JavaScript disabled. Please enable JavaScript to use My News, My Clippings, My Comments and user settings.

If you have trouble accessing our login form below, you can go to our login page.

If you have trouble accessing our login form below, you can go to our login page.

Business

World Business

Regulation

EU won't ring-fence big banks: report

A Euro sign.

4:35pm The European Union is set to drop financial reforms that would force big banks to ring-fence their retail departments from riskier investment operations, reports say.

Tapering

Central banks split on stimulus in 2014

Janet Yellen

12:46pm The united stimulus front of central banks is starting to splinter as 2014 dawns.

US

Bernanke strikes upbeat note in swan song

Bernanke's remarks charm the markets (Thumbnail)

Despite trimming its bond-buying stimulus, the Fed remains committed to ultra-low rates, Ben Bernanke has said in what could be his last speech as Fed chairman.

China

Fox found in Wal-Mart China’s donkey meat

Good Samaritan Donkey Sanctuary near Clarence Town NSW.  Jo Anne Kokas has been rescuing donkeys since 1972, and started the Sanctuary in 1990. They have over 130 donkeys and have 86 in foster care. Photo shows, some of the donkeys.Photo by Peter Rae pmr Tuesday 19 August 2008.

Wal-Mart says it's adding DNA tests of meat it sells in China after recalling donkey products from a local supplier that authorities said contained fox DNA.

US Economy

US jobless rate falls, manufacturing accelerates

A US flag.

US factory activity held near a 2-1/2-year high in December and the number of Americans filing new claims for jobless benefits fell again last week

Media

Rupert Murdoch gives up on China with Fox’s sale of TV stake

Rupert Murdoch,

Christopher Williams Rupert Murdoch's 21st Century Fox is selling its 47 per cent stake in Star China TV, which operates three Mandarin-language television stations.

Food

Top harvests worldwide ease pressure on costs

HAN01:HANOI,12AUG97 - A Vietnamese man greases up a pig while it cooks over a charcoal fire on the side-walk in the heart of the capital August 12.  Once done the four-year-old, 16 kilogram pig will sell for just under U.S.$4 a kilo.        dm/Photo by Dylan Martinez      REUTERS

Elizabeth Campbell Consumers could be in for a treat as rises start to ease.

Economy

China manufacturing dips to three-month low in December

china

China's factory activity expanded at the slowest pace in three months in December.

Gas

Anti-trust concerns over Leviathan gas may prompt selloff

The Israeli and US companies developing the massive Leviathan natural gas field off Israel’s coast may have to sell their stake in two smaller fields to avoid being branded a cartel.

Food

Spaniards divided over new olive oil ruling

Olive oil.

Raphael Minder Tougher labelling laws mean the end for the cruet.

Commodities

Bumper coffee crop to cut prices further after three years of falls

Coffee.

Luzi Ann Javier Coffee futures lost further ground this week, capping longest run of annual declines since 1993, on concerns that a global glut will increase as crop conditions improve in Brazil.

Media

Chinese magnate wants to buy New York Times

Chinese billionaire Chen Guangbiao, pictured here with his canned fresh air, wants to buy the New York Times.

Shan Li A spotlight-loving Chinese business mogul said Tuesday that he wanted to expand his empire into media by purchasing The New York Times.

Rural India transformed by roads and phones

An Indian girl dries rice on a highway in Kultali.

Kartik Goyal Policies to lift rural living standards are working.

US

FedEx sued by New York over cigarette 'racket'

SPRINTSCAN 001 CIGARETTES ? GABRIELE CHAROTTE / FEE APPLICABLE -  FEES LISTED BELOW
S

GENERIC PACK OF CIGARETTES CIGARETTE SMOKING GST CANCER SMOKES
S
S

 xxx COPYRIGHT GABRIELE CHAROTTE xxxxx FEE PAYABLE FOR REPRODUCTION  AS FOLLOWS 
FOR PUBLICATION IN FAIRFAX NEWSPAPERS  
$120 IF THE IMAGE IS USED INSIDE THE PUBLICATION IN B&W, $250 IF  USED ON THE FRONT PAGE OR IN COLOR OR ON THE FRONT OF A SECTION.
S

FOR PUBLICATION IN FAIRFAX MAGS  
$250 IF THE IMAGE IS USED LESS THAN FULL PAGE, $500 IF THE IMAGE IS USED FULL PAGE.  PLEASE PH 0414 626 436 TO NEGOTIATE USEAGE FEES FOR MAG COVER PAGE.
***afrphotos.com***

FedEx has been accused by New York City of taking part in a racketeering conspiracy by shipping tons of untaxed cigarettes.

US

Crocs CEO departs with private equity bailout as popularity slides

Crocs shoes. Image supplied. SHD TRAVEL DEC 30. Classification: Lifestyle/Dress/Footwear

The company that makes Crocs shoes is getting a $US200 million ($226.3 million) bailout from a private equity fund, and its CEO is retiring.

Banking

Sons and daughters: How JPMorgan wooed China’s elite

JPMorgan Chase.

Ben Protess and Jessica Silver-Greenberg After failing to secure a lucrative Chinese contract in 2009, JPMorgan’s top executives, smarting from the loss, decided the solution was to embrace their rivals’ strategy, hiring the children of China’s ruling elite.

New Zealand’s cows come home in its own commodities boom

Dairy cows, which produce milk for Fonterra Cooperative Group Ltd., stand on a farm in Alferston, near Auckland, New Zealand, on Friday, Feb. 15, 2008. Overseas shipments, which make up 30 percent of the $105
billion economy, rose at a sixth of the pace economists expected amid falling world commodity prices, while a drought forced some farmers to stop milking cows and send livestock to slaughter. Photographer: Brendon O'Hagan/Bloomberg News

MICHAEL PASCOE It’s bad enough losing the rugby, but in 2014 Australians will have to suffer Kiwis getting uppity about their economy as well.

Comments 80

Technology

Tech world trends: the innovations to expect in 2014

A sign displays the Twitter logo on the front of the New York Stock Exchange ahead of the company's IPO in New York, November 7, 2013. Twitter Inc could face volatile trade in its debut Thursday on the New York Stock Exchange, analysts said, but they remained enthusiastic after the money-losing social media company priced its IPO above the expected range. The microblogging network priced 70 million shares at $26 on Wednesday evening, above the targeted range of $23 to $25, which had been raised once before. The IPO values Twitter at $14.1 billion (8.8 billion pounds), with the potential to reach $14.4 billion if underwriters exercise an over-allotment option. REUTERS/Lucas Jackson (UNITED STATES - Tags: BUSINESS SCIENCE TECHNOLOGY TPX IMAGES OF THE DAY)

AFR 09-11-2013

Jon Swartz As Apple, Twitter and Samsung compete for domination, the old guard has not yet given up in the fight for the electronic dollar.

Insurance

US airlines get insurance against terrorism and war

FILE - In this Dec. 4, 2013 file photo, President Barack Obama speaks about the new health care law during a White House Youth Summit, in the South Court Auditorium in the Eisenhower Executive Office Building on the White House complex in Washington. For two months, the talk was all about computer code. About response times. About glitches and bugs. With the website improving and tech chatter settling down, the conversation about the Affordable Care Act, or Obamacare, is turning in other directions _ with an aggressive assist from political forces on the left and right. (AP Photo/Carolyn Kaster, File)

Alan Levin, Jodi Schneider, Washington Coverage extended for four carriers that otherwise would have lost it at the end of the year.

Automotive

Hyundai replaces US unit CEO after sales growth lags

Hyundai Tourer

Craig Trudell Automaker names new US CEO after sales trailed the US market's pace in the last year.

Apple CEO receives pay increase despite gains falling behind S&P; 500

Apple's Chief Operating Officer Tim Cook speaks during Verizon's iPhone 4 launch event in New York in this January 11, 2011 file photograph. Cook has been named Apple's new CEO after current CEO Steve Jobs resigned on August 24, 2011. REUTERS/Brendan McDermid/Files (UNITED STATES - Tags: SCI TECH BUSINESS)

Ari Levy Apple Chief Executive Officer Tim Cook received compensation valued at $4.25 million this year, a 1.9 percent increase over 2012, even as the iPhone maker's stock gains lagged behind the Standard & Poor's 500 Index.

Off limits, but blessed by the Fed

JPMorgan Chase.

Gretchen Morgenson Documents show how the Fed gave JPMorgan Chase a free hand to expand in businesses like electricity that are typically off limits to big banks.

Tech

Apple makes new bid for Samsung sales ban

An Apple iPhone 4S (L) and a Samsung Galaxy S III are displayed at a store in Seoul August 24, 2012. Apple Inc. scored a sweeping legal victory over Samsung on Friday as a U.S. jury found the Korean company had copied critical features of the hugely popular iPhone and iPad and awarded the U.S. company $1.051 billion in damages. REUTERS/Lee Jae-Won (SOUTH KOREA - Tags: LAW BUSINESS TELECOMS)

Apple is again seeking to ban sales in the US of Samsung products that are now no longer on the market.

Europe

UK would grow faster by exiting EU, says study

A worker shelters from the rain as he passes the London Stock Exchange in the City of London at lunchtime October 1, 2008. European policymakers have called on the U.S. Senate to approve a revised rescue plan aimed at tackling the worst financial crisis since the 1930s. REUTERS/Toby Melville (BRITAIN)

Britain will surpass France and Germany to become Europe's biggest economy by 2030, according to a study.

Economy

Argentina economy woes continue

FILE - In this Dec. 10, 2013 file photo, Argentina's President Cristina Fernandez pauses as she speaks during an event to celebrate the 30 year anniversary of the return of democracy in Buenos Aires, Argentina. A new series of investigative reports on corruption by the newspaper La Nacion are swirling around Fernandez, who ordered her personal secretary to read a blistering statement Tuesday Dec. 17, 2013 accusing the nation's leading newspapers of lying and defaming her

Katia Porzecanski Twelve years after defaulting, Argentina is still struggling to regain the trust of its people.

Credit

US corporate borrowing in a purple patch

News.
Customers wait in line to purchase new iPhones at the Apple in store in Canberra.
Filed: Friday, 20 September 2013 9:17:08 AM 
Photo by Rohan Thomson, The Canberra Times

rt130920iphone-4966.jpg

Matt Robinson This year issuers took advantage of borrowing costs averaging a record low 3.83 per cent.

Comment

Japan's young guns beat the drum for innovation

Japanese Taiko Drummer. Photograph by istock. Image can be re-used.  SHD TRAVEL AUGUST 23 TAIKO DRUM.  
Drum, Taiko Drum, World Music, Traditionally Japanese, Japan, Musician, Music, Zen, Japanese Ethnicity

AFR 11-10-2013

Martin Fackler An entrepreneurial spirit is challenging old ways.

Retail

UPS fails to cope with Christmas deliveries

FILE - In this Oct. 18, 2010 file photo, an Amazon.com package is prepared for shipment by a United Parcel Service (UPS) driver in Palo Alto, Calif. States could force Internet retailers to collect sales taxes under a bill that overwhelmingly passed a test vote in the Senate Monday, April 22, 2013. (AP Photo/Paul Sakuma, File)

Craig Trudell Amazon.com offers customers compensation as gifts miss Christmas.

Comments 51

Retail

Americans stay home as Christmas store traffic drops 21pc

A woman carries bags of purchases though Times Square in New York, December 23, 2013. With only two shopping days left retailers are trying to play catch up as this year has 6 fewer shopping days between Thanksgiving and Christmas than normal.    REUTERS/Carlo Allegri  (UNITED STATES - Tags: BUSINESS)

US store visits plummeted 21 per cent and retail sales dropped 3.1 per cent in the week through Saturday, signalling a lacklustre finish for the most important selling season of the year.

Tech

China deal gives Apple a big market to court

A man uses his Apple iPhone on a street in Beijing Monday, Dec. 23, 2013. Apple and China Mobile announced a long-anticipated agreement Monday to bring the iPhone to the world's biggest phone company. The iPhone, once hugely popular in China, has been eclipsed by the rise of lower-priced rival smartphones from Samsung and Chinese companies. (AP Photo/Ng Han Guan)

Eric Pfanner and Brian X. Chen Just about any way you slice it, 763 million customers is a huge potential pie.

Advertisement

Latest Business News

Most Searched Shares

Executive Style

Special offers Powered by Mozo

Small Business

Essential Guides

Mortgages

A free independent guide from SMH with expert information.

Advertisement