Business

The Tax Office said Chevron claimed excessive deductions for a loan.

Chevron eyes high court as it loses landmark tax case

Multinational oil giant Chevron has lost its appeal against a multimillion-dollar tax bill issued by the Australian Taxation Office, setting the scene for the tax man to challenge other companies with dubious tax schemes.

China's crude steel output reached a record 72 million tonnes in March as mills anticipated brisk seasonal demand ...

China steel futures rebound

​Iron ore and steel futures in China bounced back on Thursday from a three-day fall and after a volatile session.

George Soros has been targeted in a new lawsuit.

Rio Tinto dragged into $10b mine brawl

Rio Tinto's Simandou mine nightmare has taken a colourful twist, with the mining giant dragged into a $10 billion court brawl between Israeli magnate Beny Steinmetz and fellow billionaire and hedge fund legend George Soros.

Under the plan, BHP would move from a dual listing in Britain and Australia to a single Australian listing.

BHP pressured to abandon dual structure

One of BHP Billiton's largest shareholders has called for an overhaul of the group's structure which it argues could release billions in dollars of value for shareholders

Axiom Capital Management, a consistent bear on iron ore, said in a report on Monday that "the timing is ripe" for bets ...

Iron ore to extend slump

Iron ore's recent descent may herald further weakness, with Barclays pinning the blame on lower steel demand in China.

Cyclone Debbie will have a lingering impact on coal pricing.

Cyclone Debbie coal disruption set to ease

The lingering impact of Cyclone Debbie on Queensland's exports of coal will begin to ease this week for some exporters as work is expedited to repair the multiple rail links which shift the millions of tonnes of coal to port.