SpaceX acquires xAI as Musk looks to unify ambitions
Elon Musk says SpaceX has acquired his artificial-intelligence startup xAI, combining the rocket-and-satellite company with the maker of the Grok chatbot in a move aimed at unifying Musk’s AI and…
US cuts tariffs on India as it stops buying Russian oil
US President Donald Trump says he had agreed on a trade deal with India that slashes US tariffs on Indian goods to 18 per cent from 50 per cent in…
Incoming ASIC chair brings ‘deep’ litigation experience
Sarah Court, the incoming head of Australia’s corporate watchdog, will bring a “strong record in enforcement” to ASIC, outgoing chair Joe Longo says. As the first woman to lead the…
Nationals hold ‘good faith’ talks with Libs to reunite
Nationals leader David Littleproud is facing mounting pressure within his party to reunite with the Liberals after surviving an attempt to challenge his leadership. Mr Littleproud, who vowed no one…
RBA rates rise not the sure thing that the commentariat cries
The conservative commentariat that didn’t want rate cuts last year is urging the RBA to increase rates tomorrow, but it may not happen, Michael Pascoe writes. The money market betting…
Next step after forecast rates hike an unknown path
Expectations are high for a Reserve Bank rate hike at its first meeting of the year, but what it does next is much less certain. As the central bank’s board…
US to create strategic reserve for rare earths elements
US President Donald Trump’s administration plans to create a strategic reserve of rare earth elements, a stockpile that could counter China’s ability to use its dominance of these hard to…
Tourists begin paying to see Rome’s Trevi Fountain
Tourists keen to follow tradition by tossing a coin into Rome’s Trevi Fountain will need to dig a little deeper as the city introduces a visitor fee. The new 2-euro…
Treasurer announces first female head of ASIC
The next head of Australia’s financial regulator has been revealed as a continuity pick that will continue the Australian Securities and Investments Commission’s hardline approach to fighting corporate misconduct. Sarah…
THE DARK money of the Election | The West Report
Newly released Australian Electoral Commission disclosures show the major parties reported $417.2 million in donations and other receipts in 2024 to 25, up 58.2 percent on the post 2022 election…