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Underlying profit before tax in the six months to Dec 31 – the airline’s preferred measure of financial performance – was Aus$921 million (US$666 million), at the upper end of analyst expectations.

Iran’s envoy to the Organization of the Petroleum Exporting Countries, Mahdi Asali, said Tehran intends to step up exports until they reach the level it had before worldwide economic sanctions were imposed on it in an effort to force Iran to agree to a ban on its suspected...

Steinhoff International Holdings made a 1.4-billion-pound ($2 billion) counter bid for Britain’s Home Retail Group, taking on J Sainsbury for control of the Argos stores owner.

The agency which is a watchdog for big crude oil consumers, expects the glut in oil supply to continue into 2017.

The diversified technology and manufacturing company and United Technologies, an aerospace company, have held discussions about a merger during the last two weeks, sources told CNBC.

The Bernstein analysts said the 13% fall in underlying income was more than they had expected. Officials are forecasting growth of between 6.5 and 7 per cent this year.

“We continue to work cooperatively with our partners on this issue, and we have taken steps to strengthen our processing systems and fraud filters to watch for scam artists trying to use stolen information to file bogus tax returns”. Many of them got it not once, but...

The board approved the petition Monday from the Rev. David Bullock of Detroit.

With capacity to store oil exhausted in some places, prices may need to drop low enough to halt crude output that can no longer be stockpiled, said Jeff Currie, Goldman’s head of commodities research.

The world’s biggest mining company BHP Billiton has announced a loss of nearly AUD$7.84 billion in its half year results amid tumbling commodity prices.

“This funding continues Michigan’s substantial and coordinated response to the Flint water crisis”, Snyder said in a statement.

On Monday, Starbucks announced that it was making changes to its loyalty program and will now reward customers based on how much money customers spend. The new program will award points for every dollar spent, a change that’s sure to spark complaints from customers who are...

A young Miami woman is fighting to survive after her family said she was violently attacked by her roommate earlier this week.

This is despite fellow OPEC ministers holding a meeting in Tehran to try and broker a deal. One of the flaws in the oil deal, is the fact that Saudi Arabia and its allies have chosen to freeze production at January levels which were already high.

“(The decision from Johnson) signaled a heightened level of uncertainty”, currency analysts at the Dutch financial firm Rabobank said in a research note.