Top Australian News

Reuters: Business News

12/18/2018 11:05:29 AM

Glencore-controlled Katanga Mining said on Tuesday it had agreed to pay more than $22 million to settle Canadian allegations of inadequate historical disclosures of its finances and activities in the Democratic Republic of Congo.

12/18/2018 10:59:37 AM

Kinder Morgan is facing a proposed class action lawsuit, claiming that a division of the pipeline operator has emitted chemicals and toxic gas that caused damage to property and killed animals.

12/18/2018 10:59:17 AM

U.S. search and advertising company Yelp has lost its bid to intervene in Google's challenge against a 2.4 billion euro ($2.7 billion) EU antitrust fine after an EU court said it had no direct interest in the case.

12/18/2018 10:57:40 AM

Exxon Mobil Corp sent a letter to the U.S. Environmental Protection Agency in support of methane gas emission rules put in place under the Obama administration, according to a copy of the letter seen by Reuters.

12/18/2018 10:27:43 AM

Elon Musk's rocket company SpaceX Corp is set to raise $500 million at a $30.5 billion valuation, the Wall Street Journal reported on Tuesday, citing people familiar with the fundraising plan.

12/18/2018 10:03:20 AM

German auto supplier IAV Gmbh has agreed to plead guilty and pay a $35 million fine for conspiring to assist Volkswagen AG in its effort to evade U.S. diesel emissions standards, the U.S. Justice Department said on Tuesday.

12/18/2018 10:00:53 AM

U.S. President Donald Trump on Tuesday further sought to pressure the Federal Reserve as the central bank prepared to start its two-day policy meeting, warning the Fed's board not to "make yet another mistake" ahead of an expected interest rate hike.

12/18/2018 10:00:53 AM

U.S. stocks rebounded on Tuesday after losing about 2 percent in each of the past two days, helped by gains in the technology sector, and a rebound in some bellwether stocks such as Boeing and J&J.

12/18/2018 9:38:54 AM

The excitement of proposed initial public offerings by ride-hailing rivals Uber and Lyft next year may not be enough to encourage other firms to follow suit, as they fear that slowing global growth and rocky stock markets dragging into next year could threaten market debut valuations.

12/18/2018 9:36:09 AM

World stock markets inched higher on Tuesday as investors looked ahead to whether the U.S. Federal Reserve will be able to raise interest rates much further amid turbulent markets and a weakening outlook for the global economy.