National Enquirer being sold
The National Enquirer is being sold, but Financial terms were not immediately disclosed for the deal, which included two other American Media tabloids.
US family tracking app operator Life360 has launched a $145 million initial public offering in Australia.
Colonial First State, which CBA plans to sell, said the fee cuts will likely pull down net profit after tax by about $45 million in the 2020 financial year.
Australia’s unemployment rate rose to a seasonally adjusted 5.0 per cent for March, despite the overall number of people in work ticking higher.
Fortescue Metals Group has reported flat third-quarter iron ore shipments and cut its shipments forecast because of disruptions caused by a tropical cyclone.
Woodside Petroleum’s revenue rose to $US1.22 billion for the three-months ended March 31, compared to $US1.17 billion a year ago.
Graincorp expects a $40 million hit to half-year earnings as drought continues to challenge its summer crop.
National Australia Bank says it will cop an extra $525 million after-tax hit in relation to customer remediation provisions.
Daigou-focused AuMake is expanding its focus to the lucrative Chinese tourist market with the $14.2 million acquisition of retail network Broadway.
Santos, Australia’s No. 2 independent gas producer, has reported the second-highest quarterly revenue on record, $1.02 billion.
Japanese paint giant Nippon has made a $3.8 billion offer for Australian company DuluxGroup.
BHP Group says it expects to produce less iron ore than previously forecast, the result of cyclone Veronica hitting Western Australia in March.
The world’s largest online streaming service predicted it would hook fewer new customers than expected as the streaming video wars escalate.
A bitter financial dispute centred on technology that enables iPhones to connect to the internet has been settled between Apple and mobile chip maker Qualcomm.
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POLICE and paramedics are at the scene of a reported stabbing on Foyster Court, Echuca. Police received the call about 9am. Initial reports have at least one person with multiple wounds. Ambulance Victoria has dispatched an air ambulance to the...