President Donald Trump has indicated ahead of key trade talks that he was willing to lower tariffs on China to 80 per cent, but that still remains higher than business leaders were hoping for.
The first shipping containers carrying a vast array of Chinese made products that are subject to President Donald Trump’s 145 per cent tariffs have begun arriving in US ports.
Australian property listings platform Domain has sealed a $3 billion deal with CoStar after the US suitor sweetened its offer to get its hands on the Nine Entertainment-controlled group.
Jim Chalmers’ Division 296 policy received relatively little attention during the election campaign. But finance experts are warning that it could upend Australia’s investment landscape.
After months of punishing tariffs, US and Chinese officials meet in Switzerland, offering a glimmer of hope for two battered economies and a jittery global market.
Luxury bridal house Pallas Couture has collapsed into administration for a second time in less than eight years, but customers have been assured they will still receive their wedding dresses.
Super Retail Group has warned shareholders of a profit margin squeeze and soaring costs, blaming subdued trading conditions, heavy discounting and a costly overhaul of an ageing payroll system.
Qantas’ budget airline Jetstar is making the most of the humble toastie as CEO Vanessa Hudson says customers still have cash to travel but to bang-for-buck destinations Vietnam, Bali, Thailand and Japan.
The Federal Reserve has held interest rates steady but says the risks of higher inflation and unemployment has risen, clouding the US economic outlook amid the impact of Donald Trump’s tariffs.