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Business 30 Aug 2018 | 12:00 AM Premium

Boral boosted by booming Australian infrastructure building

SYDNEY: Australia’s largest building materials supplier Boral Ltd posted a record annual profit on Wednesday, thanks to earnings from a new division in the United States and an infrastructure boom offsetting Australia’s cooling home market.

Economy 22 Nov 2016 | 12:00 AM Premium

Boral to acquire Headwaters

SYDNEY: Boral Ltd, Australia’s biggest supplier of building materials, said it would buy Headwaters Inc for US$1.8bil in cash, doubling its US presence at a time when president-elect Donald Trump plans a huge jump in infrastructure spending.

Business 21 Nov 2016 | 3:43 PM Premium

Nasdaq hits record high as Wall St rises with oil prices

NEW YORK: Wall Street rose on Monday morning, with the Nasdaq hitting a record intraday high, helped by a jump in technology shares and as higher oil prices boosted energy stocks.

India 06 Apr 2016 | 1:05 PM Premium

Ninth arrest over deadly India flyover collapse

KOLKATA6 (AFP) - A ninth employee at an Indian construction firm was arrested Wednesday following a deadly flyover collapse, police said, as it emerged workers neglected to act at the first signs the bridge was failing.

Business 13 Feb 2013 | 12:00 AM Premium

Australian shares finish flat

SYDNEY: AUSTRALIAN shares finished flat on yesterday, pausing near the 5,000 mark as investors awaited a slew of corporate earnings due this week that will likely determine whether the market continues its bullrun or suffers a correction.

World 08 Apr 2010 | 12:00 AM Premium

Growing number of Australians could shape 2010 election

CANBERRA (Reuters) - Explosive population growth is shaping as a pivotal issue for Australian elections later this year, with most voters not sharing Prime Minister Kevin Rudd's preference for a