ICE considers counter bid for LSEG
THE London Stock Exchange says its merger talks with Deutsche Boerse are continuing amid talk Intercontinental Exchange is considering making an offer.
View ArticleFTSE lifted by potential counterbid
THE FTSE has opened up 0.5%, lifted by news of a potential counterbid for London Stock Exchange Group, while miners gained on Chinese stimulus hopes.
View ArticleAsian stocks rise on stimulus hopes
ASIAN stocks have risen, as have European stocks, after downbeat PMI surveys raise hopes of more steps from Beijing and the ECB.
View ArticleGlencore reports 69% slump in 2015 profits
COMMODITIES giant Glencore has reported a 69 per cent slump in 2015 profits to $US1.34 billion but claims it can deal with even lower commodity prices.
View ArticleLego books 10th year of strong sales
LEGO has booked its 10th year of strong sales, with net profit for 2015 rising more than 30 per cent to 9.2 billion kroner.
View ArticleBarclays restructuring as 4Q profit slumps
BARCLAYS says it will restructure, splitting into two entities, and sell down its stake in its African operations as 4Q profits slump to STG247 million.
View ArticleUS manufacturing shrinks again
A US manufacturing index rose to 49.5 last month from 48.2 in January, but anything below 50 signals a decline.
View ArticleChina to lay off 5-6 million workers
CHINA will lay off five to six million workers, particularly at "zombie" firms, and will earmark at least $A32.21 billion to cover the redundancies.
View ArticleTabcorp loses in High Court
TABCORP has lost its High Court appeal to obtain a $686 million payment from the Victorian government for the loss of its poker machines licence.
View ArticleGold lifts as $US falls
GOLD claws back the previous session's losses as the US dollar falls and despite hawkish comments from a San Francisco Federal Reserve official.
View ArticleServices sector returned to growth in Feb
THE Australian Industry Group's PSI lifted 3.4 points to 51.8 points in February, moving above the 50 mark to indicate the sector is growing.
View ArticlePentagon seeks a few good computer hackers
THE US Defence Department wants to employ a few good computer hackers to test the Pentagon's systems and find vulnerabilities.
View ArticleNZ dollar slides against Aussie
AFTER better than expected GDP data out of Australia the NZ dollar slips to a three-month low against its trans-Tasman counterpart.
View ArticleFacebook faces German competition probe
SOCIAL network giant Facebook is being investigated by Germany's cartel office, accused of abusing its market power through its collection of user data.
View ArticleGlobal shares hit two-month high
OIL'S upward march and a good finish for US stocks have helped put global markets at their highest point in almost two months.
View ArticleJudge backs Argentina in debt standoff
A US judge will lift his orders protecting Argentina's creditors once it clears legislative obstacles and makes full payment on deals it reached by Monday.
View ArticleClouds over Africa as Barclays heads out
BARCLAYS is again looking to get out of Africa, 11 years after the British banking giant bought Sth Africa's Absa.
View ArticleEnergy CEO McClendon dies in car crash
FORMER Chesapeake Energy Corp CEO Aubrey McClendon has died in a single-car crash a day after being indicted for allegedly colluding to rig acreage bids.
View ArticleOklahoma's Hamm plunges on Forbes list
THE fall in oil prices has led to Continental Resources Inc's CEO Harold Hamm sliding down the Forbes rich list, from 96th place in 2015, to 262nd place.
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