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Rydges set for InterContinental revamp (The West Australian)

The InterContinental Hotels Group will return to the top end of Perth's accommodation market in 2016 with redevelopment plans that will convert Rydges into a five-star hotel.

Fleetwood to rework Osprey deal (The West Australian)

Govt renegotiates deal with Fleetwood for half-empty Port Hedland housing development.

FMG takes axe to costs (The West Australian)

Fortescue Metals Group embarks on a drastic cost-cutting exercise.

200 Koolan workers stood down (The West Australian)

Mount Gibson Iron has stood down 200 workers on Koolan Island in the Kimberley while it assesses how to deal with a sea wall collapse that flooded the high-grade iron ore mine's pit.

BestBuy.com back online after second Black Friday outage (Reuters)

(Reuters) - Best Buy Co Inc's retail website is back online after it was down for a second time on Black Friday, the busiest U.S. shopping day in terms of sales and traffic since 2005, according to Sh...

German pilots union says fresh strikes imminent at Lufthansa (Reuters)

FRANKFURT (Reuters) - German pilots union VC said late on Friday that talks with carrier Deutsche Lufthansa over early retirement benefits have broken down and that new strikes are pos...

OPEC move puts US shale in tight spot (AFP)

New York (AFP) - In taking no action on production Thursday, OPEC did the opposite of what it usually does. It effectively rubber-stamped a supply glut that already has sent prices plunging.

EU executive draws up a new budget (AFP)

Brussels (AFP) - The EU executive said Friday it has drafted a new 2015 budget for the 28-country bloc after cost-conscious EU governments and European parliament failed to agree a deal earlier this month.

Exclusive - Einhorn: raising new money as performance lags (Reuters)

By Svea Herbst-Bayliss
BOSTON (Reuters) - Superstar investor David Einhorn is raising cash for the first time since 2012 following three straight years of lagging performance - and some...

BlackBerry gets OK to buy encryptors of Merkel's mobile (AFP)

Berlin (AFP) - Germany said Friday it had approved Canadian smartphone maker BlackBerry's purchase of data encryption firm Secusmart, whose customers include Chancellor Angela Merkel, after agreeing what media dubbed a "no-spy clause".

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