Result Page 9 for Latest Business News & Archive

Cans of Red Bull energy drink are offered at a supermarket.

Alcohol and energy drink mix might be fatal, new study shows

Researchers have found out that drinkers who mix energy drinks with alcoholic beverages may be more likely to have increased risk of injury.

Qantas CEO Alan Joyce speaks up about marriage equality

Qantas CEO Alan Joyce has released a statement saying that companies should express a view on social issues.

ANZ, Commonwealth Bank follow NAB and Westpac in hiking interest rates

Customers of Commonweath Bank of Australia (CBA) and Australia and New Zealand Banking Group (ANZ) could see a surge in interest rates – of more than 20 basis points for investor loans and 10 basis points for owner-occupiers. The development comes in the wake of National Australia Bank (NAB) and Westpac upping their interest rates out-of-cycle with the Reserve Bank last week.

Record My Hours app attracts employers, protects workers

The Fair Work Ombudsman has launched an app called Record My Hours that would protect young and migrant workers.

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Etsy to test rearranging order display products to give sellers 'more sales'

Online marketplace Etsy has announced it will be testing rearranging the display order of items in its seller’s Etsy shops, making it similar to eBay’s Best Match. As part of the move, the test will order items based on the information of the seller’s products.

Coal mining project to fuel power generation can create 10,000 Australian jobs

Coal extraction from the $16.5 billion Carmichael project in Australia is expected to begin in 2020. Chairman of India’s Adani Group, Gautam Adani, said the company will begin work three months after it secures an approval from Prime Minister Malcolm Turnbull’s government.

Qantas gives startups a chance to pitch ideas for airline's seamless journeys

Qantas has announced that it was looking for startups, scale-ups and digital disruptors that could pitch ideas to create seamless journeys for the airline.

Iron ore pushes back after strong gains, commodity futures reverse

After iron ore spot markets witnessed a significant increase for two days, they gave a relaxed performance on Friday. As noted by Metal Bulletin, the spot price for benchmark 62 percent fines declined by 0.29 percent to settle at US$92.34 (AU$119.70) a tonne.

Tesla Model Y render excites fans; Model 3 process time to go down significantly

While Elon Musk revealed plans of streamlining Tesla Model 3 deliveries, an interesting render of the much-awaited Model Y has surfaced online, making fans excited. Even though Tesla is currently focusing only on its upcoming electric vehicle (EV) sedan, it has not stopped fans from speculating about the Model 3 crossover.

ASIC assures public naming of banks that breaches background checks

The Australian Securities and Investments Commission (ASIC) has warned financial advice firms that they would be publicly named and shamed if they do not background check their financial advisors.

Record My Hours app: Features solve underpayment problems

The Fair Work Ombudsman has launched Record My Hours app that aimed to solve underpayment problems experienced by young workers and migrant workers.

Iron ore rallies further amid increase in Chinese output

Iron ore prices continued to increase higher on Thursday. As noted by the Metal Bulletin, the spot price for benchmark 62 percent fines climbed 1.85 percent to settle at US$92.61(AU$120.68) a tonne. With this, the overall increase over the last two sessions has been extended to 5.1 percent.

Major Australian vanadium project, signed by NT, to create 17,000 construction jobs

A Project Facilitation Agreement, as part of a mining resource project worth $850 million, has been signed between the Northern Territory and Australian resource company TNG. Called the Mount Peake Vanadium-Titanium-Iron Project, it will include a metals processing facility that will be constructed in Alice Springs, Northern Territory.

Ivanka Trump’s fine jewellery discontinued, offers less costly charms

Amid reports that sales of her brand have surged last month, Ivanka Trump’s fine jewellery line is shut down to focus on more accessible price points.

Iron ore boosts higher following increase in Chinese futures

Iron ore spot markets saw an impressive run on Thursday, climbing highest in more than a month. With this, the benchmark price is over US$90 (AU$117.05) a tonne, helped largely by an escalation in Chinese futures.

Topshop Australia to launch new e-commerce platform in April

Topshop Australia has announced that it would be launching its e-commerce platform in April offering expanded product collections.

Woolworths partners with EMD to improve the supermarket's private label brands

Woolworths has expanded its private label by joining the European Marketing Distribution alliance.

Iron ore spot markets begin slowly amid release of major economic data in China

Iron ore spot markets began slowly on Tuesday but Chinese futures continued to climb higher in overnight trade. It is not certain whether the trend witnessed concerning iron ore spot markets will persist on Wednesday.

Comcare reveals public servants' bizarre compensation requests

Comcare has revealed weird compensation requests by Australian public servants including lawn mowing, longer coffee breaks and breast reductions.

M&A to increase in coal, gold; bauxite can see improved activity

Coal and gold sectors could witness a rise in mergers and acquisitions this year, according to a research by Herbert Smith Freehills. The professional services firm said factors including, but not limited to, commodity prices, lower production costs and Australian dollar will be crucial in raising the levels of M&A for 2017.

Iron ore prices could fall by year end amid declining commodities prices

Iron ore prices are forecast to fall back to US$50 (AU$66.14) a tonne by the end of this year, as found by research firm Capital Economics. The steel making ingredient shrunk to its lowest in a decade, US$38 (AU$50.26) a tonne, at the start of last year.

Tesla Model 3 update: Time's ticking for EV-maker with barely 4 months left to start production

It was known that Tesla was building Model 3 prototypes, made clear by a shareholder’s letter in February. Now, a brand new video showcasing a Tesla Model 3 prototype has surfaced. The footage was reportedly taken at the SpaceX office in Hawthorne, California.

CBA finances Whitsunday, Hamilton and Gannawarra solar farms

The Commonwealth Bank of Australia (CBA) has financed $230 million solar farm project at Whitsunday, Hamilton and Gannawarra solar farms.

NAB and four universities launch financial planning scholarship

NAB Future Planners Scholarship was launched on Monday at four Australian universities, namely Deakin Business School, Griffith University, Western Sydney University and RMIT University.

Muffin Break and Jamaica Blue partner with Fair Work Ombudsman in workplace compliance partnership

Muffin Break and Jamaica Blue has partnered with the Fair Work Ombudsman (FWO) to make a public commitment to ensure workplace compliance.

Iron ore suffers weakness on Friday, trend likely to continue Monday

Iron ore spot markets sustained another downslide on Friday. With this, they have now slumped for the fifth time in six sessions.

Qantas to open upgraded lounges at Brisbane Airport

Qantas has announced that it would open its new Domestic Business Lounge and Premium Lounge Entry on March 14 at the Brisbane Airport.

David Jones unveils redesigned two-level store with a cafe in Sydney

David Jones has unveiled its redesigned two-level store in Macarthur Square Shopping Centre in Sydney.

BHP Billiton CFO says company tax cut can increase investment, jobs

BHP Billiton CFO Peter Beaven is pushing for a cut in company tax, which he said will lead to an increase in investment, employment and tax revenue. Beaven’s comments came during the Australian Financial Review’s Business Summit, held in Sydney on Thursday.

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