Copyright 2024 Nine Entertainment Co. Pty LimitedThe top News headlines from The Sydney Morning Herald. For all the news,visit https://www.smh.com.auhttps://www.smh.com.au/rss/business.xmlSydney Morning Herald - Businesshttps://www.smh.com.au/icons/rss/smh.pngen-AUSat,04 May 2024 12:41:57 +1000https://www.smh.com.au/rss/business.xmlSat,04 May 2024 12:41:57 +1000Sydney Morning Herald - BusinessBusiness/ WorkplaceTim DugganAll the research is showing,no matter which way you look at it,the way we are working is broken. It’s a problem we must urgently address.11883143-0955-4828-bda1-f66f9028556ehttps://www.smh.com.au/business/workplace/the-way-we-work-is-fundamentally-broken-how-do-we-fix-it-20240502-p5fog0.html?ref=rss&utm_medium=rss&utm_source=rss_businessSat,04 May 2024 05:01:00 +1000The way we work is fundamentally broken. How do we fix it?Business/ CompaniesEshe NelsonDanish drugmaker Novo Nordisk has eclipsed French luxury group LVMH to become Europe’s most valuable company – thanks to demand for diabetes and weight-loss drugs.eb81e353-c206-4e3d-8ab1-c23829a8d86ehttps://www.smh.com.au/business/companies/it-introduced-ozempic-to-the-world-now-it-must-remake-itself-20240423-p5flv7.html?ref=rss&utm_medium=rss&utm_source=rss_businessSat,04 May 2024 05:00:00 +1000It introduced Ozempic to the world. Now it must remake itselfBusiness/ CompaniesCarolyn CumminsInvestors,developers and management groups are lining up to join boom-time conditions in the hospitality industry.af4ee831-5e80-488d-a673-f706cd1530c0https://www.smh.com.au/business/companies/get-a-room-why-hotels-are-so-hot-right-now-20240430-p5fnms.html?ref=rss&utm_medium=rss&utm_source=rss_businessSat,04 May 2024 00:00:00 +1000Get a room:Why hotels are so hot right nowBusiness/ Banking&financeBen MarlowSome of the world’s biggest banks are now generating far more money in Russia than they were before the war started. It is shameful.6451d96b-5d40-4900-a8b2-61956f06063ahttps://www.smh.com.au/business/banking-and-finance/western-banks-have-no-excuse-for-funding-putins-war-machine-20240430-p5fnif.html?ref=rss&utm_medium=rss&utm_source=rss_businessFri,03 May 2024 19:45:00 +1000Western banks have no excuse for funding Putin’s war machineBusiness/ Banking&financeMillie MuroiMany of the investment behemoth’s top executives have had their pay cut by millions as green investments and lower commodity prices weighed on fiscal 2024 profits.36aa8bec-a8b1-4b3d-a10a-f31231ab022ahttps://www.smh.com.au/business/banking-and-finance/macquarie-bosses-take-pay-cuts-as-profits-fall-20240503-p5fony.html?ref=rss&utm_medium=rss&utm_source=rss_businessFri,03 May 2024 17:32:01 +1000Macquarie chief takes $7.6m pay hit as profits fallBusiness/ MarketsJessica YunThe S&P/ASX 200 has climbed,reflecting US’ rally that trimmed the majority of their losses for the week,while Apple released its numbers after the closing bell.3733a4a2-bb1b-49a3-b485-14243c8a0c29https://www.smh.com.au/business/markets/asx-set-to-rise-as-wall-street-jumps-to-trim-its-losses-for-the-week-20240503-p5foli.html?ref=rss&utm_medium=rss&utm_source=rss_businessFri,03 May 2024 17:29:25 +1000ASX closes green as Wall Street jumps;Apple surges on earningsBusiness/ EntrepreneurshipColin Kruger and Carolyn CumminsBillionaire and philanthropist Lang Walker was remembered as a transformative force in Australia’s urban landscape at a memorial service at Sydney Town Hall on Friday.fbcd1fb0-4bd9-4a82-b4c3-93a001f812d3https://www.smh.com.au/business/entrepreneurship/a-force-of-nature-with-a-wry-smile-lang-walker-remembered-20240503-p5for5.html?ref=rss&utm_medium=rss&utm_source=rss_businessFri,03 May 2024 16:24:03 +1000A force of nature with a wry smile:Lang Walker rememberedBusiness/ CompaniesMichael PhilippsThis week’s Bulls N’ Bears Runner of the Week is … Krakatoa Resources. Its shares jumped 130 per cent to join Adisyn,Canterbury Resources and Pivotal Metals.f2360199-d753-44ba-8ad7-c6dbd5455cc2https://www.smh.com.au/business/companies/meekatharra-cracker-krakatoa-runs-on-niobium-find-20240503-p5fos5.html?ref=rss&utm_medium=rss&utm_source=rss_businessFri,03 May 2024 15:34:19 +1000Meekatharra cracker:Krakatoa runs on niobium findBusiness/ CompaniesAmelia McGuireThere’s a cruel irony to Australia’s newest low-cost airline scrambling to get out of voluntary administration while the country’s oldest celebrates its 20th birthday.416b944d-59de-4f08-a08c-5b93b79a10bbhttps://www.smh.com.au/business/companies/not-for-the-faint-hearted-jetstar-boss-on-the-high-stakes-battle-for-australia-s-skies-20240502-p5foep.html?ref=rss&utm_medium=rss&utm_source=rss_businessFri,03 May 2024 11:55:00 +1000‘Not for the faint-hearted’:Jetstar boss on the high-stakes battle for Australia’s skiesBusiness/ The economyPaul KrugmanDonald Trump is as addicted to magical thinking and denial of reality as any petty strongman or dictator. That’s why his economic plans should have us all worried.dc8cfc98-dc65-4e7e-836b-569d7ba398d6https://www.smh.com.au/business/the-economy/trump-is-flirting-with-some-very-dangerous-ideas-20240430-p5fnsn.html?ref=rss&utm_medium=rss&utm_source=rss_businessFri,03 May 2024 05:55:00 +1000Alarm bells:Donald Trump is flirting with some very dangerous ideasBusiness/ WorkplacePip DexterThe benefits of flexible work are particularly appreciated by women,who have indicated clearly it is non-negotiable.608f6efd-ce35-41d0-a1a2-81cdc305571dhttps://www.smh.com.au/business/workplace/bosses-demanding-a-return-to-the-office-should-stop-and-listen-to-women-20240502-p5fofm.html?ref=rss&utm_medium=rss&utm_source=rss_businessFri,03 May 2024 05:07:00 +1000Bosses demanding a return to the office should stop and listen to womenBusiness/ CompaniesCalum JaspanCompetition from agile digital outlets and social media giants is forcing a major rethink of how TV news is delivered,and who is best suited to do so.ed1e9415-ee4f-458b-966c-ded229e480afhttps://www.smh.com.au/business/companies/breaking-news-will-social-media-kill-the-evening-bulletin-20240430-p5fnst.html?ref=rss&utm_medium=rss&utm_source=rss_businessFri,03 May 2024 05:00:00 +1000Breaking news:Will social media kill the evening bulletin?Business/ WorkplaceJonathan RivettWe should be careful about making assumptions about people’s intentions in any situation,including at work,as people’s thoughts can be hard to deduce.b31d7bd2-6e12-45f9-84db-4e092f293f99https://www.smh.com.au/business/workplace/was-my-colleague-being-callous-by-not-comforting-a-co-worker-20240502-p5foff.html?ref=rss&utm_medium=rss&utm_source=rss_businessFri,03 May 2024 05:00:00 +1000Was my colleague being callous by not comforting a co-worker?Business/ CompaniesNicole LindsaySt Kilda’s once-grungy Prince of Wales Hotel is back on the market carrying a discounted price tag of $30 million.5bfbe383-1935-4237-8c93-061946325cdfhttps://www.smh.com.au/business/companies/grunge-icon-prince-of-wales-for-sale-at-knock-down-price-20240502-p5fog1.html?ref=rss&utm_medium=rss&utm_source=rss_businessFri,03 May 2024 05:00:00 +1000Grunge icon Prince of Wales for sale at knock-down priceBusiness/ The economyRoss GittinsWhy would Anthony Albanese and his smart economists,Jim Chalmers and Chris Bowen,want to reverse the bipartisan policy of the past 40 years and take us back to the future?9bb180b2-5521-4a82-8f84-a5bb1ae4a15ahttps://www.smh.com.au/business/the-economy/is-a-future-made-in-australia-a-good-idea-or-a-bad-one-maybe-a-bit-of-both-20240502-p5fojc.html?ref=rss&utm_medium=rss&utm_source=rss_businessFri,03 May 2024 05:00:00 +1000Is a Future Made in Australia a good idea or a bad one? Maybe a bit of bothBusiness/ MarketsSumeyya IlanbeyThe Australian sharemarket lifted on Thursday despite a negative lead from Wall Street after Jerome Powell revealed the US Federal Reserve would hold its cash rate steady and moving to reassure another rate hike is unlikely despite stubbornly high inflation. f652b265-a2f8-476c-afb9-fb343a8c847ahttps://www.smh.com.au/business/markets/asx-set-to-jump-as-wall-street-rallies-after-fed-says-rate-hikes-are-unlikely-20240502-p5fo8q.html?ref=rss&utm_medium=rss&utm_source=rss_businessThu,02 May 2024 17:00:55 +1000ASX extends gains after Wall Street’s Fed rollercoasterBusiness/ CompaniesJessica YunOutgoing Woolworths chief executive Brad Banducci says cost-of-living pressures have hit the supermarket giant.a568e6c9-8527-4d9c-b828-605ef62c116bhttps://www.smh.com.au/business/companies/we-have-got-a-lot-of-work-to-do-woolworths-wary-as-coles-closes-home-brand-gap-20240502-p5foak.html?ref=rss&utm_medium=rss&utm_source=rss_businessThu,02 May 2024 17:00:13 +1000‘We have got a lot of work to do’:Woolworths ‘out-traded’ as it trails ColesBusiness/ Banking&financeMillie MuroiChief executive Andrew Irvine reported a 13 per cent tumble in half-year profits,but said households were mostly proving resilient in the cost-of-living crisis.fe1c445e-77fe-4dc5-9821-c31b1a92059dhttps://www.smh.com.au/business/banking-and-finance/nab-boss-sees-economy-holding-up-as-earnings-tumble-13-per-cent-20240502-p5fo9p.html?ref=rss&utm_medium=rss&utm_source=rss_businessThu,02 May 2024 16:41:55 +1000NAB boss says most of its home loans are written at a discountBusiness/ CompaniesElizabeth KnightThis week’s results provide a reality check for those who argue that the highly concentrated banking and supermarkets sectors lack competition.48adaa36-a96a-4ed3-9683-de78c40c5601https://www.smh.com.au/business/companies/competition-kicks-the-stuffing-out-of-nab-and-woolworths-20240502-p5fogp.html?ref=rss&utm_medium=rss&utm_source=rss_businessThu,02 May 2024 15:50:29 +1000Competition kicks the stuffing out of NAB and WoolworthsBusiness/ CompaniesAmelia McGuireBonza administrator Hall Chadwick says early discussions with the owners of the airline’s grounded fleet will continue into next week,with all flights cancelled before then.6c53739c-8ec5-4d7a-a81c-98897dc08780https://www.smh.com.au/business/companies/all-bonza-flights-cancelled-until-wednesday-with-no-refunds-imminent-20240502-p5foeo.html?ref=rss&utm_medium=rss&utm_source=rss_businessThu,02 May 2024 15:47:20 +1000All Bonza flights cancelled until Wednesday with no refunds imminent