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In Depth

Snapchat raises $US1.8b 

The Snapchat app.

Snapchat attracted strong investor interest in the messaging app favoured by teens and 20-somethings.

Rich list a family affair

Gretel Packer struck a deal with her brother to carve-up the family's riches.

The list of Australia's richest 200 people has become even more of a family affair for the Packers and Rineharts.

Soccer's most valuable teams

Manchester United is worth €2.9 billion ($4.5 billion), KPMG says, giving the club the same value as Real Madrid.

Manchester United's fifth place finish in the English Premier League may have gotten its manager fired, but the team's bottom line is just fine.

Workplace

Markets

Oil dips after hitting $US50

A climb above $US50 a barrel could spur producers, particularly US shale drillers, to revive scrapped operations, which ...

Oil prices hit $US50 a barrel on Thursday for the first time in seven months, then bounced below that level and settled lower on the day as investors worried robust price gains could encourage more output and add to the global glut.

need2know: Oil slips below $US50

US stocks fluctuated after their strongest rally in almost three months.

Local shares are set to open slightly higher after a mixed night on Wall Street, though a slippery oil price may place pressure on stocks throughout the day.

Oil, ore cross $US50 on opposite paths

Oil traded above $US50 a barrel for the first time this year while iron, moving in the opposite direction, fell below ...
Eddie van der Walt

Crude oil and iron ore are two of the world's most important industrial commodities, and they're telling separate stories.

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The Economy

Business investment shrinks

Falls in the iron ore price helped to drag resources stocks down on Tuesday.
Mark Mulligan

Business investment contracted sharply in the March quarter, as non-mining expenditure again failed to pick up the slack in the resources downturn.

Retail

Banking & Finance

Mining & Resources

Oil dips after hitting $US50

A climb above $US50 a barrel could spur producers, particularly US shale drillers, to revive scrapped operations, which ...

Oil prices hit $US50 a barrel on Thursday for the first time in seven months, then bounced below that level and settled lower on the day as investors worried robust price gains could encourage more output and add to the global glut.

World Business

Man U, Real Madrid soccer's most valuable

Manchester United is worth €2.9 billion ($4.5 billion), KPMG says, giving the club the same value as Real Madrid.
Tariq Panja

Manchester United's fifth place finish in the English Premier League may have gotten its manager fired, but the team's bottom line is just fine.

Sugar shortage halts Coke production

The iconic drink is the latest to join a group of basic products becoming scarce in a country beset by currency ...
Andrea Navarro and Jennifer Kaplan

Sugar is so scarce in Venezuela that Coca-Cola has been forced to stop production of the iconic drink in the country.

Consumer Affairs

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Property Focus

Darling Harbour in $1 billion revamp

The co-owners of Darling Park are set to undertake a $1 billion revamp of the precinct, which will see the construction ...
Carolyn Cummins

Darling Harbour is to undergo a $1 billion facelift that will see the construction of a new 44-storey office tower, updated retail offerings and a Cockle Bay ampitheatre.

Executive Style

Money

Small Business

Business Video

Bank stocks and bullish investors

Bank stocks were seriously out of favour earlier in the year, but investors seem to have warmed to them. What's changed their minds?

Duration
00:55