Business
Shares close 3.6pts higher

The share market overcame a soft start to end the day slightly higher as strength among miners and utility companies offset weakness for the energy producers...

Business News
Vales Point power station privatisation put before auditor-general

The $1 million sale of a coal-fired power station by the NSW government has been referred to the state's Auditor-General after it emerged the plant's...

The Age Business
Leaked police memo about PM's security sparks accusations of collusion between ABC and Labor

Memo suggested police operations were compromised by the need to protect Malcolm Turnbull's Point Piper mansion...

The Age Business
Public-relations woes may be catching up with Uber

UBER has had a tough year. It has fired staff on the back of sexual-harassment allegations and faced reports of a hostile workplace culture. It has been sued for allegedly ste...

The Economist
Asian shares hover near recent highs; NZ$ at five-month lows

SYDNEY (Reuters) - Asian shares held near recent decade highs on Tuesday and major currencies kept to narrow ranges, while the New Zealand dollar stumbled to five-month lows a...

Reuters Business
Customers complain of 'phantom' gas bills from energy suppliers

Customers say they have received ''phantom'' gas bills for a meter that is no longer on her property...

The Age Business
Portal highlights why small business matters

Subiaco-based association Small Business Matters is hoping to encourage Western Australian shoppers to buy locally with a new online portal to pinpoint smaller retailers, ahea...

Business News
Cardinal secures equity deal

Africa-focused gold explorer Cardinal Resources has attracted an equity deal through brokerage firm Clarus Securities for a $C12 million ($A12.2 million) investment in the bus...

Business News
Abacus spends $43m on Todd Road office

Abacus Property group run by industry veteran Frank Wolf has snapped up a fully-leased Port Melbourne office for $43.5 million...

The Age Business
WA reviews pharmacy ownership laws

The threat of corporate discount pharmacies on small, family-run businesses has triggered a review of pharmacy ownership laws in Western Australia...

Business News
Found, a can at the end of the road

OPINION: With one eye on re-election and afraid of making tough calls, politicians have ignored a number of crises that will profoundly affect their constituents...

Business News
Exclusive: Mexico telecoms regulator to vote on letting Slim's America Movil charge rivals

MEXICO CITY (Reuters) - Mexico's telecommunications regulator is discussing a proposal that would allow billionaire Carlos Slim's America Movil to st...

Reuters Business
'Shocked' Lew takes aim at Myer board

Solomon Lew has launched a new attack on the board of Myer and called on shareholders to help him oust the department store's directors at next month&#039...

Business News
Markets Live: ASX stalls as banks weigh

Shares are in a holding pattern as banks continue to ease ahead of their earnings results, while the Productivity Commission makes some bold calls on how to boost the economy...

The Age Business
Microsoft to drop lawsuit after U.S. government revises data request rules

(Reuters) - Microsoft Corp said it will drop a lawsuit against the U.S. government after the Department of Justice (DOJ) changed data request rules on alerting internet users...

Reuters Business
ASX in holding pattern as banks slip

The Australian sharemarket consolidated around the 5-1/2-month high it hit late last week as a two-week run of gains runs out of puff...

The Age Business
AMP Capital tower attracts interest

AMP Capital has secured 17 commercial tenancies in the 12 months since launching the revamp of its 30-storey building on 140 St Georges Terrace...

Business News
With Vegemite already in the pantry, Bega Foods poised to grow further

The dairy and food company Bega Cheese has signalled its willingness to make further acquisitions and expand, telling shareholders fresh opportunities for growth would inevit...

The Age Business
Doing the heavy lifting: investors eye tech-tonic shifts for Europe’s industrials

LONDON (Reuters) - Investment funds seeking to invest at the intersection of Europe and technology are finding rich pickings in places that some may find surprising: sprawling...

Reuters Business
Amazon rivals turn to legal fine print to stem Whole Foods strategy

SAN FRANCISCO (Reuters) - Whole Foods Market met a new foe this summer during talks to lease a top retail space in a San Francisco mall: the Target next door...

Reuters Business
Toshiba considering measures in case chip unit sale not completed by March

CHIBA CITY, Japan (Reuters) - Japan's embattled Toshiba Corp said on Tuesday it is considering various measures in case it cannot complete the $18 billion sale o...

Reuters Business
Airbnb's China head exits, a week after co-founder named unit's chair

BEIJING (Reuters) - The head of Airbnb Inc's China business has resigned four months after taking the role, the company confirmed on Tuesday, the latest leadershi...

Reuters Business
Motor racing: No halo but IndyCar could see screen next year

MEXICO CITY (Reuters) - Indycar has ruled out using a head protection device similar to Formula One's halo but a screen could yet be introduced some time next sea...

Reuters Business
Future earnings trump FAANGs overvaluation

A rotation out of tech stocks has pre-empted US earnings season, and while some analysts are lowering estimates, fund managers are still bullish...

The Age Business
Larger apartments may provide a marketing edge

Property developer Edge Visionary Living has tapped into an appetite for larger apartments in Perth’s established suburbs, with its Eden Floreat project achieving close to $...

Business News
Heineken bets on motor racing for Asian payout

MONZA, Italy (Reuters) - Heineken is betting on Formula One to help it reclaim the title of leading global lager from Budweiser, a strategy that depends on broadening the spor...

Reuters Business
Melbourne land values surge while Sydney tops $1000 a square metre

The median price of residential land in Sydney has topped $1051 a square metre setting a new benchmark...

The Age Business
Asian shares hover near recent highs; NZ dollar slips

SYDNEY (Reuters) - Asian shares held within striking distance of recent decade highs on Tuesday and major currencies kept to narrow ranges, while the New Zealand dollar fell a...

Reuters Business
Kobe Steel plant that supplied plane components being checked

TOKYO (Reuters) - Japanese authorities are conducting safety checks at a Kobe Steel Ltd aluminum plant that supplied components for a domestically built passenger aircraft, th...

Reuters Business
Schaffer sells Urbanstone to Brickworks

Industrial business Schaffer Corporation has sold its Urbanstone manufacturing subsidiary to Brickworks for $13.5 million...

Business News
Retailers becoming more positive

Western Australian retailers are becoming more positive about business conditions in the year ahead, according to a recent survey by the Commonwealth Bank of Australia, with o...

Business News
The economics of 'Fairtrade': is it worth the mark-up?

I don't know about you but I'm willing to pay a little more to ensure suppliers are treated fairly, but I also don't want brands in the...

The Age Business
Will the ASX run into a bear market wall?

Rather than celebrating the ASX's recent spectacular year-long run, strategists are questioning whether it will continue - and what to do if things turn sour...

The Age Business
Toshiba says considering measures in case chip unit sale uncompleted by March

Chiba, JAPAN (Reuters) - Toshiba Corp is considering various measures in case it will not be able to complete the $18 billion sale of its prized chip unit by the end of March,...

Reuters Business
Avenira raises funds for phosphate project

Phosphate explorer Avenira has announced plans to raise up to $15 million from investors, while flagging another ‘significant’ capital raising in the coming year for its B...

Business News
Avenira taps investors for phosphate project

Phosphate explorer Avenira has announced plans to raise up to $15 million from investors, while flagging another ‘significant’ capital raising in the coming year for its B...

Business News
Fletcher Building in trading halt

Fletcher Building shares have been placed in a trading halt at the company's request, as the construction giant considers the financial performance of one of its...

The Age Business
Domino's pays $42m to buy out Japan stake

Domino's Pizza is taking full ownership of its Japanese joint venture by buying out partner Bain Capital's minority stake for $42 million...

Business News
Dreamscape buys Sydney firm

Local company Dreamscape Networks has entered into an agreement to acquire Sydney-based Enetica Group for $4.4 million in cash...

Business News
US law firm launches class action against Rio Tinto

An American law firm based in Seattle has filed a class action lawsuit against Rio Tinto over the giant miner's failed investment in a Mozambique coal project whi...

The Age Business
Amazon says studio executive Joe Lewis resigns

(Reuters) - Amazon.com Inc on Monday said Joe Lewis, the head of comedy and drama at its entertainment studio unit, has stepped down, but gave no reason for his resignation...

Reuters Business
U.S. law firm files class suit against Rio Tinto over Mozambique coal

SYDNEY (Reuters) - A U.S. law firm has filed a class action suit against mining giant Rio Tinto, which is facing U.S. Securities and Exchange Commission (SEC) fraud charges st...

Reuters Business
Kobe Steel plant under inspection: transport minister

TOKYO (Reuters) - One of the Kobe Steel Ltd plants at the heart of a product data cheating scandal is under inspection, Japan's transport minister said on Tuesday...

Reuters Business
Fashion retail staff spend thousands of dollars on work 'uniforms'

A study has found retail workers are spending money out of their own pockets to promote the fashion brands they sell...

The Age Business
Markets Live: Pharmacy vending machines on PC wish list

Shares are in a holding pattern as banks continue to ease ahead of their earnings results, while the Productivity Commission makes some bold calls on how to boost the economy...

The Age Business
Markets Live: Chemist vending machines on PC wish list

Shares are in a holding pattern as banks continue to ease ahead of their earnings results, while the Productivity Commission makes some bold calls on how to boost the economy...

The Age Business
Sirtex chairman Richard Hill says it was 'very difficult' to let ex-CEO Gilman Wong go

The board of troubled ASX-listed biotechnology group Sirtex found it "very difficult" to let go of its former chief executive, Gilman Wong, according...

The Age Business
Future Fund ahead of annual target, falls short in September quarter

The Future Fund has posted a below-target return for the September quarter, citing the increasing likelihood of global interest rate rises, but remained ahead of target on an...

The Age Business
Shares open 1pt lower

The Australian share market is trading in a narrow range in early trade with investors wary after a weaker close on Wall Street overnight...

Business News
Asian shares hover near recent highs; China Congress eyed

SYDNEY (Reuters) - Asian shares held within striking distance of recent decade highs on Tuesday even as Wall Street fell from record levels, while currencies kept to narrow ra...

Reuters Business
Exclusive: Hedge fund Baupost snaps up claims against Toshiba - sources

(Reuters) - Hedge fund The Baupost Group LLC has acquired the biggest chunk of a $2.2 billion claim that two South Carolina utilities had against Toshiba Corp following the b...

Reuters Business
British Airways passengers say bedbug-infested flight left them 'covered in bites'

Passenger Heather Szilagyi used to clean hotel rooms, so knows a bedbug when she sees one...

The Age Business
Solomon Lew threatens EGM in bid for Myer board seats

Solomon Lew has threatened to call an extraordinary general meeting to get two seats on Myer's board, after the under-siege department rebuffed his request earlie...

The Age Business
Kobe Steel plant is under inspection by Japan ministry: Kyodo

TOKYO (Reuters) - One of the Kobe Steel Ltd plants at the heart of a product data cheating scandal is being inspected by Japan's transport ministry, Kyodo News r...

Reuters Business
Nufarm to buy European portfolio for $691m

Chemical supplier Nufarm has agreed to pay $691 million for a European portfolio of crop protection products, and has its eye on another acquisition...

The Age Business
Markets Live: ASX holds firm

Shares look to be in a holding pattern as banks continue to ease ahead of their earnings results and as investors look for the next reason to buy...

The Age Business
U.S. companies act on climate despite Trump: survey

OSLO (Reuters) - U.S. companies are still among the most ambitious in setting targets to combat global warming despite President Donald Trump's plans to quit the...

Reuters Business
Solomon Lew reveals push on Myer board

Solomon Lew says Myer rebuffed his request for two seats on the under-siege department store's board, and is now encouraging fellow shareholders to vote against t...

The Age Business
U.S. SEC to require greater transparency around company audits

WASHINGTON (Reuters) - The Securities and Exchange Commission will now require companies participating in audits to disclose remarks and inquiries made by independent auditors...

Reuters Business
Boeing signs $13.8 billion deal with Singapore Airlines

WASHINGTON (Reuters) - Boeing Co on Monday signed a previously announced deal with Singapore Airlines Ltd to sell it 39 aircraft worth $13.8 billion at list prices during a...

Reuters Business
$A is again lower against $US

The Australian dollar has fallen against the US dollar...

Business News
Oil steady, on Iraq export and US rig fall

Oil prices are little changed as supply disruptions in Iraq dent exports by OPEC's second-largest producer and US drilling rates show a slowdown...

Business News
Amazon receives 238 proposals for second headquarters

Bids for Amazon's second headquarters came from all but seven US states, as well as most of southern Canada, three regions of Mexico and Puerto Rico...

The Age Business
Markets Live: ASX on the nose

Australian shares are poised for a flat open, following a slightly weaker session on Wall Street, amid a dearth of local data...

The Age Business
Google's latest iPhone rival off to a rocky start

SAN FRANCISCO (Reuters) - The launch of Alphabet Inc's second-generation Google Pixel smartphones has been hampered by display screen problems and pricing and sh...

Reuters Business
8@eight: ASX set to take a breather

Local stocks are expected to open modestly lower, with little inspiration from overseas markets...

The Age Business
Wall St. retreats from record as industrials, tech lag

NEW YORK (Reuters) - U.S. stocks declined on Monday as each of the major Wall Street indexes retreated from a record, weighed down by a drop in technology and industrial share...

Reuters Business
Saudi billionaire Prince Alwaleed sees Enron-like demise for Bitcoin

Saudi billionaire Prince Alwaleed bin Talal is joining the long line of sceptics saying bitcoin is a bubble as the digital currency continues to set record highs...

The Age Business
Wall St. retreats from record highs; tech, industrials drag

NEW YORK (Reuters) - U.S. stocks ended down on Monday, retreating from their recent run of record highs, as technology and industrial shares declined...

Reuters Business
Rio said to cover the legal fees for Tom Albanese, Guy Elliott in fraud case

Rio Tinto will cover the legal costs of its former CEO and CFO after US authorities charged them with fraud, sources said...

The Age Business
Fiat Chrysler sues shippers over alleged price fixing

WASHINGTON (Reuters) - Fiat Chrysler Automobiles NV has lodged a complaint with a U.S. regulator seeking "reparations" from a group of shipping compa...

Reuters Business
Census 2016 reveals a smarter, more professional Sydney

Sydney's workforce is dominated by professionals and managers...

The Age Business
Iphone X demand will be substantial, but not exceptional: survey

(Reuters) - Days before Apple Inc's much-awaited iPhone X opens for preorders, a survey by brokerage Bernstein showed that demand for the device will be substant...

Reuters Business
Wall St. stalls as industrials lag

NEW YORK (Reuters) - U.S. stocks were little changed, with the S&P 500 retreating slightly from a record on Monday, as a drop in General Electric weighed on in...

Reuters Business
U.S. regulators approve fix for 38,000 VW 3.0-liter diesel SUVs

WASHINGTON (Reuters) - U.S. and California regulators have approved a fix for about 38,000 Volkswagen AG 3.0-liter vehicles with potential excess emissions, a decision that c...

Reuters Business
U.S. jury finds ex-HSBC executive guilty of fraud in $3.5 billion currency trade

NEW YORK (Reuters) - A U.S. jury on Monday found a former HSBC Holdings Plc executive guilty of defrauding Cairn Energy Plc in a $3.5 billion currency trade in 2011...

Reuters Business
Tensions ease over Pratt engine supplies to Airbus: sources

PARIS (Reuters) - Airbus is more confident in the ability of Pratt & Whitney to speed up delayed engine shipments, two people familiar with the matter said on Mo...

Reuters Business
Losses in GE keep Wall Street in check

(Reuters) - U.S. stocks traded in a narrow range on Monday, with losses in industrial shares led by GE offsetting gains in healthcare and technology sectors...

Reuters Business
Ex-HSBC executive found guilty of fraud in $3.5 billion currency trade: U.S. Jury

NEW YORK (Reuters) - A U.S. jury on Monday found a former HSBC Holdings Plc executive guilty of defrauding Cairn Energy Plc in a $3.5 billion currency trade in 2011...

Reuters Business
Halliburton warns of slower growth as U.S. rig count drops

(Reuters) - Oilfield services giant Halliburton Co on Monday warned of slower growth at its oil well drilling and evaluation business, reflecting a steady drop in rig counts...

Reuters Business
Ex-HSBC executive found guilty of fraud in $3.5 billion currency trade

NEW YORK (Reuters) - A U.S. jury on Monday found a former HSBC Holdings Plc executive guilty of defrauding Cairn Energy Plc in a $3.5 billion currency trade in 2011...

Reuters Business
Fiat emissions probe centers on several models: letter

PARIS (Reuters) - A French judicial inquiry into Fiat Chrysler (FCA) over suspected emissions-test cheating centers on whether the carmaker misled buyers of Fiat, Alfa Romeo,...

Reuters Business
Fidelity Chairman's video to employees: no tolerance for harassment

BOSTON (Reuters) - Fidelity Investments Chairman Abigail Johnson on Monday delivered a direct message to more than 40,000 employees at the asset management company: There&...

Reuters Business
Wall Street pares gains as GE, tech stocks drag

(Reuters) - U.S. stocks gave up early gains in late morning trading on Monday, with losses in GE and technology shares weighing on the Wall Street indexes...

Reuters Business
Cisco buys BroadSoft for $1.71 bln in software push

(Reuters) - Cisco Systems Inc will buy software company BroadSoft Inc for $1.71 billion, it said on Monday, in a deal that boosts Cisco's collaboration tools an...

Reuters Business
U.S. regulators approve fix for VW 3.0-liter diesel SUVs: letter

WASHINGTON (Reuters) - U.S. and California regulators approved a fix for about 38,000 Volkswagen AG 3.0-liter diesel sport utility vehicles with potential excess emissions, a...

Reuters Business
EU raids Daimler and VW in widening cartel inquiry

HAMBURG/BERLIN (Reuters) - European Union and German antitrust officials searched the offices of Daimler and Volkswagen on Monday, widening an inquiry into alleged collusion...

Reuters Business
Cisco buys BroadSoft for $1.71 billion in software push

(Reuters) - Cisco Systems Inc said on Monday it will buy software company BroadSoft Inc for $1.71 billion, as the world's largest networking gear producer moves...

Reuters Business
Wall Street at record levels after Abe's election win

(Reuters) - Wall Street indexes hovered at record levels on Monday as investors cheered the continuation of "Abenomics" following Japanese Prime Mini...

Reuters Business
Apple, Samsung face new iPhone damages trial: U.S. judge

(Reuters) - A U.S. judge has ordered a new trial to determine how much Samsung Electronics Co should pay Apple Inc for copying the look of the iPhone...

Reuters Business
Apple sees its mobile devices as platform for artificial intelligence

TAIPEI (Reuters) - Apple Inc sees its mobile devices as a major platform for artificial intelligence in the future, Chief Operating Officer Jeff Williams said on Monday...

Reuters Business
Lloyd's of London estimates Maria claims of $900 mln, cuts Harvey, Irma estimates

LONDON (Reuters) - Lloyd's of London estimated net claims of $900 million for Hurricane Maria, which caused devastation in Puerto Rico last month, the specialist...

Reuters Business
Lloyd's of London estimates net claims for Hurricane Maria of $900 million

LONDON (Reuters) - Lloyd's of London estimated net claims of $900 million for Hurricane Maria, which caused devastation in Puerto Rico last month, the specialist...

Reuters Business
Wall Street opens at record after Abe election win

(Reuters) - The three major Wall Street indexes opened at record highs on Monday as investors cheered the continuation of Abenomics following the Japanese ruling party&amp...

Reuters Business
Fiat emissions probe centers on several models -letter

PARIS (Reuters) - A French judicial inquiry into Fiat Chrysler over suspected emissions-test cheating centers on whether the carmaker misled buyers of Fiat, Alfa Romeo, Jeep...

Reuters Business
Daimler, VW raided by EU staff in widening cartel searches

HAMBURG/BERLIN (Reuters) - European Union antitrust officials widened an investigation of alleged collusion between Germany's top carmakers on Monday, with both D...

Reuters Business
Wall St. to open higher after Abe's election victory

(Reuters) - Wall Street was set to open slightly higher on Monday as investors cheered the continuation of Abenomics following the Japanese ruling party's emphati...

Reuters Business
Volkswagen offices raided in EU cartel investigation: sources

BERLIN (Reuters) - The offices of Volkswagen were searched on Monday as part of a European Commission investigation of cartel allegations against several German carmakers, tw...

Reuters Business
Halliburton posts international revenue growth, unlike Schlumberger

(Reuters) - Worldwide revenues rose for U.S. oilfield services provider Halliburton Co in the third quarter, the company said on Monday, contrasting with the slide in interna...

Reuters Business
Cisco to buy BroadSoft in $1.9 billion deal

(Reuters) - Cisco Systems Inc , the world's largest networking gear manufacturer, said it will buy U.S. telecommunications software company BroadSoft Inc in a de...

Reuters Business
+ Load more