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Australia’s trade surplus up 2pc in May

Australia’s trade surplus rose 2 per cent to $8.03 billion in May, as imports fell faster than exports. Exports dropped 4 per cent to $35.7b,...

Lendlease set for up to $340m full-year loss

Construction and property group Lendlease expects to declare a full-year statutory loss of $230 million to $340 million, compared to a $467m profit last...

Manufacturing slowly recovers in June but headwinds remain

Australian manufacturing activity has expanded for the first time since February, mainly led by new orders in the food and beverages industry as trading...

Companies beat profit forecasts in March quarter but pain still to come as coronavirus takes its toll

Company profits rose by just 1.1 per cent in the March quarter as restrictions imposed to slow the spread of the coronavirus began hampering...

Proposed testing plan could cost $100 billion

Global cases: More than 2,494,900Global deaths: At least 171,249US cases: More than 787,900US deaths: At least 42,364 The data above was compiled by Johns Hopkins...

Dow futures fall more than 100 points as Wall Street takes a breather after last week’s gains

A man wears a protective mask as he walks on Wall Street during the coronavirus outbreak in New York City, New York, U.S., March...

Federal Reserve President Harker says lost jobs will come back, but US should be patient

Philadelphia Federal Reserve President Patrick Harker expressed optimism Thursday that many of the 22 million jobs lost so far during the coronavirus lockdown will...

Covid-19 vaccine with Sanofi is ‘unprecedented collaboration’

GlaxoSmithKline CEO Emma Walmsley on Tuesday told CNBC's Jim Cramer that her company's newly announced partnership with industry peer Sanofi is an "unprecedented collaboration" between competitors. The...

Mark Mobius on markets bottom, investing, coronavirus

Markets probably have not hit the "absolute bottom" yet, said veteran emerging markets investor Mark Mobius, who urged investors to keep cash on hand...

OPEC and allies finalize record oil production cut after days of discussion

OPEC and its oil producing allies on Sunday finalized a historic agreement to cut production by 9.7 million barrels per day, following multiple days...

Treasury Department says larger airlines have compensate taxpayers

The country's largest airlines will have to compensate taxpayers for billions in payroll grants to weather coronavirus, the Treasury Department said Friday, leaving the...

Mark Cuban says coronavirus will end up improving capitalism with companies putting employees first

Mark Cuban, chairman and chief executive officer of Axs TV, speaks during the Skybridge Alternatives (SALT) conference in Las Vegas, Nevada, U.S., on Thursday,...

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