Saab sheds nearly a third of staff

Building approvals rose in August

Approvals for the construction of new homes rose 3 per cent in August, according to the ABS.

Virgin Australia has been given the go ahead to sell a 35 per cent stake in its Velocity loyalty program.

The ACCC has given the green light for Expedia's $700 million takeover of Wotif.com.

The Australian dollar has hit a two-week high after the release of strong local economic data.

CBA shareholders will decide if boss Ian Narev can be paid up to $4.7 million in shares as a long-term bonus

The share market has closed lower, reversing across all sectors despite strong national building figures.

Tokyo stocks have opened 1.16 per cent lower after drops on US and European markets.

The RBA says an increase in home building activity is most likely the best way to rein in house prices.

Tabcorp has received the all clear from the ACCC to buy ACTTAB in a $105.5 million deal.

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Saab sheds nearly a third of staff