Oil reversed early falls to snap a six-day slide as bargain hunters moved in after crude dropped to its lowest level since December 2008 in the prior session. The jump helped boost equities in both the United States and the Europe.
Once businesses have identified an opportunity in China they must then execute an effective strategy to engage the market, which requires cultural and demographic understanding.
US stocks have rallied broadly, led by energy and financial shares as crude oil prices rose and before Wednesday's interest rate decision from the Federal Reserve.
Mining and technology don’t have to be in competition when it comes to capital, Assistant Minister for Innovation Wyatt Roy said today, with the extractive industry in a prime position to export its knowledge in addition to hard commodities.
Kalgoorlie-based Goldfields Money has named former broker Simon Lyons as its new chief executive, concluding a lengthy board renewal process, which began three years ago when the company listed on the ASX.
A new business that aims to boost tourism spending by promoting established operators, with a marketing strategy skewed towards South-East Asian travellers, has been launched in Perth.
Perth residential property prices fell 2.4 per cent in the September quarter, as the Real Estate Institute of Western Australia tipped eight suburbs to watch next year.
Growth forecasts have been cut and deficits are higher across the next four years in the federal government’s budget update released in Perth today, with Treasurer Scott Morrison touting a reduction in spending growth as revenue continues to plummet.
Woolworths has performed a major backflip and reintroduced Qantas frequent flyer reward points for shoppers, two months after it angered many loyal customers by dumping them.
Curtin University has become the latest sponsor of Hockey Australia, leveraging the fact that Australia’s globally dominant teams are based at the Bentley campus.
Qantas shareholders could be set for another windfall after the airline revealed it is on track for a record full-year profit, just two years after its biggest ever loss.
Education provider Navitas will end its affiliation with Western Kentucky University and has flagged the closure of several of its underperforming SAE colleges, in an effort to cut back on costs.
Eden Energy, which is seeking to commericalise its innovative concrete product, is looking to wipe out its debt by completing a $6.1 million capital raising, with its major shareholder committing to over a third of the offer.
The Australian share market is higher in early trade, on the back of positive cues from Wall Street, but the S&P/ASX200 remains below the crucial 5,000 level.
Global equity markets have swung between gains and losses, as volatile oil prices rebounded from multi-year lows while weakness in credit markets weighed on sentiment before an expected US interest rate rise.
Gold has fallen one per cent ahead of a Federal Reserve policy meeting this week, which is expected to announce the first interest rate rise in nearly a decade.
Traditional businesses were slow to wake up to the threat posed by disrupters such as Uber and Airbnb, but they’re now warned and should prepare for further assaults.
German shipbuilder ThyssenKrupp is continuing to advance its case for the federal government’s upcoming submarine contract, worth around $20 billion, partnering with Civmec to build a small demonstration hull in Perth.
VDM Group is expected to seek debt funding from its largest shareholder after a planned $18 million equity capital raising with an unnamed investor fell through.
The federal government’s National Innovation and Science Agenda, released last week, has been well received by Western Australia’s business community, despite mixed evidence that publicly funded incentives for research affect growth.
