Business

The Melbourne-based blood-products company plans to cut $500 million in costs in response to slowing sales growth. Here is what’s behind the drop.

Google is set to revive Iowa’s only nuclear power plant to meet growing low-carbon energy demand from artificial intelligence.

A leading economics professor has explained why Treasurer Jim Chalmers is to blame for higher mortgage rates.

Scores of jobs are set to go after BHP decided to ‘significantly scale back’ activity at an iron ore mine that employs about 800 people and is a key union target.

Reserve Bank governor Michele Bullock has responded to a surprise jump in unemployment as a credit agency gives Australia's finance a tick of approval.

Shares in Domino’s Pizza were sent sky-high on Tuesday on rumours a US equity giant is preparing a $4 billion takeaway order for the battered fast-food business.

The travel and home rental platform says it will utilise its technology to block Halloween parties this weekend.

Travellers can breathe a sigh of relief as major airports scrap a gruelling ritual that has long slowed down queues.

THE ECONOMIST: A looming global supply glut is weighing on oil giants from Exxon to Shell.

The Minister for Climate Change and Energy, Chris Bowen’s, department has released confidential briefing documents warning of higher power prices over the months to come.

Richard White has been named in a police investigation into the alleged share trading of WiseTech shares.

Amazon will reportedly begin notifying staff of widespread corporate layoffs as the company seeks to cut costs and streamline operations.

The government has ordered a sweeping review into regional airfares and airline competition as travellers face soaring ticket prices and Rex Airlines battles to stay in the sky.

Veteran investor Rajiv Jain predicts AI stocks to tumble in the near future but shareholders are betting that it is his price that will fall.

A union is likening the push to scrap junior wages to the fight for gender equality as employers warn of youth job losses.