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Spot gold eases on stronger $US

The price of spot gold has falled 0.1 per cent on a stronger US dollar, but the metal for December delivery has risen slightly ahead of the Fed minutes.

GE launches Current subsidiary

A new subsidiary called Current aimed at new energy technologies has been created by General Electric.

US 10-year Treasury auction fetches 2.07%

The US Treasury has sold $US21 billion in 10-year bonds at a high yield of 2.07 per cent.

Michael Hill's first quarter sales up

Jewellery retailer Michael Hill International's first quarter sales are up 10 per cent, helped by new stores and betters sales.

SABMiller knocks back InBev a third time

SABMiller, maker of Foster's lager, has "unanimously rejected" a third takeover offer from Belgian-Brazilian firm AB InBev, the world's largest brewer.

Monsanto sees lower earnings, job cuts

US seed giant Monsanto's earnings outlook has came in well below the $US6.22 per share average estimate.

Clinton against Pacific trade deal

Hillary Clinton, Democratic frontrunner for the 2016 presidential election, has again broken with President Barack Obama on policy, this time on the TPP.

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