CSL shares surge after profit upgrade

• 19 mins ago

Biotechnology giant CSL said its full-year net profit would likely rise 18 to 20 per cent, up from 11 per cent growth previously forecast.

Vegemite back in Australian hands after $460m deal

• 42 mins ago

Bega Cheese has bought back the farm by broadening its reach in the food industry, snapping up Vegemite and other Kraft brands in a $460 million deal which takes it far from its roots as a cheese producer.

Markets Live: CSL rally keeps ASX up

• Live
• 1 hr ago

Shares trade flat, buoyed by rallies in CSL and Bega Cheese, while the Aussie dollar stabilises following mixed jobs numbers.

Deutsche Bank drastically cuts bonuses

• 1 hr ago

Vice presidents, directors and managing directors at the German bank will get no 2016 bonus. Neither will management.

'Considerable risk' in housing market

• 1 hr ago

Auscap Asset Management says the assumption that favourable conditions will continue in Australia's property market carries considerable risk.

NAB admits security breach

• 1 hr ago

The bank says human error was to blame when it sent details of 65,000 customers to the wrong email address in December.

Netflix's decade of streaming

It's now been 10 years since Netflix made its most important strategic shift away from mail-in DVDs and into Internet streaming.

Australia set to join global reflation

With inflation increasing in Europe, the UK, US and China, we address whether Australia will join this growing list and what could it mean for the RBA. (This video was produced in commercial partnership between Fairfax Media and IG Markets)

Unemployment up slightly in December

The Australian unemployment rate rose slightly above expectations in December, rising to 5.8 per cent on November's 5.7 per cent figure.

Unemployment rate rises

In a surprise to economists, the unemployment rate in December rose to 5.8 per cent, from 5.7 per cent in November. Vision courtesy ABC News 24.

Ten years on, digital giant Netflix is still growing at record pace

Netflix signed up a record 7.05 million new customers in the fourth quarter, topping analysts' estimates for domestic and international growth.

It could have been much worse for Rolls-Royce

• COMMENT

Fines that could wipe out a year's profits. A grovelling public apology from the chief executive. Immeasurable damage to the reputation of what was one of Britain's most prestigious companies.

Finally, China manufactures a ballpoint pen all by itself

That humble device you may well have lying around your desk has been the object of China's long and frustrating quest.

China's first ballpoint pen

China produces about 38 billion ballpoint pens a year, but the country has never, until now, been able to produce its complicated tip.

Gillard and Obama butt heads over Vegemite

Back in 2011, former prime minister Julia Gillard was asked about Vegemite while visiting a US high school.

Trump 'could send US into next Great Crash'

America should brace for a final blow-off surge in stock markets akin to the last phase of the dotcom boom or the "Gatsby" years of the Roaring Twenties, followed by a cathartic crash and day of moral judgment, according to a Nobel prize-winning economist.

Greg Roebuck resigns as Carsales CEO

Greg Roebuck is resigning as chief executive and managing director of Carsales.com.au, a company he co-founded in 1997, after nine years in the top job. 

Normal rate policy nowhere in sight

Even in the US, where rates have begun to rise from record lows, policy is a long way from normality, says a key Trump aide.

Yellen warns of 'nasty surprise' if rates aren't raised

Federal Reserve chair Janet Yellen says it 'makes sense' to gradually lift interest rates as US inflation heads toward 2pc.

8@eight: Searching for direction

• Sponsored

A largely quiet night, but we have seen a number of reversals in the moves we saw yesterday, although very little has changed fundamentally.

Rio Tinto, Chinalco end copper venture

Rio Tinto Group and its largest shareholder Aluminum Corp of China have terminated a joint venture to find copper deposits.

'We can work with anybody': Damon eyes Trump talk

Actor Matt Damon appeared to give President-elect Donald Trump the benefit of the doubt Wednesday (Swiss time) over whether he will help break the cycle of global poverty that arises from lack of safe water and sanitation.

Samarco could be operational in two months

The Brazilian mine owned by BHP and Vale will "probably" be operating again in two months, the country's mines minister said.

Goldman Sachs profit triples to $US2.4b

Goldman Sachs's quarterly profit tripled and Citigroup's net income rose 7pc, surpassing analysts' estimates amid a bond-trading revival.

OPEC sees smaller oil glut in 2017

OPEC, while wary of rebound in US shale output, says initial reports show "positive" signs global production being cut.

Australian GDP forecast trimmed to 2.4pc

Analysts pared their forecast for Australian growth in 2016 to 2.4 per cent, from 2.9 per cent, according to a Reuters poll.

Wesfarmers chief warns Woolworths could win sales race

Wesfarmers' senior management has warned investors and analysts to rein-in expectations of its second quarter sales performance amid predictions Woolworths will shake off its 29-quarter losing streak to win the second quarter sales race.

Supermarket results: Woolworths could win sales race

Fairfax's Catie Low explains predictions that Woolworths will shake off its 29-quarter losing streak to win the second quarter sales race.

China goes against Trump on free trade

As doubts grow over the United States' coming role on the global stage, Chinese President Xi Jinping has chosen his moment to take to the stage at Davos.