Business News
Queasy Vocus in a tailspin
SHARES in Vocus Communications have plunged almost 25 per cent after the telco shocked investors with downbeat earnings guidance in the wake of a string of acquisitions.
Boral’s billion-dollar poser
THE retail shareholders of Boral have until Friday week to collectively make a near half-billion-dollar decision: do they back the company’s $3.5 billion plunge into Donald Trump’s America, asks Terry McCrann.
Rio Tinto ready to plug in
RIO Tinto chief executive Jean-Sebastien Jacques says the mining sector has lagged other industries such as automotive and aerospace when it comes to taking up technology.
Qantas alliance fails to take off
QANTAS and American Airlines have terminated plans to expand their alliance after the US Department of Transportation rejected pleas by the carriers to overturn a ban on the partnership.
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Woolies’ new weapon in grocery war
THE battle for Australia’s $90 billion grocery market is fiercer than ever. Woolworths is betting on a new partnership to help give it an edge.
Holden builds its last engine
THE “heart” of the lion brand has reached the end of the line, as Holden prepares its manufacturing shut down.
Global round-up Finance news you need to know today
BRITAIN’S new plastic five-pound note, bearing the portrait of wartime Prime Minister Winston Churchill, has fallen foul of thousands of people.
Market preview Australian market set to open higher
THE Australian market looks set to open up, after Wall Street edges higher pushing the Nasdaq to a record high.
50,000 school teachers go on strike
GOVERNMENT schools across NSW will be disrupted when up to 50,000 teachers walk off the job to attend stop work meetings.
Ridiculous start-ups that actually worked
THE best start-ups seem obvious only in retrospect. Think about how ridiculous these businesses would have looked before they exploded.
