Myer hit with another class action
Department store owner Myer Holdings has been hit with another class action from an aggrieved shareholder just weeks after a court found a separate class action against it was an abuse of the legal process.
Department store owner Myer Holdings has been hit with another class action from an aggrieved shareholder just weeks after a court found a separate class action against it was an abuse of the legal process.
At the start of the week, fund manager Peter Hall's stake in the investment company bearing his name was worth $39 million. By the end of the week, he reckoned it wasn't even worth a third of that as he rushed to seal a deal with Washington H. Soul Pattinson.
Many Australian shareholders will remember 2016 as the year miners roared back to life after a painfully long period in the doldrums, helping the ASX 200 to an impressive annual gain of 7 per cent.
Robot K-2SO is the undisputed star in Star War's latest installment , outacting the actors - a sign of things to come in our automated economy?
Fund manager Peter Hall confirms his resignation as chief investment officer of Hunter Hall stating personal reasons. Vision courtesy ABC News 24.
The New Payments Platform, set to go live in 2017, will change the way businesses and individuals make electronic payments.
Hard on the heels of founder Peter Hall's sudden decision to quit as chief investment officer, investment firm Hunter Hall is fielding takeover offers from other fund management companies.
Amazon is exploring the use of giant airships to serve as mobile, flying warehouses that could help the online retail giant deliver more of its goods by drone.
Gold miners look set to end the year on a bright note, while selling in blue-chip names pushes the sharemarket lower in early trade on the final, shortened session of 2016.
Struggling listed law firm Shine Corporate has lost its chief executive officer after only five months in the chair.
Last time that rates were higher in the US than in Australia, the Aussie dollar plunged as low as 48 US cents. Could it fall again this low?
A number of cases have shown career oblivion often follows corporate whistleblowing.
Markets are still behaving as if they will get the "good Trump" (tax cuts and fiscal stimulus) rather than the "bad Trump" (trade wars), despite mounting evidence to the contrary.
Britain's top share index posted its highest-ever close following a rally in precious metals miners on stronger gold prices.
Oil prices dipped overnight after a surprise increase in US inventories eased optimism about the outlook for the global glut.
The European Central Bank's best effort to boost inflation may simply fall short, exposing the limitations on policymakers.
Equity cycles persist, and selling just because price-earnings ratios are high has repeatedly proven a mistake.
The US dollar hit a 15-day low against the yen as traders used the quiet holiday period to book some profits.
China will change the way it calculates a key yuan index, nearly doubling the number of foreign currencies in the basket.
Chinese steel rebar prices fell more than 2pc, while coke and coking coal remained under pressure, in volatile trading.
Gains in resources and banks saw the ASX reverse early losses to hit a new high on 2016's second to last trading day.
The Australian company behind red-light traffic cameras, Redflex, has escaped severe penalties in the US after striking a non-prosecution agreement with the Department of Justice over its part in a corruption scandal.
Has James Packer jumped the gun scrapping the international ambitions of his gaming empire Crown Resorts this month and selling out of Macau?
Global online giant Amazon has released sales data from the 2016 holiday season and the numbers and types of items bought will sober up any retailer who ate their aunt's Christmas sherry trifle.
Amazon's Prime Air cargo planes are flying nearly full, taking business away from FedEx and UPS.
A woman who headed a one-time tech darling that specialised in software for one-page resumes is insisting she will not have to draft up her own CV.
In a year when populists won power across Europe and the US, the world's wealthiest people are ending 2016 with $330 billion more than they had at the start.
When it comes to the most-read Sydney Morning Herald stories of 2016, nothing could trump Donald Trump
Shares dipped in early trading as investors trim their holdings in the major banks and a host of listed trusts trade without the rights to their distributions.
Amherst Pierpont Global Strategist Robert Sinche discusses industrial production, momentum in the global economy and its impact on currencies.
It's not tech and it's not mining. It's something you'd never dream of.
Five successful entrepreneurs reveal their biggest mistakes, and what they learnt from the experience.
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