Business

Trending stories

Latest stories

2m
KY3 Springfield
Ikea accused of dodging $1.1 billion in taxesIkea has been accused of dodging up to 1 billion euros ($1.1 billion) in taxes
Ikea accused of dodging $1.1 billion in taxes
KY3 Springfield / Posted 2 minutes ago
Ikea has been accused of dodging up to 1 billion euros ($1.1 billion) in taxes between 2009 and 2014, according to a report by the Green party in the European Parliament. The political group is accusing the retailer of "large scale tax... Read more
2m
Daily Examiner
New industry could create "thousands of jobs"BIOFUELS are set to be Queensland's next boom industry. Premier Annastacia Pal
New industry could create "thousands of jobs"
Daily Examiner / Posted 2 minutes ago
BIOFUELS are set to be Queensland's next boom industry. Premier Annastacia Palaszczuk said the government planned to use experience gained from building the liquid natural gas industry to develop a new biofuel industry. Ms Palaszczuk said her... Read more
2m
22 WSBT South Bend
Ikea accused of dodging $1.1 billion in taxesIkea has been accused of dodging up to 1 billion euros ($1.1 billion) in taxes
Ikea accused of dodging $1.1 billion in taxes
22 WSBT South Bend / Posted 2 minutes ago
Ikea has been accused of dodging up to 1 billion euros ($1.1 billion) in taxes between 2009 and 2014, according to a report by the Green party in the European Parliament. The political group is accusing the retailer of "large scale tax... Read more
2m
ABC 7 El Paso
Ikea accused of dodging $1.1 billion in taxesIkea has been accused of dodging up to 1 billion euros ($1.1 billion) in taxes
Ikea accused of dodging $1.1 billion in taxes
ABC 7 El Paso / Posted 2 minutes ago
Ikea has been accused of dodging up to 1 billion euros ($1.1 billion) in taxes between 2009 and 2014, according to a report by the Green party in the European Parliament. The political group is accusing the retailer of "large scale tax... Read more
3m
Zero Hedge
Why Yellen's Testimony Screamed DangerAuthored by Mark St.Cyr, Federal Reserve Chair Janet Yellen gave her bi-annual
Why Yellen's Testimony Screamed Danger
Zero Hedge / Posted 3 minutes ago
Authored by Mark St.Cyr, Federal Reserve Chair Janet Yellen gave her bi-annual Humphrey-Hawkins testimony before congress this past week. Although the prepared remarks were much the same as expected with any monetary policy review. What really made... Read more
3m
Zero Hedge
The Global Fixed-Income "Blood Map" Of 2016For credit investors, 2015 was bad a year (for energy bonds it may have been th
The Global Fixed-Income "Blood Map" Of 2016
Zero Hedge / Posted 3 minutes ago
For credit investors, 2015 was bad a year (for energy bonds it may have been the worst on record) culminating with the gating and liquidation of several credit-focused mutual and hedge funds. However, judging by these heatmaps, 2016 is shaping up to... Read more
4m
Business Spectator
Greek banks holding up: ECBThere is no reason to believe that Greek banks will need further recapitalisati
Greek banks holding up: ECB
Business Spectator / Posted 4 minutes ago
There is no reason to believe that Greek banks will need further recapitalisation, after the latest round provided them with 14.4 billion euros ($A23.1 billion) of funding, the head of the European Central Bank’s supervisory agency says. “The... Read more
4m
Business Spectator
Aust stocks set to liftThe Australian market looks set to open higher following strong gains on Wall S
Aust stocks set to lift
Business Spectator / Posted 4 minutes ago
The Australian market looks set to open higher following strong gains on Wall Street as banking stocks spiked and commodity prices, especially oil, lifted. At 6.45am (AEDT) on Monday, the share price index was up 87 points at 4,785. In local... Read more
4m
Business Spectator
Aust dollar holds above US71cThe Australian dollar is higher on the back of stronger commodity prices and ri
Aust dollar holds above US71c
Business Spectator / Posted 4 minutes ago
The Australian dollar is higher on the back of stronger commodity prices and rising global equity markets. At 7.00am (AEDT) on Monday, the local unit was trading at US71.07c, up from US71.01c on Friday. The currency rose to US71.18c earlier in the... Read more
4m
Business Spectator
China braces for wild market swingsInvestors in Chinese stocks are facing a tumultuous return to action today afte
China braces for wild market swings
Business Spectator / Posted 4 minutes ago
Investors in Chinese stocks are facing a tumultuous return to action today after a weeklong holiday in mainland markets for the Lunar New Year shielded them from the global market turmoil. Chinese shares are already among the world’s... Read more
4m
Business Spectator
Relief rallyAfter five sessions in the red, Wall Street staged a classic relief rally. Wit
Relief rally
Business Spectator / Posted 4 minutes ago
After five sessions in the red, Wall Street staged a classic relief rally. With one whiff of good news -- speculation of cuts to oil output -- investors took the opportunity to snap up bargains. The UAE energy minister reportedly said OPEC members... Read more
4m
Business Spectator
Iron ore falls as miners jumpThe iron ore price has fallen sharply but major Australian miners have rallied
Iron ore falls as miners jump
Business Spectator / Posted 4 minutes ago
The iron ore price has fallen sharply but major Australian miners have rallied as other key commodity prices improve. Iron ore dropped 2.9 per cent to $US43.20 in its most recent session. The fall comes ahead of the reopening of Chinese equity... Read more
5m
News 8000
Ikea accused of dodging $1.1 billion in taxesIkea has been accused of dodging up to 1 billion euros ($1.1 billion) in taxes
Ikea accused of dodging $1.1 billion in taxes
News 8000 / Posted 5 minutes ago
Ikea has been accused of dodging up to 1 billion euros ($1.1 billion) in taxes between 2009 and 2014, according to a report by the Green party in the European Parliament. The political group is accusing the retailer of "large scale tax... Read more
10 related stories
5m
NZCity
Wgtn airport benefits overstated: reportAnalysis backing the proposed Wellington airport runway extension "grossly over
Wgtn airport benefits overstated: report
NZCity / Posted 5 minutes ago
Analysis backing the proposed Wellington airport runway extension "grossly overstates" the benefits, reports from an economic consultancy say. The supporting analysis of the $300 million project also understates the costs and is based on passenger... Read more
2 related stories
6m
Real Estate Business
New home sales bounce backThe HIA-ACI New Home Sales Report revealed that total seasonally adjusted new h
New home sales bounce back
Real Estate Business / Posted 6 minutes ago
The HIA-ACI New Home Sales Report revealed that total seasonally adjusted new home sales finished last year strongly, recording a 6 per cent increase in December. HIA chief economist Harley Dale said the headline monthly rise in December 2015 was... Read more
6m
Los Angeles Times
Competition and Uber help push down car rental ratesThe cost of travel is declining but some of the savings have nothing to do with
Competition and Uber help push down car rental rates
Los Angeles Times / Posted 6 minutes ago
The cost of travel is declining but some of the savings have nothing to do with cheaper fuel prices. The average domestic airline ticket fell to $372 in the third quarter of 2015, a 6% drop compared to the same period in 2014, according to the... Read more
7m
Philly.com
Housing predictions as fickle as the weatherIn mid-January, Yun forecast a modest increase in sales of previously owned hom
Housing predictions as fickle as the weather
Philly.com / Posted 7 minutes ago
In mid-January, Yun forecast a modest increase in sales of previously owned homes in 2016 - 1 percent to 2 percent, not percentage points - as well as higher median prices of 5 percent to 6 percent and fixed 30-year mortgage rates topping out at 4.3... Read more
9m
The Age
Higher open aheadAs global markets transition to a higher volatility world, risks will rise, say
Higher open ahead
The Age / Posted 9 minutes ago
As global markets transition to a higher volatility world, risks will rise, says Mohamed El-Erian. Photo: Richard Drew Local shares are poised to rise at the open as Wall Street rallied on Friday on oil and bank shares. Amcor, among others, reports... Read more
54 related stories
11m
Sydney Morning Herald
Higher open aheadAs global markets transition to a higher volatility world, risks will rise, say
Higher open ahead
Sydney Morning Herald / Posted 11 minutes ago
As global markets transition to a higher volatility world, risks will rise, says Mohamed El-Erian. Photo: Richard Drew Local shares are poised to rise at the open as Wall Street rallied on Friday on oil and bank shares. Amcor, among others, reports... Read more
54 related stories
12m
The Financial Express
Don’t expect much from the Union BudgetFebruary is an important month as it leads to the announcement of the Union Bud
Don’t expect much from the Union Budget
The Financial Express / Posted 12 minutes ago
February is an important month as it leads to the announcement of the Union Budget, which is often hyped as being a ‘make or break’ one. There are several expectations, with various suggestions being made on what the finance minister should and... Read more
12m
The Financial Express
Editorial: A billion Aadhaars nowThough governments are mostly reviled for the bad things they do, every once in
Editorial: A billion Aadhaars now
The Financial Express / Posted 12 minutes ago
Though governments are mostly reviled for the bad things they do, every once in while they do truly path-breaking work—the work done by the Atomic Energy Commission under Homi Bhabha, ISRO under Vikram Sarabhai, the Green Revolution under MS... Read more
12m
The Financial Express
Editorial: Consolidation time at e-tailTo say e-commerce in India has taken off would be an understatement. With almos
Editorial: Consolidation time at e-tail
The Financial Express / Posted 12 minutes ago
To say e-commerce in India has taken off would be an understatement. With almost every product or service now available at a click, and smart phones becoming cheaper by the day, households are more than happy to shop online. The top three e-retailers... Read more
12m
The Financial Express
Taxman extends Cairn India share freezeAround the same time that Prime Minister Narendra Modi was renewing his promise
Taxman extends Cairn India share freeze
The Financial Express / Posted 12 minutes ago
Around the same time that Prime Minister Narendra Modi was renewing his promise to end the retrospective tax regime — he did this while in London in November last year and then before a French delegation in the capital in January — the taxman sent a... Read more
12m
The Financial Express
Budget Cafe 2016: Looking forward with sanguinityFrom a global economic standpoint, 2016 has begun on a muted note, with recessi
Budget Cafe 2016: Looking forward with sanguinity
The Financial Express / Posted 12 minutes ago
From a global economic standpoint, 2016 has begun on a muted note, with recessionary trends visible worldwide. However, the Indian economy represents a lone silver lining. The credit for the same should go to various investment-friendly initiatives... Read more
12m
The Financial Express
Service tax to be raised to 16% but with broader creditThe rate of service tax could go up to a flat 16% from an effective 14.5% now i
Service tax to be raised to 16% but with broader credit
The Financial Express / Posted 12 minutes ago
The rate of service tax could go up to a flat 16% from an effective 14.5% now in the coming Budget, but the government would try to soften the resultant blow to businesses and consumers with a broadening of the credit base and an increase in the... Read more
12m
The Financial Express
Column: Global crisis ahead?When, back in the summer of 2013, Ben Bernanke gave evidence before a Congressi
Column: Global crisis ahead?
The Financial Express / Posted 12 minutes ago
When, back in the summer of 2013, Ben Bernanke gave evidence before a Congressional Committee about the Fed’s future policy stance, he caused serious turbulence in global, especially emerging economy, markets. I saw it live and sympathised with the... Read more
13m
Daily Telegraph
Optimism goes beyond oil price | DailyTelegraph SearchUse keywords to search content on this website Search
Optimism goes beyond oil price
Daily Telegraph / Posted 13 minutes ago
| DailyTelegraph SearchUse keywords to search content on this website SearchUse keywords to search content on this website THE benefits of a plunge in global oil prices are being overlooked, with cheaper transport... Read more
13m
Canberra Times
Higher open aheadAs global markets transition to a higher volatility world, risks will rise, say
Higher open ahead
Canberra Times / Posted 13 minutes ago
As global markets transition to a higher volatility world, risks will rise, says Mohamed El-Erian. Photo: Richard Drew Local shares are poised to rise at the open as Wall Street rallied on Friday on oil and bank shares. Amcor, among others, reports... Read more
54 related stories
16m
Business Standard India
China says no basis for continued yuan fallChina's central bank governor Zhou Xiaochuan said there's no need to worry abou
China says no basis for continued yuan fall
Business Standard India / Posted 16 minutes ago
China's central bank governor Zhou Xiaochuan said there's no need to worry about a short-term decline in foreign-exchange reservesChina's central bank governor Zhou Xiaochuan said there's no need to worry... Read more
10 related stories
16m
Business Standard India
StatsGuru:Decoding the diverse numbers for the country's manufacturing sectorData for Indian manufacturing do not provide a unified pictureData for Indian m
StatsGuru:Decoding the diverse numbers for the country's manufacturing sector
Business Standard India / Posted 16 minutes ago
Data for Indian manufacturing do not provide a unified pictureData for Indian manufacturing do not provide a unified picture Click on graphic Data for Indian manufacturing... Read more
More