FERRAUS has named former BHP Biliton executive Mike Amundsen as its new managing director and chief executive.
WOODCHIPPER Gunns has acquired a 17.9 per cent stake in Forest Enterprises Australia Ltd at 10 cents per share.
THE share market opened almost 2 per cent lower after Wall Street slumped on a rise in the number of jobless.
BHP Biliton will sell its Yabulu nickel refinery in Queensland for an undisclosed sum and will book $US675 million ($A853.57 million) in writedowns on the sale.
RIO Tinto shares are in a trading halt as its bank underwriters offload shares that were not taken up under its Australian equity raising, which attracted acceptances for 94.76 per cent of the new stock on offer.
THE dollar closed weaker on today after the nation recorded its largest trade deficit in 10 months.
THE share market closed flat after earlier gains were whittled back despite gains in resources sector gains and a positive lead from Wall Street.
OUTDOOR recreation company Coleman Australia has bought the Esky brand from Nylex and plans to expand the iconic Australian brand internationally.
NATIONAL Australia Bank’s (NAB) automatic teller machine (ATM) disloyalty fee has won it a 10 per cent rise in customer loyalty since the new ATM fee regime was introduced.
RIO Tinto’s largest shareholder, Aluminum Corporation of China (Chinalco), has taken full part in a $US15.2 billion rights issue from the Anglo-Australian miner.
