Business Breaking News
Today
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Greece gets access to development fund
THE European Union will help Greece access billions in EU development funds in an attempt to boost the country's struggling economy. Read more
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Market opens slightly higher
THE market defied a weak offshore lead to make marginal gains in opening trade, buoyed by strength in materials and financial stocks. Read more
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BHP to spend $1.2b on potash project
BHP Billiton's investment in Jansen Potash project - coming after its failed $45b bid for Canada's Potash Corporation - to reach up to $1.2b. Read more
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Apple growers up in arms over NZ imports
THE Federal Government has been told to reveal all on the impending importation of New Zealand apples. Read more
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Google 'faces US antitrust probe'
US Trade Commission to open formal probe into whether internet search giant Google abused its dominance on the web. Read more
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Dollar lower amid more Greek jitters
THE dollar has opened a quarter of a US cent lower over whether the Greek parliament would approve new spending cuts. Read more
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Greek bailout 'set for early July'
EURO leaders order a fresh Greek bailout by early July and pledge to do "whatever necessary" to maintain currency stability. Read more
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Airbus high on record $68bn show sales
AIRCRAFT manufacturer Airbus is celebrating a € 51 billion haul of orders, including the biggest single airliner order in history. Read more
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Saab unable to pay workers' wages
SWEDISH Automobile said that it would not be able to pay workers' wages at Saab Automobile because it has not secured short-term funding. Read more
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US stocks mixed on economic worries
US stocks closed mixed today, gaining back ground after steep initial losses spurred by a series of gloomy economic reports from the US, Europe and China. Read more
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IMF candidate Lagarde urges reform
CHRISTINE Lagarde calls for further reform of the International Monetary Fund as she completes a round of interviews for the IMF top job. Read more
Yesterday
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Dollar falls after Bernanke's comments
DOLLAR falls more than half a US cent after downbeat comments from the US Federal Reserve chairman about the American economy. Read more
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Shares down on energy, materials
THE Australian share market lost ground in line with Asian markets, led lower by energy and materials stocks and on US Federal Reserve chairman Ben Bernanke's downbeat assessment of US growth. Read more
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New domestic fare structure for Qantas
QANTAS has announced a new domestic fare structure it says is simpler, more flexible and offers further frequent flyer benefits. Read more
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Dollar falls after US FOMC meeting
DOLLAR three-quarter of a US cent lower after the US central bank indicated it would not expand it's economic stimulus plan. Read more
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Share market weaker on US outlook
THE share market was weaker today following negative offshore leads overnight. Read more
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NBN a waste of money, says Abbott
OPPOSITION Leader Tony Abbott has compared the national broadband network (NBN) to ripping up a freeway and replacing it with a toll road. Read more
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Market weaker on US outlook
THE share market opened weaker after a slide on Wall Street overnight, following US Federal Reserve's bleak forecast. Read more
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Julia Gillard welcomes NBN agreements
PRIME Minister Julia Gillard says a big step forward has been achieved in rolling out the national broadband network. Read more
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Optus strikes $800m NBN deal
OPTUS has reached an $800 million agreement with the Federal Government to migrate its customers to the NBN. Read more
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Telstra signs $11b NBN agreement
TELSTRA confirms it's reached agreement with the Government to disconnect its copper network and join the rollout of the NBN. Read more
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Dollar lower after Bernanke remarks
THE dollar has opened a quarter of a US cent lower after investors bought US dollars in response to comments from Federal Reserve. Read more
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Greece approves austerity budget
GREEK cabinet approves austerity budget plan and laws, a key condition for further EU-IMF help to tame a massive public debt. Read more
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US stocks fall on bleak outlook
US stocks slumped today after the Federal Reserve offered a cautious outlook on the struggling economic recovery and vowed to maintain its policy of ultra-low interest rates. Read more
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Greek cabinet approves austerity plan
THE Greek cabinet has approved a 2012-2015 austerity budget plan as well as laws for its application, a key condition for further EU-IMF help to tame its massive public debt, government sources say. Read more
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US Fed holds interest rate
THE US Federal Reserve says it will again maintain its key interest rate near zero, citing concerns over the unexpectedly sluggish US economic recovery. Read more
News
Youth pleads guilty to murder
ONE of two youths accused of killing Callington woman Pirjo Kemppainen has pleaded guilty to murder while the other will face trial.
Sport
Gajdosova set for Wozniacki clash
JARMILA'S run continues, Stoner off the pace and an 'Aussie' to go No. 1 in NBA draft. VIDEO: Fans and players in wild soccer brawl.