| Good afternoon, The Australian sharemarket has pared its opening losses as investors bet an impotent Iran won’t close the world’s key shipping route. Supermarkets loathe talking about tobacco sales , but Metcash boss Doug Jones has broken ranks, bluntly detailing sales figures to show how law enforcement efforts to stop illegal sales have failed, writes Eric Johnston. A former employee of TerraCom who blew the whistle on the miner's alleged rigging of coal quality results says he was misled into believing he would get compensation from a court case brought by Australia’s corporate cop. | 
