Today's Business News & Views

A glass of water from the tap just isn't cutting it any more, as Australians guzzle more bottled water than ever.

The home of Sydney's most expensive bottled water

Thirsty, you may justify forking out $2 for a bottle of "purified" water. But the industry sees you as simply buying plastic.

George Osborne had been Chancellor of the Exchequer since the Conservatives won office in 2010.

Why austerity measures don't work

What if the prime minister sacked the treasurer and promised to govern for everyone, not just those near the top?

Turkey's lira fell the most in eight years as the coup unfolded.

Turkey coup hits markets

Turkey's lira plunged the most in eight years, an exchange-traded fund tied to the country's shares declined and U.S. Treasuries ticked higher after Turkey's army said it seized power and President??Recep Tayyip Erdogan asserted that he remains in control. U.S. stock futures slipped.

Coca-Cola is concentrating on the breakfast sector.

Coca-Cola coffee and milk are on the way

Coca-Cola Co. is planning to sell packaged arabica coffee beans to Brazilian consumers as the world's largest soft-drink producer expands in breakfast beverages.

The window on curbing climate change is more narrow than many realise, a new study argues.

Shades of grey in stand-off over super emissions

COMMENT

Being seen to be a responsible company has become big business, both financially and reputation-wise.

Gutnick is once again a diamond in the rough

In his many legal disputes, Joseph Gutnick has always relied on Australian courts, even when dealing with his own close-knit religious community. Now those same courts may come back to bite him.

US shares have added almost $US2 trillion since June 27 as the benchmark index climbed 8 per cent.

S&P; 500 slips after rally

US stocks closed flat, with the S&P; 500 Index slipping to halt its longest rally in four months.

Citigroup's second-quarter net income dropped to $US4 billion, or $US1.24 a share, from $US4.85 billion, or $US1.51, a ...

Citigroup profit falls less than expected

Citigroup's profit outlook remains challenging for the rest of this year and next.

"Swatch particularly hasn't adjusted its cost base and that is why it is suffering from such huge negative leverage," ...

Swatch drops as profit outlook dims

Swatch plunged as the watchmaker warned of a collapse in profit and cut sales guidance for the year.

Crude-steel output expanded 1.7 per cent to 69.47 million metric tons last month from a year earlier, according to data ...

China rolls out record steel in June

China churned out a record amount of steel daily in June as mills unexpectedly boosted supply.

The S&P 500 fell 0.2 per cent to 2159.01 at midday in New York. If the index closes higher, it will mark a fifth ...

Global equities lower, $US advances

US stocks slipped and the greenback rose as data bolstered optimism in the US economy.

The ACT government is trying to attract low-cost, budget airlines such as Jetstar to Canberra.

Hundreds stranded as Jetstar grounds second flight in south-east Asia

Hundreds of Jetstar passengers are stuck in Singapore after the low-cost carrier grounded a second overseas flight in 24 hours.

AOC sues Telstra over 'I go to Rio' ads

Telstra is facing legal action over claims its latest ad campaign, 'I go to Rio', has deceived the public into thinking it is a sponsor of the Australian Olympic team.

Leigh Sales and her panel put in a marathon effort on a drawn-out election night.

Suck on that: Canberra’s favourite TV

As the ABC's Leigh Sales might say: suck on that commercial TV.

The basics of Pokenomics: cashing in on a phenomenon

IN DEPTH

What started as a smartphone game born from a 2014 April Fools' Day prank is now creating business opportunities that simply did not exist last month.

Bob Jane has declared himself bankrupt, owing millions to the Tax Office and other creditors.

Bob Jane bankrupt after Harold Mitchell debt chase

Tyre king Bob Jane has been forced into bankruptcy after Harold Mitchell, his mate of four decades and one of Australia's most prominent businessmen, pursued him over a $200,000 debt.

Cutting costs and exiting wealth management and institutional banking are required to prosper in the next phase of ...

Investing in major banks is set to 'change profoundly'

The banks may have to trim staff numbers by 10 per cent just to tread water in a new, dull, low-profit era, say Citi analysts.

Think twice before throwing open the government coffers

COMMENT

Labor's Mediscare will have a benefit if it causes our politicians to think twice before they resort to 'outsourcing' the provision of government services.

Markets are not a big fan of uncertainty.

ASX powers to 11-month high

The ASX has climbed its way to an 11-month high, capping off a seven-day winning streak spearheaded by strong gains for the banks.

IMF head Christine Lagarde: "The greatest challenge we face today is the risk of the world turning its back on global ...

Turn away from globalisation world's top challenge: IMF

The risk of countries turning their back on global co-operation is the biggest challenge facing the world, says IMF managing director Christine Lagarde.

'Diamond' Joe Gutnick has declared himself bankrupt.

Gutnick's trail of debt leads to convicted US fraudster

EXCLUSIVE

One of men caught up in the $275 million bankruptcy of high-profile mining mogul Joe Gutnick is a well-known New York rabbi and convicted fraudster with close ties to the millionaire's family.

Markets Live: ASX makes it lucky seven

Live

Banks drive solid weekly gains as shares reach 11-month highs.

The premium Whitehaven's thermal coal sells at has reduced over the past year.