Greek parliament approves austerity bill to secure a second international bailout amid the country's worst riots in years.

Greek leaders have clinched a long-stalled deal on reforms and austerity measures needed to secure a bailout and avoid a messy default.

Gunns hopes to translate the cachet of its new Kiwi cornerstone shareholder into a green light for its pulp mill.

Telstra's first-half earnings of almost A$1.5 billion were a touch below analyst expectations.

Groupon reported a loss as user growth slowed from its breakneck pace, potentially signalling consumer fatigue with daily deals.

A further 15 public figures reached settlements with the British newspaper arm of Rupert Murdoch's News Corp over a phone hacking scandal.

Richard Chandler will inject A$150m into revamping Australian forestry company Gunns but faces a community backlash.

The world's biggest miner has posted a mammoth first-half profit of US$9.94b, which fell just short of market expectations.

Yahoo Chairman Roy Bostock and three other directors will step down as the struggling company ploughs ahead with an internal overhaul.

Dame Elisabeth Murdoch, mother of media mogul Rupert Murdoch, is turning 103 this week.

Greek political parties have delayed yet again making the tough choice of accepting painful reforms, seemingly deaf to EU warnings that the euro zone can live without Athens.

The Reserve Bank has surprised pundits by leaving its key rate unchanged at 4.25 per cent.

Macquarie has flagged job cuts of around 10 per cent at its investment banking arm as it foreshadows a big fall in annual profit.

Amazon.com is offering more products in stores that may benefit from hands-on interaction with shoppers.

Gina Rinehart has threatened to withdraw the family's ''ransom insurance policy'' unless they agree to keep details of legal action private.

National Australia Bank has upped the ante in the Australian mortgage rates war.

German Chancellor Angela Merkel told Greece to make up its mind fast on a painful new bailout, but political leaders delayed their decision for another day.

General Motors scored with an Armageddon-proof Chevy truck while a Clint Eastwood pep talk for America won notice for rival Chrysler during the high-stakes brand battle at Sunday's Super Bowl.

Cleaning and catering group Spotless will open its books to an interested party, pushing the deadlocked takeover back into motion.

Engineering and infrastructure firm Downer EDI's shares surged on the Australian stock exchange yesterday.