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Govts must cut mining regulation: Rinehart
Magnate Gina Rinehart has taken aim at government over-regulation of mining during a business luncheon in Darwin.
RBS admits European stress test blunder
The Royal Bank of Scotland is the weakest performer among Britain's banks, a corrected version of European stress tests shows.
Blue diamond sells for record $US32.6m
The auction house Sotheby's says a blue diamond has fetched an auction record in New York of $US32.6 million.
China cuts interest rate by 0.25 pct point
China's central bank has cut the interest rate by 0.25 of a percentage point to 2.75 per cent.
ECB ready to ramp up asset purchases
The head of the European Central Bank says the bank will ramp up its asset purchases immediately in a bid to ward off deflation.
Forrest spends $11m on Fortescue shares
Andrew Forrest has taken advantage of his company's share price fall, spending $11 million to increase his stake in the iron ore miner.
Iron ore miner faces a perfect storm
Junior iron ore miner Gindalbie Metals is facing pressure to sell up amid falling commodity prices.
Virgin's Tiger buy approved by FIRB
The Foreign Investment Review Board has given its approval for Virgin Australia's takeover of Tigerair Australia.
SkyFii hits market, expands to Indonesia
Big data provider SkyFii wants to grow its international footprint without delay.
NAB's US business lifts profit
National Australia Bank's US subsidiary Great Western Bancorp lifted its full year profit nine per cent to $US105 million.