MACQUARIE Group's profit will return to more than $1 billion this year, but its shares slumped yesterday after an earnings update fell short of expectations, suggesting the investment bank is failing to fully capture the recovery in the global economy. Chief executive Nicholas Moore

Importers are struggling to cope with weakness in the Australian dollar after the 11-month rally that drove it as high as 94 US cents came to an abrupt end over the last few days. Turmoil on international markets, triggered in large part by debt default fears in parts of Europe, has fed

A company building an almost $ 100 million ammonium nitrate plant in central Queensland says it should be operational in two years. Incitec Pivot spokesman Alan Grace says the plant at Moranbah was delayed a year ago when it was one-third completed because of the financial

Dun and Bradstreet’s national business expectations survey shows employment expectations for the June quarter have jumped to 5 index points, up from a flat reading for March. The June quarter result, 31 percentage points higher than a year ago, is the strongest rebound in the 22-year history of