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Emissions trading backflip a recipe for price rises, say business groups

Lobbyists dismayed by Coalition ruling out carbon trading, warning those fighting it ‘are going to get almost exactly the outcome they’re trying to prevent’Business and environment groups have expressed dismay at the federal government for scrapping consi...

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Drug firms fined over 2,600% NHS price hike

A regulator has ordered two pharmaceutical firms to pay a record penalty, accusing them of overcharging the NHS through a 2,600% overnight drug price hike.

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South Africa's Steinhoff reports 12.5 percent profit increase

JOHANNESBURG, Dec 7 (Reuters) - South African furniture and clothing retailer Steinhoff International reported a 12.5 percent rise in fourth-quarter operating profit on Wednesday, boosted by general merchandise sales in South Africa and eastern Europe

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UPDATE 1-Carillion sees slowdown in pace of new orders post-Brexit

Dec 7 (Reuters) - Carillion Plc, a British building support services company, said the pace of new order intake had slowed in the second half of the year, partly due to a spending delay by the government following Britain's vote to leave the European Unio...

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