Business

The world's richest woman has died at 94

Bettencourt, listed by Forbes as the world's richest woman, was the heiress to the beauty and cosmetics company her ...

​French businesswoman and billionaire Liliane Bettencourt, whose family founded L'Oreal and still owns the largest stake in the cosmetics giant, has died aged 94, her daughter has announced.

Mercedes plots Tesla attack with $1b US electric push

Tesla's flagship Model S sedan outsold the Mercedes S-Class and BMW 7-Series last year in the US.

Daimler plans to spend $US1 billion ($1.26 billion) to start production of Mercedes-Benz electric vehicles at its Alabama factory, setting the world's largest luxury-car maker up to battle with battery-car specialist Tesla on its home turf.

Shkreli to be jailed for bounty on Hillary Clinton's hair

Martin Shkreli said his controversial Facebook post was an "awkward attempt at humour or satire". The judge didn't think ...

A US judge on Wednesday ordered Martin Shkreli to be jailed while he awaits sentencing for securities fraud, citing a Facebook post in which the former drug company executive offered a $US5000 ($6283) reward for a strand of Hillary Clinton's hair.

Is your sushi made by a robot?

A piece of sushi made by Suzumo's SGP-SNB machine

Kisaku Suzuki once ran a company that made lolly-wrapping machines. And he was angry. And that's when the it came to him: he would use his firm's knowledge of sweets-packaging machines to develop the world's first sushi robot.