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1807 articles · page 17 of 38
Administrators of failed Queensland caravan manufacturer Australian Off Road (AOR) say the company may have been trading while insolvent since mid-2023 and now owes $14 million, as one of its directors pursues a $2 million plan to buy the business out of administration and restart it without its debts.
China's exports grew 36.3% in September from a year earlier, the fastest pace since February, while imports climbed 31%, according to official data released Wednesday. Both figures exceeded analyst forecasts, and the resulting trade surplus of $133.5 billion was a record monthly high.
Hyundai Motor Group has announced a $15.5 billion investment plan for India from 2026 to 2032, marking a significant bet on the country’s booming car market and reaffirming its long-term commitment to the region.
Oil prices rose on Wednesday, with international benchmark Brent crude climbing 1.24% to $107.02 a barrel, as fighting between Saudi Arabia and Iran-backed Houthi forces escalated and the United States and Iran traded warnings over the Strait of Hormuz.
Consumer NZ has warned that New Zealand's poorest households could face the largest increases in power bills under a planned overhaul of the electricity pricing system, raising concerns about energy affordability for vulnerable communities.
Rules, the oldest restaurant in London, has been donated to the National Trust by its owner JP Mayhew, handing the historic Covent Garden establishment to the heritage charity in what Mayhew described as protecting the place "in a way that no one else could".
Apple has increased its share of China's smartphone market even as overall shipments in the country plunged 15.4% year over year in the third quarter of 2026, according to a new report from IDC. The iPhone maker's market share rose to 17.8% from 15.8% a year earlier, despite a 4.3% decline in its own shipments.
Apple has asked a federal judge to overturn the $5.7 billion patent verdict won by Taction Technology over the Taptic Engine in iPhones and Apple Watches, arguing that the jury was left to engage in what Apple calls "impermissible guesswork on a massive scale" because Taction never proved what its patents were worth.
The first workers to accept redundancies at the Whyalla steelworks will finish up this week, with more than 250 roles set to disappear after the permanent closure of the blast furnace last month. Those staying on still face an anxious wait for their fate to be decided.
The Albanese government will introduce legislation requiring large gas producers to reserve up to 20 per cent of their liquefied natural gas (LNG) exports for domestic customers, in a bid to ease soaring energy prices and address chronic supply tightness on the east coast.
Federal regulators and seven US states have asked a federal court to hold Martin Shkreli, the pharmaceutical executive known as 'Pharma Bro', in contempt, alleging he repeatedly violated a lifetime ban on working in the drug industry by trading in at least 60 pharmaceutical companies and discussing them on live streams.
New York Federal Reserve President John Williams said Tuesday that the artificial intelligence equipment supply squeeze could last more than two years, adding to inflationary pressure, even as he reaffirmed his view that the central bank may raise rates once more this year but not into 2027. Bitcoin rose toward $84,000 on the outlook for no additional tightening.
The BBC is asking a federal judge in Florida to force Donald Trump to sit for a deposition in his $10bn lawsuit against the British broadcaster, after his legal team said he would not be available until January, well after the discovery deadline in the case.
A US judge has ruled that Apple may access OpenAI's hiring records related to former Apple employees who applied for roles at the AI company, granting an expedited discovery request in the trade secrets lawsuit Apple filed in July.
US regulators on Tuesday imposed more than $1.21 billion in penalties on Bank of America, including the largest fine in the history of the Office of the Comptroller of the Currency, after finding the nation's second-largest bank failed for years to report billions of dollars in suspicious transactions. The action landed less than a day before the bank's quarterly earnings report, and the bank admitted to willful violations of anti-money-laundering rules.
Australian travellers are increasingly booking flights to Europe and the UK via the Middle East, choosing cheaper fares over caution despite ongoing security concerns and air travel disruptions linked to the Iran war, according to travel industry figures.
Longshot Space Technology, a startup based in Alameda, California, is working on a very old idea getting a new look: using a giant gun to fire cargo into space. The company has raised about $20 million from venture investors and is testing scaled-down versions of the system at a site near Barstow, California, with plans to build what it says would be the largest gun on the planet.
Walmart, the largest private employer in the United States, will cover more than 250 prescriptions including certain insulin, inhalers and GLP-1 diabetes drugs at no cost to its employees starting in 2027, the company confirmed to CNBC. The move comes as many other employers raise premiums or scale back benefits to manage rising healthcare costs.
Flox Intelligence, a startup spun out of KTH Royal Institute of Technology in Stockholm, is developing AI-powered edge devices to deter wildlife from train tracks, airports, and roads. The company, a finalist at TechCrunch Disrupt's Startup Battlefield 200 pitch competition, aims to reduce the billions in damages and delays caused by animal strikes.
A federal jury in Delaware found on Tuesday that Arm Holdings breached a licensing agreement with Qualcomm and intentionally interfered with the chipmaker's relationship with Meta Platforms, awarding Qualcomm nominal damages of just $2. The verdict follows a five-day trial and marks the second courtroom clash between the two companies in two years.
Wednesday's consumer price index report is expected to show US inflation accelerating, with economists forecasting headline prices rose 0.6% in September and 3.6% over the past year, moving further from the Federal Reserve's 2% target. Rising energy costs, driven in part by the war with Iran, are the main force behind the increase, and analysts warn the reading carries upside risk.
Bass Coast Shire Council in coastal Victoria has doubled its annual registration fee for short-stay rental providers to $600, prompting an outcry from homeowners who accuse the council of double-dipping alongside a new statewide levy on holiday lets.
A growing number of Australian households are raising concerns about the conduct of some companies selling and installing batteries under the federal government's Cheaper Home Batteries Program, with one Perth customer waiting more than a year for a system he paid for in full.
Epic Games has delayed an unannounced Disney game and directed its development team to use AI tools for generating code and art, according to a report from Bloomberg. The project has slipped from its original March 2026 release window.
A new retirement planning series in The Sydney Morning Herald, The Brisbane Times and WA Today is guiding Australians into the case for lifetime income products such as annuities, which guarantee a regular income for life and are designed to ease the stress of volatile share markets.
The majority of English football clubs are living on the edge of financial disaster, according to a landmark report by the independent football regulator (IFR). The 'State of the Game' report found that 94% of clubs in the top five English leagues made losses in the 2025-26 season, and more than 60% of EFL and National League clubs are technically insolvent, warning of a 'dangerous cocktail of rising debt and an over-reliance on owner funding'.
Bumble has agreed to be acquired by the newly formed Ithaca Holdings for approximately $US1.3 billion ($1.9 billion), taking the dating app private at a fraction of its peak valuation and giving it room to reinvent itself away from public market pressures.
Anthropic will disclose its third-quarter financials for the first time at a meeting with potential investors on Wednesday, as the San Francisco artificial intelligence company prepares for what could be the largest initial public offering in history.
About 150,000 U.S. homeowners with adjustable-rate mortgages are scheduled to see their interest rates reset for the first time this year, according to data from ICE Mortgage Technology. With rates having climbed since these loans were originated, many borrowers could face monthly payment increases of hundreds of dollars — and in some cases, more than $1,000.
Brendan Wallace, co-founder of Fifth Wall, one of the largest real estate technology investment firms, says artificial intelligence is changing which startups are worth backing and expanding the definition of proptech itself, with a growing focus on companies that use technology to own and operate real estate directly.
Nigerian fintech company Moniepoint has become the operating system for more than 6 million businesses in the country, processing over $300 billion a year and handling 39 percent of Nigeria's digital payments volume, according to a guest analysis on Crunchbase. The company is among a cohort of super apps — platforms that bundle banking, commerce, and other services — that are thriving outside the United States.
A former Drayton Manor theme park ride operator has pleaded guilty to sexually assaulting 19 girls, all under the age of 13, while working at the Staffordshire attraction last year.
Leaked documents suggest Eugene Tenenbaum, one of Roman Abramovich's closest associates and a former Chelsea Football Club director, misled a UK court in a 2008 case over the ownership of Siberian oil fields, a case Abramovich won. Both men deny any wrongdoing through their lawyers.
The world's largest accountancy firm, Deloitte, helped falsify documents to hide Roman Abramovich's wealth and evade tax, a joint investigation by BBC Panorama and the Bureau of Investigative Journalism has found. Assets including superyachts, mansions and private jets worth $672 million were made to disappear from the sanctioned Russian oligarch's company accounts, with the firm also appearing to advise on a scheme to evade a huge tax bill through document falsification.
The chief executive of British housebuilder Bellway has said the government's Your First Home scheme for first-time buyers could increase the number of homes the company builds each year by about 10%, offering a path back to at least 10,000 completions a year.
Tech stocks plunged on Tuesday after Chinese memory chipmaker ChangXin Memory Technologies (CXMT) announced over the weekend that it had made headway on new architecture that increases memory density, sending a shockwave through the global semiconductor market. SK Hynix closed 10 percent lower in South Korea, Samsung Electronics fell 7.4 percent, and Micron was down 3.7 percent in premarket trading, with other memory-related stocks including SanDisk, Seagate and Western Digital also declining.
UnitedHealth Group blew past third-quarter earnings estimates and raised its full-year profit outlook on Tuesday, as the healthcare giant's strategy of shrinking membership, exiting unprofitable contracts and investing in value-based care and artificial intelligence begins to show results. The company now expects fiscal 2026 adjusted earnings of at least $20.50 per share, up from a prior range of $19.50 to $20.
Poundland has confirmed it is in talks with potential buyers as it seeks a rescue deal, with its management team working alongside an Irish property group on a buyout. The shopworkers' union Usdaw has warned the retailer could still fall into administration, putting about 12,000 jobs at risk.
UK supermarket prices rose 2.5% in the four weeks to 4 October, up from 2.3% the previous month, as shoppers leaned more heavily on special offers to keep their grocery bills in check, according to data from Worldpanel by Numerator.
The International Monetary Fund’s top economist has urged Britain’s Chancellor John Healey to continue repairing the public finances, as the fund upgraded its UK growth forecast to 1.3% for 2026 but cautioned that high oil prices and rising interest rates could slow the economy next year. Silvana Tenreyro, the IMF’s economic counsellor, spoke at the launch of the twice-yearly World Economic Outlook in Bangkok, little more than a fortnight before Healey delivers his first budget.
Australian businesses are using the ban on credit card surcharges as cover to push through price increases far larger than the roughly 1.5% fee it replaced, experts say, as cafes and restaurants struggle with climbing costs and rising interest rates.
US payments giant Visa has received approval from the People's Bank of China to set up a bank card clearing business, a significant step into a market Beijing has long kept closed to foreign card networks. The company announced the decision on Tuesday, weeks before Presidents Donald Trump and Xi Jinping are expected to meet again at the APEC summit in Shenzhen.
The academic who coined the term 'glass cliff' says the controversy over a McKinsey partner stripped of a leadership role for dismissing the idea shows the phenomenon remains relevant two decades after she first described it.
Adidas will argue in the Federal Court early next year that Australian fast fashion label White Fox breached its trademark by using four white stripes on clothing, a design the German sportswear giant says is "substantially identical with or otherwise deceptively similar" to its three-stripe mark, a feature it has used for 75 years worldwide and 65 years in Australia.
NHS maternity staff at Basildon Hospital have received payouts totalling £735,000 in what a union has called the largest group legal action ever brought by midwives in the UK. The Mid and South Essex NHS Foundation Trust settled claims from 121 staff, including 85 midwives, after admitting they were exposed to dangerously high levels of nitrous oxide, also known as Entonox, between 2021 and 2023.
With petrol prices climbing and more second-hand electric vehicles on the market, Australian motorists are asking whether the higher purchase price of an EV pays off over a lifetime of driving. One MG4 owner says she has no regrets, while budget-conscious buyers remain cautious about the upfront cost.
Qantas has been forced to ground a Boeing 787 Dreamliner in Rome after bedbugs were discovered in the economy section of a flight from Perth, causing the cancellation of the return service and disruption for passengers.
A new messaging and payment app marketed at British university students has been using servers owned by a Chinese company placed on a US military blacklist for alleged ties to the People's Liberation Army, raising fresh questions about Beijing's footprint in UK higher education.