A $4 BILLION plus takeover bid is looming for one of Queensland`s largest resources companies, Macarthur Coal, after young entrepreneur Nathan Tinkler last night sold his 10 per cent stake in the group
THE world`s richest man, US investor Warren Buffett, remains open to buying more businesses in the United States despite the decline of the US dollar and recent banking sector wobbles
GRAINS marketer AWB has lifted its first half profit by 88.5 per cent, and says changes to Australia`s wheat export marketing arrangements due to be in place in July pose some opportunities and challenges
THE share market was down over 1 per cent in early trade after rising consumer price data in the US hurt Wall Street and commodity prices ended mixed overnight
LEHMAN Brothers is cutting roughly 1300 positions globally, or nearly 5 per cent of its work force, amid difficult market conditions, a person briefed on the matter said overnight, with almost 60,000 jobs to be lost in New York City
ARCELORMITTAL, the world`s largest steelmaker, has taken a 14.9 per cent stake in Macarthur Coal and entered into discussions with company regarding a potential transaction