YouTube is estimated rake in about $5.6 billion from ads this year - a profit of about $1.96 billion - according to an industry tracker.
GM says it's placing the 7 per cent stake in PSA Peugeot Citroen with institutional investors, after holding them for less than two years.
RBA chief Glenn Stevens says he'd like to see a fall in the Australian dollar as a way to lift the local economy.
Australians will spend an extra $2.2 billion this Christmas, on gifts, holidays and food.
It's been 30 years since the Australian dollar was floated by the Hawke government, debuting at 90 US cents in 1983.
The unemployment rate is virtually static, thanks to the ageing of the population and weak jobs growth dragging people out of the labour market.
The mid-year economic and fiscal outlook will report a 'shocking' headline figure and significant spending cuts, coalition MPs have been told.
Unemployment has edged higher but Australia's job market is showing signs of improvement, economists say.
Grains marketer GrainCorp says its wheat export terminal at the port of Newcastle should be subject to less regulation.
The jobless rate rose to a three-month high of 5.8 per cent in November from 5.7 per cent in October.
Mining giant Rio Tinto says it is trying to find out what caused a toxic spill at its Rossing Uranium mine in Namibia, days before a spill at an NT mine.
Bega Cheese has extended the offer period for its bid to takeover Warrnambool Cheese and Butter.
Consumer confidence has fallen as the post-election shine wears off.
Oz Minerals shares have fallen by 14 per cent after a disappointing resources update that has raised doubts about its future.
Gas infrastructure firm APA has lifted its earnings guidance for the current financial year, saying its assets are performing strongly.
BHP Billiton expects its US shale business to generate almost $3 billion per year of free cash flow by 2020.
New legislation that tightens rules on US banks trading their own accounts and forbids them owning hedge funds is aimed to limit excessive economic risk.
EU finance ministers say they are close to locking down a "Banking Union" that quarantine failing banks and stop them damaging economies.
For 2015, the Bank of Portugal sees growth picking up to 1.3 per cent due to increases in exports and a recovery in domestic demand.
Quizzed about the ECB's next possible moves, Benoit Coeure reiterated that the central bank "has a bit of time" to consider its options.
An IMF team says after concluding a regular mission to Moscow it is cutting its 2014 growth forecast for Russia, and has warned inflation is above target.
Lending for housing is $4.7 billion a month higher than a year ago and spilling over into the residential building industry.
Shares in Qantas have hit their lowest level ever as investors continue to react to the airline's financial woes.
The competition watchdog is appealing the Federal Court's decision to clear ANZ of alleged price fixing in the mortgage market.
BHP Billiton boss Andrew Mackenzie says growing volumes is no longer the main game, with capital expenditure to be cut 25 per cent this year.
Strong Chinese industrial production and retail figures, and a lift in Fonterra's forecast payout to farmers, may push up the kiwi dollar.
The ACCC has launched court action against two egg producers accused of falsely claiming their products were free range.
Casino owner Echo Entertainment has restructured it debt arrangements to reduce its finance expenses, but it will incur a one-off cost.
New data is tipping New Zealand will experience a sustained construction boom on a scale not seen for 40 years.
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Proponents of same-sex marriage say they're disappointed the High Court has overturned the Australian Capital Territory's gay marriage laws but they'll continue...
Schapelle Corby has been recommended for another sentence remission, but bureaucratic delays continue to hold up her bid for parole.
Australia's premier theme park on the Gold Coast has opened a new attraction called Dreamworld Corroboree today.
The strategic review into NBN Co is out, estimating an extra $11.5 billion in costs and to have nine out of 10 Australians accessing 50 Mbps by 2019.
Pope Francis has been named Time magazine's person of the year, with Edward Snowden grabbing the runner-up accolade.
Amnesty International has slammed the Department of Immigration's rushed aged assessment process of asylum seekers being sent to Manus Island.
As the Royal Commission into Institutional Responses to Child Sexual Abuse continues, support organisations say they're being overwhelmed with calls for assistance.