Business

Australia’s biggest oil and gas group on Tuesday reported a 24 per cent fall in full-year earnings to $US2.72 billion, bettering market expectations.

After boasting for months about its preferential trade deal with Donald Trump, the UK is at risk of becoming the biggest loser in the aftermath of the Supreme Court’s decision to strike down his global tariffs.

Shares in the Sydney-founded company joined a tech stock rout Tuesday, on worries they will lose business to artificial intelligence giants such as OpenAI, which owns ChatGPT

Adore Beauty says it has been dragged down by heavy discounting during the Black Friday and Cyber Monday sales as the cosmetics retailer posts a 70 per cent decline in half-year profit.

The US President has unloaded in typical style as he doubles down in fighting massive tariff setback.

The bidding war for one of Hollywood's most coveted assets - Warner Bros Discovery - has ratcheted up, with Paramount Skydance submitting a higher offer.

The first profit result after the media group’s merger with Seven West Media was led by the radio division, which increased operating profits 28 per cent.

Artificial intelligence is improving fast. Its effect on output, not so much.

A historic blizzard has dumped up to 60cm of snow across the US northeast, forcing millions to stay inside as flights, transport, schools and businesses close.

The media business says digital growth is offsetting weakness in its television and print businesses.

Europe is asking for answers about US President Donald Trump's announcement of a 15 per cent global tariff on imports.

Southern Cross Media chairman Heith Mackay-Cruise will assume the role of interim executive chair of the TV, radio and publishing giant following its merger with Seven West Media.

Mortgage and credit card applications are surging and so are their associated debts, which could be bad news for borrowers as the RBA eyes further rate rises.

Job seekers say one of the benefits of AI is it can help people make ideas flow better and fill in blanks they may struggle with. But some employers say they’d much rather see the person as they are.