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Business

Oracle stock poised for steepest drop since 2002 on weak forecast

by Betti Alver

Oracle chief technology officer Larry Ellison speaks at a company event in Redwood Shores, Calif., on Aug. 7, 2018. Oracle livestream screenshot Oracle shares plummeted more than 12% on Tuesday …

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Hunt for two Aussies who are yet to claim more than $4 million prize from Lotto win

by Betti Alver

Two Australians are walking around, oblivious to the fact they are now multi-millionaires. The two mysterious millionaires are the remaining winners from Thursday’s Powerball draw. The small NSW town of …

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Popular Australian protein ball company Bounce Foods enters voluntary administration

by Adam Aitken

Popular Australian protein bar company Bounce Foods has entered voluntary administration. Known for their range of “protein balls”, the company was founded in 2004 and was one of the first …

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Wall Street sees potential upsides of UAW auto strikes

by Adam Aitken

United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant in Detroit, Sept. 25, 2019. Michael Wayland / CNBC DETROIT – Many on Wall Street view potential …

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National unemployment rate hangs on at 3.5 per cent, fuelling fears Reserve Bank will keep hiking interest rates

by Adam Aitken

The resilience of the jobs market continues to beat expectations and keep pressure on the Reserve Bank to lift interest rates even further. The official labour force data showed the …

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SpaceX near rocket market monopoly is ‘huge concern:’ Lazard banker

by Adam Aitken

Vikram Nidamaluri, Managing Director of Telecom, Media, and Entertainment at Lazard, speaks during a panel at the World Satellite Business Week conference on Sept. 11, 2023. Michael Sheetz | CNBC …

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Adelaide builder Qattro collapses with 200 homes left unfinished

by Adam Aitken

Adelaide builder Qattro has been placed into voluntary administration, with the company’s boss blaming the COVID-19 pandemic for its demise. Qattro’s managing director Bradley Jansen said he had “exhausted all …

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Macy’s chain Bloomingdale’s taps Olivier Bron as its next CEO

by Adam Aitken

Shoppers walk past a Bloomingdale’s store in the SoHo neighborhood of New York, US, on Wednesday, Dec. 28, 2022. Victor J. Blue | Bloomberg | Getty Images Macy’s said Tuesday …

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Alibaba CEO Eddie Wu warns of being ‘displaced’

by Betti Alver

Signage at the Alibaba Group Holding Ltd. booth at the Smart China Expo in Chongqing, China, on Monday, Sept. 4, 2023. Qilai Shen | Bloomberg | Getty Images Alibaba needs …

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NSW healthcare students to receive $8000 study subsidies

by Peter Abrahams

Current and future healthcare students will be given a greater incentive to join the workforce as part of a NSW budget measure to boost staff numbers. Study subsidies worth $4000 …

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