![Credit Suisse will take a writedown of 2.3 billion Swiss francs ($3 billion).](http://web.archive.org./web/20171223005555im_/https://www.fairfaxstatic.com.au/content/dam/images/g/t/k/5/s/u/image.related.wideLandscape.460x259.h09mwf.png/1513989685813.jpg)
Billion-dollar writedowns pile up as companies analyse US tax bill
Hours after the bill signing, announcements started to roll in from some of the world's biggest companies - with some spectacular numbers.
Hours after the bill signing, announcements started to roll in from some of the world's biggest companies - with some spectacular numbers.
Belarus President Alexander Lukashenko is making a bid for a shiny new image as the continent's freewheeling cryptocurrency king.
Apple's numbers are still spectacular - but they don't look quite as awesome when you take a really long-term view.
Australia's housing market is expected to continue to weaken during 2018 as tighter lending restrictions from banks start to bite.
The Federal Court has dismissed a cartel behaviour case brought against laundry detergent manufacturer Cussons by Australia's consumer watchdog.
Troubled online sport apparel retailer Surfstitch, which slipped into voluntary administration four months ago, no longer has a chief executive.
Listed electronics retailer Kogan.com was the best-performing stock on the ASX All Ordinaries index in 2017, with an annual gain of more than 300 per cent.
Bitcoin plunged below $US13,000 on Friday after losing around a third of its value in just five days.
The cryptocurrency plunged below $13,000 after losing around a third of its value in just five days.
The cryptocurrency plunged below $13,000 after losing around a third of its value in just five days.
Pilots at low-cost Irish airline Ryanair have held a four-hour walkout - one week after the carrier gave up its long-held opposition to recognising unions.
British households turned increasingly cautious in the three months to September as they raised their spending at the slowest annual pace since 2012.
When 7-Eleven chairman Michael Smith bragged about the lengths the franchise giant had taken to compensate thousands of underpaid foreign workers, he failed to impress underpaid workers Manish and Anshu Mehra.
An earnest and serious effort is under way inside the social media giant to kill fake news. But it might be futile.
A shift to online shopping has seen Australia Post process a record volume of parcel deliveries this week.
There is nothing like a half-empty office, vacationing clients and near-empty roads to make going to work a joy.
The Americans' decision to drop their company tax rate to 21 per cent from the start of next year is unlikely to overcome our Senate's resistance to cutting our company tax rate to 25 per cent for big business. Which is no bad thing.
Virgin Australia is working on a new code share agreement with its British cousin that would open up new routes for it to the United Kingdom.
Australia's largest construction union has faced a scathing courtroom rebuke over its long record of lawlessness and disregard for members' funds.
Shares in the world’s largest miner, BHP, have hit their highest closing price in 31 months and are moving closer to the $30 mark.
The ASX ended the last session before the Christmas break on an upbeat note, with traders choosing to pick up energy companies and miners ahead of the holiday.
The ASX ended the last session before the Christmas break on an upbeat note, with traders choosing to pick up miners and banks ahead of the holiday.
The franchisor of the Donut King, Gloria Jean's and Brumby's chains could suffer an even deeper fall in earnings, analysts predict.
Myer versus Solomon Lew still has a way to run. CBS versus Lachlan Murdoch and Bruce Gordon for control of Ten Network had the strangest outcome.
Complaints about electricity and gas bills are unlikely to fall any time soon as consumers brace for skyrocketing energy prices this summer.
If you thought you'd beat the rush at Sydney Airport by getting away on Friday, you're in for a shock.
American Express is facing a legal challenge from a customer over credit card surcharges that are imposed by retailers.
US regulators are taking a closer look at the company that made a paper billionaire out of Australian James Gilbert.
Scott Morrison's warning that as Australians loaf about on their summer holidays, companies headquartered overseas would be fixing to scarper because of our uncompetitive company taxes, was either political hyperbole, or a clear and present danger to prosperity.
New Wesfarmers boss Rob Scott has struck his first major deal since taking the reins last month.
Aboriginal entrepreneurs from 30 businesses are being funded to attend the Melbourne Business School in a partnership between Mastercard and First Australians Capital.
We must help committed Year 12 students to maintain the ethos and engage on campus.