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The bitter battle for the leadership of the troubled Liberal Party has stepped up today with Joe Hockey holding private talks with Queensland MP Peter Dutton in Sydney.

Oil and gas producer Origin Energy Ltd says the federal government & #39;s proposed emissions trading scheme (ETS) should be passed in order to provide certainty.

Investors will be on the lookout for further takeover bids for Mitre 10 after Metcash Ltd made a formal proposal for the independent hardware chain on Friday.

TOKYO (AFP) – Japan’s Nissan Motor Co. is working on a lithium-ion battery that can power an electric vehicle for 300 kilometres (190 miles) on a single charge, the business daily Nikkei said Sunday.

Federal Opposition Leader Malcolm Turnbull has attacked his Liberal opponents as wreckers who are destroying the party.

Construction of a $1.8 billion iron ore project in the state’s Mid-West will officially get underway today.

NEW YORK (AFP) – Oil prices closed mixed Friday on concerns that Dubai’s call for a freeze on debt payment by a key state-owned company could derail the global recovery from recession.

MADRID (AFP) – Spain’s government on Friday approved a sweeping reform package designed to reduce its recession-hit economy’s reliance on the construction sector and usher in a more sustainable growth model.

Stocks on Wall Street have slid amid concern that financial trouble in Dubai could disrupt a global economic recovery.

Benchmark crude prices have plunged by 7 per cent in early trading, the largest percentage drop in prices since January.