BUSINESS

With a vision that transcends traditional business, Stacker is aiming to create a self-sustaining, decentralized digital society where governance, finance, and innovation operate independently of traditional institutions.

Facebook and Instagram parent company Meta has said it will lay an undersea cable stretching across five continents to carry data, including for developing artificial intelligence.

Argentina's President Javier Milei admitted making a mistake on Saturday after promoting a cryptocurrency whose value soared and then crashed, with his office announcing an "urgent investigation".

European markets rose on Monday as defence stocks surged ahead of a meeting between European leaders to address Washington's shock policy shift on the war in Ukraine.

Over 50 more companies were under investigation for potential non-compliance, as AUSTRAC was wrapping up a year-long effort to tackle underreporting and non-reporting of suspicious transactions in the industry.

The US State Department backtracked Thursday on a document saying it would award $400 million for electric armored cars by Tesla, whose chief Elon Musk has been aggressively slashing government spending on behalf of President Donald Trump.

Stock markets diverged and the dollar dipped Friday as traders tracked US President Donald Trump's latest tariff announcement, economic data and earnings.

Taiwan will boost investment in the United States and on its own defences, President Lai Ching-te said Friday, as Taipei seeks to head off US President Donald Trump's threats of tariffs on its semiconductor chips.

Many are looking at the prospect of saving for a six-figure deposit and taking on a mortgage approaching a million dollars, just to secure a small starter home in one of Australia's capital cities.

Alibaba shares soared by more than 6% on Friday following reports that Chinese President Xi Jinping was poised to meet with the tech juggernaut's co-founder Jack Ma.

Major stock markets mostly rallied, while the dollar and oil prices retreated Thursday on hopes for an end to the war in Ukraine.

Swiss food giant Nestle reported better-than-expected annual sales on Thursday, boosting its shares after the maker of Nescafe coffee, KitKat chocolate and Purina dog food hiked prices to offset inflation.

Reducing carbon emissions requires a multifaceted strategy. Targeted decisions, from selecting low-carbon materials to rethinking construction processes, can have measurable impacts.

Asian stock markets rose and there were fresh record highs for leading European indices Wednesday as attention turned to upcoming US inflation data.

Despite the clear financial benefits, research indicates that Australia's understanding of superannuation remains low.

Finance Minister Katy Gallagher said that people in regional and remote Australia should have access to dependable, affordable, and convenient air travel.

European and Asian markets struggled for direction and gold hit a fresh high Tuesday as traders kept a nervous eye on Donald Trump's next tariff moves.

Britain's BP on Tuesday said its annual net profit slumped 97 percent last year, as the struggling oil and gas giant pledged to "fundamentally reset" its strategy.

Cryptocurrencies are volatile and have no intrinsic value, making them risky assets. If the value of Bitcoin or Ethereum drops sharply, borrowers could lose their collateral.

US President Donald Trump's use of tariffs as a blunt weapon to extract concessions on everything from commerce to immigration and drug trafficking could redraw global trading norms, analysts say.

E-commerce giant Amazon reported Thursday its fourth-quarter net income nearly doubled to $20 billion, driven by strong holiday sales, but its outlook for the coming quarter came in less than hoped for by analysts.

Global stock markets and the dollar diverged Friday as investors awaited US jobs data for signs of possible cuts to interest rates in the world's biggest economy.

Nick was enjoying his Saturday off work in Pennsylvania when he received an unexpected and alarming message: cryptocurrencies, buoyed since Donald Trump's November 5 election win, were in freefall.

Russia reported strong economic growth for 2024 on Friday as record spending on the military offensive against Ukraine outweighed the impact of Western sanctions.

According to Pattern managing director Merline McGregor, despite the initial excitement, many shoppers have found the quality of products and delivery times to be unreliable.

Stock markets rose Thursday on easing trade tensions and thanks to some strong company earnings, analysts said.

Nissan's board is in the process of abandoning merger talks with Honda and could be open to other partners, a source close to the matter told AFP on Thursday and local media reported.

The EU on Thursday told online fashion giant Shein to hand over information on risks linked to illegal products on its site, paving the way for a second probe into the Chinese-founded firm.

The top exchanges in the country stand out for their combination of low fees, robust security, and a broad selection of cryptocurrencies.