Business

SGH says BlueScope’s Australian and North American businesses ‘are not strategically compatible and would benefit as stand-alone businesses under new ownership’.

Bluescope confirmed that SGH and US-based Steel Dynamics submitted a buyout proposal to the BlueScope board in the week before Christmas.

Ikea has vowed to fight a probe by the Australian Taxation Office over claims the Swedish home furnishings giant owes $171 million in alleged unpaid taxes.

Shares in Rio Tinto hit an all-time high on Monday as a big bet on lithium made by Simon Trott’s predecessor looks to be paying off.

Markets have brushed off Donald Trump’s extraordinary intervention into Venezuela, even with the promise of a long-term oil boom in the South American country.

A 40-year oil industry veteran and chief executive has revealed what it would take for the drama in Venezuela to affect petrol prices in Australia.

A new breed of bankers have become the first line of defence against off-shore crooks who pose as online lovers to fleece Australians of their hard-earned cash.

Australia’s biggest beef producer is bracing for an earnings hit from cattle deaths after heavy rain and flooding across parts of Queensland hit three of its stations.

Hybrid work is reshaping Australia’s CBDs, creating a surprising divide that is quietly transforming city centres and the way businesses operate.

Raw materials and energy stocks are supporting the local bourse, but most other sectors are in the red as the shaky start to the new year continues.

THE ECONOMIST: Now that Warren Buffet has finally retired, his successor faces an uphill battle

There’s a familiar ring to Donald Trump’s plan to send US energy giants to Venezuela to use the wealth generated from rekindling oil production to stabilise that country and cement American energy dominance.

There’s a new world's best-selling electric vehicle maker in town, with Elon Musk’s Tesla losing out to a Chinese rival.

New figures based on what retirees are actually spending in retirement shine a light on just how much superannuation Aussies need when they leave the workforce.

Government backing for critical minerals should focus on rare earths vital for clean energy and national security and emulate an existing scheme underpinning renewable projects, the sector has told ministers.