Priceline owner rejects Bunnings bid
Priceline Pharmacy owner Australian Pharmaceutical Industries has rejected a takeover offer from Wesfarmers. API on Thursday said the $687 million offer for...

Australian shares have biggest rise since March
Investors have had their best day on the ASX since March and regained most of Monday’s losses after US financial leaders eased...

Seven shares surge over positive earnings forecast
Seven executives have forecast full-year earnings that exceed analysts’ estimates and say the momentum will continue with its Olympics and Ashes coverage....

AMP sued over sales of insurance to dead people
Financial regulator ASIC is taking wealth manager AMP to court for selling life insurance to dead people – one of the controversies...

Westpac accused of insider trading in $12bn energy deal
Westpac is being sued for alleged insider trading, amid claims the bank unfairly profited from a $12 billion interest rate swap deal....

Premier Investments to repay $15 million in JobKeeper
Retail magnate Solomon Lew’s Premier Investments will pay back $15.6 million in JobKeeper wage subsidies, in a surprising shift on the taxpayer...

AMP denies chief executive has resigned
AMP denies media reports that chief executive Francesco De Ferrari has resigned, but says he and the board are discussing the wealth...

Retail sales surge, but Sydney virus outbreak could limit Christmas spending
Retail sales surged by seven per cent in November, but border restrictions and other measures due to a Sydney virus outbreak could...

Lew defends Premier pay after shareholder revolt
Premier Investments chairman Solomon Lew has hit back at shareholders who voted against the company’s executive pay and served a “first strike”...

Qantas chief Alan Joyce blames borders for $100-million blow to earnings
Qantas has suffered a $100 million hit to its first quarter earnings after several states closed their borders in July in response...
