Business News

A powerful explosion rocked a major oil refinery near the Texas coast, prompting nearby residents to shelter in place. No injuries were reported, but the incident caused significant disruption.

A top venture capital firm has removed an article discussing its investment in a startup after a whistleblower accused the company of fabricating audit evidence.

A whistleblower has accused a startup of fabricating audit evidence, leading its high-profile investor to remove an article touting its investment. Unraveling the allegations of compliance failures.

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ABC journalists to walk off the job for 24 hours, protesting low pay, work conditions, and potential AI replacement. BBC World Service to fill in for 7.30 and AM programs.

New Gallup survey reveals a dramatic rise in Americans' pessimism about the job market, despite low unemployment, as the hiring drought continues to impact worker sentiment.

Despite soaring petrol prices, Australians have not reduced driving or increased public transport usage yet. Experts warn a shift in travel habits is needed to manage the fuel crisis.

Australian beef producers gain greater access to European markets, while also securing the right to sell Italian-style prosecco, under a new trade agreement with the EU.

Australia and the EU have struck a major trade agreement, lowering tariffs on European food, wine, cars and fashion. But farmers are unhappy with meat export quotas.

In a landmark penalty, an Australian online photobook company was fined for instructing influencers to hide that their Instagram posts were paid advertisements.