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Steel makers negotiate Usiminas bailout
NIPPON Steel & Sumitomo Metal and Ternium are looking at providing capital and acting as debt guarantors for troubled Brazilian steel maker Usiminas.
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Stocks end advance as oil rally falters
THE rally in oil prices and worries about the global economy have put a dampener on world markets.
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China auto sales rise in January
STRONG demand for SUVs and a buying rush before the Lunar New Year have helped increase new car sales in China by nine per cent in January.
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VW ups sausage making as car sales slide
VOLKSWAGEN'S car sales may have hit a snag in the past year, but its production of currywurst snacks has risen by more than 6 per cent.
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Yahoo hires investment banks to mull sale
YAHOO is hiring Goldman Sachs, JP Morgan and PJT Partners to set up a process for meeting companies interested in buying all or parts of its business.
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Stocks retreat as oil weakness resurfaces
MSCI'S index of world shares are 0.3 per cent lower, but up 3.6 per cent for the week.
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IMF re-elects Lagarde as chief
CHRISTINE Lagarde has been elected to a second term as the International Monetary Fund managing director.
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Brazil cuts budget by $A8bn amid recession
BRAZILIAN budget cuts totalling more than $A8 billion will most affect the mines, health and education ministries.
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Big Bolivia natural gas discovery: Repsol
REPSOL SA says it has discovered 4 trillion cubic feet of possible natural gas reserves in Bolivia.
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China removes stocks regulator head
A TOP Chinese state banking executive has been appointed to replace the head of the country's securities regulator following recent stock market woes.
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Consumers more reluctant to spend
AUSTRALIANS have become slightly more cautious in their spending habits, according to a monthly study from the Commonwealth Bank.
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EPA asks VW to make electric cars in US
THE US Environmental Protection Agency wants VW to produce electric vehicles at US plants as a way of making up for rigging emission tests.
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Dick Smith pushes PMP 1H profit down 58.8%
PMP incorporated a hit from the millions Dick Smith owes into its first half accounts, pushing net profit down 58.8 per cent to $1.78 million.
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Digital lights up APN and oOh!Media profit
AUSTRALIA'S outdoor advertising companies predict digital signage and billboards to make up half of their revenue within a few years.
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Vectus raises $5.1M, set for ASX-listing
SYDNEY-BASED biotechnology company Vectus Biosystems is set to debut on the Australian Securities Exchange after raising $5.1 million from an IPO.
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Miners lead Britain's FTSE higher
BRITAIN'S FTSE 100 index rose 1 per cent to 6,011.66 points in early deals and the FTSE 350 Mining index hit its highest level since November 2015.
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Schengen collapse could cost EU
A STUDY shows that a breakdown of the Schengen passport-free travel zone would cost the EU a minimum of 470 billion euros over the next decade.
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Stocks gain broadly, pound falls
TOKYO'S Nikkei closed up 0.9 per cent, helped by a weaker yen, which fell 0.3 per cent to 112.88 per dollar.
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Sysco to buy London-based Brakes Group
US food distributor Sysco Group has sealed a $US3.1 billion deal to acquire Britain's Brakes Group from Bain Capital Private Equity.
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UK's Cameron to take EU case to Parliament
THE pound fell 1.7 per cent on Monday to $US1.4166, as bookmakers shortened the odds on a vote for the UK to leave EU.
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