Qantas gives startups a chance to pitch ideas for airline's seamless journeys
Qantas has announced that it was looking for startups, scale-ups and digital disruptors that could pitch ideas to create seamless journeys for the airline.
Tesla Model Y render excites fans; Model 3 process time to go down significantly
While Elon Musk revealed plans of streamlining Tesla Model 3 deliveries, an interesting render of the much-awaited Model Y has surfaced online, making fans excited. Even though Tesla is currently focusing only on its upcoming electric vehicle (EV) sedan, it has not stopped fans from speculating about the Model 3 crossover.
ASIC assures public naming of banks that breaches background checks
The Australian Securities and Investments Commission (ASIC) has warned financial advice firms that they would be publicly named and shamed if they do not background check their financial advisors.
Ivanka Trump’s fine jewellery discontinued, offers less costly charms
Amid reports that sales of her brand have surged last month, Ivanka Trump’s fine jewellery line is shut down to focus on more accessible price points.
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Muffin Break and Jamaica Blue partner with Fair Work Ombudsman in workplace compliance partnership
Muffin Break and Jamaica Blue has partnered with the Fair Work Ombudsman (FWO) to make a public commitment to ensure workplace compliance.
Qantas to open upgraded lounges at Brisbane Airport
Qantas has announced that it would open its new Domestic Business Lounge and Premium Lounge Entry on March 14 at the Brisbane Airport.
David Jones unveils redesigned two-level store with a cafe in Sydney
David Jones has unveiled its redesigned two-level store in Macarthur Square Shopping Centre in Sydney.
Sephora opens first Brisbane store with Beauty Studio in April
Sephora has announced that it would open another Australian store at Westfield Chermside in April.
Qantas and Air New Zealand launch A4ANZ to reform travel issues
Air New Zealand and Qantas has launched an industry group that would tackle public policy issues affecting Australian and New Zealand travellers.
Iron ore slips close to US$85 a tonne as inventories at Chinese ports rise
The price of iron ore is threatening to dip below US$85 (AU$112.8) a tonne. The export slipped 2.6 percent to settle at US$85.3 (AU$113.2) overnight, according to the Steel Index.
Westpac CEO Brian Hartzer disagrees public naming of executives involved in breaches
Westpac chief Brian Hartzer was the last executive to face the second round of questioning of the parliamentary on Wednesday.
Korn Ferry earns AU$503M as third quarter fee revenue
Korn Ferry International announced on Monday that it has earned $381.9 million (AU$503M) for its third quarter fiscal year 2017 revenue fee.
Iron ore spot markets stabilise following Monday's drop below US$90 a tonne
Iron ore spot markets delivered a mixed performance on Tuesday. The spot market for 62 percent fines saw an increase of 0.08 percent to reach US$89.80 (AU$118.14) a tonne, according to Metal Bulletin. This comes in the wake of prices dropping below the US$90 (AU$118.41) a tonne mark for the first time since Feb. 10.
JD Sports Australia store to open in April
JD Sports has confirmed that its Australian store will open in April.
Optus Business and Cisco announce updates on Cisco platforms, VCaaS and Contact-Centre-as-a-Service
Optus Business and Cisco has collaborated to create a smart workplace and to accelerate digital transformation on businesses and government organisations in Australia.
Navitas loses government contracts, shares down 16%
Navitas, Ltd. (ASX: NVT) said that losing government contracts could also mean reduced income of up to $14million in 2018 and beyond.
Samurais Paradise in Gold Coast allegedly paying overseas workers $8 per hour
Samurais Paradise Pty Ltd owner Shigeo Ishiyama has faced charges for allegedly paying his workers as little as $8 per hour.
Commonweath Bank, ANZ invest more in fossil fuel projects than renewable energy, report says
The four largest banks of Australia invested more in global fossil fuel projects than in renewable energy in 2016, according to finance group Market Forces. Investment in fossil fuels – $10 billion cumulatively to expand non-renewable energy – outpaces that of clean energy by as much as three times.
Airbus launches online booking tool allowing users to choose aircraft type
Airbus has launched a one-of-a-kind online booking tool that allows users to choose the type of aircraft they wanted.
Etsy reports growth in Q4 sales as it looks to introduce Etsy Studio, a market for craft supplies
Etsy, the online crafts supplier, reported significant growth in its gross merchandise sales (GMS) for the fourth quarter that ended on Dec. 31, 2016. The company’s GMS stood at $865.2 million, a jump of 16.7 percent for the same period the previous year.
Iron ore prices reach lowest level in a month, slide below US$90 a tonne mark
Iron ore prices weakened on Monday, going below the US$90 (AU$118.5) a tonne mark overnight. This comes as the lowest recording in almost a month. The price for 62 percent fines closed at US$89.73 (AU$118.14) – a decline of 1.7 percent from the previous trading day.
TK Maxx chooses 303 MullenLowe for advertising account
European retailer TK Maxx chose 303 MullenLowe to launch advertising campaigns for the retail giant’s international brands in Australia.
Mining company Rio Tinto reduces estimate of mineral resources at Argyle diamond mine
Rio Tinto is considering whether to extend the project at Argyle diamond mine, Western Australia. In light of this development, the mining company has reduced its estimate of the mineral resources at the mine.
Iron ore prices decline steeply, speculated to recover on Monday
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.
Rio Tinto shed its workforce by 4,000 last year, Australian operations heavily impacted
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.
Elon Musk replies to 10-year-old schoolgirl's letter
Tesla founder Elon Musk has replied to the 10-year-old schoolgirl's letter through a tweet sent by her father.
BHP Billiton presses for 'urgent' need of power supply change in South Australia
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.
Iron ore spot markets climb as demand for steel grows in China
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.
TK Maxx confirms arrival in Australia by rebranding Trade Secret stores
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.
Apple stock climbs to nearly US$140 following Warren Buffett's investment, price target increases
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).
Iron ore prices steady amid reports of Chinese investigations into speculative trading
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.
Optus and Pure Storage launch All-Flash Storage platforms
Optus Business and Pure Storage announced the launching of All-Flash storage platform on Tuesday.
Mining company Rio Tinto will create 300 jobs for Amrun bauxite project
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.
Etsy suffers loss in Q4, numbers cross Wall Street expectations
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.
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