Business
Companies
Sigma Healthcare manager charged with insider trading
The corporate regulator has alleged the employee sold shares while in possession of insider information about major contract negotiations.
- by Emma Koehn
Latest
Oil
BP to shut Australian oil refinery, leaving just three in the country
BP will shut one of Australia's last remaining oil refineries, triggering hundreds of job losses and increasing the nation's reliance on imported fuels.
- by Nick Toscano
Energy
Origin cuts back gas drilling as pandemic drain hits exports
Origin has curtailed drilling at its Queensland gas operations in the latest sign of the severity of COVID-19's impact on the energy market.
- by Nick Toscano
Startups
'Hard yakka' as Atlassian's profit takes a hit
Australian software giant's shares slump on the Nasdaq after it flagged slower revenue through the remainder of financial year.
- by Cara Waters
Apple
Apple stock pulled down by weak iPhone sales, China demand
Weaker than expected iPhone sales sent Apple's shares down 5.9 per cent in after-hours even as the tech giant's revenue and profit did better than Wall Street expected, thanks to booming Mac and AirPods sales.
- by Stephen Nellis
Amazon
Amazon, Apple, Google, Facebook: Tech giants report higher profits
Five US technology giants were reporting earnings today, providing the latest indication of whether they are rebounding from the coronavirus slowdown.
- by Associated Press
Alphabet sales growth back as Google flooded with advertisers
Google's parent company has returned to sales growth in the third quarter, beating analysts' estimates, as businesses initially hobbled by the coronavirus pandemic resumed advertising with the internet's biggest supplier of ads.
- by Paresh Dave and Munsif Vengattil
Mergers & acquisitions
Saving $560,000 for diamonds, LVMH's $16b Tiffany takeover is back on
The world's largest deal in luxury is back on after New York's famed jeweller Tiffany agreed to a slightly reduced offering price from LVMH in Paris.
Analysis
A Trump win is bad news for Big Tech break-up
The US technology giants are in for a reckoning irrespective of who wins the race to the White House, the only consideration is which administration hit them harder.
- by Supratim Adhikari
Board shake-up
Lew tells Myer board to resign or face dismissal after chairman's shock departure
Solomon Lew said Garry Hounsell's departure was the 'green shoot' Myer shareholders had been waiting for and should signal to the remaining four board members that their 'time is up'.
- by Dominic Powell
Opinion
Executive shake-up
The 11th hour coup: how Myer's board got rolled
Only hours before Myer's virtual annual meeting was set to begin, chairman Garry Hounsell had no choice but to be counted as a no-show.
- by Elizabeth Knight