Media mogul Bruce Gordon has secured a seat on the board of Nine Entertainment Co just weeks after striking a deal to air its shows on his regional television network WIN.Nine announced on Thursday that WIN’s chief executive Andrew Lancaster would join the board of the television, publishing and digital company, filling the seat vacated […]
Question: I’ve started getting emails from colleagues and clients that include what are clearly statements of fact or pronouncements, but which end with a question mark.I’ve never noticed this before and wonder what’s happening here. Am I missing a new communication trend?Illustration: John Shakespeare Credit: Answer: One way of categorising language is by dividing it […]
AMP says Francesco De Ferrari remains chief executive despite a report claiming he was set to resign by the end of Thursday.AMP went into a trading halt one hour after The Australian Financial Review reported Mr De Ferrari would resign and be replaced by AMP Australia chief Scott Hartley until a permanent successor was found. […]
1 of 4That is all from us today. Thank you for your time and your comments. If anyone is following the Suez Canal story, that massive container ship is still stuck! Bloomberg reports it is likely to be removed within a couple of days, but this will be long enough to disrupt energy supplies around […]
One of Star Entertainment’s top shareholders says the casino group should jump on board investment giant Blackstone’s $8 billion bid for embattled Crown Resorts, backing a mooted partnership to operate Crown’s three Australian casinos.Investors and analysts believe the US private equity firm Blackstone made a low-ball opening gambit when it lobbed its $11.85 per share […]
The Barkly Square shops in Mornington proved to be a big hit, selling over the reserve by a staggering 60 per cent in front of a crowd of 200.Five bidders competed for the nine-shop complex, which sold to a local investor for $12.8 million, well above the expected price. Bids opened at $7 million.Stonebridge agent […]
The chairman of outdoor goods retailer Kathmandu has defended the company’s decision not to repay $NZ20 million ($18.5 million) in government grants and wage subsidies, saying the board did not want to cause more “pain” for shareholders by returning the stipend.David Kirk, who chairs the New Zealand-headquartered company, on Tuesday said Kathmandu’s board had decided […]
The country’s largest office landlord, Dexus is increasing its stake in the 1 Bligh Street, Sydney skyscraper for $375 million, reinforcing its belief that commercial real estate can bounce back from the pandemic.Dexus will buy the 33.3 per cent stake in the skyscraper from Cbus Property in a new joint venture with the Singapore-based investment […]
Google will spend billions this year on new offices, doubling down on a return to in-person work as other companies consider a future where working from home is the norm.The tech giant will spend $US7 billion ($9 billion) on new offices and expanding data centres, including adding offices in Texas, North Carolina and Minnesota. In […]
The term “unprecedented” was a staple of the investing vernacular early last year as the coronavirus pandemic wiped $850 billion off the Australian sharemarket in 32 days. But the market has since then put on quite a show.Monday’s ASX session will mark exactly one year since a COVID-induced rout saw the local benchmark bottom out […]