Business News

The war in Iran has disrupted oil exports through the Strait of Hormuz, and now major oilfields in the region are being shut down, pushing prices towards record highs.

An in-depth look at the declining popularity of the Giving Pledge among the ultra-wealthy, as the philanthropic movement faces growing resistance and skepticism.

Criminals are exploiting flight cancellations and delays caused by the Iran-US tensions to target passengers seeking help or refunds from airlines.

Economist predictions indicate the Reserve Bank of Australia will hike interest rates, as the government braces for rising inflation and increased cost-of-living burdens.

Exclusive details on the Trump administration's $10 billion fee for brokering the TikTok deal, including how it's being paid out and the broader implications.

New legislation introduced by the Minns government aims to significantly increase penalties for property underquoting in NSW, following ongoing issues in the real estate market.

The US Army has announced a colossal $20B contract with defense technology company Anduril, consolidating over 120 separate procurement actions into a single enterprise agreement.

Rising jet fuel prices driven by the Middle East conflict could lead airlines to raise ticket prices and add fuel surcharges, putting pressure on travelers this summer.

Meta is looking to cut costs by laying off up to 20% of its employees, sources say, in the largest round of layoffs since November 2022.

Meta, the parent company of Facebook, is reportedly planning significant job cuts that could impact up to 20% of its workforce, as the tech giant looks to control spending amid a broader industry downturn.