A Glencore merger with Rio Tinto would be damaging for Australia and ought to be, and very likely will be, knocked on the head by the Foreign Investment Review Board.

Morgan Stanley has admitted it was wrong on Qantas, upgrading its guidance to “overweight”, as the airline's shares rally for a second day.

The dive in Santos's share price to 10-year lows has turned market attention to the assets the oil and gas producer may consider for sale, as well as whether the whole company could turn into a target for a larger player.

The corporate data hack on Sony Corp has been manna from heaven for social media and the celeb-sites that feed it.

Billions of dollars in undeclared and untaxed wealth hidden offshore has been revealed by hundreds of rich Australians as they rush to take advantage of the ATO's last-ever tax amnesty.