Petrol futures have surged more than 13 per cent, and crude oil has settled nearly 3 per cent higher, as almost a quarter of US refining capacity remained offline and traders scrambled to reroute millions of barrels of fuel.
The founders of four Western Australian businesses, in industries ranging from mining software and horticulture to construction and industrial equipment, have been selected as finalists in the 2017 EY Entrepreneur Of The Year awards.
Two low-profile manufacturers that jointly employ more than 1,000 people in Western Australia are set to come under single ownership after the competition watchdog approved the purchase by US company Tronox of Cristal's titanium dioxide business.
Heavy equipment supplier Emeco Holdings has its sights set on a positive year ahead, after narrowing its net loss to $180 million following a year of write-downs and the completion of a three-way merger.
An inspection on 13 local building projects that sourced materials from the Chinese supplier of roof panels for the Perth Children's Hospital, which were later found to contain asbestos, has produced no trace of the deadly material.
Georgiou Group has started preliminary construction work on a new $150 million direct factory outlet near Perth Airport, which will include 120 specialty stores.
Blackham Resources has locked in a $72 million funding deal with US-based investment group Lind Partners, which will be used to progress expansion plans at its Matilda gold mine.
Junior explorer Lithium Australia has announced plans to acquire a Brisbane-based battery cathode developer in an all-scrip deal worth about $7.3 million.
Qantas is changing one of its most popular routes and upgrading the aircraft on another key service as part of a five-year extended partnership with Emirates.
Gold has steadied, as a stronger US dollar pushed the metal off Tuesday's nine-and-a-half-month high, but the precious metal remains above $US1,300 on renewed tensions between Washington and North Korea.
GST sparks WA secession pushFury over Western Australia's low share of the GST has sparked renewed secessionist sentiment, with a controversial “Waxit” motion to be deb
Petrol futures have surged to a two-year high while crude oil was down, as flooding and damage from Tropical Storm Harvey shut nearly a quarter of US refinery capacity, curbing demand for crude while raising the risk of fuel shortages.
Perth Basin energy player Empire Oil & Gas has placed its ASX-listed securities into suspension after it was unable to restart production at its Red Gully-1 well.
The UWA Business School board has continued to attract the state's corporate leaders, with Shell Australia's new chairman Zoe Yujnovich and incoming Wesfarmers boss Rob Scott the latest new faces.
Disgruntled Ten Network Holdings shareholders are considering a class action against the troubled network as they face receiving no compensation for their stock under the takeover proposed by US media giant CBS.
Building products manufacturer Boral has been dented by the continued weak performance of its Western Australian operations, reporting lower underlying earnings and a $20 million asset impairment for its WA bricks business.
Gold miner Blackham Resources has outlined a potential $114 million investment in its Matilda operation to boost production beyond 200,000 ounces a year, despite failing to hit its initial forecasts since production began in late 2016.
Nationals WA leader Mia Davies has accused the state government of draining funds from the Royalties for Regions program into the $3 billion Metronet plan, saying an internal directive banning future use of the rural fund's logo was the beginning of its winding-up.
