The Albanese government will sign a $150 billion research pact with the European Union later this week even as the Coalition remains opposed to the recent free trade deal.

#european-union #albanese #rocks

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ASX set to jump as Wall Street rallies; Nvidia tumbles amid ‘Chinese spy’ probe; Oil falls

Business & Economy

5d ago

ASX set to jump as Wall Street rallies; Nvidia tumbles amid ‘Chinese spy’ probe; Oil falls

The stock market is rallying and recovering more of its big loss from last week as oil prices swing lower. The strength came even though Nvidia, one of Wall Street’s most influential stocks, sank.

#asx #nvidia

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This airline’s ‘business class’ is just economy with better food

Business & Economy

5d ago

This airline’s ‘business class’ is just economy with better food

Short flights on British Airways can mean sitting in an economy seat – but with a pre-flight sleep-in and champagne to soften the blow.

#airways

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Corporate cop investigating $3b collapse of major Sydney builder

Business & Economy

5d ago

Corporate cop investigating $3b collapse of major Sydney builder

Financial advisers are channelling money into a sector that ASIC has accused of being home to some operators that use hidden fees and shift investor cash around.

#sydney #australia

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Wall Street’s $4.7 trillion meltdown may have a silver lining

Business & Economy

6d ago

Wall Street’s $4.7 trillion meltdown may have a silver lining

The “blue tsunami” that hit Donald Trump sent shockwaves through Wall Street. But there may be a bright side to the sharemarket turmoil.

#trump #tsunami

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The Reserve Bank says AI could supercharge your workplace. Right now, it’s inflating cost of living

Business & Economy

6d ago

The Reserve Bank says AI could supercharge your workplace. Right now, it’s inflating cost of living

AI supporters believe it will improve our lives, end disease and give us more free time. But it could come at a financial cost.

#cost-of-living #rba #australia

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David Jones is restocking shelves ahead of Black Friday as buyers circle

Business & Economy

6d ago

David Jones is restocking shelves ahead of Black Friday as buyers circle

Last week’s news that the 188-year-old retailer had tipped into administration drove a “record” levels of shoppers to David Jones stores.

#jones #black

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ANZ profit surges to $7.6b as cost-cutting drive pays off

Business & Economy

6d ago

ANZ profit surges to $7.6b as cost-cutting drive pays off

ANZ’s bottom line benefited from a 14 per cent decline in operating expenses, while its operating income rose 3 per cent.

#anz

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ASX eyes gains, Wall Street steadies as AI stocks rebound

Business & Economy

6d ago

ASX eyes gains, Wall Street steadies as AI stocks rebound

AI stocks bounced back and recovered some of their sell-off from the previous two sessions.

#asx

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Why younger home buyers risk being locked in mortgage prison

Business & Economy

6d ago

Why younger home buyers risk being locked in mortgage prison

There’s a generational gap between those who can switch banks to get a better home-loan deal, and those who cannot.

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The ‘immediate warning sign’ to protect your super

Business & Economy

6d ago

The ‘immediate warning sign’ to protect your super

The financial regulator has put firms on notice after it found some were using unlicensed marketers trying to convince customers to switch or review their super.

#australia

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‘Heist’ merchants or white knights? The private equity firm that owned David Jones

Business & Economy

6d ago

‘Heist’ merchants or white knights? The private equity firm that owned David Jones

Anchorage Capital Partners has owned more than 20 companies, with none more controversial than its tenure at Dick Smith Electronics.

#heist #anchorage #dick

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