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US auto sales deteriorated further in October as General Motors warned the industry was on track for its worst month in 25 years.

THE two private equity firms involved in a $3 billion takeover bid for APN News & Media less than 18 months ago appear to be out of the running.

TELSTRA has finally capitulated in its $100 million bid to build a home-grown search engine.

ONE of the names most associated with the avaricious financial engineering models torched by the global credit crisis has left the stage.

RIO Tinto chief executive Tom Albanese says Chinese commodities demand has continued to fall over the fourth quarter.

THE Australian dollar closed 1.7 per cent firmer as strong gains on the local share market.