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November 7, 2025

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Business

Qantas business lounge passenger set on fire after power bank explodes in his pocket

About 150 people evacuated from Melbourne airport lounge after device overheats and ignites, burning the man’s leg and fingersGet our breaking news email, free app or daily news podcastQantas says it has reopened its business class lounge at Melbourne …

November 7, 2025
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China’s exports fall 1.1% in October, hit by a 25% drop in shipments to the US

China has reported that its exports contracted in October, hit by a 25% drop in shipments to the United States.

November 7, 2025
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Qantas releases images of ultra long range Airbus that will fly non-stop from Sydney to London and New York

The A350-1000ULR is on the assembly line in France with the fuselage sections, wings and landing gear attachedQantas has released the “first images” of its specially configured plane that will fly Australians non-stop from Sydney to London and New York…

November 7, 2025
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Rockstar Games delays Grand Theft Auto VI – again – to late 2026

The hugely anticipated sequel was due to arrive in May of next year but has been pushed back to November 2026Rockstar Games’s Grand Theft Auto VI, which was due to release on 26 May next year, has been delayed again – this time to the end of 2026. It h…

November 7, 2025
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Tesla shareholders approve $1tn pay package for Elon Musk

Chants of ‘Elon’ erupt after compensation plan approved despite opposition from several high-profile investorsTesla shareholders approved a $1tn compensation plan for CEO Elon Musk on Thursday, awarding the world’s richest person what would be the larg…

November 7, 2025
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Australia news live: former federal Liberal candidate says dumping net zero could cause ‘generational damage’ to party’s electoral chances

Follow today’s news liveLiberal MPs insist Sussan Ley’s position safe for now despite senator claiming leader is ‘losing support’Get our breaking news email, free app or daily news podcastHenderson tells Sky that the Coalition ‘can turn things around’H…

November 6, 2025
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Peloton recalls more than 800,000 US exercise bikes over faulty seat post

Shares fall as users urged to stop using bikes immediately and warned assembly poses risk of falls and injuriesThe US Consumer Product Safety Commission said on Thursday that Peloton Interactive was recalling about 833,000 units of its Original Bike+ M…

November 6, 2025
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US stock market values tumble amid reports of high layoffs and hiring freezes

The S&P 500 index fell 1% as the government shutdown left investors ‘groping around in the dark’ for up-to-date dataFears that the US economy is slowing, with firms shedding jobs and imposing hiring freezes, sent Wall Street tumbling on Thursday.Th…

November 6, 2025
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Average US long-term mortgage rate ticks up to 6.22% after four straight weekly declines

The average rate on a 30-year U.S. mortgage ticked up for the first time in five weeks after falling to its lowest level in more than a year last week.

November 6, 2025
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National Retail Federation : holiday sales to increase 3.7% to 4.2% despite concerns over inflation

American shoppers are expected to spend more during the holiday shopping season this year, but the nation’s largest retail trade group believes sales growth may slow due to uncertainly over tariffs and the overall economy.

November 6, 2025
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