HP announces 9,000 job cuts due to investment in automation

HP announces job cuts as part of its plan to invest $1 billion to fully automate and standardize its commercial data centers.

The Australian insurer AXA Asia Pacific Holdings (center) and the AMP Ltd buildings are seen in central Sydney

Benefits of AMP and AXA merger will come slowly

Stockholders of AMP Limited will begin to realize the financial rewards of its merger with AXA Asia Pacific Holdings Limited in the "medium term".

Daily deals site Groupon launches in NZ

Groupon, the group buying site that features a daily deal on the best stuff to do, eat, see and buy in more than 500 markets around the world today announced it...

Australia's Michael Andrew named KPMG's global chairman

Michael Andrew, 54, chairman of KPMG Asia Pacific and also of KPMG Australia, has been elected Chairman of KPMG International.

Australia's Bluescope warns of loss due to forex

BlueScope Steel Ltd. (BSL), Australia's largest steelmaker, announced today that it will report a full-year loss as the strengthening Australian dollar cut...

Health

PM Gillard Urged to Speak Out on Reported U.S. Charges against Assange

01:12 PM ET

Prime Minister Julia Gillard needs to clarify reports suggesting that American authorities appear to...

Retail

U.S. Treasury Secretary Timothy Geithner (C) talks with Australia's treasurer Wayne Swan at the APEC Finance Ministers meeting in Kyoto, Japan

Swan Criticises Wealthy Australians’ Too Much Say on Government Policies

01:23 PM ET

Treasurer Wayne Swan has spoken against very wealthy Australians for exerting too much influence on government policies.

Economy

Cattle feed on straw which have been declared safe by the Fukushima prefectural government, at a farm in the town of Miharu

Elders Explore New Cattle Export Markets

06:22 PM ET

Elders chief executive Malcolm Jackman said the Federal Government's month-long ban on live cattle exports to Indonesia in June had a ''significant impact'' ...