Why Airbnb won't find a home in China anytime soon

• COMMENT

Airbnb has announced it's changing its local brand name in China and doubling its investment.

How sports bodies keep winning the TV rights battles

If anyone needs a reminder of the bond between sport and commercial television in this country it should be remembered it was the 1956 Olympics that finally brought TV screens into our lounge rooms.

Wall St pares losses for flat finish

US stocks rose from session lows to end little changed as investors assessed the fallout from the failed health-care vote.

Trump dealt first legislative blow

Republicans scrapped a vote on the embattled health-care bill amid a revolt among conservatives and moderates in their rank.

Dudley sees 'delicate' rate adjustment

New York Fed boss William Dudley said the central bank is taking great care not to do anything "harsh".

Iron ore loses 7.9pc on week

Spot prices for the steel-making raw material retreated in an "overdue correction", but fundamentals remain strong.

Donald Trump grants presidential permit for controversial Keystone oil pipeline

The United States has issued a presidential permit for TransCanada Corp's Keystone XL oil pipeline, ending a years-long battle between environmentalists and the industry over whether Washington should approve it.

Free Wi-Fi and meditation proposed as airlines adjust to laptop ban

Turkish and Gulf airlines are touting free Wi-Fi and better in-flight connectivity for smart phones as they scramble to mitigate the impact of a ban on laptops on board planes bound for the United States.

Australia's LNG exports to be hit by 'buyers club'

The world's biggest liquefied natural gas buyers - all in Asia - are clubbing together to secure more flexible supply contracts.

Blackmail, extortion and slavery: Australia's visa fraud victims

Pawanjeet Heir and her family have been failed by the immigration system. Now she is is facing her worst nightmare: deportation.

CUB pulls stumps on Australian cricket

• EXCLUSIVE

Carlton & United Breweries has pulled up stumps on its 20-year sponsorship of the Australian cricket team.

Baiada to reduce wages up to 40 per cent for new staff

One of Australia's largest chicken processors plans to reduce wages for its contract labour by almost 40 per cent.

Their habits have cost our TV networks $2.5b so far. Kids, take a bow

The little party Olivia Gillen threw last year is part of a $2.5 billion-plus problem for Australia's television networks.

Chinese tech company pitches bike sharing to City of Sydney

• EXCLUSIVE

One of China's hottest tech start-ups wants to bring the next frontier of the digital sharing economy to Sydney: bicycles.

Report shows which health funds have won – and lost – customers

The health insurance industry's report card shows one fund has shed more than 45,000 members.

ASX ends rough week on a high

The Australian sharemarket ended the week on a positive note, closing 0.8 per cent higher on Friday.

My car can beat Lewis Hamilton, but not a tram

Jochen Haab is confident his team's car could beat Lewis Hamilton at this weekend's Melbourne Formula One Grand Prix.

Landmark ruling on collapsed company a blow for taxpayers

The taxpayer is set to wear a heftier price tag from failed companies after a landmark ruling on employee entitlements.

Google ads boycott unlikely in Australia

A UK-led boycott of Google's programmatic advertising is unlikely to spread to Australia, according to local media buyers.

Markets Live: Strong end to tough week

• Live

Shares post healthy gains to pare the week's losses, led up by CSL and the big banks, while Downer slumps following its capital raising.

Chinese dairy giant drops $5.5 billion in a day

Shares of China Huishan Dairy Holdings have plummeted more than 90 per cent in Hong Kong.

ASIC clears Slater and Gordon of manipulating its accounts

The corporate watchdog has dropped its investigation into debt-strapped listed law firm Slater and Gordon after finding no evidence it had manipulated its accounts in the lead-up to its disastrous foray into the UK.

Why new jets could destroy airlines

The global aviation map is about to shift in a way we've not seen in three decades. New fuel-efficient planes means we could see a lot more long-haul direct flights, but that could be bad for airlines.

Google parent loses $31b in value as ad crisis spirals out of control

Major advertisers across Europe are still appearing alongside extremist YouTube videos days after technology giant Google said it was taking steps to protect its clients from inadvertently supporting hate.

Senior Westpac executive departs after behavioural misconduct

The executive responsible for managing $34 billion of investments in Westpac's wealth management business, Martyn Wild, left the company abruptly on Friday following a series of allegations about inappropriate behaviour towards two female staff.

CBA follows ANZ, Westpac to hike rates

The nation's largest bank raised borrowing costs for owner-occupiers and property investors just hours after rate hikes from Westpac and ANZ.

CBA raises interest rates

The Commonwealth Bank is raising home loan rates for both owner-occupiers and investors. (Courtesy ABC News 24)

Canberra executive appointed CEO of Energy Action

Canberra business executive Ivan Slavich has been appointed CEO of ASX-listed company Energy Action.

Have the wheels fallen off the Trump Trade?

Financial market participants are focused on the Trump administrations ability to pass healthcare legislation. We look at what's involved and question whether markets have become vulnerable to greater downside? (Video produced in commercial partnership between Fairfax Media and IG Markets).