EconomyLoop
where regional business news becomes global to everyone

Wolf of Wall Street producers settle for $76 million in Malaysia corruption case

The production company behind the Oscar-nominated film has agreed to pay the $76 million to settle claims it benefited from a massive Malaysian corruption scandal.... read more

 ABC47 days ago

     
‘They won’t survive’: Is this the next store to disappear?

THE company behind some of the biggest dining brands in Australia is in serious trouble. And it’s Michel’s Patisserie that is looking the shakiest.... read more

 News47 days ago
Why hundreds of Canadian doctors want a lower salary

Hundreds of doctors in Quebec have called for a planned pay rise to be cancelled and the money diverted instead to nurses and improving state-run health services.... read more

 ABC47 days ago
How simple idea became $70m empire

EIGHT years ago Alli Webb had a simple idea to make some money and solve her girlfriends’ problems. Now she’s running a $70 million business.... read more

 News47 days ago
Five biggest myths about China

... read more

 News47 days ago
'Flippy' the burger-flipping robot is taken offline after just one day

The burger-flipping robot that's supposed to revolutionise the fast-food industry is taken offline after working just one day at a restaurant in California.... read more

 ABC47 days ago
Hotel rooms vacant as home owners cash in on Commonwealth Games tourists

Predictions that Gold Coast hotels could be booked out during the Commonwealth Games appear to be wrong, with Airbnb listings soaring as tourists search for cheaper deals.... read more

 ABC47 days ago
Australia to dodge US tariffs as Trump, Turnbull work on 'security' deal

Prime Minister Malcolm Turnbull has confirmed Australia will be exempt from US President Donald Trump's new steel and aluminium tariffs, as the two leaders work towards a new "security agreement".... read more

 ABC47 days ago
Trump ‘working’ to waive steel tariffs for Australia

US PRESIDENT Donald Trump has taken to Twitter to confirm he and Malcolm Turnbull are working on an agreement to provide Australia an exemption from steel or aluminium tariffs.... read more

 News47 days ago
Trump, Turnbull working on 'security' deal to exempt Australia from tariffs'

US President Donald Trump gives his strongest indication yet that Australia will be exempt from his planned steel and aluminium tariffs, revealing the two countries are working "very quickly" on a new security agreement.... read more

 ABC47 days ago
Scandalous waste vs. saviour of the bush — jury is still out on Royalties for Regions

The grass at the Northam Race Club may be lush and green thanks to Royalties for Regions, but almost 10 years since it cemented a government alliance between the Liberals and Nationals, views on the $1 billion-per-annum fund remain polarised.... read more

 ABC47 days ago
The West Gate Tunnel project survived one political roadblock. But there could be more ahead

Work on the $6.7 billion West Gate Tunnel stopped for less than 24 hours this week when the Coalition and the Greens blocked it in the Parliament. So what happens now?... read more

 ABC47 days ago
'Sorry': Weeping 'Pharma Bro' sentenced to prison for fraud

Martin Shkreli, who became "the most hated man in America" for jacking up the price of a lifesaving drug, cried as he was sentenced to seven years in prison for defrauding investors in two failed hedge funds.... read more

 ABC47 days ago
What affordable housing really looks like

... read more

 News47 days ago
Uni student’s $1.5 million idea

... read more

 News47 days ago
How do we reduce food waste? Think like granny

Before health buzzwords and supermarket chains, our grandparents were the masters of reducing food waste not because it was fashionable, but because it was necessary.... read more

 ABC47 days ago
In a world of playlists, the album fights for its survival

With more and more people consuming music via Spotify or Apple Music playlists, the jury is out on what will become of the album, the decades old, much-loved music format.... read more

 ABC47 days ago
Credit cards deals that hit hard

CREDIT card customers should think twice before rushing in and signing up to balance-transfer deals.... read more

 News47 days ago
US allies line up for tariff exemptions

... read more

 News47 days ago
Film predicted Kim’s shock offer

... read more

 News48 days ago
Judge calls CFMEU behaviour 'flagrant and systematic' intimidation

The CFMEU and 19 of the union's officials are slapped with a $817,500 fine over building site shutdowns that saw unionists block cars and call workers "scabs, grubs and dogs".... read more

 ABC48 days ago
‘Abuse’: China’s fury at Trump

... read more

 News48 days ago
Tragic twist in Macca’s battle

... read more

 News48 days ago
The business week in numbers

... read more

 News48 days ago
'A slap in the face': Flooded outback residents slam airlines over $1,000 one-way flights

Flooded outback north Queensland residents who are stuck after road closures cut off their towns, accuse Virgin and Qantas of price gouging during a time of hardship.... read more

 ABC48 days ago
Australia’s ‘worst tax dodger’

DONALD Trump will finish the year on a high after securing his first major political win. Can it turn his rubbish polls around?... read more

 News48 days ago
Advice from investors earning 37% a year

A NEW listed investment company based on a hugely successful Australian hedge offers a chance to share in its strategies, but if you want to go it alone here are some of their ideas.... read more

 News48 days ago
Former Inpex worker lambasts FIFO workplace culture after recent death

The CFMEU says the latest death related to the $47 billion Inpex Ichthys gas project is the 14th since work began, and a former worker says inadequate efforts are being made to alleviate mental health issues for isolated FIFO workers.... read more

 ABC48 days ago
Trump's softer tariff stance 'removes concerns' of Bluescope Steel boss

Bluescope Steel's share price feel sharply despite its CEO's optimism about President Trump giving Australian steel favourable treatment.... read more

 ABC48 days ago
$1000 fee to work as unpaid intern

... read more

 News48 days ago
Jessica Mauboy's Eurovision song revealed

Jessica Mauboy reveals the song she will perform at this year's Eurovision contest, whipping fans of the pop star and the flamboyant competition into a frenzy.... read more

 ABC48 days ago
SA wine vintage promising, but state election slows sales

Wine sellers say the SA state election is causing a slump in wine sales, but the vintage is still good.... read more

 ABC48 days ago
How Trump got unlikely breakthrough

... read more

 News48 days ago
Trump invited to North Korea

... read more

 News48 days ago
Unions raise safety concerns over 'gig economy' cowboys

Unions NSW and some tradespeople are calling on the Federal Government to set up an independent regulator to oversee the emerging gig economy, amid concerns workers' safety is at risk.... read more

 ABC48 days ago
Myer booted from ASX 200, Xero and Bellamy's get promoted

The struggling department store is longer among the nation's top 200 public companies, with its stocks have fallen by 85 per cent since November 2009.... read more

 ABC48 days ago
Myer removed from benchmark ASX200 index

... read more

 News48 days ago
Trump signs off on tariffs, but hints 'great' Australia could be exempt

The US President says a 25 per cent tariff on steel imports and 10 per cent on aluminium will come into effect in 15 days, but will not initially include Canada and Mexico, with other countries also a chance to be excluded.... read more

 ABC48 days ago
Racy TV host ‘axed’ from Comm Games

A POPULAR swimming presenter who made headlines with her revealing outfits has reportedly been “axed” from the Commonwealth Games line-up.... read more

 News48 days ago
Hotels Association's big funding win after Tasmanian election campaign

The Tasmanian Hospitality Association, which was one of the state Liberals biggest backers during the recent election campaign, is set to have its funding more than tripled in a move Labor says is a "deep corruption of governance".... read more

 ABC48 days ago
Residents' dreams in tatters as unfinished estate hits financial strife

Homeowners in a Darwin estate believed they were buying into a prestigious new suburb, but now the contractor has been liquidated and their dreams are in limbo.... read more

 ABC48 days ago
Kiwi falls against steeled US dollar

... read more

 News48 days ago
ECB gives up on bigger bond buys

... read more

 News48 days ago
Trump singles Australia out

... read more

 News48 days ago
Wall Street rebounds, Trump exempts Canada and Mexico from tariffs

US markets had a volatile day, but rebounded ahead of Donald Trump's decision to exempt Mexico and Canada from his metal tariffs.... read more

 ABC48 days ago
Sydney Airport delays as passengers told to avoid terminals

Sydney Airport tells passengers to avoid the international terminal, and one of two of the domestic terminals, as a technical issue causes chaos and delays to outbound flights.... read more

 ABC48 days ago
Thrills, spills and (occasional) medical bills at mountain biking mecca

They come, they ride and they occasionally break bones. But mountain bike riders are also bringing economic hope to another former forestry town in Tasmania that looked set to wither and die.... read more

 ABC48 days ago
BCL Group claims $4 million debt but figure expected to rise

A director of the collapsed BCL Group claims the company owes at least $4 million to unsecured creditors, documents filed to the Australian Securities and Investments Commission reveal.... read more

 ABC48 days ago
Trump hints Australia could be exempt from steel, aluminium tariffs

The US President suggests Australia could be exempt from his tariffs on steel and aluminium imports, saying excluded nations would likely be those which the US has good trade and military relationships with.... read more

 ABC48 days ago
Aussies shun digital payments for cheques

DIGITAL payments are all the rage but nothing compares to the satisfaction of signing off on an old fashioned cheque for these Aussies.... read more

 News48 days ago