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Wall Street dropped on firming prospects for a December rate hike.

8@eight: Trump takes centre stage again

The local stock market is set to rise at the open, with futures suggesting an eight-point move higher, while the dollar should provide support for resources.

Rupert Murdoch's media giant 21st Century Fox has agreed to take over European broadcaster Sky PLC.

Murdoch reaches $19.8b deal for remainder of UK's Sky

Rupert Murdoch's 21st Century Fox said Thursday that it had reached a deal to take full control of the British satellite television giant Sky, paying about $14.8 billion for the rest of the shares it does not already own.

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Market calls: what was right and wrong in 2016?

Market participants were often completely wrong when predicting political events. Even if they predicted the correct outcome, they certainly failed to call how the market would react, while others have been quite accurate. (This video was produced in commercial partnership between Fairfax Media and IG Markets)

Bellamy's is facing another two potential class actions.

Bellamy's faces two more class actions

Besieged infant formula business Bellamy's is facing two more potential class actions after ACA Lawyers and Slater & Gordon announced they were both investigating shareholder claims against the Launceston-based operation.

Analysts have criticised the company's latest capital raising

Santos slumps on latest share raising

Santos stock has slumped below the price of its latest $1.5 billion share placement, which came just a matter of months after the troubled oil and gas group appeared to signal it would not need to tap investors for more funds.

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