The Australian | Business | World Business News
FBI probes possible J.P. Morgan hacking
Aug 27 2014
THE Federal Bureau of Investigation is probing a possible computer hacking attack on J.P. Morgan Chase & Co.Snapchat valued at $10bn
Aug 26 2014
KLEINER Perkins Caufield & Byers has agreed to invest in ephemeral message service Snapchat at a valuation of close to $US10 bn.Rosneft poised for Arctic LNG stake
Aug 26 2014
ENERGY giant Rosneft is poised to take control of a new Arctic Circle LNG project planned for an area of northern Russia fronting the Barents Sea.Global tech to transform over 3 weeks
Aug 26 2014
THE world’s tech will undergo a transformation over just three weeks with a bonanza of new phones, tablets, smart watches and OLED 4K TVs.Young diners not lovin’ it
Aug 25 2014
MCDONALD’S revenues have slumped and there’s one key reason: Millennials aren’t Maccas fans, choosing fresher, healthier food instead.Former IBM chief John Akers dies
Aug 24 2014
JOHN Akers, who led IBM as its longtime dominance of the computer industry began to wane, has died, aged 79.Bangladesh next in Seek strategy
Aug 20 2014
ONLINE jobs and education group Seek will continue expansion into international markets.Buffett joins $200K club. Membership: 1
Aug 15 2014
IMAGINE if you’d spent a grand on a single Berkshire Hathaway share 31 years ago. That stock just passed $US200,000 and is still climbing.Bloomberg Markets
Brazil’s Billionaire Batistas Poised for Venezuelan Oil Revival
Jan 18 2026
The billionaire Batista brothers are eyeing a billion-barrel Venezuelan oil project that stands to benefit from US President Donald Trump’s planned revival of the South American nation’s energy sector.Wall Street’s Hot 2026 Trades, From AI Dispersion to Tech Tails
Jan 18 2026
As investors are caught between fear of missing out on a further stock market rally and the building geopolitical risks, they can take a cue from the derivatives strategists at the biggest Wall Street banks.‘No Reasons to Own’: Software Stocks Sink on Fear of New AI Tool
Jan 18 2026
The new year was supposed to bring opportunities for beaten-down software stocks. Instead, the group is off to its worst start in years.What’s Happening in EM: Surge in Private Credit Deals (Podcast)
Jan 18 2026
This week, Mpho Hlakudi in Johannesburg joins Selcuk Gokoluk to discuss how private credit funds are looking to take advantage of increased demand for emerging markets investments in a shift away from US credit.Sovereign Wealth Funds Join Clamor for Private Credit in EMs
Jan 18 2026
A record wave of private credit deals across emerging markets looks set to extend this year, with a host of institutional and sovereign wealth investors seeking to diversify their US-focused portfolios.ECB’s Kazaks Tells FT Europe Is Already ‘at War’ With Russia
Jan 18 2026
Policymakers shouldn’t be “naive” to think that Europe isn’t already “at war” with Russia and central banks need to prepare for further escalation, European Central Bank Governing Council member Martins Kazaks told the Financial Times.South Africa to Resume Kruger Park Day Visits on Better Weather
Jan 18 2026
Day visitation to South Africa’s iconic Kruger National Park will resume on Monday on better weather conditions following the devastation caused by deadly floods last week.Hong Kong to Sign MOU With Shanghai Gold Exchange, Chan Says
Jan 18 2026
Hong Kong will sign a memorandum of understanding with the Shanghai Gold Exchange at the upcoming Asian Financial Forum, according to the city’s Financial Secretary Paul Chan.Bloomberg Technology
Fintech Tycoon’s Startup Platform Merges With Milan Tech Hubs
Jan 18 2026
A nonprofit foundation backed by Italian billionaire Andrea Pignataro is merging with the tech incubators of Milan’s leading universities in a bid to boost early-stage investment in the country.Israel’s Wartime Tech Economy
Jan 18 2026
Israel has long been known as the “startup nation,” and its tech sector accelerated during the Israel-Hamas war. Since 2023, Israeli startups have raised record levels of private capital, driven by growth in cybersecurity, defense, artificial intelligence, biotech, and dual-use technologies. Author and political advisor Dan Senor, OurCrowd’s Ely Razin, and NH Ventures CEO Hyun Jun Kim explain how military-trained industry talent, combined with cross-border investment from the US, Gulf states, and Asia, bolstered Israel’s startup ecosystem. (Source: Bloomberg)Sequoia to Join Funding Round for AI Startup Anthropic, FT Says
Jan 18 2026
Sequoia Capital is planning a “big investment” in Anthropic, the artificial intelligence startup behind the chatbot Claude, according to the Financial Times.Solar Giant Longi Flags Another Full-Year Loss as Slump Persists
Jan 18 2026
Chinese solar giant Longi Green Energy Technology Co. warned it may report another loss in calendar year 2025 as a prolonged downturn continues to weigh on the solar supply chain.China’s New Tech Stock Boom Leaves Its Economic Malaise Behind
Jan 18 2026
Nearly a year after DeepSeek’s AI breakthrough rattled global markets, China is entering 2026 with a fresh wave of technological advances that are powering a stock rally, even as its economy remains fragile.Musk Says Tesla Almost Done With AI5 Chip Design, Working on AI6
Jan 17 2026
Tesla Inc. is almost finished with the design of the AI5 chip for its full self-driving system, and is in the early stages of developing the next version, AI6, Chief Executive Officer Elon Musk said in a post on X.NASA Readies Boeing-Lockheed Craft for Moon Race With China
Jan 17 2026
NASA began rolling out a costly rocket to the launchpad at the Kennedy Space Center in Florida on Saturday, a milestone in a lunar space race between the US and China.Micron to Buy Taiwan Chip Fabrication Site for $1.8 Billion
Jan 17 2026
Micron Technology Inc. has signed a letter of intent to buy a fabrication site in Taiwan from Powerchip Semiconductor Manufacturing Corp. for $1.8 billion to expand its memory chip production.Bloomberg Wealth
Most Delfin Owners Push for Financial Holdings Sale, Paper Says
Jan 17 2026
Five of the eight heirs to the Del Vecchio fortune are pressing the board of their family’s holding firm to advance a plan to sell or distribute its financial holdings, Italian newspaper La Repubblica reported Saturday.White House Weighs Executive Action to Cap Credit Card Rates
Jan 16 2026
The White House is weighing an executive action to enact President Donald Trump’s call for a cap on credit card interest rates, in addition to other measures seeking to ease US affordability challenges.CIO of Family Office Investing Chanel Fortune to Step Down
Jan 16 2026
The chief investment officer of Mousse Partners, which manages the wealth of the family behind luxury brand Chanel, is stepping down after about a decade at the firm.Trump Wants Homebuyers to Tap 401(k)s for Down Payments. Should They?
Jan 16 2026
President Donald Trump is slated to unveil a plan for letting retirement savers use the money to buy homes.