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  • Murray Goulburn takes $108m Woolies hit

    Dairy co-operative Murray Goulburn will lose $108 million in revenue after Woolworths switched suppliers for some dairy products, giving Bega Cheese a contract.

    Bupa, HBF sign up to nib health directory

    Health insurers Bupa, HBF and nib have agreed to participate in the Whitecoat online health directory and customer review website.

    Oil prices remain near three-month lows

    Oil prices showed no sign of ending their downward march on Thursday, remaining at three-month lows while some observers said prices could stabilize.

    Euro rises slightly in wake of US Fed

    The euro rose slightly against the dollar on Thursday, a day after the US central bank left interest rates untouched but signaled cautious optimism.

    France's EDF backs nuclear plan but UK delays

    French energy giant EDF on Thursday approved a contested plan to build Britain's first nuclear power station in decades but the British government said it would wait before taking a final decision.

    Copper lifts on weakening $US

    LME copper prices rise one per cent as the US dollar weakens while nickel lifts on supply concern.

    Alphabet/Google revs up advertising, boosts profits

    Google parent Alphabet beat expectations Thursday with robust profit growth for the past quarter, fueled by gains from its leading online advertising platform on mobile devices.

    Amazon quarterly profit jumps ninefold to $857 million

    Online giant Amazon said Thursday profit in the second quarter surged ninefold to $857 million, lifted by cloud services as the tech giant expanded its offerings.

    Asia News Agenda Friday

    Asia news highlights on Friday.

    US stocks end mostly higher as Facebook rises

    Strong earnings from Facebook and anticipation of banner results from Amazon and Google parent Alphabet pushed US stocks mostly higher Thursday, with the tech-rich Nasdaq scoring the biggest gains.

    European stocks fall on weak earnings

    European stocks were under pressure Thursday following disappointing earnings reports, while Japanese stocks faltered ahead of a key central bank policy announcement.

    Traders' expecting fireworks from todays BoJ meeting

    Its Bank of Japan (BoJ) Day. For short-term traders very little else matters today.
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