Result Page 18 for Latest Business News & Archive

The seal of the U.S. Securities and Exchange Commission hangs on the wall at SEC headquarters in Washington, D.C., June 24, 2011.

Meme Coins Are Not Securities, SEC Says In Major Development For Scam-Ridden Segment

Meme coins, a controversial segment in the broader blockchain industry, are not securities, the SEC declared Thursday, ending years of questions about the legal status of the tokens.

Australian Employees Can Claim Compensation For Injuries: Know Your Work-From-Home Rights

Work from home essentials are needed to ensure work productivity even when working outside the office during this pandemic.

The coverage extends to include injuries occurring during authorized breaks, such as lunch or short rest periods throughout the workday.

Ally Fashion Collapses: 185 Stores And 1000 Staff Impacted Across Australia

The Federal Court of Australia on Friday ordered the company to close due to financial difficulties. The process began in November 2024 when Ginninderra Properties, a commercial property group, filed for the action, as stated in a public notice by the Australian Securities and Investments Commission.

This illustration photograph taken on November 22, 2024 in Istanbul shows a coin imitation of the Bitcoin crypto currency arranged beside a screen displaying a trading chart

Stablecoins First Over Other Crypto Agenda: Senate Hearing On Digital Assets Triggers Frustration

Stablecoins took the spotlight during Wednesday's Senate Banking Committee hearing on digital assets, with Sen. Lummis noting that stablecoins will come first in terms of legislation.

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Alibaba and other tech giants have enjoyed a revival in recent months, after being hit by a long-running government crackdown

China's Alibaba To Invest $50 Bn In AI, Cloud Computing

Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing over the next three years, a week after co-founder Jack Ma was seen meeting President Xi Jinping.

AFP news Feb 25, 2025

JP Morgan CEO Jamie Dimon delivers a speech during the inauguration of the new French headquarters of JP Morgan bank in Paris

Australia's Major Banks Stick To Hybrid Work: How They Differ From JPMorgan

American banking giant JPMorgan Chase's CEO Jamie Dimon called out the Gen Z employees for being distracted during virtual meetings, such as texting and checking emails while on Zoom calls.

Sana Khan Feb 24, 2025

The yen has been weighed by comments from Japan's finance minister warning about the impact of rising bond yields

Stock Markets Rise As Alibaba Fuels Hong Kong Tech Rally

European and Asian markets rose on Friday, with Hong Kong leading the way thanks to a surge in tech stocks led by e-commerce titan Alibaba.

AFP news Feb 22, 2025

The reported proposal follows the failure of Nissan's merger talks with its rival Honda

Nissan Shares Jump 11% On Reported Plan To Seek Tesla Investment

Nissan shares surged 11 percent Friday after a report said a Japanese group including a former prime minister plans to ask US electric vehicle giant Tesla to invest in the automaker.

AFP news Feb 22, 2025

AustralianSuper Faces AU$27 Million Penalty For Overcharging Members Due To Duplicate Accounts

AustralianSuper manages over 3.5 million members and is responsible for 14.6% of all superannuation accounts in the country.

Sana Khan Feb 22, 2025

The entry into service in 2024 of the A321 XLR gave Airbus a step up over Boeing which does not have a long-range single-aisle aircraft

Airbus Profit Climbs In 2024, Aims To Accelerate Output

European aircraft maker Airbus said Thursday net profits rose in 2024 as it boosted plane deliveries and set a goal of accelerating them further.

AFP news Feb 21, 2025

Apple's iPhone is facing intense competition in China, where Alibaba Group has confirmed an artificial intelligence partnership with the Silicon Valley tech titan

Apple Adds Lower-Price iPhone 16e To Line-up

Apple on Wednesday introduced a new iPhone 16e model with a lower price tag as the company seeks to revive sales of its iconic device.

AFP news Feb 21, 2025

The ECB began raising borrowing costs sharply in July 2022 as Russia's war in Ukraine pushed up costs

ECB Rate Hikes Result In Record Loss In 2024

The European Central bank on Thursday reported a record loss in 2024 after it had aggressively hiked eurozone interest rates in response to soaring inflation.

AFP news Feb 21, 2025

Whyalla steelworks, located around 400 kilometres northwest of Adelaide. Photo taken August 26, 2023

Australia Seeks To Turn Failing Steel Plant Into 'Green' Hub

A failing Australian metals plant will be transformed into a hub for making "green iron and steel", Prime Minister Anthony Albanese said Thursday as the government stepped in with a billion-dollar rescue package.

AFP news Feb 20, 2025

Donald Trump warned he will impose 25 percent tariffs on imported cars

Stock Markets Fall As Traders Assess Latest Tariffs Volley

European and Asian markets mostly fell Wednesday after US President Donald Trump broadened his tariff threats stoking wider trade war fears.

AFP news Feb 20, 2025

Italian authorities had accused Google of failing to declare and pay taxes on advertising income generated in the country

Google Pays 326 Mn Euros To Settle Italy Tax Dispute: Prosecutor

Tech giant Google has paid 326 million euros to Italy following an investigation into alleged unpaid taxes, Milan prosecutors said Wednesday, as they recommended criminal proceedings be dropped.

AFP news Feb 19, 2025

Superannuation Rides Market Boom: Growth Funds Up 2.2% In January

The positive start to 2025 follows a strong 2024, with the median balanced fund delivering an 11.1% return for the year. Those who invested in high-growth funds, which allocate 96-100% to equities, saw a 3.1% gain in January alone.

Vidhya CK Feb 19, 2025

The Rise Of Congruent Leadership And Its Impact On Business Success

Let's hear from six thought leaders who are practicing congruent leadership today and learn about the impact it has had on their businesses.

Chris Gallagher Feb 19, 2025

Satoshi Stacker: The Entrepreneur Building A Digital Utopia

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.

Chris Gallagher Feb 19, 2025

Digital giants like Meta have recently muscled in to the world of subsea cables

Meta Plans Undersea Cable To Link Five Continents

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.

AFP news Feb 19, 2025

Argentina's President Javier Milei faced criticism after promoting a cryptocurrency whose value soared and then fell sharply

Cryptocurrency Promoted By Argentina's Milei Crashes

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".

AFP news Feb 18, 2025

Reports that Alibaba co-founder Jack Ma would meet China's top brass this week provided extra support to Chinese markets

European Markets Rise Ahead Of Ukraine War Talks

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.

AFP news Feb 18, 2025

Sam Bankman-Fried had turned FTX into the world's second largest crypto exchange platform before it all came crashing down

AUSTRAC Cracks Down On 13 Crypto And Remittance Firms, Warning Them To Comply Or Lose Registration

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.

Vidhya CK Feb 18, 2025

Tesla, whose electric Cybertruck is pictured, is a potential manufacturer of 'armored electric vehicles' for the US government

US State Dept Walks Back Purported $400 Mn Tesla Contract

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.

AFP news Feb 15, 2025

Donald Trump signed an Executive Order on reciprocal tariffs Thursday but his commerce secretary nominee said they might not be implemented until April, giving room for negotiations

Stocks Diverge, Dollar Dips Tracking Trump Tariffs

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

AFP news Feb 15, 2025

TSMC has plans to open three fabrication plants in the United States

Taiwan's Lai Vows More Investment In US As Chip Tariffs Loom

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.

AFP news Feb 15, 2025

Gen Z Income Expectations: Young Australians Say They Need AU$200K To Live Comfortably

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.

Vidhya CK Feb 15, 2025

Alibaba's share price has soared on news co-founder Jack Ma will meet Chinese President Xi Jinping

Alibaba Shares Soar On Reports Of Potential Xi Meeting With Jack Ma

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.

AFP news Feb 14, 2025

Sentiment was boosted after Donald Trump said he had spoken to Vladimir Putin about holding Ukraine peace talks

Stocks Mostly Rise, Oil Falls As Trump Fans Ukraine Peace Hopes

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

AFP news Feb 14, 2025

Nestle CEO Laurent Freixe expects the food group to move 'in the right direction'

Nestle Sales Beat Forecast After Price Hikes

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.

AFP news Feb 14, 2025

Reducing Carbon Footprints In Construction: Strategies For Developers And Contractors

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

Wu Jun Feb 13, 2025

Federal Reserve boss Jerome Powell said the bank was not in a hurry to cut interest rates

Stock Markets Gain Before US Inflation Data

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

AFP news Feb 13, 2025

Gen Z's Retirement Planning: Here Is Why Superannuation Should Not Be Overlooked

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

Vidhya CK Feb 13, 2025

Rex Airlines Could Become Government-Owned If No Private Buyer Steps Forward

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

Sana Khan Feb 12, 2025

Gold prices have pushed to fresh records and have topped $2,900 for the first time

Global Stocks Mixed As Tariff Uncertainty Looms

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.

AFP news Feb 12, 2025

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