Urgent.News

What's breaking now, across thousands of outlets.

More in Finance & Markets

Australian chain David Jones collapses after almost 200 years

Physical and online stores are continuing to trade while the search goes on for buyers or offers to recapitalise the business.

  • David Jones, Australia's oldest department store, collapses after 200 years.
  • Founded in 1838 by Welsh immigrant, now faces liquidation.
  • 38 physical and online stores continue operation post-collapse.

Australian Market Sharply Higher

(RTTNews) - The Australian market is trading sharply higher on Thursday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight.

More from Thursday 5 November →