Business
11 stories, 97 sources cited
The banks' G7 stablecoin still does not exist. A 37 bank euro project has overtaken it.
Qivalis, a euro stablecoin venture owned by 37 banks across 15 countries, is targeting a launch in the second half of 2026. The ten bank consortium th
Sources cited: 12 sources
Samsung's $445m Patent Loss Stands. The Fight Now Is Whether Its Phones Can Be Banned
Collision Communications has asked the Federal Circuit to give it the one thing the trial judge refused: an order stopping Samsung selling the devices
Sources cited: 11 sources
AMD's Data Centre Revenue Has Doubled, but the OpenAI Gigawatt It Promised Has Not Shipped
AMD reported record quarterly revenue of $11.5 billion on 4 August 2026, with data centre sales up 107 per cent. The first gigawatt of the OpenAI agre
Sources cited: 12 sources
ByteDance's Brazil Data Centre Will Be Its Largest Outside China, and Indigenous Occupiers Have Been on the Site
Bloomberg reported on 1 July 2026 that ByteDance's campus at the Port of Pecem will be its biggest anywhere outside China, at about 200 billion reais,
Sources cited: 14 sources
US Customs has refunded about $100bn of struck down tariffs while replacement duties run under three laws
US Customs says $166 billion was collected under the tariffs the Supreme Court struck down, and about $100 billion has gone back to importers. But the
Sources cited: 7 sources
SpaceX beat revenue forecasts in its first public quarter, then fell 13.6 per cent on capital spending
Revenue was $7.8 billion against forecasts near $6.9 billion, and the net loss of $541 million was about half what analysts expected. Capital expendit
Sources cited: 6 sources
Trump Media lost $238m on $1.7m of revenue, and its paid feed of the President's posts is now in court
Second quarter revenue was $1.7 million against a net loss of $238 million, most of it an unrealised writedown on digital assets and equity securities
Sources cited: 5 sources
Tomago's $2.5bn power underwrite is split evenly with NSW and does not begin until 2028
The $2.5 billion is split evenly between Canberra and Sydney, the payments start in 2028 when the current supply contract ends, and Snowy Hydro and th
Sources cited: 6 sources
ASIC reviewed eight car insurance brands with 72 per cent of the market and none explains its pricing
ASIC report 838, released on 11 August 2026, found no insurer explains how a premium is calculated in quote or renewal documents. Premiums rose 8 per
Sources cited: 8 sources
The RBA board weighed only a hold or a hike on 11 August, and left the cash rate at 4.35 per cent
The Reserve Bank held at 4.35 per cent unanimously on 11 August 2026, its second consecutive pause after three increases this year. Governor Michele B
Sources cited: 8 sources
Two ships crossed the Strait of Hormuz on 14 August and no crude at all, against 130 a day before the war
Kpler tracking data cited by Reuters put Hormuz transits at two vessels on Friday 14 August 2026, nine on the Thursday and five on the Wednesday, with
Sources cited: 8 sources