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By Rhiannon Hoyle BHP Group reported an 86% drop in first-half net profit as it wrote down the value of its nickel operations and set aside more cash to...

Westpac's margins also took a hit in the first quarter as nearly two years of high interest rates raised cost of mortgage repayments. "From a credit quality perspective, we saw a reduction in business stress while a rise in 90+ day mortgage delinquencies reflects the tougher economic environment," CEO Peter King said. Mortgage payments delayed for more than 90 days in terms of the bank's total loan book for Australia stood at 0.95% as at December-end, nine basis points higher September-end.

Australia's Westpac Banking Corp on Monday said its first quarter unaudited net profit was lower than its prior six-month's quarterly average, citing impact of notable items related to hedge...

By David Sachs Eni's net profit and operating profit fell in the fourth quarter, dragged by lower oil and natural-gas prices. The Italian oil-and-gas company said Friday that its net...

Shares of Treasury Wine Estates scaled a three-month high on Thursday after the company's core profit met expectations, with focus shifting to an upcoming Chinese review of tariffs on Australian...