Loading Vivek Dhar from CBA said key drivers of the higher price were low iron ore inventories among Chinese steelmakers, combined with record Chinese steel production in April. "Having record steel production means that demand for iron ore is solid," he...
There’s perhaps nobody in Sydney who has been affected by the city’s lockout laws as much as nightclub owner and self-styled “King of the Cross” John Ibrahim. When the NSW Government introduced the severe crackdown on the city’s night-life in...
A blundering waiter accidentally gave lucky diners a $AU8350 bottle of wine. The unnamed server was told to keep their “chin up” after managers at swanky Hawksmoor steakhouse in Manchester, northwest England, noticed it was down one bottle of 2001...
Good morning and welcome to Markets Live for Friday. Your editor today is William McInnes. The market is within touching distance of a fresh 11-year high and interest rate futures have continued to fall overnight. This blog is not intended as investment...
Early investors tend to buy stocks that are less than $10, SoFi CEO Anthony Noto said Thursday. They're buying up recognizable names such as Ford Motor and General Electric, two centenarian corporations that are trading on the market for just...
Customers shop at a Walmart store in Secaucus, New Jersey, on Wednesday, May 16, 2018. Timothy Fadek | Bloomberg | Getty Images Walmart is set to report first-quarter earnings before the market opens Thursday. Here's what analysts are expecting, based on...
Justice Beach said he would have found in favour of the ACCC if not for undertakings Pacific National gave the court to guarantee fair access to the terminal by new competitors. Loading The ACCC argued against the effectiveness of these undertakings, saying...
Hollywood actor Hugh Jackman stands to earn a hefty payout if the iconic bootmaker RM Williams follows through with its plan to sell the business for $500 million. Investment bank Goldman Sachs was brought in by the company’s owner, Singapore-based...
Coles is branching out into the booming health foods industry with a new brand offering of 28 products aimed at clean-eating consumers. The major supermarket says more than 40 per cent of Australians want to eat more healthily but often...
American tourists who get into trouble in Austria will soon be able to skip the embassy queue — and head to the nearest Macca’s restaurant instead. That’s because the US State Department has made a bizarre deal with McDonald’s in...
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