This is what climate change tastes like
Its makers admit this beer tastes terrible, but say you'd better get used to it.
World Business
Cinderella's new moral: Be rich or be a pumpkin
Lynn Stuart Parramore 10:47 AM At first glance, Kenneth Branagh's remake of the classic Disney film seems to offer a sunny romp through the magic kingdom. But a closer look reveals a troubling economic message.
What to study to make a fortune
9:48 AM Choosing the right degree at university may be the first step to your first billion.
Google to pay new CFO more than $70 million
9:34 AM Google has said it would pay its new Chief Financial Officer, Ruth Porat, more than $70 million through a combination of restricted stock units and a biennial grant.
Janet Yellen says Fed will increase US rates slowly
Binyamin Applebaum 8:16 AM The Federal Reserve chairwoman says the Fed plans to raise interest rates more slowly than during past recoveries because of the unusually fragile condition of the US economy.
Apple's Tim Cook to donate his $1b fortune
Apple chief executive Tim Cook is joining the roster of the very rich who are giving away their wealth - once he's paid for his nephew's education.
Australian businesses neither use nor know about trade agreements
Peter Martin A new survey has revealed that most Australian businesses neither understand nor use the existing free trade agreements.
Morgan Stanley to Google: women narrow the gap
Carol Hymowitz Tech giants like Apple, Google and Facebook are taking their financial talent from Wall Street.
The eurozone is becoming a no-go zone
Yannos Papantoniou The eurozone is rife with structural weaknesses and that is not sustainable.
ACCC keeps its eye on Heinz-Kraft merger
Madeleine Heffernan Australia's competition watchdog is monitoring the global food giants' merger for any possible consequences for Mondelēz, Kraft's spin-off that owns brands such as Ritz and Cadbury in Australia.
Forget when the Fed will raise rates - the problem is how
Liz Capo McCormick and Matthew Boesler For all the talk about when Federal Reserve policy makers are going to raise interest rates, they haven't quite figured out how to do it as the market is awash with excess cash reserves.
Kraft a menu at the Buffett buffet with Warren's latest deal
Zachary Tracer Warren Buffett's taste for junk food - namely Cherry Cokes and ice cream - is well known. His latest deal, the merger of Kraft Foods and H.J. Heinz, adds some intriguing possibilities to a day spent eating an all-Berkshire diet.
Kraft agrees to merge with HJ Heinz
Craig Giammona and Matthew Boyle Kraft Foods Group will merge with HJ Heinz in a deal orchestrated by 3G Capital and Warren Buffett's Berkshire Hathaway.
Chinese drinkers down more than Aussies, Brits, Irish
Lauren Davidson China’s rapidly growing middle class has created a new nation of boozers.
Fonterra readies for new equity fund launch as profits fall
Tim Binsted New Zealand dairy giant Fonterra has cut its dividend forecast as it reported a 16 per cent drop in half-year profit to $177.7 million.
Hutchison to buy UK's O2 for $US15.3 billion
Amy Thomson and Rodrigo Orihuela Billionaire Li Ka-shing's Hutchison Whampoa Ltd is preparing to create the UK's biggest wireless provider by customers.
Private equity firm 3G Capital said to be in talks to acquire Kraft Foods
Jeffrey McCracken Brazilian private equity form 3G Capital is in advanced talks to acquire Kraft Foods and merge it with ketchup maker H.J. Heinz, a person with knowledge of the matter said.
Orange juice enters bull market with biggest rally since 1998
Marvin G. Perez Orange-juice futures have posted he biggest three-day rally in 16 years as fruit prices rise amid mounting concerns over crops in Florida, the world's second-biggest producer.
War of the Wynns rocks casino empire
Steve Friess The battle between the Wynn Resorts' divorced co-founders Stephen and Elaine Wynn over their casino empire is escalating, bringing up allegations that involve James Packer's latest foray into Las Vegas.
Singapore ripe for rethink on Lee's economic model
William Pesek As Lee Kuan Yew leaves the scene, it's Singapore's turn to confront questions about whether it can still compete.
China March flash HSBC PMI contracts to 11-month low
Activity in China's factory sector dipped to a 11-month low in March as new orders shrank, a private survey showed, signalling persistent weakness in the world's second-largest economy.
Fraud raises question over Apple Pay security
Hayley Tsukayama and Sarah Halzack A sharp rise in reports of fraudulent Apple Pay transactions is now raising questions about the security of the first mobile payment system to find a measure of popular success.
Arnold Schwarzenegger muscles in on wristwatch market
Corinne Gretler Arnold Schwarzenegger has embarked on a business endeavor that may surprise fans of his movies more than aficionados of timepieces.
Disney CEO kept Steve Jobs's cancer a secret
Tim Higgins Walt Disney CEO Bob Iger knew early on that Steve Jobs's cancer had returned and kept it a secret for three years, a new biography reveals.
Five amazing things we've been promised 'within five years'
Mark Milian Self-driving cars, killer robots, delivery drones: Five years may seem like an arbitrary time frame to promise delivery of a controversial, unproven product, but it turns out to be a sweet spot for business leaders' technology predictions
Kazakh uses toilets to hedge against ruble fallout
When the ruble plunged 37 per cent in the first half of December, Kazakh businessman Marat Mukhamedov spotted an opportunity: Russian toilets.
Gold loses century of pricing tradition to technology
Eddie van der Walt Almost a century of tradition will disappear as technology takes over: Today is the last day that traders at four banks agree by phone twice-daily on prices used by miners to central banks to deal and value gold.
Eclipse switching off solar panels to test Europe's power grids
The eclipse due to bring most of Europe into deep shadows on Friday morning will put an unprecedented strain on the region's electricity grid, turning off thousands of solar panels essential to power supply and rocking electricity markets. The moon will cross in front of the sun, blocking about 80 per cent of its light across Europe from 8 am to 11 am London time. In Germany, the eclipse will briefly turn off thousands of panels, which provide about 40 per cent of the nation's power on the most sunny days.
Frankfurt burning: Anti-capitalism protesters clash with police near ECB
Rhea Wessel and Jack Ewing Protesters set cars on fire and clashed with police officers Wednesday as they marched toward the European Central Bank's new headquarters, in a demonstration against austerity and capitalism that took on a heated tone.
Janet Yellen isn't going to raise rates until she's good and ready
Neil Irwin The Yellen Fed has no intention of taking the support struts of low interest rates away until she is absolutely confident that economic growth will hold up without them.
The fallen angel of emerging markets
Mark Mulligan When former global soccer champions Brazil were humiliated in last year’s World Cup semi-final, most saw it simply as an over-hyped outfit being thoroughly outplayed by a well-disciplined German squad. Some, however, called the 7-1 drubbing a metaphor for the fading economic and political fortunes of the country.
