Business

Lynas Rare Earths CEO Amanda Lacaze.

Lacaze to retire after 12 years with rare earths miner Lynas

Amanda Lacaze will step down as chief executive of Lynas Rare Earths after leading the miner from a “troubled startup” to the commodity’s biggest producer outside of China.

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Apple has made a deal to use Google’s Gemini models for its new version of Siri coming in 2026.

Apple, Google strike Gemini deal for revamped Siri

Apple has struck a deal to use Google's AI technology to power its new-look Siri and future artificial intelligence features on its iPhones.

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A grim call that will need to be made very soon is making Australians nervous.

Grim call making Australians nervous

Australians have kept spending at the fastest pace in two years while simultaneously becoming more pessimistic about their financial future than ever.

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Scarborough floating production unit.

Giant production unit arrives at Scarborough gas project

Once hooked up to the project’s wells and pipelines, the 70,000t rig will process gas from Scarborough before piping it to Woodside’s expanded Pluto LNG plant at Karratha for liquefication and export.

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The race is on for Venezuelan spoils

Who will cash in on Venezuelan oil?

THE ECONOMIST: The race is on for Venezuelan spoils as Washington takes charge of the Orinoco reserves

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Mattel's new autistic Barbie doll comes with a fidget spinner and noise-cancelling headphones. (AP PHOTO)

Toy maker Mattel adds autistic Barbie to doll line

An autistic Barbie is joining Mattel's line of fashion dolls that's intended to celebrate diversity and inclusion.

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Super Retail bombs after profit miss during peak period

Shares in the company behind BCF, SuperCheap Auto and Rebel bombed on a profit miss during the retail trader’s most crucial shopping period. 

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Darren Woods, chair and chief executive of Exxon Mobil.

Trump ‘inclined’ to keep ExxonMobil out of Venezuela

US President says he’s ‘inclined’ to keep ExxonMobil out of Venezuela after its top executive was sceptical about oil investment efforts in the country after the toppling of former President Nicolás Maduro.

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 Pessimism has become both widespread and persistent.

Why pessimism is the world’s main economic problem

THE ECONOMIST: Today, if ever, positive energy is in short supply. Pessimism has become both widespread and persistent.

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 Farmers and locals work to defend property near Yarck, in central Victoria.

Natural disasters push insurer Suncorp over budget

Insurance giant boss says the company is on alert for potential increases in claims as a tropical cyclone affects north Queensland and the risks from fires persist in Victoria.

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Nicolas Maduro in handcuffs after landing at a Manhattan helipad on January 5.

Payout over Maduro capture puts markets in spotlight

Prediction markets let people wager on anything from a basketball game to the outcome of a presidential election — and recently, the downfall of former Venezuelan President Nicolás Maduro.

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The booming GLP-1 space was built on weekly injections. In 2026, new obesity pills will push the market into its next chapter.

Obesity pills: How they could reshape the GLP-1 market

The booming GLP-1 space was built on weekly injections. In 2026, new obesity pills will push the market into its next chapter.

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Monthly household spending figures for November will take in the pre-Christmas sales period. (Dan Himbrechts/AAP PHOTOS)

Hopes Black Friday could sustain spending growth

After a stronger than expected month for consumer spending, pre-Christmas sales could see that trend continue.

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NAB says consumers’ willingness to tighten belts further is wearing thin

Australians have ‘cut-back fatigue’ amid high cost pressures

Australian consumers are feeling increasingly stressed about their finances amid renewed cost-of-living-pressures, yet new bank data suggests they are unwilling to tighten belts further.

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Pluribis is a masterclass in the hidden complexity of everyday economic life.

What hit series Pluribus’ hive mind reveals about economics

THE ECONOMIST: It’s a masterclass in the hidden complexity of everyday economic life and the terrifying efficiency of a world without private property.

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