Apr 22, 2018 Last Updated 12:58 PM, Apr 18, 2018

New Entry From the Editor :

Australia close to exceeding ‘impossible’ 2020 renewable energy target

Australia close to exceeding ‘…

AusBN - A renewable energy target (RET) deemed ‘impossible’ to ...

Demand for Australian iron ore remains strong, shows fresh data

Demand for Australian iron ore…

AusBN - International demand for Australian iron ore remains as strong as e...

Santos to engage with Harbour Energy after $13.5 billion takeover offer

Santos to engage with Harbour …

AusBN - Australian oil and gas giant Santos (ASX:STO) has received a AUS$13...

Boxing Day sales likely beat forecasts

Forever 21 in SM Aura BGCAusBN - Boxing Day sales across Australia likely exceeded a A$2.3 billion forecast made by the Australian Retailers Association.

Early reports suggest that sales in New South Wales had been particularly strong thanks to shops being open on the day in more regional areas.

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Woolies expecting 35% drop in profits

WoolworthsAusBN – Supermarket Woolworths has warned investors that its first half profit could be 35% lower than the previous half, mostly due to previously announced investments pulling down margins.

This is in addition to total sales in the 14 weeks to 4 October falling 2.5% to $15.7 billion, including a 1% drop in food and liquor sales.

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