China’s biggest steelmaker exits Queensland coal
Chinese state-owned company Baowu has called time on a dirty decade by selling an undeveloped asset acquired in the 2014 takeover of Aquila Resources.
Rio Tinto to set nature targets ahead of massive Guinea project
The mining giant’s sustainability credentials have been in question. But chairman Dominic Barton says it is focused on standards in developing nations.
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Around the world
Joe Biden threatens to pull support for Israel in Benjamin Netanyahu call
The US president also called for an “immediate” ceasefire in Gaza during a tense conversation with the Israeli prime minister.
UK billionaire Joe Lewis avoids jail for insider trading
The businessman, who half owns Australian beef giant AACo, had pleaded guilty to tipping off friends, private pilots and a girlfriend.
Goldman Sachs’ women problem is getting worse
The mean hourly pay difference between men and women has reached 54 per cent as the bank struggles to promote more women to top positions.
Why young Chinese employees are wearing ‘gross’ outfits at work
Defying expectations for proper work attire reflects a growing aversion among China’s youth to a life of ambition and striving.
Matter of opinion
Are we on the brink of an Asian currency war?
As tensions over China’s push into high-tech manufacturing flare, analysts warn that it’s only a matter of time before it follows Japan’s lead in competitive currency devaluations, writes Karen Maley.
The Fed is wrong about how low rates will go
Betting against the Fed is a fraught endeavour. Nonetheless, in this case I think the market is right, writes Bloomberg’s Bill Dudley.
Business life
How to make money being Paul Keating
Thank god for writing royalties, says Jonathan Biggins, who reckons politics is stuck on repeat and the new puritanism is hard to poke fun at.
EV-curious? Check out this Range Rover
The Velar P400e is a mid-sized, plug-in hybrid electric vehicle, the first in the Velar range – and also the dearest.
This CEO takes a return to running in her stride
Samantha Hunter, chief executive at Occupational Therapy Australia, had a 40-year break from jogging. Now she has the New York Marathon in her sights.
