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BHP shares in London earlier this week touched the lowest since 2005.

BHP dividend in Moody's sights

BHP Billiton's pledge to continually raise its dividend is looking increasingly unsustainable after Moody's flagged a credit rating downgrade.

Martin Shkreli exits federal court in New York on December 17. His defiant attitude and apparent eagerness to say things he knew would inflame people's emotions made him a target of public loathing.

'Most hated' CEO resigns after arrest

Carolyn Y. Johnson

Martin Shkreli has resigned from the pharmaceutical company he founded after being arrested on fraud charges.

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In Depth

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.

Markets

Oil hits six-year low on global glut worries

Oil-storage tanks could reach their capacity, pushing prices down to levels necessary to force an immediate halt to some production, Goldman Sachs said in a report Thursday.
Mark Shenk

Crude slid to the lowest level in more than six years in New York as a rising number of oil rigs in the US signalled the supply glut will be prolonged.

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The Economy

18 of 70 tech companies on ATO list paid no tax

From left, Microsoft's Bill Sample, Google's Maile Carnegie, and Apple's Tony King faced a Senate grilling earlier this year.
Nassim Khadem and Gareth Hutchens

Some of the biggest tech companies in the world are paying little or no tax in Australia, an analysis of the Tax Office's data release shows.

Retail

Banking & Finance

Mining & Resources

Oil hits six-year low on global glut worries

Oil-storage tanks could reach their capacity, pushing prices down to levels necessary to force an immediate halt to some production, Goldman Sachs said in a report Thursday.
Mark Shenk

Crude slid to the lowest level in more than six years in New York as a rising number of oil rigs in the US signalled the supply glut will be prolonged.

World Business

'Lies, deception, greed' lead to arrest

Martin Shkreli exits federal court in New York on December 17.
Stephanie Clifford, Andrew Pollack and Brian Robins

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

Wind-up of Sino on hold

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

The directors of Sino Australia Oil and Gas appointed administrators because it was unable to deal with an investigation by the corporate regulator.

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.

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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.

Executive Style

Money

Small Business

Business Video

International Monetary Fund head on trial

A French court orders Christine Lagarde, the head of the IMF, to face trial over her role in a payout of some 400 million euros to businessman Bernard Tapie.

Duration
00:41