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Latest news: Company Information

Amazon cuts 16,000 jobs in the latest round of layoffs

Amazon cuts 16,000 jobs in the latest round of layoffs

Amazon has told staff it plans to cut around 16,000 jobs globally as part of efforts to streamline operations and reduce bureaucracy across the business.

U-turn: Ford takes $US19.5b hit, retreats from EVs

U-turn: Ford takes $US19.5b hit, retreats from EVs

U-turn: Ford takes $US19.5b hit, retreats from EVs

U-turn: Ford takes $US19.5b hit, retreats from EVs

Ford is backing away from plans to manufacture large electric vehicles, citing lacklustre demand.

Nvidia results beat estimates amid AI bubble jitters

Nvidia results beat estimates amid AI bubble jitters

Nvidia results beat estimates amid AI bubble jitters

Nvidia results beat estimates amid AI bubble jitters

Chip giant Nvidia beat Wall Street's expectations for revenue and upcoming sales, easing fears about AI spending that have jolted the US stock market recently.

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Embattled telco takes another hit after anti-scam fail

Embattled telco takes another hit after anti-scam fail

Optus has paid a six-figure fine after a technical glitch let scammers gain access to customers' bank accounts.

Christmas bookings bring good tidings for pub giant

Christmas bookings bring good tidings for pub giant

Australians look set to open their wallets over the festive period with hospitality giant Endeavour Group projecting strong Christmas pub bookings.

BHP liable for 2015 Brazil dam collapse, UK court rules

BHP liable for 2015 Brazil dam collapse, UK court rules

BHP can be held liable over the 2015 collapse of a dam in southeastern Brazil, London's High Court has ruled.

Mining boss skewers Trump over moves against renewables

Mining boss skewers Trump over moves against renewables

Renewable energy is taking over from oil, coal and gas, an Australian mining magnate has told shareholders, and efforts to hold back the trend are misguided.

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Workers threatened with weapons as retail crime spikes

Workers threatened with weapons as retail crime spikes

Workers threatened with weapons as retail crime spikes

Workers threatened with weapons as retail crime spikes

Retail crime is worsening with a drastic number of Bunnings and Kmart workers threatened with violence every month, parent company Wesfarmers says.

Coles puts heat on Woolworths with strong sales growth

Coles puts heat on Woolworths with strong sales growth

Coles puts heat on Woolworths with strong sales growth

Coles puts heat on Woolworths with strong sales growth

Supermarket giant Coles continues to take market share from key rival Woolworths, posting stronger quarterly sales growth than its bigger competitor.

'Eye off the ball': Woolies lays blame for limp results

'Eye off the ball': Woolies lays blame for limp results

'Eye off the ball': Woolies lays blame for limp results

'Eye off the ball': Woolies lays blame for limp results

A string of "distractions" are the reason why Woolworths failed to deliver for shareholders, the company's leaders say.

Protests and price drops: mining giant faces challenges

Protests and price drops: mining giant faces challenges

Protests and price drops: mining giant faces challenges

Protests and price drops: mining giant faces challenges

Protesters have disrupted a meeting held by one of Australia's largest coal mining companies but bigger challenges could come from global price fluctuations.

Largest smelter could close in 'national interest' blow

Largest smelter could close in 'national interest' blow

Largest smelter could close in 'national interest' blow

Largest smelter could close in 'national interest' blow

Rising energy costs could force Australia's largest aluminium smelter to shut, but leaders have promised to do everything possible to keep it going.

CSL shares plunge to six-year low as growth stalls

CSL shares plunge to six-year low as growth stalls

CSL shares plunge to six-year low as growth stalls

CSL shares plunge to six-year low as growth stalls

CSL shares have tumbled more than 15 per cent to their lowest level since 2018 after it cut its profit forecast given falling US flu vaccine rates.

Tough decisions on closures to help Bega's bottom line

Tough decisions on closures to help Bega's bottom line

Tough decisions on closures to help Bega's bottom line

Tough decisions on closures to help Bega's bottom line

The closure of a cheese factory in Victoria and a peanut business in Queensland at a cost of 450 jobs will help Bega Cheese boost its earnings.

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Auto parts dealer Bapcor's shares slump to decade low

Bapcor says it's identified "historic poor operational practices" in its trade division that will result in a $12 million hit to its bottom line.

Who owns that company? Find out in 2028 for just $207m

A new searchable company register list will allow the public to discover which people and firms own Australian companies.

Origin takes heat over coal-fired power station

Moving from coal-fired power stations to renewable energy projects could take longer than expected, a retailer has warned, amid delays and high costs.

Winklevoss twins' crypto exchange launches in Australia

Crypto exchange Gemini says it views new regulations being developed by the federal government as a positive as it launches Australian services.

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Lovisa CEO denies misconduct allegations at Smiggle

Billionaire businessman Solomon Lew has made sensational allegations against the fired CEO of his back-to-school chain Smiggle, who is now the boss of Lovisa.

Kathmandu, Rip Curl owner slumps to huge full-year loss

The owner of Kathmandu, Rip Curl and Oboz footwear, KMD Brands has posted a statutory loss of $105 million - its worst result in at least a decade.

BHP set to appoint first female CEO: report

The world’s largest mining company BHP is expected to appoint the first female leader in its 140-year history, according to a report.

Crunch time for Star despite narrowing full-year loss

Uncertainty continues to swirl around Star Entertainment Group's future after the struggling casino operator posted another significant full-year loss.

Shoppers check out of Woolies as Coles registers gains

Shoppers are switching supermarket brands with Woolworths losing sales to arch-rival Coles as the giant chains post contrasting financial results.

Novo Nordisk warns of layoffs as pressure mounts

Danish pharmaceutical giant Novo Nordisk, Europe's most valuable company, is eyeing potential cost-cutting measures.

Glencore scraps plan for New York listing, flags cuts

Glencore says it will keep its primary listing in London, shelving a possible move to New York.

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