Wall Street firm J.P. Morgan analysts said that Amazon Prime Video would spend US$6 billion (AU$7.9 billion) to increase the number its video-on-demand service's content.
Michelle Mapa Apr 13, 2017
TPG Telecom has entered the mobile network market in Australia after securing premium spectrum in the 700 MHz band at a government auction.
Michelle Mapa Apr 13, 2017
An updated report about underpaid superannuation has been handed to senate inquiry by former federal treasury director of the retirement income modelling taskforce Phil Gallagher.
Michelle Mapa Apr 12, 2017
A recruitment drive carried out by NBN Co. to employ workers to construct the national broadband network in Perth will lead to creation of jobs. Through its “Active Job Seeker Campaign,” the company seeks to employ people with experience in sectors including mining, boatbuilding, road and bridge construction, electricity distribution and transmission and electronic and precision equipment repair.
Leo Oliver Apr 12, 2017
United Airlines' biggest shareholder Warren Buffet lost up to more than $90 million on Tuesday after the disturbing video of the airlines went viral.
Michelle Mapa Apr 12, 2017
Australia is looking to back a concessional loan of almost $1 billion that will be used for constructing the world’s largest coal mine. The loan to Indian conglomerate Adani Group comes as the Carmichael project has been affected by protestors citing environmental concerns.
Leo Oliver Apr 12, 2017
Iron ore continued to undergo a downslide on Tuesday. This comes as spot markets recorded a decline for the fourth session in a row. As Chinese futures remained on the lower side, the probability of the decline to extend into Wednesday looks likely.
Leo Oliver Apr 12, 2017
Wells Fargo has announced that it was taking back US$75 million (AU$99 million) from ex-CEO John Stumpf and ex-community bank unit head Carrie Tolstedt.
Michelle Mapa Apr 11, 2017
The United Airlines faced another controversy after a disturbing video went viral on social media.
Michelle Mapa Apr 11, 2017
Iron ore has made an entry into the bear market, with analysts forecasting further weakness of Australia’s largest export. As noted by Metal Bulletin, the spot price for benchmark 62 percent fines declined by another 1 percent to reach US$74.71 (AU$99.52) a tonne on Monday.
Leo Oliver Apr 11, 2017
Queensland’s coal exports are expected to see an improvement later in the week. Following the disaster left behind in the wake of Cyclone Debbie, repair work of rail links responsible for transporting millions of tonnes of coal to port is underway.
Leo Oliver Apr 11, 2017
Payday loan firm Wonga has warned its customers for the suspected illegal and unauthorised access to their accounts.
Michelle Mapa Apr 10, 2017
Coking coal market has witnessed a supply gap following the effects caused by the disastrous Cyclone Debbie. The thermal coal producers will be endeavouring to close this gap by altering their thermal supplies to fulfil the demands of the steelmakers.
Leo Oliver Apr 10, 2017
Iron ore spot markets fell heavily on Friday, marking the first biggest decline in terms of percentage in more than a year. As noted by Metal Bulletin, the spot price for benchmark 62 percent fines slid by a considerably large margin of 6.76 percent to settle at US$75.45 (AU$100.47) a tonne.
Leo Oliver Apr 10, 2017
Amazon has been planning to create 5,000 virtual customer service jobs that would allow them to work anywhere.
Michelle Mapa Apr 08, 2017
Tesla Model 3’s biggest mystery has been its interiors. Now, certain blurry spy shots have provided a sneak peek into its interiors, and fans are more than happy. For the first time they have got a nice glimpse of their beloved vehicle mush before it is released.
Ritwik Roy Apr 07, 2017
Qantas inflight Wi-Fi has now switched on for customers travelling through the airline's Boeing 737-800 aircraft.
Michelle Mapa Apr 07, 2017
YouTube has announced its new policy that would protect video creators.
Michelle Mapa Apr 07, 2017
Prime Minister Malcolm Turnbull will give India the assurance of providing coal, uranium, gas and renewable energy technology. The recommitment will come as Turnbull and Indian Prime Minister Narendra Modi will meet in Delhi on April 10.
Leo Oliver Apr 07, 2017
Australia is inching closer to signing a free trade deal with the European Union. The development comes following a conclusion of what has been called a “scoping exercise.”
Leo Oliver Apr 07, 2017
Chinese iron ore futures sustained a downfall on Thursday evening. This raises the likelihood of spot markets showing weaker performance on Friday.
Leo Oliver Apr 07, 2017
Rio Tinto Iron Ore said in a statement that its development projects will lead to the creation of as many as 1,000 jobs. This comes as Western Australia’s new Premier Mark McGowan referred to the financial situation of the state as “the worst since the Great Depression.”
Leo Oliver Apr 07, 2017
Emirates has introduced a loan service to first and business class passengers bounded to the US.
Michelle Mapa Apr 07, 2017
Vessel Yangtze Harmony, which marks the introduction of a new player in Australia’s livestock exporting sector, has started its first voyage. The ship, carrying as many as 12,500 sheep, is currently headed for Oman.
Leo Oliver Apr 06, 2017
Optus and Yes TV by Fetch Multiroom have launched new broadband plans that would match the lifestyle of their customers.
Michelle Mapa Apr 06, 2017
Facebook is cracking down on “revenge porn” big time. It’s taking a series of steps to stop such images from spreading. The steps also include a process wherein Facebook will prevent users from reposting intimate images shared without the subject’s consent.
Ritwik Roy Apr 06, 2017
Iron ore spot markets bounced back to climb upward on Wednesday. The news comes as trade resumed in China following a four-day holiday.
Leo Oliver Apr 06, 2017
Coal prices experienced a sharp spike in the wake of the deadly Cyclone Debbie, which has had significant impact on the mining industry in Queensland. Chinese metallurgical futures climbed by more than 7 percent to reach $255 a tonne on Wednesday. This sets the highest recorded level for the prices since December.
Leo Oliver Apr 06, 2017
Not much action was seen in the iron ore spot market on Tuesday as China celebrated the Tomb Sweeping Festival holiday. While there was marginal betterment on Tuesday, the prices continue to trend below $80 a tonne.
Leo Oliver Apr 05, 2017
Coking coal market witnessed a significant spike on Monday, escalating by as much as 15 percent to settle at $175.70, according to Steel Index. The gain was seen as the largest since May 2013.
Leo Oliver Apr 05, 2017
