Industries

Berkshire to enter auto market

Buffett's group unveils plans to buy largest private dealership in US.

Oil prices fall sharply

WTI oil price trades below $US90 per barrel for first time since April 2013.

UK lender to write off debt for 330,000

by AFP
Payday lender admits thousands of customers shouldn't have been granted loans.

BoE seeks new tools to curb property

Financial Policy Committee wants loan-to-value ratios control, overall household debt-to-income caps.

Virgin Money eyes $US243m raising in London IPO

British authorities hope smaller players can break dominance of UK's big five lenders.

Shareholders to vote on CBA bonus

by AAP
Commonwealth Bank shareholders will decide on boss Ian Narev's $4.7m bonus.

ACCC clears Expedia's Wotif takeover

Wotif shares surge 7% as consumer watchdog says $703m takeover unlikely to lessen competition.

'Bitcoin' inquiry set for March

Senate committee will report on regulation for digital currencies by March 2015.

Bargain hunters eye Cobbora coal

Several parties are believed to be reviewing the Cobbora coal mine project.

The hunt for yield takes a risky turn

1 comment
The types of high-risk debt securities that triggered the GFC are on the rise again, and the global fallout could be catastrophic.

Silence on property breeds anxiety

4 comments
While the RBA continues to voice its concerns about the Melbourne and Sydney property markets, we don't actually know enough about the impact of investor activity because Treasury hasn't done any work on it.

Fosun closes in on Roc after Allan Gray accepts

Top shareholder in Roc Oil, the fund manager Allan Gray, has bowed to the takeover offer, sources said.

Building approvals beat forecasts

ABS data shows number of building approvals came in well ahead of expectations in August.

Vertigan's untimely truths

The Vertigan Committee has delivered its verdict on the future of the NBN, but it's not what the coalition government wants to hear. Can a sustainable future for high-speed internet in Australia be salvaged?

Cutting off Australia’s international television arm

3 comments
The decision to cut Australia Network makes projecting our soft power in the region a lot harder.

HK protests threaten tourism

China's National Day holidays usually brings tourist surge.

Forrest strikes $103.3m paydirt

FMG chairman to cash what is thought to be one of Australia's largest ever individual dividend payments.

ACCC allows Tabcorp's ACTTAB acquisition

Tabcorp's takeover would only marginally increase market concentration: ACCC

FIRB clears Virgin's Velocity sale

Foreign Investment Review Board sees no issues with sale of 35% stake in its frequent flyer program. per cent

Second US university drops China's Confucius Institute

1 comment
Pennsylvania State University latest university to sever ties with Chinese funded language and cultural training centres.

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