Sumeyya Ilanbey
Age reporter
Sumeyya Ilanbey is a business journalist for The Age and Sydney Morning Herald
Consumer watchdog refuses to certify green labelling scheme
The ACCC has not certified a key federal government program used by more than 500 companies to promote their environmental credentials.
- by Sumeyya Ilanbey
Conflict, inflation and market correction weigh on Australian shares
Market watchers expect further pain as tensions between Iran and Israel mount and quarterly domestic inflation figures are released this week.
- by Sumeyya Ilanbey
ASX-listed Russian coal miner’s proposed $76m fire sale under scrutiny
Australian authorities are examining a proposed deal that would benefit a fund that has been described as a “slush fund” for Russian President Vladimir Putin.
- by Sumeyya Ilanbey
Updated
Shares
ASX dives amid escalating Middle East tensions
Australian stocks dived for their seventh session in the past days, with investors fearing the ramifications of escalating tensions in the Middle East, also weighing on the market was a US labour report, released overnight, that reaffirmed bets interest rates would remain higher for longer.
- by Sumeyya Ilanbey
Updated
World markets
Big miners spark ASX gain; jobs data lifts tech shares
Mining heavyweights BHP and Rio Tinto boosted the Australian sharemarket, which also benefited from the latest unemployment figures showing a slowdown in the labour market.
- by Sumeyya Ilanbey
Watchdog cracks down on Glad garbage bags ‘greenwashing’
The manufacturer of Glad garbage bags faces potentially millions of dollars in penalties after the consumer and competition watchdog launched legal action over false claims some bags were made partly from recycled ocean plastic.
- by Sumeyya Ilanbey
BOQ profits stifled as inflation, higher funding costs shred margins
The bank unveiled a cash profit of $172 million in the six months to February 29, down 33 per cent compared to the first half of last year.
- by Sumeyya Ilanbey
Updated
Sharemarket
ASX retreats as losing streak hits five days
The Australian sharemarket retreated in late trading to finish in negative territory for the fifth consecutive session despite making up some of the ground it had lost over the past week.
- by Sumeyya Ilanbey
Australian miner loses bid to avoid sanctions over Russian coal
A mining company backed by billionaire philanthropists Paul Little and Jane Hansen has lost a legal challenge against Australia’s strict sanctions regime.
- by Simon Johanson and Sumeyya Ilanbey
Exclusive
Liberal Party
Influential Liberal Michael Kroger at centre of heated corporate coup
Kroger is embroiled in a battle for control over the $52 million Mayfield Childcare fuelled in part by a contentious deal three years ago.
- by Paul Sakkal and Sumeyya Ilanbey