Apple dropped plans to let iPhone users fully encrypt backups of their devices in the company's iCloud service after the FBI complained that the move would harm investigations, six sources familiar with the matter told Reuters. Yahaira Jacquez has more.
UBS Group saw its shares tumble over 5% after revealing it missed profit and cost targets for 2019, as wealthy clients pulled money in the fourth quarter.
Thousands of miles away from his impeachment trial in Washington, President Trump was in Davos where he pledged to plant join an initiative to plant trillion trees. Teen climate activist Greta Thunberg delivered her retort.
Greta Thunberg, who has inspired a new generation of activists to attend the World Economic Forum (WEF) in Davos this year, urged world leaders on Tuesday to listen to young people.
European shares were on pace for their sharpest decline in three weeks on Tuesday, as mounting concerns over a new coronavirus outbreak originating in China sparked a rush to safe-haven bets.
Biocon chief Kiran Shaw today said the International Monetary Fund's markdown of India's growth story is not surprising and the government needs to focus on investment and exports to put the flagging economy back on track.
Robin Raina, CEO of Ebix Inc, believes taxes must be rationalised further in Budget 2020. He also shares his views on the e-commerce sector.
The world's largest commercial aircraft manufacturer is seeking to borrow $10 billion or more as it awaits approval for its 737 MAX planes to fly again.
At Davos, Scientists Join Forces On Climate Change
21 Jan 2020 - The local bourse failed to move into positive territory closing 0.2% lower. Tech losses are led by Wisetech Global (ASX:WTC) and Technology One (ASX:TNE). HUB24 (ASX:HUB) shares are down despite posting record first half net inflows ...
21 Jan 2020 - The ASX fell at the open and has failed to gather momentum throughout the morning so far is now tracking 0.4% lower at noon. Orocobre (ASX:ORE) shares are on the decline – this comes as they reported yesterday they have signed two ne...
21 Jan 2020 - MACA (ASX:MLD) says it will stop operations in Brazil from this month.
21 Jan 2020 - Australian business technology solutions leader Data# 3 (ASX:DTL) expects to hit the top end of its guidance for net profit before tax of between $11 million to $12.5 million in the six months to December 31.
21 Jan 2020 - Monthly instalment payment company, Splitit Payments (ASX:SPT) reports that Chief Executive Officer, Brad Paterson has been appointed to the Board as Managing Director, along with Jan Koelble who has joined as an independent Non-Exec...
21 Jan 2020 - Pact Group Holdings (ASX:PGH) has started a sale process in respect of its Contract Manufacturing division.
21 Dec 2020 - MMA Offshore (ASX:MRM) has appointed Ian Macliver as a Non-Executive Director of the Company with effect from today.
21 Jan 2020 - BHP (ASX:BHP) released figures for their operational review for the year ending 31St December 2019 with showing energy coal production decreased by 12 per cent to 12 Million Tonnes.
21 Jan 2020 - A US holiday yesterday, Martin Luther King day, saw muted markets leaving the ASX poised to open flat. BHP (ASX:BHP) will release its half year operational review later this morning. Stay tuned for those results. On the commodities f...
One of the biggest releases at the World Economic Forum in Davos, Switzerland, is the Global Inequality report, a reality check on the disproportionate spread of wealth around the world. The report is a stark contrast to what Davos used to be - a ...
On the eve of the annual World Economic Forum in Davos, focus is on teenage activist Greta Thunberg as she prepares to challenge the global financial elite to fight climate change. Conway Gittens reports
Shipping company MSC and France’s Saint Nazaire shipyard have signed a 2 billion euros ($2.2 billion) deal to build two cruise liners, in a contract forming part of this week’s “Choose France” drive.
Weak Credit Growth In India, Says IMF Chief Economist Gita Gopinath
South Africa's struggling state-owned airlines said on Monday that flights to all destinations are operating as normal, as government discussions continue to try and rescue the carrier.
European shares retreated on Monday after striking a record closing high in the previous session, as investors paused before launching into a week packed with economic data and the European Central Bank's first policy meeting of the year.
British Prime Minister Boris Johnson called for deeper trade ties with Africa on Monday, at a summit in the UK capital attended by the leaders of 21 African countries.
China has repeated a call for Canada to release detained Huawei Technologies CFO Meng Wanzhou as soon as possible.
20 Jan 2020 - It’s been an upbeat day of trade, with the ASX200 finishing 0.2 per cent higher despite a mid-session dip. This marks the 5th consecutive session of gains for the local bourse. The Materials sector led the gains, bolstered by strong ...
20 Jan 2020 - The Australian share market opened slightly lower this morning. It jumped in the first twenty minutes of trade, has been tracking sideways into the mid-session and is now tracking 0.3% higher. Shares in Nib Holdings (ASX:NHF) were hi...
20 Jan 2020 - Medical product provider, G Medical Innovations (ASX:GMV) has secured regulatory approval from the Taiwan Food and Drug Administration for its Prizma device.
20 Jan 2020 - Nib Holdings (ASX:NHF) has downgraded its profit guidance for the 2020 financial year.
20 Jan 2020 - Diversified online retailer, Kogan.com (ASX:KGN) has recorded the highest half yearly gross sales and gross profit in the company’s history.
20 Jan 2020 - Resolute Mining (ASX:RSG) has forward sold an additional 37,200 ounces of gold at an average price of US$1,562 per ounce.
20 Jan 2020 - The ASX is set to open higher following strong leads from Europe and US markets. US major indices inked fresh record highs on Friday fuelled by tech stocks, robust retail data and positive sentiment generated from the US-China phase ...
Former White House chief economic adviser Gary Cohn on Sunday said Washington's tariffs impeded U.S. economic growth, working at cross-purposes with a tax cut meant to stimulate business investment.
Climate change and environmental destruction top the risks highlighted by world decision-makers in a survey ahead of the 2020 gathering of the global elite in the Swiss ski resort of Davos. Conway Gittens reports
Early frosts connected to climate change in Colombia's high-altitude Andean areas are laying waste to farm pastures and crops. Roger Fortuna has more.
Investors next week will get their cues from headlines from the Davos economic summit and earnings from the likes of Netflix and Comcast.
Wall Street climbed to record highs Friday after strong U.S. housing data and signs of resilience in the Chinese economy raised hopes of a rebound in global growth.
It’s time investors book some profits on big cap tech stocks, says wealth manager Ken Kamen of Mercadien Asset Management. He suggests investors rotate the proceeds into equal-weighted index funds or financial and industrial stocks.
India's trade minister remains unimpressed with Amazon's $1 billion investment, as Jeff Bezos continues his charm offensive tour visit to the country.
The National Highway Traffic Safety Administration said Friday it will review a petition asking the agency to formally investigate 500,000 Tesla vehicles over sudden unintended acceleration reports. Yahaira Jacquez has more.
European shares touched a record high on Friday after EU Trade Commissioner Phil Hogan struck a positive tone on talks with Washington, soothing some concerns over a possible escalation in trade tensions between the cross-Atlantic allies.
China's economic growth slowed to its weakest in nearly 30 years in 2019 amid a bruising trade war with the United States and sputtering investment, and more stimulus steps are expected this year to help avert a sharper slowdown.
Even as the budget is under preparation, there is bleak news from the December quarter results that have come in thus far. Out of 29 companies to announce their results thus far, 22 are smallcap companies. Data from CMIE shows the income growth in...
17 Jan 2020 - The Australian share market is tracking 0.5% higher at noon. Macquarie has downgraded Magellan Financial Group (ASX:MFG) from a neutral to an underperform, with a 12-month price target of $55.00.
17 Jan 2020 - Australian agri chemical company, Nufarm (ASX:NUF) has given an update on market conditions experienced during its first half-year ending 31 January 2020, ahead of its results.
17 Jan 2020 - Tech and media investor, Bailador Technology Investments (ASX:BTI) has agreed to sell around $10 million of its current holding in hotel guest acquisition platform, SiteMinder.
17 Jan 2020 - Risk management and insurance broker, PSC Insurance Group (ASX:PSI) has provided an update on the performance of its acquisition target Paragon.