BP and Shell led Big Oil’s push into renewable energy. Now they are leading the retreat.

The Australian sharemarket closed largely flat on Wednesday afternoon, reversing a rise earlier in the day, as investors await the latest rate decision from the US Federal Reserve.

Honda and Nissan are preparing to start negotiations on a possible merger, which could ultimately be expanded to include Mitsubishi, Japan’s Nikkei reported.

Certainly, the ABC needs new leadership, but did it have to be someone with as much baggage as Hugh Marks?

Those retiring in coming years – particularly those who own their own home – won’t just be comfortable, they’ll be rolling in it.

ASX-listed fintech companies have surged recently as corporate dealmakers targeted undervalued companies. Could Raiz Invest be next?

National Australia Bank chief executive Andrew Irvine says the nation’s economy is in “reasonable shape” and he’s optimistic about trading conditions in 2025 as interest rates decline. 

Another senior executive is exiting the media company, with head of sales Michael Stephenson moving on.

The world is in for a lot of pain if US-China relations continue to deteriorate.

The No.1 contender to take Foxtel off News Corp’s hands is a British sports streamer that’s potentially banking on a huge influx of cash from Saudi Arabia.

AGL, one of the nation’s biggest energy retailers, has been dealt a record fine of $25 million for wrongly taking money from hundreds of welfare recipients.

The Australian sharemarket lost almost $50 billion and the Aussie dollar hit a new two-year low on Thursday, after the US Federal Reserve signalled fewer rate cuts in 2025 than expected.

Woodside chief executive Meg O’Neill said the strategic and commercial rationale for the swap was “compelling”.

A big change in the Federal Reserve’s thinking triggered a bloodbath on Wall Street that has spread around the world.

Nearly 40 per cent of the company’s shareholders voted against ANZ’s executive pay scheme at the company’s AGM on Thursday.