Amazon launches Australian store 

Amazon threatens to ruin Christmas for Australian retailers by launching its long-awaited retail offer on Tuesday with one-day deliveries and big discounts on toys and clothing.

AWE's Perth Basin onshore gas venture was the main attraction for its Chinese suitor.

Chinese drop $430m offer for AWE

China's state-owned China Energy Reserve and Chemical Group has dropped its $430 million takeover tilt for AWE just days after the mid-cap oil and gas producer went public on it.

Bank war teams set for royal commission

The big banks' group legal counsels have set-up war rooms backed by the country's top lawyers, QCs and accounting firms to prepare for the bank royal commission.

Iron ore tops $US72 a tonne

Iron ore extended its month-long rally into a bull market as Chinese steel futures reached a three-month high.

Opinion

Investors should ask whether up-and-down integration will help CVS in the first place.

CVS risking its health for an Amazon defence

US healthcare groups fear Amazon, which is one reason CVS Health is buying Aetna in a $US77bn deal. But the hefty 32 per cent premium to the insurer's three-month undisturbed average price is not covered by expected cost savings.

Personal Finance