Wall Street’s Big Three have generated $52 billion in equity trading revenue this year, capturing about 80% of the market on rising margin lending to hedge funds. Read the original report.
Business
A new report commissioned by Emergency Leaders for Climate Action says Australia’s fire seasons are 21 per cent longer than in 1979. It puts the cost to the economy at $6 billion a year, with most of that from harm to health and wellbeing, ahead of damaged businesses and lost homes. The modelling estimates about
Vodafone’s parent company TPG Telecom says it analysed millions of scam calls on its network between July 2025 and July 2026. It found 98 per cent of them, more than 24 million calls, came through Symbio, a little-known internet phone company owned by rival Aussie Broadband. Symbio sells Australian numbers in bulk to about 500
Co-CEO Ted Sarandos has said the streamer needs new avenues for growth and to improve execution around its content strategy. Read the original report.
Shared Beginnings, a childcare operator with seven centres across Queensland, Victoria and the ACT, went into administration on Monday. Its owner, private lender Finexia Financial Group, told staff the centres had been running at a loss. All seven centres are still open and care is continuing as normal while administrators from DVT McLeods look for
The 737 Max 10, the largest model in the family, was set to start flying in 2020, but increased scrutiny and other safety issues delayed its certification. Read the original report.
Reserve Bank deputy governor Andrew Hauser has told a Sydney investment conference that the inflation outlook is “materially worse” than the central bank had forecast, and that another rate rise could come as soon as November. Annual inflation currently sits at 4 per cent, according to the August consumer price index, well above the RBA’s
Wall Street and investors will be looking for Netflix to provide additional details about the company's strategy following recent organizational changes Read the original report.
Western Sydney International Airport opens to commercial flights on 25 October, and getting there will cost very different amounts depending on where you live and how you travel. Until the Sydney Metro airport line is finished in 2027, train passengers need to take a free shuttle bus from St Marys station, about 20km away, running
Qatar Airways has confirmed it will fly to Western Sydney International Airport from late 2027, becoming the fifth foreign airline to serve the new airport. The service to Doha will start at three flights a week, with the airline aiming to move to daily flights by the end of 2028. It will use Boeing 777-300ER
China’s economy is growing strongly, but SMH columnist Stephen Bartholomeusz argues the way it is growing is making it vulnerable. GDP rose 4.5 per cent in September and 4.6 per cent over the first nine months, beating forecasts. Behind that, domestic demand is weak. Retail sales rose just 1.1 per cent in September, and the
National Australia Bank has told the ASX it will cut up to 2,500 jobs, about 6 per cent of its workforce, by mid-2027. Up to 1,500 of those roles are due to go before the end of this year. The bank also plans to sharply reduce its use of consultants and external contractors. It says
An analyst who follows the industry says there are four ways recent changes to fuel economy rules will shift investment toward the most profitable segments. Read the original report.
Australians are leaving the capital cities for the regions at a pace not seen since the height of the COVID tree-change boom. Commonwealth Bank data analysed by the Regional Australia Institute (RAI) shows city-to-regional migration in the June 2026 quarter matched the record set in June 2021, with people moving to the regions outnumbering those
His comments come after Merck officially opened its new 120,000-square-foot research facility in the Greater Philadelphia area. Read the original report.
Southwest Airlines is overhauling its loyalty program and replacing A-List and A-List Preferred with three new tiers. Read the original report.
Nike announced earlier this month that it's expanding into India. The retailer has been broadly struggling, especially in the China market. Read the original report.
Peter Rice brings a wealth of experience in TV and film, including scripted and unscripted shows, live sports, prestige television and theatrical distribution. Read the original report.
JetBlue announced that BlueFirst, its new domestic first class option, is available for booking on more than 30 routes. It launches December 8. Read the original report.
Porsche revealed a concept car called Mission S as part of a turnaround plan that includes efforts to boost profits through higher-end products and lower sales. Read the original report.
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