Australian shares are likely to open higher on Monday after strong US jobs figures ahead of the first week of local earnings reports.The US stock market rallied on Friday after official figures showed ...

The State Opposition wants the Government to investigate a partnership with Victoria to build an $800 million energy project.The prospect of laying a second energy link across Bass Strait was investigated ...

A group of Australians is in Burma for one of the first major business and academic gatherings since the Asian nation reopened its borders.Burma shifted to civilian rule in 2011, and is competing to chair ...

Greece has one day left to clinch a eurozone bailout and a bond swap with creditors to manage its crushing debt repayments, its finance minister said Saturday, warning that talks were "on a knife ...

Saudi Arabia has played an "important role" in stabilising the oil market and supporting the global economy, International Monetary Fund chief Christine Lagarde said in a statement Saturday.Lagarde's ...

Gazprom said on Saturday it could not pump additional gas to Western Europe amid a cold snap, after EU officials and energy firms said the Russian giant's deliveries had dropped in several states."Gazprom ...

The United States said Saturday that Europe remains Washington's "partner of first resort" despite a US strategic pivot to Asia, but it urged Europe to pull its weight.In a twin effort to reassure ...

Greece has one day left to clinch a eurozone bailout and a bond swap with creditors to manage its crushing debt repayments, the finance minister said Saturday, warning that talks were "on a knife ...

Gazprom said on Saturday it could not pump additional gas to Western Europe amid a cold snap, after EU officials said the Russian giant's deliveries had dropped in several countries."Gazprom at the ...

The resignations of seven Brazilian cabinet ministers over corruption charges since President Dilma Rousseff took office are the tip of an endemic problem which experts say hobbles the country's bid for ...

Australia's foreign minister launched a fierce broadside at Europe Saturday, saying the financial crisis has caused it to turn in on itself and warning it risked an "early grave" amid Asia's ...

Energy giants ExxonMobil and OMV Petrom said Saturday they have found gas deposits in the Romanian part of the Black Sea continental shelf, a month after they began explorations in the area."The first ...

German Chancellor Angela Merkel on Saturday wrapped up a visit to China where she tried to reassure her hosts on the strength of the euro and Europe's ability to overcome its debt crisis.During her three-day ...

The United States said Saturday that Europe remains Washington's security "partner of first resort" despite a US strategic pivot to Asia, but urged Europe to pull its weight.In a twin effort ...

Greece is to resume marathon talks with European and IMF officials on Saturday as negotiations to produce a bailout deal for its crisis-hit economy by next week reached a climax.Finance Minister Evangelos ...

Battles between three Mexican billionaires over control of the lucrative telecoms sector heated up again this week, intensified by international criticism of monopolistic practices.Carlos Slim -- the world's ...

The resignation of Western Power boss Doug Aberle has sparked a political debate about who is ultimately responsible for the utility's failings.Mr Aberle announced his early retirement yesterday in the ...

Tasmanian airline TasAir Pty Ltd has gone into voluntary liquidation.Some passengers were stranded on King Island after TasAir grounded its planes.The regional airline has 23 full time and casual workers.A ...

The Tasmanian Greens leader has indicated the party room will consider blocking the forest peace deal in Parliament.The Greens are demanding the government takes forestry off the agenda of a trade mission ...

US President Barack Obama on Saturday urged Congress to approve his plan to provide relief to millions of homeowners who are having trouble paying mortgages."In order to lower mortgage payments for ...

Eurozone finance ministers were to confer by telephone on Saturday after 12 hours of talks in Athens failed to produce a breakthrough on a deal to bail out Greece, the Greek finance minister said.Evangelos ...

A drop in the unemployment rate to its lowest in three years propelled the Dow Jones industrial average Friday to its highest close since before the 2008 financial crisis. The Nasdaq composite index hit ...

German Chancellor Angela Merkel on Saturday wrapped up a visit to China where she tried to reassure her hosts on the strength of the euro and Europe's ability to overcome its debt crisis.During her three-day ...

Indian cricket was hit by a major crisis on Saturday when the long-time sponsor of the national team pulled out over differences with the board.The Sahara group of companies, which has been a cricket sponsor ...

New figures from the United States show there has been an unexpected drop in unemployment.In a burst of job growth, the US economy added almost 250,000 jobs in January, pushing unemployment down to 8.3 ...