| News Headlines |
| 'Standover tactics': Seven accused |
| Dozens
of unhappy Nexus Energy shareholders have turned up a meeting in
Melbourne to vote on a 2¢-a-share takeover offer from Kerry Stokes's
Seven Group Holdings,. |
| Jobless rate steady at 5.8% |
| The
flat unemployment rate in May is raising expectations that the jobless
rate may have peaked, but there are fears it is unlikely to improve this
year as mining construction winds back. |
| Australia's millionaire middle class |
| Surging
equity markets created 43,000 new millionaire households in Australia,
increasing wealth at the rate of more than $1 billion a day during 2013. |
| Markets Live: Jobs wobbles |
| Shares
have run into further softness following an unchanged unemployment
figure for May, with the major banks still the greatest drag. |
| |
 |
| |
| News Headlines |
| Asian shares retreat, oil near three-month high |
| Asian
shares slipped on Thursday after Wall Street shares stepped back from
record levels, while growing violence in Iraq supported oil prices. |
| UCWeb buy may raise Alibaba IPO valuation: UCWeb CEO |
| Alibaba
Group Holding Ltd's full acquisition of Chinese mobile browser firm
UCWeb and subsequent merger may create a higher valuation for Alibaba's
coming U.S. listing, UCWeb Chief Executive Yu Yongfu said at a group
media interview on Thursday. |
| Twitter considers management shake up: Re/code |
| Twitter
is considering a shake-up in its top management, including a possible
shift in the duties of Chief Operating Officer Ali Rowghani, technology
news site Re/code reported, citing sources familiar with the matter. |
| U.S. healthcare data points to much weaker first-quarter GDP |
| The
U.S. economy likely contracted at a much sharper pace in the first
quarter than previously estimated with data on Wednesday showing weaker
healthcare spending. |
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