Newcrest Mining has told a proxy advisor it engaged in a bidding war for Sandeep Biswas' services prior to hiring the former Rio Tinto man as its managing director.
Boart Longyear has confirmed that private equity and distressed debt firm Centerbridge Partners will take control of the fiscally challenged driller in a deal worth over $US300 million ($342 million).
Global investment banks are challenging the ASX’s dominance over the clearing and settlement of trades in Australia in a battle over whether fees in Australia are out of step with global settings.
Local shares are poised to open lower as US stocks retreated on concerns about Boeing and shootings in Canada's capital.
Origin Energy chief executive Grant King has flagged expectations for "significant growth in earnings" in the 2015-16 year and beyond, but has pointed to a lower contribution this year from oil and gas production.
Telstra is aiming to make its relaunched eHealth division one of the company's top revenue generators within five years.
The head of the corporate regulator has backed away from comments he made that described Australia as a 'paradise' for white-collar criminals.
Australia’s financial regulator has completed a “comprehensive” stress test of the biggest banks and believes lending standards are being stretched because major banks are competing aggressively on home loans.
The new mining company that BHP Billiton plans to spin-out could get off to a flying start if production data published on Wednesday is any guide.
The next time you get mad at Telstra's call centre staff for having poor English, there is a 50 per cent chance you should aim your rage at Perth and not Mumbai or Manila.