Iron ore spot markets saw a steep decline on Friday. By the evening, however, they had swung around. As a result, there are speculations that suggest the fall may unwind on Monday.
Leo Oliver
Mar 06, 2017
Commonwealth Bank of Australia (CBA) wealth manage group executive Annabel Spring has revealed that CommInsure staff used Google to test 1.5 percent of insurance claimants for fraud.
Michelle Mapa
Mar 04, 2017
Mining giant Rio Tinto slashed its workforce by as many as 4,000 workers globally in 2016. The Australian operations were the most affected as part of the move.
Leo Oliver
Mar 04, 2017
Qantas and American Express has agreed to upgrade the credit card's rewards system that would boost the points earned by the cardholders.
Michelle Mapa
Mar 04, 2017
The Organisation for Economic Cooperation Development (OECD) has warned that expanding household debt could bring about a recession. The findings come in the organisation’s first review of the Australian economy since August 2014.
Leo Oliver
Mar 03, 2017
Tesla founder Elon Musk has replied to the 10-year-old schoolgirl's letter through a tweet sent by her father.
Michelle Mapa
Mar 03, 2017
Mining giant BHP Billiton has called for an “urgent” need to address a change in the power supply. As part of this, the company said large power generators should be “incentivised” to provide adequate baseload electricity in a short term.
Leo Oliver
Mar 03, 2017
Iron ore spot markets bounced back on Thursday. However, it is expected that the upward trend may start falling on Friday, as Dalian futures suffered a heavy slide overnight.
Leo Oliver
Mar 03, 2017
The Commonwealth Bank (CBA) has agreed to reimburse the superannuation after the Finance Sector Union (FSU) brought up that the bank should repay the entitlement to part-time workers.
Michelle Mapa
Mar 03, 2017
TK Maxx has confirmed its arrival to the Australian market in April 2017 by converting all 35 existing Trade Secret stores into TK Maxx shops.
Michelle Mapa
Mar 02, 2017
Victorian Legal Aid executive director Dan Nicholson has warned clients affected by a faulty debt-recovery system that their confidential information will be disclosed when they speak publicly.
Michelle Mapa
Mar 02, 2017
Australia has been able to narrowly avert a recession, the national accounts data revealed. The statistics, revealed on Wednesday, show that the Australian economy climbed by 1.1 percent in the last quarter.
Leo Oliver
Mar 02, 2017
Australia’s mining and metals sector enjoyed an impressive 2016 with the total number of deals increasing. According to a report from global accounting and consulting firm EY, an escalation of 31 percent was witnessed in the Australian mining M&A deal volume.
Leo Oliver
Mar 02, 2017
Apple stock jumped by more than 2 percent during trading hours on Wednesday. With this, and following price target increases and Warren Buffet’s investment, the tech giant reached a high of US$139.99 (AU$182.6).
Leo Oliver
Mar 02, 2017
Iron ore futures returned to a steady trend as markets did next to nothing. This comes amid reports that Chinese regulators were looking to probe into speculative or "non-conforming" trading activity in the nation’s commodity futures market.
Leo Oliver
Mar 02, 2017
Westpac was facing allegations for breaching responsible lending practices.
Michelle Mapa
Mar 02, 2017
Optus Business and Pure Storage announced the launching of All-Flash storage platform on Tuesday.
Michelle Mapa
Mar 01, 2017
Commonwealth Bank of Australia (CBA) and Airtasker has teamed up to increase users' reputation as users handle their business.
Michelle Mapa
Mar 01, 2017
Mining company Rio Tinto announced it will employ as many as 300 indigenous people on its Amrun bauxite project in Far North Queensland. During the course of the project, the company hopes to achieve the indigenous employment target of 20 percent.
Leo Oliver
Mar 01, 2017
Etsy has posted a loss of US$21.4 million (AU$27.9 million) in its fourth quarter. The crafts supplier said it sustained a loss of 19 US cents on a per-share basis. Earnings, when adjusted for non-recurring costs, stood at 3 US cents per share.
Leo Oliver
Mar 01, 2017
Apple received two price-target increases on Tuesday. This comes as the release of the much awaited iPhone 8 draws near.
Leo Oliver
Mar 01, 2017
NBN announced on Tuesday that its Fibre-to-the-Curb (FTTC) technology would roll out to 700,000 homes in the suburbs of Melbourne and Sydney.
Michelle Mapa
Mar 01, 2017
Iron ore spot markets witnessed a downslide on Tuesday, according to reports. This comes at the heels of an investigation of speculative trading activity in China’s commodity futures market.
Leo Oliver
Mar 01, 2017
Apple could sell more of its highly anticipated iPhone 8s, according to estimates from Mizuho. The tech giant could end up selling more than 10 million more sets than previously forecast.
Leo Oliver
Feb 28, 2017
Australian shares witnessed an increase on Tuesday, helped largely by buying in financial stocks. The S&P/ASX 200 index increased 0.5 percent (or 26.5 points) to reach 5750.5 points. Meanwhile, the benchmark on Monday had seen a downslide of 0.3 percent.
Leo Oliver
Feb 28, 2017
CEO Andrew Thorburn announced on Tuesday that former NSW premier Mike Baird would join NAB to perform as the Chief Customer Officer of the Corporate and Institutional Banking.
Michelle Mapa
Feb 28, 2017
If latest reports are to be believed, Tesla Model 3 will be further delayed. Goldman Sachs analyst David Tamberrino downgraded Tesla to “sell” from “neutral,” this led to panic as shares dropped on Monday after the downgrade.
Ritwik Roy
Feb 28, 2017
Telstra and Ericsson have teamed up for Australia's LTE-Broadcast (LTE-B) to further enhance the mobile video customer experience.
Michelle Mapa
Feb 28, 2017
Iron Ore Company of Canada (IOC), majority-owned by Rio Tinto, will be working on the Wabush 3 project. The company announced its plans after securing a C$79 million (AU$78.04 million) investment approval.
Leo Oliver
Feb 28, 2017
Marriott International has planned to open a 128-room hotel in Hobart in 2018.
Michelle Mapa
Feb 28, 2017
