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Seven moves to tear up Cricket Australia deal over alleged Big Bash League breaches

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

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Stranger things: Brookfield’s cover blown as battle for AGL takes thrilling turn

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

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

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

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

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
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Macquarie admits $10m Nuix payment was ‘golden handshake’ for founder

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

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

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

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

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