News

Inequality commission calls for urgent action to lift regions from downward spiral

More than half of businesses surveyed have ‘no knowledge’ of government plans

Australian shares are set to open higher on Friday as investor sentiment found support on expectations of more central bank stimulus, following weak employment data. Energy stocks will also likely firm as oil prices rose overnight on fears that the strikes on Saudi Arabia's oil facilities...

* Award stemmed from failed gas project (Adds comments from the attorney general)

Private equity billionaire Joshua Harris thinks there are still plenty of undervalued companies to improve and profit from, especially away from the public markets.

President Donald Trump said on Thursday he likes a Republican senator's drug pricing bill "very much" after Democratic House Speaker Nancy Pelosi unveiled legislation letting the government negotiate lower prices for costly prescription drugs.

The Bank of Canada appointed Toni Gravelle, who has been managing director of the central bank's financial markets department, as a new deputy governor to replace the retired Lynn Patterson.

Authorities reported the first death linked to Tropical Storm Imelda, which dumped torrential rains over the Houston-area, while rescuers in boats pulled hundreds of people from flooded cars, the city's airport temporarily halted flights and tens of thousands of people lost power on Thursday.

France's CNP Assurances SA has reached a deal worth 7 billion reais ($1.7 billion) with Caixa Economica Federal to sell insurance in the bank's more than 3,000 branches, the Brazilian state-owned lender said on Thursday.

Donald Trump sued Manhattan District Attorney Cyrus Vance on Thursday, seeking to void a subpoena for eight years of tax returns related to a criminal probe into the U.S. president and his family business.