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Chevron selling $5b stake in Caltex

US energy giant Chevron is looking to sell its $5 billion stake in oil refiner and distributor Caltex Australia.

Skydive company has sky high ASX debut

Skydive the Beach, which recently had a customer in her 90s, added $10 million to its market value within the first 10 minutes of its share market listing.

Iron ore industry poised for big shake-up

The Australian iron ore industry is set for a major shake-up as the world's biggest miners continue flooding the market while margins tighten

Australians are loyal shoppers - survey

Most Australian shoppers rarely venture beyond 10 different store or websites and 85 per cent tend to stick to the same spending patterns, a survey shows.

EnergyAustralia fined for sales tactics

EnergyAustralia is the latest utilities group to be fined because of aggressive salespeople, receiving a $1 million penalty in court.

Economic slump presents chance for reform

A leading economist says the economy is in bad shape, with a 50/50 chance of recession, meaning now is the time to make big changes.

Evolution talks with Egyptian billionaire

Evolution Mining is in talks to buy Egpytian billionaire Naguib Sawiris' Frog's Leg Gold Mine at Kalgoorlie.

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