Business news


 Oil producers announce surprise cuts in move which could force up prices

Oil producers announce surprise cuts in move which could force up pr...

April 02, 2023 06:03 PM AEST | By PAMEDIA

Saudi Arabia was joined by other major oil producers in cutting the number of barrels they produce each day.

 Saudi Arabia risks angering US as it announces cut in oil production

Saudi Arabia risks angering US as it announces cut in oil production

April 02, 2023 03:25 PM AEST | By PAMEDIA

The move will likely raise oil prices, further straining relations between Riyadh and Washington.

 Full list of NatWest, Lloyds, Halifax, Bank of Scotland and RBS branches to shut

Full list of NatWest, Lloyds, Halifax, Bank of Scotland and RBS bran...

March 31, 2023 10:20 AM AEDT | By PAMEDIA

More bank branches are to close across the UK.

 Huawei profit plummets amid sanctions but sales rise

Huawei profit plummets amid sanctions but sales rise

March 31, 2023 09:59 AM AEDT | By PAMEDIA

The tech giant said its annual revenue for 2022 reached 642.3 billion yuan (£75.55 billion), a 0.9% gain from the year before.

 Harvey Norman spruiks Malaysia opportunity

Harvey Norman spruiks Malaysia opportunity

November 24, 2022 11:16 AM AEDT | By AAPNEWS

<p>Harvey Norman, which is holding its annual general meeting, says quarterly sales for its 28 Malaysian outlets have jumped by almost 40 per cent.</p...

 QBE warns of $100m catastrophe blowout

QBE warns of $100m catastrophe blowout

November 21, 2022 01:16 PM AEDT | By AAPNEWS

<p>QBE expects to exceed its catastrophe allowance by around $100 million this year as the war in Ukraine and extreme weather events cause elevated cl...

 Retail sales strong but rate rises biting

Retail sales strong but rate rises biting

October 31, 2022 02:49 PM AEDT | By AAPNEWS

<p>Spending reached another high in September with price inflation and an extra national public holiday contributing to a $35.1 billion month for reta...

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