Qantas customers claim $105m compo over COVID credits
A $105 million pot could be shared among hundreds of thousands of Qantas customers after the carrier settled a class action over COVID-19 flight credits.
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Renewables growth energises spending as inflation rises
Capital expenditure has been rising fast in Australia as the treasurer warns stubborn inflation will mean savings are needed in the budget.
Qantas shares nosedive amid weak international demand
Qantas shares flew high in early trading but then faltered and plunged to a three-month low after Australia's biggest airline delivered mixed half-year results.
Rio Tinto misses profit view on iron ore challenges
Weaker iron ore prices have dug into mining giant Rio Tinto's underlying profit, although stronger copper prices cushioned the blow.
Cochlear crashes in latest earnings season carnage
Hearing device manufacturer Cochlear has suffered a 19 per cent sell-off after posting weaker-than-expected half-year earnings and trimming its guidance.
Amazon cuts 16,000 jobs in the latest round of layoffs
Amazon has told staff it plans to cut around 16,000 jobs globally as part of efforts to streamline operations and reduce bureaucracy across the business.
U-turn: Ford takes $US19.5b hit, retreats from EVs
Ford is backing away from plans to manufacture large electric vehicles, citing lacklustre demand.
Nvidia results beat estimates amid AI bubble jitters
Chip giant Nvidia beat Wall Street's expectations for revenue and upcoming sales, easing fears about AI spending that have jolted the US stock market recently.
Christmas bookings bring good tidings for pub giant
Australians look set to open their wallets over the festive period with hospitality giant Endeavour Group projecting strong Christmas pub bookings.
BHP liable for 2015 Brazil dam collapse, UK court rules
BHP can be held liable over the 2015 collapse of a dam in southeastern Brazil, London's High Court has ruled.
Protests and price drops: mining giant faces challenges
Protesters have disrupted a meeting held by one of Australia's largest coal mining companies but bigger challenges could come from global price fluctuations.
‘Eye off the ball’: Woolies lays blame for limp results
A string of "distractions" are the reason why Woolworths failed to deliver for shareholders, the company's leaders say.
Coles puts heat on Woolworths with strong sales growth
Supermarket giant Coles continues to take market share from key rival Woolworths, posting stronger quarterly sales growth than its bigger competitor.
Workers threatened with weapons as retail crime spikes
Retail crime is worsening with a drastic number of Bunnings and Kmart workers threatened with violence every month, parent company Wesfarmers says.
Mining boss skewers Trump over moves against renewables
Renewable energy is taking over from oil, coal and gas, an Australian mining magnate has told shareholders, and efforts to hold back the trend are misguided.
Largest smelter could close in ‘national interest’ blow
Rising energy costs could force Australia's largest aluminium smelter to shut, but leaders have promised to do everything possible to keep it going.
Tough decisions on closures to help Bega’s bottom line
The closure of a cheese factory in Victoria and a peanut business in Queensland at a cost of 450 jobs will help Bega Cheese boost its earnings.
Origin takes heat over coal-fired power station
Moving from coal-fired power stations to renewable energy projects could take longer than expected, a retailer has warned, amid delays and high costs.
Lovisa CEO denies misconduct allegations at Smiggle
Billionaire businessman Solomon Lew has made sensational allegations against the fired CEO of his back-to-school chain Smiggle, who is now the boss of Lovisa.
BHP set to appoint first female CEO: report
The world's largest mining company BHP is expected to appoint the first female leader in its 140-year history, according to a report.
Crunch time for Star despite narrowing full-year loss
Uncertainty continues to swirl around Star Entertainment Group's future after the struggling casino operator posted another significant full-year loss.
Shoppers check out of Woolies as Coles registers gains
Shoppers are switching supermarket brands with Woolworths losing sales to arch-rival Coles as the giant chains post contrasting financial results.
Glencore scraps plan for New York listing, flags cuts
Glencore says it will keep its primary listing in London, shelving a possible move to New York.
Novo Nordisk warns of layoffs as pressure mounts
Danish pharmaceutical giant Novo Nordisk, Europe's most valuable company, is eyeing potential cost-cutting measures.
Trump’s man in London backs AUKUS partnership
The new US ambassador to Britain says AUKUS, the trilateral security pact between Australia, Britain and the US, is "vital to the world".
NAB’s $3.6b earnings top expectations but risks remain
National Australia Bank has reported a slight rise in interim earnings and says it's in good shape despite the economic threat posed by US tariffs.
Star secures lifeline to unload entertainment precinct
Star Entertainment Group will exit its ownership and management of the Queen's Wharf Brisbane integrated resort and hospitality precinct.
Nearing collapse, Star hopes for last-minute bailout
Star Entertainment Group shares have fallen to a three-week low as the casino company said it anticipates receiving a last-minute bailout offer.
Domino’s shares battered as store closures hit profits
Domino's Pizza's Australian boss has promised improved profitability after the fast food chain shuttered hundreds of under-performing stores across its network.
Billionaire founder retakes control of his $32b company
Richard White has been named executive chairman of WiseTech Global, four months after stepping down as CEO amid an inquiry into his conduct.
Coles gains on Woolies, grabs sales during rival’s woes
Coles estimates it scored $120 million in extra sales during a 17-day strike by Woolworths workers, as it announces superior sales growth than its big rival.