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iiNet sells TransACT for $9m (The West Australian)

Internet service provider iiNet says it has sold its TransACT's fibre-to-the-premises business in the ACT to NBN Co for $9 million in cash with trailing commissions.

Solar plane set for new leg of US trip (AFP)

LOS ANGELES (AFP) - The first-ever manned airplane that can fly by day or night on solar power alone was set to soar early Wednesday on the second leg of its journey across the United States.

Iluka earnings to fall (AAP)

Mineral sands miner Iluka says earnings are set to fall but prices for its commodities have stabilised.

Adelaide Brighton lowers expectations (The West Australian)

Cement and lime manufacturer Adelaide Brighton expects net profit in 2013 to be flat or slightly below 2012 levels because of the effects of weak demand and the carbon tax.

Rinehart still tops rich list despite $7b loss (The West Australian)

It takes a special kind of wealth to lose more than $7 billion in a year and still top a list of the nation's richest people.

Gina tops rich list for third year (AAP)

Mining magnate Gina Rinehart is still our richest person despite losing $7 billion in wealth as the mining boom slows.

China's Ai Weiwei launches musical career with heavy metal "Dumbass" single (Reuters)

By Maxim Duncan
BEIJING (Reuters) - Dissident Chinese artist Ai Weiwei made his first foray into the musical world on Wednesday with the release of the top single from his debut album, ...

Coalition flags ATO shake-up (The West Australian)

A coalition government will consider breaking up the tax office to separate its policeman functions from its tax administration role.

China arrests 13 over protest 'rumours' (AFP)

BEIJING (AFP) - Chinese authorities have arrested 13 people for Internet posts that sparked a rare protest in Beijing, highlighting tensions between officials and migrant workers, police said.

U.S. prosecutors consider using racketeering law against SAC - source (Reuters)

By Emily Flitter
NEW YORK (Reuters) - U.S. prosecutors are considering charging Steven A. Cohen's SAC Capital Advisors as a criminal enterprise engaged in a long pattern of insider trad...

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