Australia Financial News
23.10 / 00:55
UPS
Williams
Manufacturing
CEO
Patrick
testing
Deep tech, AI, Quantum Ventures lead Peak XV Surge’s ninth cohort
Peak XV Partners’ scale-up programme for early-stage startups, has selected 13 ventures with a focus on deeptech, artificial intelligence, advanced manufacturing and quantum computing as part of its ninth cohort. This is the first cohort of Surge since Peak XV Partners came into existence after the split of erstwhile Sequoia Capital.
22.10 / 22:15
Lowe's
MET
Bill
NEM
reports
Solar boom unleashes surge of below-zero power prices
Plentiful solar power drove wholesale electricity prices below zero a record 19 per cent of the time on the National Electricity Market in the September quarter, piling further economic pressure on ageing coal-fired power plants still needed to meet the bulk of demand.
22.10 / 22:15
UPS
Target
Progressive
Manufacturing
Conns
reports
Takeover
Takeover target Pact cuts 175 jobs, pursues asset sales
Takeover target Pact Group has axed 175 jobs, put a Victorian business up for sale and is weighing up whether to proceed with a renewed attempt at selling its entire contract manufacturing business valued at close to $130 million.
22.10 / 19:39
UPS
Provident
social
hospital
reports
travelers
Coforge to spin off public sector as separate vertical
Coforge, the mid-sized IT services company which achieved over $1 billion in annual revenue in the last quarter of FY23, is planning to spin off a stand-alone public sector division by the year-end. The sector’s resilience is a catalyst for this strategic focus on establishing a separate public sector entity, Sudhir Singh, the chief executive, said in an interview. “We are focusing on public sector clients outside India—in the UK and Australia.
22.10 / 19:39
UPS
Provident
Disney
Platform
Entertainment
audience
NOT
‘Disney+ Hotstar is here to serve many Indias, not one’
Premier League (IPL). Sajith Sivanandan, head of Disney+Hotstar India, said all businesses go through periods of ups and downs, and the company is prepared to address the dip in subscriber numbers. “We grew on the back of a lot of sports properties with the peak around the T20 World Cup.
22.10 / 18:23
UPS
Booking
KPI
gossips
reports
volunteers
TechDay ends links with PR firm after ‘exasperating’ requests
Writing an industry gossip column sometimes requires pulling together various strands and weaving an amusing tale. Other times, it’s enough to point and say, “Look! What the hell?” This is one such occasion.
22.10 / 18:23
COST
Target
Action
Assurant
track
reports
travelers
Commuters captured under tough climate regime
Carbon emissions caused by employees commuting to work or on business trips will need to be disclosed under mandatory new accounting standards being released on Monday, as activists and investors target firms over the detail of their net-zero carbon targets.
22.10 / 17:09
Ball
Chase
WhatsApp
track
Shubman Gill becomes fastest to score 2000 runs ODI, beats Hashim Amla, Babar Azam during clash vs NZ at World Cup
ALSO READ: India vs New Zealand Live Score Updates, World Cup 2023 Gill's moment of glory came in the seventh over of India's run chase against New Zealand, as he needed just 14 runs when he emphatically dispatched a delivery from Trent Boult to the boundary. The Indian opener is also the highest run-scorer in the calendar year, with 1325 runs to his name in 25 matches so far.
22.10 / 15:06
Ball
Chase
Parke
Shubman Gill becomes fastest batter to score 2000 runs in ODIs
New Zealand here on Sunday. Gill reached the milestone in 38 innings, bettering the record of South African Hashim Amla who had needed 40 innings to score 2000 ODI runs.
22.10 / 10:53
UPS
IPO
Aware
CEO
Enterprise
Photography
valuation
Guzman Y Gomez in IPO prep; market baulks at valuation
IPO hopeful Guzman Y Gomez’s expectations of what it is worth are setting off cases of heartburn among equity capital markets teams and fund managers across the street.
22.10 / 10:53
Target
Williams
Manufacturing
Racing
Forrester
Bill
Rio, BHP and Fortescue at electrification crossroads
Fortescue Metals principal of build and test Gavin Selth says that in motorsport, everyone talks about making it on to the grid.
22.10 / 09:09
COST
Provident
Healthcare
Bill
Department
patient
services
GenesisCare breaches divide local cancer services industry
The national cancer services industry body has collapsed over a disagreement about whether GenesisCare’s self-reported breaches are an industry-wide problem, as the latter’s negotiations with the health department about its bungled billings drag on.
22.10 / 09:09
UPS
Entertainment
audience
exclusive
testing
England wants $50m for next two Ashes series
English cricket executives want more than $50 million for broadcast rights to its next two Ashes series, an amount that is likely to end Seven’s attempts to bring the biennial contest on to a single television network.
22.10 / 09:09
UPS
Progressive
Strategy
Death
beautiful
Grave affair: Propel Funeral Partners bankers up, eyes on IFM
As InvoCare’s shareholders prepare to vote at the scheme meeting that would formalise its $2.2 billion take-private by TPG Capital on October 31, it is the No.2 death care services player’s turn for an open casket.
22.10 / 08:17
BLOCK
Cooper
Nov
President
2020
Australian
Australian prime minister announces China visit hours before leaving for US to meet Biden
Australian Prime Minister Anthony Albanese said he will visit China in early November, making the announcement Sunday hours before he was to fly to the United States to meet with President Joe Biden. Albanese also said China agreed late Saturday to review the crippling tariffs it levied on Australian wine that have effectively blocked trade with the winemakers' biggest export market since 2020. Albanese will become the first Australian prime minister to visit China in seven years when he travels to Beijing and Shanghai on Nov.
22.10 / 07:51
UPS
economy
WhatsApp
show
performer
stars
ICC World Cup 2023: From Mitchell Santner to Jasprit Bumrah, checkout the top 10 wicket takers so far
ICC World Cup 2023: From Mohammad Rizwan to Virat Kohli, checkout the top run-scorers Here's a list of the tournament's top wicket-takers so far: The Kiwi left-arm spinner has taken 11 wickets in the 4 matches he has played so far at an average of 15.09 and a measly economy rate of 4.40. Santner also managed to take a fifer in the match against the Netherlands, while also showing off his batting skills. The Sri Lankan left-arm pacer has made a name for himself in this edition of the ODI World Cup, taking 11 wickets in the 4 matches played so far at an average of 21.18 and an economy rate of 6.13.
22.10 / 06:49
UPS
Citi
Death
film
AMR
From Alexander to Napoleon, Gaza's cycles of death, destruction and revival
Gaza remains one of the world's top flashpoints. In a region characterised by political instability, fratricidal conflict, and geopolitical tensions, Gaza holds its own special niche, for its 4,000-years-old history predates the current Israel-Arab tensions of the 20th century. Its position as a key land bridge between Asia and Africa led to it becoming a constant battleground over the centuries and witnessing repeated cycles of destruction and revival. Across the centuries, the tread of Alexander the Great's Macedonian phalanxes and two centuries later, of the Roman legions, the pounding gallop of the Crusaders, the center of Mongols' mounted archers, Napoleon's Frenchmen, the British (bolstered by their Indian Army contingents including the Hyderabad and Mysore Lancers, as well as the Australian Light Horse) echoed in the region. Yet Gaza was not always an epicentre of battles and conflict — and spent long periods of prosperity and renown as a trading hub and seat of culture and learning. The first records of human habitation in Gaza dates to the Bronze Age in 3300-3000 BC when the Ancient Egypt built a fortress at a site south of present day Gaza City amid trade with what is now Israel. There were several spells of existence, destruction, and revival in the epoch and human settlements finally ceased to exist at the end of Bronze Age (c.
22.10 / 05:59
UPS
Ball
Strategy
Southern
Puma
2020
In the World Cup semis, ‘bomb squad’ rugby wins the day
The Rugby World Cup semi-finals were meant to be blowouts, with New Zealand and South Africa cruising into the final. And while those heavy favourites did ultimately make it, these were two dramatically different matches that could have big implications for next weekend’s title clash.
22.10 / 03:17
COST
UPS
Strategy
Forrester
ATCO and BOC Linde win $593m SA hydrogen job, Forrest misses out
Global giants ATCO and BOC Linde were named preferred contractors to build a $593 million hydrogen plant and storage facility near Whyalla in South Australia, just 6km from billionaire Sanjeev Gupta’s Whyalla steelworks.
22.10 / 00:07
UPS
Target
Matthews
Bill
Albemarle
Latin
Joint Venture
Ellison eyes new lithium prize near Albemarle joint venture
Chris Ellison’s Mineral Resources has turned its attention to a new lithium target with links to the company’s chairman, located near the prolific Wodgina lithium mine jointly owned by MinRes and Albemarle.
21.10 / 22:11
UPS
Provident
FIVE
JPMorgan
Action
Albemarle
Deal off, game on: The battle for Liontown is just beginning
Less than five hours after Liontown Resources announced the withdrawal of Albemarle’s $6.6 billion takeover bid, the lithium junior’s biggest shareholder, Gina Rinehart, was busy setting up a new vehicle for her pivot towards critical minerals.
what's happening in Australia
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