-funding laws. Australia's largest bank on Friday partially admitted

  • Finance
    AAP

    Billabong banks on buyout after HY losses

    Struggling surfwear icon Billabong has warned it cannot carry on business as usual if a takeover by the owner of rival Quicksilver does not proceed, as the company reported worsening revenue and net loss for the first half of the year. Billabong posted a net loss of $18.4 million for the six months

  • Kylie Jenner tweets, Snapchat nosedives
    Finance
    AAP

    Kylie Jenner tweets, Snapchat nosedives

    A single tweet from US reality TV star Kylie Jenner about Snapchat has triggered a massive plunge in the messaging application's stock price. Jenner, the half-sister of Kim Kardashian, tweeted: "Sooo ...

  • Finance
    AAP

    Property group McGrath gets new CEO

    Property group McGrath Limited has hired former chief operating officer Geoff Lucas as its new chief executive. The appointment follows the formation of a new board for the embattled company after a tumultuous ...

  • Finance
    AAP

    Shaver Shop's profit lifts on record sales

    Grooming and beauty products specialist Shaver Shop lifted first-half profit 9.2 per cent to $6.9 million on the back of record sales and an expanded store network. Revenue for the six months to December 31 rose 19 per cent to $93.4 million after sales increased despite a challenging retail environment

  • Finance
    AAP

    Recovery underway after $174m loss: Mayne

    Generic drugs supplier Mayne Pharma slipped to an impairment-driven first-half loss of $174.2 million but says a recovery is already underway. Mayne on Friday reported a loss of $174.2 million for the six months to December 31, compared to a $72.7 million profit in the prior corresponding period. Mayne

  • Finance
    AAP

    Agriculture and climate unhappily married

    After Rene Castro-Salazar attended the first UN-led climate talks in Berlin in 1985 as Costa Rica's environment and energy minister, he tried to talk about agriculture and climate change - but few wanted to join the conversation. "There was always opposition - and we couldn't understand

  • Finance
    AAP

    Tassal expects record FY18 results

    Tassal's first-half profit has risen 2.45 per cent to a record $28.4 million after local demand for salmon exceeded the fish farmer's expectations. Revenue for the six months to December 31 climbed 23.7 per cent to $271.3 million, and Tassal says its strategy of growing bigger fish is paying

  • Woolworths' H1 profit soars 37.6% to $969m
    Finance
    AAP

    Woolworths' H1 profit soars 37.6% to $969m

    Woolworths' first-half profit jumped 37.6 per cent to $969 million after comparable food sales at its Australian supermarkets rose 4.9 per cent. The retail giant on Friday increased its interim dividend by more than 25 per cent to a fully franked 43 cents after pre-tax earnings for the 27 weeks

  • Petrol prices hit three-year high: ACCC
    Finance
    AAP

    Petrol prices hit three-year high: ACCC

    Petrol prices have hit a three-year high in Australia's largest five cities as retailers rake in the cash with bigger-than-ever mark ups. The increase has pushed prices to their highest levels since 2015 in Sydney, Melbourne, Brisbane, Adelaide and Perth. Meanwhile, gross retail margins in the