UBS announced a net profit of $1.4 billion for the second quarter of 2019.Earningsread more
Beijing says it can still meet its 2019 growth target of between 6% and 6.5% and continues to roll out stimulus measures to prop up activity. China set a 2019 industrial...China Economyread more
Japan and South Korea are part of a complex and tightly linked supply chain that produces electronic goods such as smartphones and laptops.Technologyread more
A different oil pricing dynamic has been evolving with new supply calculations based on the U.S. as the world's largest producer.Market Insiderread more
The Massachusetts senator's alarm-sounding on consumer debt neglects to measure it against the growth in the economy and the ability to pay.Economyread more
Stocks in Asia Pacific edged up on Tuesday afternoon, as investors await closely-watched central bank meetings in the coming days.Asia Marketsread more
More than half of Venezuela's 23 states lost power on Monday, according to Reuters witnesses and reports on social media, a blackout the government blamed on an...World Politicsread more
Equifax will give consumers a range of options for monitoring their credit or making claims of fraud or data misuse, part of a $425 million restitution fund.Technologyread more
The deal between the White House and Democrats was earlier expected to raise the debt ceiling for two years and permanently end the sequester.Politicsread more
Britain's Antstream is jumping into the cloud gaming battle with a streaming platform for retro titles. And Tencent just backed the company.Technologyread more
American comedian Hannibal Buress, who stars in "The Eric Andre Show," has made a recent transition into the world of business as an angel investor — but there's an important...How I Made Itread more
Colleen McCullough, author of "The Thorn Birds," is likely Australia's best-known writer. But upon her death, major daily The Australian's obituary led with comments about her weight, bolstering the country's reputation for sexism.
"Plain of feature, and certainly overweight, she was, nevertheless, a woman of wit and warmth," The Australian said in the lead of its obituary. The writer couldn't resist piling it on in the third paragraph: "Colleen was the supreme egotist," because she often spoke with the press.
Accomplished by anyone's standards, McCullough was a neurophysiological researcher at Yale University when she embarked on her writing career that spanned more than 20 novels. Indeed, she started writing to earn money on the side after discovering her male colleagues at Yale were receiving higher pay than she did.
In 1977, her second novel, "The Thorn Birds," was published. The paperback rights sold for what was at the time a record $1.9 million. More than 30 million copies have been sold world-wide, and it remains frequently assigned reading at U.S. schools.
She died this week at the age of 77.
Symbol of rising sexism?
The Australian's obituary follows rising criticism of sexism in Australia.
Last year, Plan International, a global children's rights organization, published a study showing that nearly half of the girls and women surveyed believed sexist attitudes in Australia are on the rise.
In addition, 49 percent said sexism affected their choice of career: fewer than 1 percent were considering roles in politics and more than three-quarters said they were subjected to sexist comments, the study found.
"That fewer than one percent of them dream of a life in politics does not bode well for a future in which women can take their places in the corridors of power," Plan International Australia CEO Ian Wishart said in a statement when the study was released.
"Our perception in this country is that girls in the developing world are subject to sexism and injustice. It is sobering to discover that girls and young women in Australia can often feel equally limited and constrained," he said.
Many also blame sexism for the downfall of Julia Gillard, the country's first female prime minister, who was ousted in 2013 after around three years in office.
At a protest outside Parliament House, Tony Abbott, then opposition party leader and now current prime minister, appeared with protestors waving a "ditch the witch" sign. His party was also noted for hosting a fundraising dinner that included a menu describing Gillard in "crude sexual terms," according to an article in The Independent.
Video of a 15-minute off-the-cuff speech by Gillard accusing him of misogyny was widely seen as an expression of the frustrations felt by many Australian women.
Australian media have reported the writer of The Australian's obituary has himself died, without naming him.
For their part, Twitter commenters tweeted their outrage at The Australian's treatment of national icon McCullough:
—By CNBC's Leslie Shaffer; Follow her on Twitter