Billionaire James Packer has quit the board of casinos operator Crown Resorts because he is suffering from mental health issues. Mr Packer's private company, Consolidated Press Holdings, which is Crown's largest shareholder, said in a statement on Wednesday that Mr Packer had resigned from the
Stocks to watch on the Australian stock exchange: CWN - CROWN RESORTS - down 18 cents, or 1.4 per cent, at $12.89 Billionaire James Packer has resigned as a director of casinos operator Crown Resorts because ...
More than 140 million people in Africa, Latin America and South Asia could move to another part of their country by 2050 to escape the worsening impacts of climate change, unless urgent action is taken to curb global warming and help people adapt, the World Bank says. Globally, the numbers of people
Job advertising on the internet grew further in February to stand more than 10 per cent higher over the past year, led by demand for workers in Victoria and the ACT in the month. The Department of Jobs and Small Business said job adverts rose 0.6 per cent in February, following a 0.8 per cent increase
Myer's executive chairman has issued a damning indictment of the department store chain's performance under ex-chief executive Richard Umbers after it slumped to a $476.2 million first-half loss. Myer on Wednesday said it had recorded $538 million of impairments, restructuring and store closure
Australian shares have opened comfortably higher after a strong surge in oil prices gave energy stocks and the major US stocks indexes a boost. The benchmark S&P/ASX200 index was up 0.4 per cent after the first half-hour of trade on Wednesday, with mining and energy stocks particularly strong. In the
Production interruptions and challenging operating conditions have hurt Nufarm's first-half earnings, but the company remains confident it will deliver earnings growth in the full year. The agricultural chemicals supplier's underlying earnings before interest and tax fell almost 12 per cent
As a teenager working for his dad's construction business, Noah Ready-Campbell dreamed that robots could take over the dirty, tedious parts of his job, such as digging and levelling soil for building projects. Now the former Google engineer is turning that dream into a reality with Built Robotics
The Australian share market has opened higher, getting a boost from gains in energy stocks and the big miners, after the US share market closed stronger. At 1015 AEDT on Wednesday, the benchmark S&P/ASX200 index was up 24.8 points, or 0.42 per cent, at 5,961.2, while the broader All Ordinaries index
Myer has slumped to a first-half loss of $476.2 million and suspended its interim dividend after the embattled department store chain recorded $538 million of impairments, restructuring and store closure ...
A crucial Senate crossbencher is still on the fence when it comes to the Turnbull government's proposed company tax cuts. Independent senator Derryn Hinch dispelled reports he had arrived at a deal with the government to cut the tax rate for big businesses from 30 per cent to 25 per cent. The crossbencher
Agricultural chemicals supplier Nufarm Limited's net profit has fallen, impacted by $20.8 million in one-off acquisition costs. Net profit was $12 million in the six months to January 31, down from $20 ...
Politicians on both sides of the divide in Scotland have criticised a Brexit transition deal which fails to deliver full control over fishing rights, with Conservatives suggesting they could not support a final agreement unless it did so. The pro-independence Scottish National Party called the deal
NEW YORK: US stocks have closed as higher oil prices buoyed the energy sector, but another slump in Facebook Inc shares curbed gains. Facebook Inc shares were down 4.2 per cent. The social media company said on Tuesday it faced questions from the US Federal Trade Commission about how its users'
The Australian share market is expected to open slightly higher after a strong surge in oil prices gave energy stocks and the major US stocks indexes a boost. At 0700 AEDT on Wednesday, the Australian ...
Shares of Facebook have continued their downward slide as investors feared regulatory repercussions after revelations about the company's mishandling of data on 50 million users. Facebook's stock was down 5.3 per cent as of 1.10pm local time in New York trading on Tuesday, after a 6.8 per cent
The suspended chief executive of UK-based political consultancy Cambridge Analytica has claimed in secretly recorded video that his company played a decisive role in the 2016 election campaign of US President Donald Trump, Channel 4 News reports. British broadcaster Channel 4 News mounted a "sting
The Australian dollar is back below 77 US cents, under pressure from falling metals prices, amid market caution about higher US interest rates and worries about a possible trade war. At 0635 AEDT on Wednesday, ...
Wine lovers, listen up: There's a little-known gem just south of the US border in Mexico called Valle de Guadalupe. It's a bit dustier and rougher around the edges than California's prized Napa Valley, but Baja's wine country offers a relaxed, unpretentious, budget-friendly experience
ANZ has experienced further problems with one of its home loan packages, despite work to fix the processing errors and refund $69 million to 400,000 customers. The bank has made a number of changes to its Breakfree home loan package and linking offset accounts, after the problems that meant customers
Embattled department store chain Myer is expected to reveal a big fall in its first half profit on Wednesday, hot on the heels of being dropped from the list of Australia's top 200 listed companies. Myer, which is reportedly considering former David Jones boss Paul Zahra as the successor to departed
A working group made up of councils and waste industry stakeholders will be named this week to look at how best to roll out the Queensland government's proposed waste levy. State cabinet has signed off on resurrecting the levy to deter companies from shipping waste north because it's cheaper
The Reserve Bank believes above-average employment growth can continue over coming months based on recent business surveys on hiring intentions and job advertisements. The central bank's minutes of its March 6 board meeting released on Tuesday also noted people looking for work had been significantly
Britain's information commissioner says she is using all her legal powers to investigate the handling of millions of people's personal Facebook data by the social media giant and by political campaign consultants Cambridge Analytica. Commissioner Elizabeth Denham is pursuing a warrant to search
Rio Tinto will sell two Queensland coal projects to global mining giant Glencore for $1.7 billion. The deal involves the sale of Rio's 82 per cent stake in the Hail Creek mine in the northern Bowen Basin and its 71 per cent stake in the undeveloped Valeria project in the central Bowen Basin. Rio