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Asciano leads ASX gains for transport, mining
Australian transport and mining stocks led a week of gains on the Australian Securities Exchange, with the top 200 listed companies rising an average 2.14% this week.
Final tick for Magellan lead through Fremantle
Ivernia will spend up to six months exporting its Magellan mine lead carbonate concentrate stockpile after gaining Western Australian Government clearance to use the port of Fremantle as an outlet.
Fortescue in trading halt ahead of announcement
Fortescue Metals Group was placed in a share trading halt yesterday as the company prepared to release details of its commercial discussions.
Owners pump US$600m into Hapag-Lloyd
Tui and the Albert Ballin consortium yesterday agreed to provide Hapag-Lloyd with an additional €420m (US$600m) emergency funding, fulfilling one of the prerequisites which will allow the company to apply for government-backed assistance.
Two remain in Melbourne market bid process
The long-awaited project which will see Melbourne's new horticulture logistics centre established on the city's northern outskirts has come down to two proposals.
Employers back Victoria's pledge to cut red tape
The Victorian Government's pledge to speed up transport infrastructure projects by cutting red tape has been welcomed by state employers.
BHP Billiton profit plunges as prices crash
Resources giant BHP Billiton has reported a 62% plunge in full-year profit following a massive fall in commodity prices.
Thune Anderson quits Maersk
AP Moller-Maersk highflyer Thomas Thune Andersen has resigned as chief executive of Maersk Oil and as partner in the governing firm of the shipowner.
