Business
Companies
5G rollout disrupts inbound US flights from around the world
Airlines around the world are adjusting their schedules and aircraft deployments for flights to the US over fears that a 5G rollout by AT&T and Verizon Communications near American airports could interfere with key safety systems.
- by Anurag Kotoky
Latest
Rare earths miner Lynas forced to charter its own ships to avoid COVID disruption
‘Many supply chains are yet to return to normal, and we see this continuing for some time,’ says Lynas CEO Amanda Lacaze.
- by Colin Kruger
Opinion
Iron ore
Bracing for impact: WA iron ore miners await spread of Omicron
Large iron ore companies including BHP and Rio have had a small taste of the impact the virus has had on operations - the full impact is soon to come.
- by Elizabeth Knight
Opinion
Shares
What BHP’s big move home means for the Australian sharemarket
After two decades, BHP’s experiment with a complicated corporate structure is about to end, injecting more volatility and some extra risk into the Australian sharemarket.
- by Stephen Bartholomeusz
BHP lifts iron ore but braces for ‘short-term’ pain as COVID rises
Australia’s top miner delivered stronger-than-expected output of iron ore in the final three months of 2021 but is readying for COVID-19 staff cases to rise when WA reopens next month as Omicron batters its east-coast operations.
- by Nick Toscano
Freight groups introduce Omicron surcharge to cover rising staff costs
Omicron is playing havoc with some of Australia’s largest freight logistics providers which have been forced to introduce levies to cover the rising cost of pandemic-related staff shortages.
- by Colin Kruger
Microsoft buys Call of Duty maker Activision Blizzard in multibillion-dollar deal
The deal will unite two of the biggest forces in video games to create the world’s third-biggest gaming company.
- by Dina Bass and Nate Lanxon
‘Can’t absorb more costs’: Small businesses say government should fund RATs
Matt Bebe, the owner of Tar Barrel Brewery in the Melbourne suburb of Mornington, says he will not be able to absorb the cost of providing rapid antigen tests and has called on the federal government to subsidise them.
- by Dominic Powell
Rio Tinto warns Omicron may hit top export iron ore as WA reopens
The mining giant has warned the threat of widespread Omicron infections and staff absenteeism once WA opens its border could worsen the state’s labour crunch and hit iron ore output.
- by Nick Toscano
‘No higher risk’: Melbourne Airport pushes to relax COVID-19 test rules
The head of aviation at Australia’s second busiest gateway says the testing requirements for inbound travellers do little to protect public health at a time country is recording tens of thousands of new cases a day.Â
- by Patrick Hatch
Opinion
Casinos
Crown game too rich for wounded Star
Had the Crown board been any less than welcoming to Blackstone, they would have been run out of town by shareholders wielding pitchforks and James Packer would have been at the head of the pack.
- by Elizabeth Knight