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The online retailer said it was battling a subdued trading environment in its key trading markets, especially the United ...

SurfStitch losses to deepen

SurfStitch will run at least $5 million further into the red this year and will close its North American operations, the troubled fashion retailer has said.

Illustration: John Shakespeare.

Fairfax sale plot Thickins at TPG

Subplots and twists in takeover story now playing out in public at the select committee on the future of public interest journalism.

Banks have led sharemarket falls, with the financial sector down 8.69 per cent since the start of May.

Bank rout wipes $50 billion in May

Some $50 billion has been wiped off the combined market value of Australia's major banks since their highs at the start of this month, as investors eye a more challenging outlook for the big four.

Malcolm Turnbull: "If we don't sell [coal] to [India], someone else will.''

Labor-lite budget ticks all the boxes for Turnbull

For students of the politics of economics – my special subject – this clothes-pinching budget has been a feast. Oh no, it's "Labor-lite". Shocking! Actually, it's a budget that ticks all the boxes for Malcolm Turnbull and, by extension, his parliamentary followers – something their silent acquiescence suggests they realise.

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