Latest Business News

Uber recently tapped the debt market for $US2 billion.

US judge delivers blow to Uber

With a class-action settlement with drivers over their employment status knocked back, questions remain over the future of the ride-hailing app's business model.

The mining industry is well positioned to act with more discipline in the next commodity price upswing which, according ...

Adani mine clears another legal hurdle

​Indian mining giant Adani has overcome another legal challenge to its planned Carmichael coal mine, with the federal court rejecting a man's native title claim.

The GLNG venture shipped its first cargo from Gladstone last year.

Santos plunges to $US1.1b loss

Santos has plunged to a net loss of $US1.1 billion for the first half, dragged down by a heavy write-down on its new liquefied natural gas project in Queensland that it flagged earlier this week.

It seems Medicare is paying the price for the scandal over its customer treatment.

Medibank Private's health scare

Australia's largest health insurer, Medibank Private, has given investors a pretty worrying prognosis: industry growth is weakening and it is losing market share. The treatment? It's time to look after customers.

 Lend Lease new offices at Barangaroo tower 3,in Sydney, Australia.

Lendlease unveils double-digit growth

Global developer and infrastructure group Lendlease has unveiled a 13 per cent rise in net profit to $698.2 million, based on high residential settlements, the current construction boom and rising forward contracts.

ANZ Bank is the only big four bank so far that has signed up for Apple Pay.

Watchdog defers decision in banks' stoush with Apple

The Australian Competition and Consumer Commission has not granted permission to three of the big banks to form a bloc in their negotiations with Apple over its digital payments service, but the decision is not final.

It's been a week to forget for Australia's big four banks.

Moody's warns it may downgrade banks

One of the world's two major credit ratings agencies has revised its outlook on Australia's banks to negative, citing concerns about their profit growth.

SolarCity reduced salaries of its two co-founders - CEO Lyndon Rive, pictured, and Peter Rive, chief technology officer ...

SolarCity slashes CEO's pay to $US1

SolarCity, the solar panel company that Elon Musk's Tesla Motors plans to buy, is cutting the salary of its two co-founders to $US1 amid planned layoffs.

Gawker.com will close next week.

Gawker.com to shut down next week

Gawker Media Group said on Thursday that it would shut operations of online news and gossip website Gawker.com next week, ending a 14-year run.