Australia Financial News

16.11 / 05:03

Provident CEO Action Fallout show stage information Leak Rio Tinto sacks former head of aluminium division for leak

Rio Tinto fired the former head of its aluminium division, Ivan Vella, on Wednesday with immediate effect due his “failure” to keep confidential information secret, according to the mining giant, which is investigating the fallout from the breach.

16.11 / 05:03

Career Entertainment Doyen of restructuring Dominic Emmett strikes out on his own

Here’s one that slipped under the radar. Distressed debt guru Dominic Emmett is set to launch his own eponymously named firm.

16.11 / 04:04

Provident blues Department 'If India doesn't deserve to reach final then who does': Former Pakistan pacer Shoaib Akhtar

Shoaib Akhtar stated that the Indian team «deserves» to be in the final following their 70-run triumph over New Zealand in the semi-final at the Wankhede Stadium. The opening pair of skipper Rohit Sharma and young gun Shubman Gill went all guns blazing against the Kiwi bowlers. Virat Kohli and Shreyas Iyer's ton allowed the Men in Blue to exercise control in the middle overs. The collective batting effort allowed the hosts to put up a total of 397/3 on the board. While defending the total, Mohammed Shami turned up and bagged wickets when the need arose.

16.11 / 02:51

Williams Experts beautiful 2020 reports It’s Fashion, Baby! Gina Rinehart weighs acquisition of Driza-Bone

Driza-Bone, the iconic Australian oilskin coats and clothing products brand, is set to change hands – and become part of resources billionaire Gina Rinehart’s growing portfolio of non-mining businesses.

16.11 / 02:51

Provident Target Aviat Strategy GrainCorp to pay special dividend, buy back shares

GrainCorp has unveiled a $50 million share buyback and declared a special dividend in a sign of confidence the business can withstand adverse weather conditions expected to affect Australian farmers.

16.11 / 02:51

Citi FIVE Matthews Department raid MinterEllison partners leave in rival firm raid

Five partners at top-tier firm law firm MinterEllison have departed in a raid by global rival HFW, which is aiming to cash in on mining and resources deals between Western Australia and China.

16.11 / 02:51

country France’s Vinci throws its beret in the ring for Queensland Airports

Turns out Melbourne’s EastLink toll road is not the only Aussie asset that French infrastructure giant Vinci Group’s got its eye on.

16.11 / 02:44

Target Cooper economy MSCI Nikkei President information Asia stocks waver, expectations of Fed pause intact after data

By Julie Zhu

16.11 / 02:39

economy fed rate cut Rate Cut Dollar holds ground as macro data hints at later Fed rate cut

By Kevin Buckland

16.11 / 02:19

NIC JPMorgan Steadfast poised to launch $280m equity raising; two brokers on ticket

The king of insurance broker acquisitions, Robert Kelly, is at it again.

16.11 / 02:19

CEO Platform pandemic track reports donates Michael Hintze sells $20b firm to Canadian giant

London | Australian Financial Review Rich Lister Michael Hintze has sold most of his $20 billion managed funds company CQS to the Canadian giant Manulife Investment Management, and will strike out on his own.

16.11 / 02:03

ICC World Cup 2023: Who’ll win South Africa vs Australia semi-final match? Prediction, fantasy team and more

South Africa: Quinton de Kock, Reeza Hendricks, Marco Jansen, Heinrich Klaasen, Keshav Maharaj, Aiden Markram, Kagiso Rabada Australia: David Warner, Mitch Marsh, Glenn Maxwell, Adam Zampa, Steve Smith, Travis Head, Adam Zampa, Mitchell Starc, Quinton de Kock (VC)(WK), Heinrich Klaasen, David Warner (C), Rassie van der Dussen, Aiden Markram, Steve Smith, Glenn Maxwell, Keshav Maharaj, Marco Jansen, Mitchell Starc, Adam Zampa The pitches at the Eden Gardens in Kolkata are generally known as batting-friendly. However, as the match proceeds, the pitch becomes slow and acts in favour of spinners.

16.11 / 02:03

Reuters President show 2020 reports Department recommendations fall 6 things that changed for the stock market overnight - Gift Nifty, fall in oil prices to Biden-Xi meet

Sensex jumped 742.06 points, or 1.14%, to end at 65,675.93, while the Nifty 50 settled 231.90 points, or 1.19%, higher at 19,675.45. “Rally was seen in global markets after weak US inflation data raised hopes that the interest rate-hiking cycle has reached its peak. Additionally, news of fresh stimulus in China and sharp fall in UK’s inflation boosted the sentiments.

15.11 / 23:13

CEO Fighting Experts track country recommendations Brookfield Brookfield plays higher power price card in fight for Origin

Canada’s Brookfield says AustralianSuper must be factoring in higher energy prices for consumers and running Origin Energy’s coal-fired power station for longer in its finding that the $20 billion takeover bid from Brookfield and partner EIG undervalues Origin.

15.11 / 21:10

FIVE Healthcare Oscar show Macquarie-advised EBOS hounds Greencross; deal in the offing

Acquisitive Australasian health care group EBOS is closing in on a deal to acquire TPG Capital-backed Greencross, Street Talk can reveal.

15.11 / 21:10

Citi BLOCK Strategy Tesla country voice ‘Shrill’ critics of gas will only cost jobs: Santos boss

Santos chief executive Kevin Gallagher says the “shrill voices” of climate activists and politicians in affluent electorates will cost the country jobs and ultimately reduce living standards of average Australians if they succeed in blocking new gas projects.

15.11 / 19:49

Aware Entertainment performer stars ad Disney Star eyes big moolah from unsold WC ad inventory

Disney Star is looking to sell its residual unsold TV ad inventory for the knockout matches and the final of the Cricket World Cup for as much as Rs 30 lakh per 10-second spot, emboldened by India's outstanding performance in the tournament so far, multiple media buyers told ET. However, most media buyers suggest that there would be very few takers for the ad inventory at such a steep rate, with most of the key cricket advertisers already exhausting their budgets for the mega event. «Disney Star has some residual inventory left for the knockout matches and the final. They are looking at Rs 30 lakh per 10-second spot.

15.11 / 18:33

Provident FIVE Ball Gap performer World Cup 2023 top run-scorers: Virat Kohli remains in 1st position as Shreyas Iyer jumps to 6th; check others on list

World Cup, scoring 117 off 113 balls with nine fours and two sixes. Virat Kohli (713) also became the highest run-getter in a single edition of World Cup, again surpassing the legendary Tendulkar (623 run in 2003). His knock against the New Zealand has extended the gap with second-placed Quinton de Kock of South Africa.

15.11 / 16:17

Provident Reuters Action country information reports Department US helps forge global group on measuring climate-warming emissions from natural gas

By Timothy Gardner

15.11 / 13:43

economy Experts reports Bonds have ‘rarely been more compelling than equities,’ Pimco says

Bonds are looking attractive right now and are set to be a shining light in 2024, according to a new outlook from portfolio managers at Pimco.

15.11 / 13:43

Strategy economy Patrick show track Global bonds on course to erase 2023 losses

Global bonds have been such a kicking post in recent months that it may come as something of a surprise they are just a fraction away from erasing this year’s loss.

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