Move over wine; summer's most versatile spirit is the new food-matching darling.
Banking & Finance
Shaun Drummond 5:57 PM MasterCard co-head of Asia Pacific Ling Hai says the company wants to accommodate all the new players in payments, including Apple and Google, apparently confirming a split with Visa, which looks to be siding with the banks in their fight with Apple.
James Eyers 5:44 PM The RBA governor says "the already-considerable resources devoted to IT security will grow" as awareness increases of cyber risk and its consequences".
James Eyers 11:22 AM Standard & Poor's says banks are sound but warned risks could build in the system as banks strive to maintain high shareholder returns.
Steve Slater 9:33 AM Banks across the world may cut up to half their jobs and branches in the next 10 years as they fight to stay relevant and profitable in the face of sweeping technological change, says the former head of British bank Barclays.
Sally Rose and Sarah Thompson 10:32 PM Telstra Super stuck by the head of its $1.5 billion property portfolio Greg Lee after an internal investigation in mid-2014 revealed he was then an undischarged bankrupt.
Sally Rose 12:15 AM Superannuation and other managed funds will be forced to be more transparent and detailed in disclosing the costs they pass on to account holders via both direct fees and indirect charges.
Shaun Drummond Chi-X Australia chief John Fildes says self-managed super funds are its chief target for a range of new investment products it rolls out from Wednesday.
Ruth Liew National Australia Bank director Peeyush Gupta, former Herbert Smith Freehills chief Gavin Bell and HCF Group director Lisa McIntyre have been appointed to the board of the NSW government's $30 billion general insurance arm, Insurance & Care NSW (icare).
James Eyers Commonwealth Bank signed a memorandum of understanding with the chief scientist of Israel on Monday, providing for collaboration on technology and innovation. The bank says it wants to work with cyber security and big-data start-ups.
Sarah Danckert Investors in a company run by property spruikers who later pleaded guilty to making misleading statements to receive payout
Joyce Moullakis and Jonathan Shapiro Macquarie Group has kicked off an attractively priced $400 million hybrid issue, as the firm attempts to circumvent investor fatigue for bank raisings and concerns about volatility in the hybrid market.
David McLaughlin Macquarie Group will have to face the fraud and defamation claims of an executive who says the bank ousted him from running Advantage Rent A Car.
Goldman Sachs sees a higher greenback as its top trade for 2016, and a devalued yuan as one of the three main risks to its outlook.