Business

A rapidly modernising India will replace China as the world's key steel growth market but their blast furnaces won't be reliant on Australian coal, researchers predict.Much of India's planned increase in steel-making capacity is based on…

“Fortnite” franchise maker Epic Games is laying off 830 staffers, about 16% of its workforce, in an effort to reduce costs, CEO Tim Sweeney shared in a memo on Thursday. Sweeney noted that most pink slips were…

China Evergrande Group’s founder is being investigated over suspected “illegal crimes”, the embattled developer said on Thursday, as creditors become increasingly concerned about the group’s prospects amid an uncertain debt revamp plan…

OpenAI is reportedly in the advanced stages of discussions with renowned former Apple designer Jony Ive to create an “iPhone of artificial intelligence” as part of a $1 billion venture backed by Japanese…

Up to 20% of new cars on Britain's roads could still be petrol and diesel models in 2030, after the government published guidelines for phasing out new internal combustion engine cars and vans by its new extended deadline…

The Nasdaq has lagged major US stock indexes as megacaps came under pressure with Treasury yields resuming their upward charge while investors assessed fresh economic data and awaited Federal Reserve chief Jerome Powell's remarks.As the…

Delta Air Lines’ CEO admitted on Monday the airline “probably went too far” in clamping down on its SkyMiles reward program and access to its 50-plus Sky Clubs — and signaled the company plans to relax some…

Tesla CEO Elon Musk thinks the Biden administration is pursuing multiple investigations into his companies because it may “have it in” for the mogul, who has been critical of the president as well as the…

Alan Joyce could face the prospect of jail time if he fails to front a Senate inquiry into the blocking of extra flights from Qatar.The former Qantas chief has been warned he will need to face the inquiry when he returns to Australia…

Former President Donald Trump, a 2024 presidential hopeful, arrives at a Team Trump Iowa Commit to Caucus event at Jackson County Fairgrounds in Maquoketa, Iowa, on Sept. 20, 2023.Scott Olson | Getty ImagesA judge on Tuesday ruled that…