Business Spectator

Vocus to buy Amcom in telco tie-up

Deal values Perth-based Amco Telecommunications at $635 million, combines geographic reach.

Westpac sees improving economy

Chairman says lender well placed to deliver further "sound returns".

Qube announces $NZ80m ISO takeover

Stevedoring group to buy NZ company, operator of Australian ports.

Credit card surcharges face axe

by AAP
Final Murray report tipped to call for a ban on exorbitant credit card surcharges.

Uber tagged with $US41bn valuation

Latest funding round for fast-growing firm delivers staggering valuation.

Leighton secures $150m to expand Sundrop

by AAP
Developer to build huge solar powered glasshouse.

TPG flags earnings lift

by AAP
Shares in internet service provider rise as it tips strong increase in underlying earnings.

Oroton fears earnings wobble

by AAP
Retailer says its first-half earnings could fall as it scales back discounting.

Online spending hits record $16bn

by AAP
Online retail sales rise 11.9% in year to October, with lower Aust dollar buoying local sales.

AussieCommerce buys NZ’s Dailydo

Online retailer expands its New Zealand presence ahead of planned IPO.

NBN on track for 40% of premises by 2016

by AAP
Government says 40 per cent will have NBN by the 2016 election.

China’s slowdown hits price of iron ore

Sluggish demand, falling commodity prices reduce government tax revenue and affect currency values.

HK students surround government offices

Police use pepper spray, batons to stop protesters’ advance.

British MPs refused entry to Hong Kong

by AFP
Chair of cross-party panel to call for an emergency debate in parliament on the situation.

China, Japan to destroy chemical weapons

by DPA
Weapons were abandoned by Japan in northeast China at the end of World War II.

EU backs break-up of Google

by AFP
European parliament votes for Google break-up, raising pressure on the internet company.

Greece fails to strike budget deal

Agreement with creditors on austerity plan remains out of reach, talks to continue.

Fintech hub to be built in Sydney

New hub will bring banks and start-up sector closer, could be operational by April.

Australian companies being out-innovated by China, India

Australian organisations are failing to keep up with the likes of China and India when it comes to innovation, new research says.

CSIRO chief to join Rio Tinto board

by AAP
Outgoing CSIRO chief executive Megan Clark joins miner's board as non-executive director.

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