Business
Companies
Seven moves to tear up Cricket Australia deal over alleged Big Bash League breaches
Seven West Media has made a fresh legal attempt to blow up its $450 million media rights deal with Cricket Australia
- by Zoe Samios
Latest
Opinion
Mike Cannon-Brookes
Stranger things: Brookfield’s cover blown as battle for AGL takes thrilling turn
AGL, which regularly trawls its own share register, quickly found an unusually named new shareholder and smelt a rat.
- by Elizabeth Knight
Watchdog greenlights Australia’s most polluting project to run to 2070
Billions of tonnes of additional carbon will enter the air at a site next to “unique environmental assets of global significance” under the 50-year extension.
- by Peter de Kruijff
Intrigue as Brookfield acquires stake in AGL after failed takeover bid
Canadian asset manager Brookfield has snapped up a 2.5 per cent stake in power giant AGL, fuelling speculation it may seek to revive a takeover push.
- by Nick Toscano
Elon Musk’s tweets echo the tactics used by Donald Trump
Using repetition, deflection and schoolyard taunts the world’s richest man can move markets, confound, distract and offend with a single tweet — heavily evoking the tactics of former President Donald Trump.
- by Maxwell Adler and Josh Wingrove
Alarm bells ring for meme stock investors as Bed Bath & Beyond plunges
Wall Street investors betting that Bed Bath & Beyond would be the next meme stock to go to the moon are facing the harsh reality that fundamentals are particularly important during a market rout.
- by Bailey Lipschultz
Macquarie admits $10m Nuix payment was ‘golden handshake’ for founder
Macquarie says a $10 million payment for worthless Nuix options was a golden handshake for its founder and former CEO Eddie Sheehy who is suing the tech group over losses relating to his remaining share options.
- by Colin Kruger
Origin Energy hit with record fine for failing distressed customers
Power and gas supplier Origin Energy has been dealt a record $17 million fine after breaching legal obligations to tens of thousands of customers.
- by Nick Toscano
Ford follows Tesla in striking deal with Australian lithium miner
Australian lithium miner Liontown Resources will supply car giant Ford with a crucial electric vehicle battery material and the US automaker will provide a loan to partly fund the miner’s flagship project.
- by Lachlan Abbott
Star names new CEO, hopes to ‘restore confidence’ amid crisis
Tyro boss Robbie Cooke has been appointed to the top job at the crisis-stricken casino giant.
- by Angus Dalton
The fate of $41b empire up in air after death of Italy’s Ray-Ban tycoon
Leonardo del Vecchio was raised in an orphanage and went on to become Italy’s second-richest person. His death this week raises questions about his sprawling empire.
- by Valentina Za and Claudia Cristoferi