Facebook CEO’s $11.4M spending spree
IN 2017, a staggering $11.4 million was spent on security and private jets for Facebook CEO and founder Mark Zuckerberg.
World Markets
AGL not backing down on Liddell
AGL Energy boss Andy Vesey says his company has not questioned its decision to shut down the Liddell coal-fired power station.
CBA admits ‘unacceptable’ failures
NEW CommBank CEO Matt Comyn has warned there are difficult times ahead as his institution faces up to a series of “unacceptable” failures.
The death of an iconic shopping strip
ONCE thought to be the world’s hottest shopping location, this iconic New York location now resembles a vast wasteland.
China: ‘We’ll win US trade war’
CHINA’S state media has boasted the country would win any trade war with the US, as tensions between the nations escalate.
Amazon dives as Trump takes another swipe
AMAZON shares have fallen after US President Donald Trump again attacked the online retailer, while the Dow Jones has taken a tumble in response to the US-China trade war.
Wall Street shares dive amid trade war fears
TECH giants including Amazon, Tesla and Microsoft have experienced heavy losses as the American stock market nosedives.
Amazon shares plunge after Trump attack
AMAZON shares have fallen 6 per cent after President Donald Trump again attacked the online retailer over delivery pricing.
Trump accuses Amazon of tax dodge
PRESIDENT Trump has slammed the e-commerce juggernaut for not paying enough tax and putting small retailers out of business.
Trump unfazed by trade war fears
PRESIDENT Donald Trump has no intention of backing down on plans to impose tariffs on up to $US60 billion in Chinese goods.
Protesters storm through Paris streets
OVER 200,000 protesters took to the streets of France yesterday in a showdown between trade unions and President Macron.
WhatsApp founder says delete FB
THE backlash against Facebook over its handling of personal data has seen a co-founder of WhatsApp back calls for users to delete their profiles.
China says no to trade war
CHINA says it would not initiate a trade war with the US but vowed to defend its national interests in the face of growing American protectionism.
Trump’s trade war escalates
PEANUT butter, cranberries, OJ and Levis are items on an EU list to be published soon that could backfire badly on Trump.
Trump’s tariffs a ‘black day’
DONALD Trump’s proposed tariffs on steel and aluminium imports are a “black day” for the world and could hurt the Australian economy, BHP says.
Trump breaks his promise to Australia
DONALD Trump “emphatically” promised Australia would be exempt from his controversial new plan. That’s now all up in smoke.
Australia to be hit with Trump tax
ONE of Donald Trump’s top trade officials has confirmed Australia and other allies will be slapped with stiff new tariffs on steel and aluminium.
Jay Z world’s wealthiest hip-hop artist
HE has climbed past Sean “Diddy” Combs to rank as the richest hip-hop star on the planet thanks to his booze investments.
Twitter admits SoundCloud fail
TWITTER has lost almost all of the money it had invested in SoundCloud, the company disclosed as part of its annual report.
David Jones profit plunges 39pc
HALF-YEAR profit at David Jones has fallen 39 per cent as sales dropped and its South African owner admitted to making mistakes.
Chicken shortage closes KFC stores
FAST-FOOD chain KFC has been forced to close most of its 900 outlets in Britain and Ireland because of a shortage of chicken.
Weinstein boss sacked for ‘failing’ victims
THE Weinstein Company board has voted to fire its president for failing to protect employees from disgraced Harvey Weinstein.
Kanye resolves $14 million feud
KANYE West and Lloyd’s of London have “amicably resolved” their $14 million row over the musician’s cancelled tour.
IAG jacks up insurance premiums
THE parent company of CGU, Swann and NRMA Insurance has booked a 24 per cent rise in profit thanks to higher premiums.
JB Hi-Fi to feel the Amazon heat
ANALYSTS predict JB Hi-Fi’s operating margins will stagnate over the next decade as Amazon takes hold of the Australian retail market.
Advertising threat over ‘fake news’
UNILEVER has fired a warning shot at tech firms that fail to counter fake news, threatening to pull lucrative advertising.
OxyContin stops doctor marketing
OXYCONTIN maker Purdue Pharma LP says it has cut its sales force in half and will stop promoting opioids to doctors.
Rich listers lose $120b in crash
THE world’s richest people including Amazon boss Jeff Bezos collectively lost nearly $120 billion in the latest stock market crash.
Wall Street stocks end with losses
WALL Street stocks finished lower Wednesday as a morning rally faded amid nagging questions following two days of chaotic trading and wild price swings.
Wall Street’s stunning recovery
US stocks rallied Tuesday as a late surge helped them regain almost half their losses from the day before, when they had their biggest plunge in six-and-a-half years.
Original URL: https://www.news.com.au/finance/markets/world-markets/page/29