Shell denies it’s looking to buy energy rival BP
British oil giant Shell has denied media reports that it is in talks to buy rival BP. The Wall Street Journal on Wednesday said Shell was holding “early-stage talks” to…
Bots doing mundane jobs among ‘transformational’ pledge
Artificial intelligence taking on mundane jobs to make the public sector more “efficient” and better first-home buyers boosts have been promised in response to Australia’s largest state budget. The alternative…
Household wealth hit as Trump threatens super balances
More than $16 billion was wiped from superannuation balances at the start of the year as uncertainty over Donald Trump’s tariffs impacted Australians’ net worth. The nation’s collective household wealth…
Bezos and Sanchez wedding causing ripples in Venice
Amazon founder Jeff Bezos and Lauren Sanchez have arrived in Venice ahead of their wedding, which has galvanised an assortment of protesters in the Italian city. Bezos waved from a…
Markets jittery as Trump targets Powell
Asian stocks have stuttered while oil prices stabilised and the euro was perched at a 3 and a half year high as investors weighed geopolitical, economic and fiscal uncertainties and…
‘Embarrassed’: ABC’s Lattouf legal bill to top $2m
Taxpayers are facing a $2 million-plus bill for the Australian public broadcaster’s failed legal defence of its decision to fire a radio host for her views on Gaza. Antoinette Lattouf,…
Meta fends off authors’ US copyright lawsuit over AI
Meta Platforms has had a legal win against a group of authors who argued that its use of their books without permission to train its artificial intelligence system infringed their…
Banks tip earlier rate cut after inflation falls again
Half of Australia’s big four banks are predicting a cut in interest rates when the Reserve Bank next meets following better-than-expected inflation numbers. Despite predictions of inflation remaining steady, headline…
Liberal leader vows to find ‘rivers of gold in revenue’
A Labor budget has failed to deliver any bold visions or ambitious projects befitting of Australia’s economic powerhouse, a state Liberal leader says. Softly spoken NSW Opposition Leader Mark Speakman…
NATO members commit to spending hike sought by Trump
NATO leaders have backed a big increase in military spending that US President Donald Trump had demanded, and restated their commitment to defend each other from attack after a brief…