Business

MarketsAust shares dip but 1.27pc higher for week

ASX investors had minor losses on Friday but the market climbed for the week as first-half earnings season looms.

Steven Deare

WA Potash DevelopmentAustralian Potash given green-light at Lake Wells

Australian Potash’s Lake Wells Sulphate of Potash project remains on track after the WA Minister for the Environment dismissed an appeal against the EPA Board’s recommendation that the project be approved for development, with one EPA condition to be amended.

Matt Birney

Empire shiftsTrump returns to a business empire ravaged by pandemic

The disclosure showed sizeable debt facing the company of more than $US300 million ($386m), much of it coming due in the next four years.

EnergyFortescue aims to make `green' steel

Fortescue Metals founder Andrew Forrest has revealed a plan to start building an environmentally-friendly steel pilot plant in Australia, doing away with coal.

Steven Deare

Antilles progresses $20m tailings project dispute claim

Antilles Gold says arbitration proceedings for the settlement of contractual disputes with the Dominican Republic Government are moving ahead with the company having lodged a formal statement of claim and witness statements to the World Bank’s International Centre for Settlement of Investment Disputes.

Matt Birney

Big fallBitcoin’s rocky week highlights danger of crypto hype

The largest cryptocurrency is on course for one of its worst weeks since the pandemic roiled financial markets in March last year.

Eric Lam

Blackstone downstream vision piques Trafigura interest

ASX-listed Vietnam base metals player, Blackstone Minerals has taken a significant initial step in its quest to produce downstream nickel, receiving a non-binding letter of interest from global commodity trading giant, Trafigura.

Matt Birney

Noise complaintsPopular Darwin venue banned from hosting live music events

A POPULAR Darwin venue has been banned from hosting live music events over noise and language complaints from neighbours until the $100,000 solution to the problem is installed

KIERAN BANKS

Rev up‘Church and Maccas’: Baz gets a taste of ‘bikie’ life

Triple M put the call to speak to bikie gang members, and one caller was ready to burn rubber.

Shares soarLynas secures US deal for $US60m rare earths plant

The rare earths miner has finalised a deal with the US Government to build a processing plant in Texas, with the Department of Defence set to pick up half the tab.

Daniel Newell

Now hear this!Nuheara revenue amplifies on record sales

Perth-based hearing technology manufacturer Nuheara’s revenue has amplified in the second quarter after achieving record sales.

Kate Purnell

BusinessJapan has biggest price fall in 10 years

Falling energy prices and a travel subsidy program have pushed Japan's consumer price index down one per cent - it's biggest fall in more than a decade.

‘Barely an ice cream’CBA and Westpac shave savings rates to new lows

Two of Australia’s major banks have dealt a blow to savers by further slashing rates on deposit accounts.

Gerard Cockburn

“Unworkable”Google makes big threat to Aussie internet users

Google has threatened to stop making its search engine available in Australia unless major changes are made to the ‘unworkable’ mandatory laws that would see tech giants pay news outlets for content.

Sarah Ison

Feeding ChinaFMG flags mega profit from sky-high iron ore prices

The figure is up more than 500 per cent on the net profit the Andrew Forrest-led company delivered in the previous first half.

Stuart McKinnon

Voucher spendMyDarwin shoppers churn through half of $200,000 pool

AFTER two days, the sixth round of the MyDarwin voucher scheme, shoppers have churned through almost half of its $200,000 fund pool

Will Zwar

Small dentChina trade rift costs Australia $3b in lost exports

The relatively small impact suggests there’s little economic need for the country to bow to Beijing’s pressure.

COVID’s lessonsHow to future-proof yourself for business shocks

Businesses have battled through what for many was their toughest year ever. Here’s how to prepare for the next challenges.

Anthony Keane

Big winNRW wins $80m crushing contract at FMG’s Solomon

The deal comes as the contractor closes in on its full takeover of Perth-based mining specialists Primero.

Daniel Newell

Gathering strengthIron ore port cleared as Lucas bears down

The Pilbara Ports Authority told all large vessels to clear the terminal overnight in anticipation of the arrival of the first tropical cyclone of the summer.

MediaGoogle agree French copyright deal

In a European first, Google has agreed a copyright framework with French publishers over payment for online content.

Mathieu Rosemain

House That!Ex-home of serial killers the Birnies sold on cheap

The Willagee house that was once home to serial killers Catherine and David Birnie has found a new owner — and it sold for a fair discount on the asking price.

Kim Macdonald