Market Wrap: Aus shares close 0.78% higher
21 May 2012 - Aus shares close 0.78% higher. Qantas (ASX:QAN) confirmed it will cut of 500 engineering jobs and close its heavy maintenance base at Tullamarine.

Intra Energy (ASX:IEC): RIU Sydney Resources Round-up
Intra Energy Corporation Limited (ASX:IEC) Executive Chairman, Graeme Robertson discusses African coal for African growth at the RIU Sydney Resources Round-up.

Midday: Aus shares up 0.5%
21 May 2012 - Aus shares up 0.5%. Syrah Resources Limited (ASX:SYR) will divest its interest in Syrah’s Saudi Arabian subsidiary.

Orica to build chemical plant in WA
21 May 2012 - Orica Limited (ASX:ORI) has partnered with worldwide chemical company Yara and Apache to build an ammonium nitrate plant in the Pilbarra region.

Elders H1 earnings up
21 May 2012 - Elders Limited (ASX:ELD) has generated a net profit of $40.5 million for its first-half results ending March 31 this year, returning the company to profitability.

Greece still the centre of focus. Merkel's austerity plan looking isolated, following G8
21 May 2012 - Another tough day for markets on Friday, although the Euro did rebound from it lows to finish near session highs. Aud and Kiwi, not so lucky and looking heavy. Greek and Spanish concerns continue to damage sentiment, although G8 leaders have urged for Greece to remain in the Euro. Heavy data week ahead.

Rio Tinto rethinks Pilbara expansion
21 May 2012 - Rio Tinto Limited's (ASX:RIO) chief is reportedly cautious about expanding its iron ore production in Western Australia.

James Hardie boosts FY earnings
21 May 2012 - James Hardie Industries (ASX:JHX) has posted a full-year net profit of $613 million.

Buy, sell or hold - what should I do?
21 May 2012 - Investment advisor James Gerrish takes a technical look at S&P 500, S&P ASX200, US ten year bonds, China Shanghai Index, Spanish ten year bonds, Italy ten year bonds, ANZ, TLS, BWP, MIN.

GrainCorp to announce HY profit
21 May 2012 - GrainCorp Limited (ASX:GNC) will be posting its half-year profit this week with the grains handler under pressure to declare a special dividend to shareholders.