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The IEA has dramatically downgraded forecasts for coal demand.

Era of strong coal demand growth 'over'

Angela Macdonald-Smith

Global coal demand has stalled in the face of "tremendous pressures" from the Chinese downturn and the drive for energy efficiency, the International Energy Agency says.

Sino Australia Oil and Gas has been in administration since May 2015.

Wind-up of Sino on hold

Sarah Danckert

Directors of the deeply "dysfunctional" Sino Australia Oil and Gas appointed administrators simply because the company was unable to deal with an ASIC investigation, a court has heard.

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Workplace

Uber and Lyft Drivers to form unions

Uber drivers in Seattle will be allowed to form unions.

Seattle's city council voted unanimously Monday to approve a bill allowing drivers for Uber, its rival Lyft and other ride-hailing apps to form unions.

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Drug firm chief arrested in securities case

Martin Shkreli exits federal court in New York on December 17.
STEPHANIE CLIFFORD, ANDREW POLLACK and BRIAN ROBINS in Sydney

Martin Shkreli, a pharmaceutical entrepreneur and former hedge fund manager who has come under fire on allegations of drug price gouging, has been arrested by US federal authorities.

China

China central bank sees growth slowing

The world's second-largest economy still faces downward pressure and the impact of fiscal and monetary policies that were rolled out this year will be evident by the first half of 2016.
Xiaoyi Shao and Kevin Yao

China's annual economic growth is likely to slow to 6.8 per cent next year from an expected 6.9 per cent this year, the People's Bank of China said in a working paper.

Good times over for China's start-ups

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Shai Oster

In May, Kungfu Bear was rated one of the five most popular on-demand services apps in China. Now the good times are over for Kungfu Bear and many of China's once-hot start-ups.

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Property Focus

Triguboff sticks with property

Harry Triguboff

Harry Triguboff sees property as among the few attractive investments in the nation amid rising rents and a "terrible" stock market.

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