BUSINESS

Cougar Energy Ltd (ASX: CXY) said over the weekend that it is happy with the results of tests conducted by the Department of Environment and Resource Management (DERM) on the company’s Kingaroy underground coal gasification (UCG) facility in Queensland.

The Aussie dollar held onto support around 0.8750 in early offshore trade rallying back above the 88 cent handle on the back of gains in EUR/USD.

National Australia Bank Ltd. has reached an agreement with AXA Asia Pacific Holdings Ltd., AXA SA to extend the period for NAB to satisfy the concerns raised by the Australian Competition and Consumer Commission until Aug. 31.

In view of the election campaign, some important dates for investors to be aware of.In chronological order.Tomorrow we g...

A slumping US dollar, weak gold and oil, poor US consumer sentiment, weak quarterly reports and low inflation.It was a c...

Normally it's a profitable trade: buy commodities or derivatives based on them, when the US dollar is weak and then watc...

Miner OZ Minerals says it has lifted its annual gold production guidance after higher than expected production in the J...

Miner OZ Minerals says it has lifted its annual gold production guidance after higher than expected production in the J...

We've seen the outline for the coming election campaign in Australia, starting with the RBA minutes tomorrow, but the ...

The Australian Food and Grocery Council (AFGC) has become Australia's first industry association to gain membership to the Roundtable on Sustainable Palm Oil (RSPO), the world's leading not-for-profit organisation supporting sustainable use and production of palm oil.The RSPO was established by the ...

With the new financial year upon us, business information research and analysis group IBISWorld has compiled its annual list of Australian industries set to fly and fall in the next 12 months. According to IBISWorld, organic farming will be the biggest winner in 2010-2011 as Australians consider the...

The Australian share market pulled back once again today only a little with the S&P/ASX 200 index easing by 0.40pct. The market finished around 0.5pct lower this week.

The Australia 200 CFD Index finished 0.5% lower, with broad based falls across the market.

Coles and Woolworths, the major supermarket players in Australia, continue to spend huge amounts of money for marketing, of which the results will be shown when both post their sales revenues for the fourth quarter in the week to come.

Sundance Resources Ltd's (ASX:SDL) Mbalam project has received environmental approval for from the Cameroon government in West Africa, according to the iron ore explorer.

A government official in Queensland has been given the boot for not acting earlier on issues regarding contaminated water brought about by coal gasification tests done underground in South Burnett.

Synthetic gas producer Carbon Energy Ltd (ASX: CNX) said on Friday that it is willing to accept any requests for environmental study on its Queensland facility as the state’s Department of Environment and Resource Management (DERM) had hinted that it may ask for an environmental evaluation of the company’s Blookwood Creek underground coal gasification (UCG) trial plant.

West Australian gold miner Focus Minerals (ASX:FML) has reported outstanding results from initial surface reconnaissance sampling at its Treasure Island tenement in Western Australia's eastern goldfields region.

Swan Taxis, the leading taxi operator in Western Australia, has advised the firm’s shareholders to approve the takeover offer worth $38.8 million of ComfortDelGro, a transport company based in Singapore.

OZ Minerals has announced that it intends to expand its South Australia underground mining operations at Prominent Hill due to favourable changes made to the mining taxes.

The world could not expect drastic adjustments on yuan’s rate as China is set to maintain its policy of managed currency exchange rate regime, arguing that that such measure was only in consideration of the country’s long term economic interest.

CSL boosts the medical research capacities of Victoria with its announcement of the expansion of primary biotech facility worth $235 million.

The upswing in commodity prices will generate property investment opportunities in Australia's key resource regions over the next year, according to analysts.

Eugene Liu, Asset Management director of Astarra, said he thought his position as firm director was only an "honorary position" with no specific responsibilities.

The local market lacked guidance today due to mixed data from overseas markets overnight.

Australian finance, insurance, and banking corporation Suncorp-Metway (ASX:SUN) is in line for a windfall of up to $125 million from the sale of its holdings in two car insurance joint ventures, as it attempts to simplify its insurance business and increase returns.

In an apparent preparation for the looming takeover by Royal Dutch Shell and PetroChina, Arrow Energy Ltd (ASX: AOE) has been granted by the Federal Court to spin off its Dart Energy Ltd unit, in which shareholders would be entitled to one Dart shares for every two Arrow shares that they hold.

Upcoming geothermal firm Geodynamics Ltd (ASX: GDY) said on Friday that it is close to realising an operating heat exchanger which should affirm the geological model being utilised by the company on its joint venture Innamincka project in South Australia.

Two competing private equity groups are set to place their final bids on Friday for Australia's second-largest hospital owner Healthscope Ltd (ASX:HSP) in a $US1.6 billion ($A1.8 billion) deal, according to sources.