Business News

IN THE NEWS

Fortescue to pay 9.75% on debt, CBA compensation
Friday, April 24, 2015
Fortescue will pay interest of 9.75% on $2.3 billion in debt it raised yesterday, CBA has over 4000 financial planning customers to contact and NSW storm insurance claims exceed $160 million. US/Europe market closes...and more.
S&P cut ratings on Origin, Fortescue
Thursday, April 23, 2015
Standard & Poor's has cut ratings on Origin and Fortescue on debt ratio concerns, funding cuts for the states, and Singtel delisting approved. US/Europe market closes...and more.

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INSIDE MARKETS

Aust shares higher on iron ore rally
Friday, April 24, 2015
The Australian share market closed higher led by resources companies as commodity prices rose, but with all sectors higher.

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