Rio recoups lost ground in iron ore output

• 33 mins ago

Stronger December output of iron ore in the December quarter enabled Rio Tinto to recoup some of the lost momentum in the division which had led it to trim full year production estimates in October.

Damning inequality report haunts Davos

Oxfam publish a report saying eight individuals, all men, own as much wealth as the poorest half of the world's population.

The big worry for CEOs around the world

The world's chief executives are shrugging off worries around global volatility and are increasingly confident their businesses will grow in the next year.

Davos kicks off as Trump era dawns

Anxiety about the uncertainty surrounding the US presidency of Donald Trump is set to dominate discussions at the World Economic Forum in Davos.

A watch made from cheese for $25,780?

In a protest to show that Switzerland's new rules on Swiss-Made are too lenient, a luxury watchmaker has built what it calls a 100 per cent Swiss timepiece, composed only with locally produced natural resources, such as a strap of cowhide rather than alligator leather, plus a more unusual ingredient: cheese.

AGL loses bid to force workers to do overtime at power plant

A bid to by energy company AGL to force workers at its Gippsland power plant to work overtime to ensure the site can operate fully has been dismissed by the industrial umpire, as the relationship between the company and the union further deteriorates.

Two female directors resign from Nine

Elizabeth Gaines and Holly Kramer will step down from the board of Nine Entertainment, the company announced to the market on Tuesday morning. 

Showpo sues fellow e-retailer over data 'theft'

A 24-year-old graphic designer is facing court after allegedly stealing online fashion retailer Showpo's entire customer contact list and giving it to a rival.

8@eight: Trump doesn't take day off

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With a holiday in the US overnight for Martin Luther King day, there was no holiday for President-elect Trump who put out more criticism of the Euro region.

Eight men have same wealth as half the world

Income inequality is so now lopsided that eight men now own the same amount of wealth as the poorest half of the world.

Trump, Fed headed for clash

Donald Trump and the US central bank are heading for a collision that will almost certainly result in a stronger greenback.

Oil higher on Saudi commitment

​Oil prices were up, buoyed by Saudi commitments to reducing production, even as US output is expected to increase.

Trump helps gold regain lustre

Gold climbed to its highest in more than seven weeks on buying fuelled by Donald Trump's comments on NATO and China.

'Hard' Brexit fears send pound close to 30-year low

Britain's pound fell on Monday as concern rose that the country is heading for a "hard" Brexit from the European Union and its single market, a day before a speech by Prime Minister Theresa May on the government's plans.

Copper retreats on dollar strength

Copper eased as a stronger US dollar prompted some investors to cash in gains after the metal touched a five-week high.

Iron ore leaps 3.9pc higher

Iron ore has carried last year's bullish momentum into the start of 2017, with prices rallying to a two-year high.

Warning on mortgage costs as bank profits squeezed

National Australia Bank has warned the cost of funding mortgages "absolutely remains elevated," as it and ANZ Bank hiked interest rates on fixed interest rate home loans.

Perks of office: public service boss's $9000 office makeover

ASP Commissioner treats himself to a $9000 taxpayer-funded office makeover.

ASX pushed higher by miners

A burst of enthusiasm for iron ore futures helped mining stocks lift the ASX into the black on Monday.

Deal set to keep Alcoa plant operating

Alcoa's Portland's aluminium smelter has all but struck a generous new electricity supply deal with AGL, ensuring the troubled plant is likely to stay open.

Pound tumbles as 'hard Brexit' fears rise

Sterling took a tumble on Monday as fears of a hard Brexit rose ahead of a speech by the British Prime Minister.

The tiny Australian company Trumps friends are investing in

A small Australian pharmaceutical company is raising eyebrows in Washington DC and with the US media after it was linked to powerful players in Donald Trump's inner-circle.

Will US bank earnings boost the ASX?

There won't be a great divergence between US banks and Australian banks.

Energy chief: why Trump is unlikely to derail renewables

Head of international energy body says policies are important, but the economic facts "are stubborn".

Woolworths appoints Tesco veteran as supermarkets boss

Claire Peters, currently chief operating officer of Tesco Thailand, will report to chief executive Brad Banducci after taking reins in July.

Employees owed more than $1 million as Pie Face nears sale

The one-time, high-flying, hot-pie business leaves behind a trail of destruction.

Markets Live: BHP hits 17-month high

• Live

Shares trade higher, buoyed by miners on the back of soaring iron ore futures as well as the big banks.

Challenging 2017 ahead for Australian banks: Fitch

Ratings agency Fitch has revised its outlook for the Australian banking sector to negative amid concerns about rising household debt and pressures on the banks' profits.

Biggest weekly jump in petrol prices in two years

Petrol prices are on the up and up, and the OPEC deal is going to further fuel this trend.