Australia Financial News

UFC is making its return to Australia with UFC 293 in Sydney, set to take place on Saturday. In the middleweight division, Israel Adesanya is finding himself with limited opponents to face. Although Dricus Du Plessis was briefly considered, plans have since changed. As a result, Adesanya is now slated to defend his championship belt against Sean Strickland at UFC 293, scheduled for September 9. This exciting event will be hosted at the Qudos Bank Arena in Australia and will be broadcast on ESPN+ in the United States. UFC 293 boasts an enticing main card that kicks off at 10 pm (ET) and is available on pay-per-view ($79.99, via ESPN+). Additionally, two sets of preliminaries will be aired on ESPNews and streamed on ESPN+ starting at 6:30 pm (ET). It's important to note that there is a significant time difference of 14 hours between Sydney and Eastern Standard Time. Israel Adesanya (24-2 MMA, 13-2 UFC) is set to defend his middleweight title for the first time during his second reign as the UFC middleweight champion when he faces off against Sean Strickland. Adesanya initially claimed the title in 2019 and successfully defended it five times before losing it to his kickboxing rival, Alex Pereira, in November 2022. However, in April, Adesanya avenged that defeat with a second-round knockout, regaining the championship belt. The star fighter, who is based in New Zealand, has long been anticipated to headline the UFC's return to Australia.

By Joice Alves

Labor Day 2023 in the US seems to have become fruitful for Sony and Escape Artists' «The Equalizer 3» as the movie made a spectacular global debut, raking in $60.6 million, marking the franchise's most impressive opening to date. Notably, the film's international box office performance, which amounted to $26.1 million across 49 markets, set a new record for the Denzel Washington-led series, as per a report. Among the initial suite of releases, the top five markets contributing to this success are the UK ($3.5 million), France ($2.8 million), Germany ($2.4 million), Spain ($1.7 million), and Saudi Arabia ($1.6 million), according to a report by Deadline.

Australia’s Senate Committee on Economics Legislation has finally provided feedback to the cryptocurrency bill introduced by senator Andrew Bragg.

NEW DELHI (Reuters) — Leaders of the world's richest and most powerful countries will attend the two-day G20 Summit in India's capital New Delhi starting September 9.

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Australia’s critical minerals alliance with the United States will be bolstered after American giant Albemarle won over the Liontown Resources board with a $6.6 billion offer, and Mineral Resources snatched the Bald Hill mine from the clutches of a Chinese-linked bidder.

UAE astronaut Sultan AlNeyadi has marked a triumphant return to Earth after a remarkable six-month sojourn aboard the International Space Station (ISS). Notably, AlNeyadi holds the distinction of being the first person from the Arab world to journey into the cosmos and the first Arab astronaut to accomplish a 7-hour spacewalk. In a heartfelt message to the cosmos, AlNeyadi conveyed, «Space, this is not a goodbye.

Italian engineering group Webuild was facing losses of $4 billion-$5 billion on Snowy 2.0 before the contract was restructured, a move that pushed its price up to about $12 billion, according to Snowy Hydro chief executive Dennis Barnes.

NSW Premier Chris Minns has rubbished claims it would cost taxpayers $3 billion to keep the giant Eraring coal-fired power station running for two years beyond its current used-by date to fill supply gaps as the state transitions to more renewable energy.

Roughly a quarter of the Australian economy will be hit hard and fast by generative artificial intelligence (GAI) disruption as highlighted in a report by economists.

Chris Ellison’s Mineral Resources is the mystery bidder that has signed an implementation deed to buy West Australian lithium mine Bald Hill out of administration.

The New Zealand home loan market is irrational, unprofitable and ultra-competitive, major banks say. Still, that has not stopped non-bank lender Pepper Money from picking up HSBC’s mortgage book, as New Zealand’s Commerce Commission launches a probe into the banking sector.

The competition watchdog says the Albanese government should act on recommendations to overhaul how take off and landing slots are managed at Sydney Airport, the country’s busiest, backing the findings of a review conducted by former productivity commissioner Peter Harris and calls from airlines and airports.

Look who’s got a gig in one of the biggest lithium deals going. It’s Barrenjoey Capital Partners, now working alongside JPMorgan on behalf of Albemarle for the company’s $6.6 billion takeover offer lobbed at Liontown Resources.

Traditional car manufacturers including Volkswagen, Honda, Renault and Volvo are forecast to lose more than 20 per cent of their market share by 2030 because Chinese EV specialists such as BYD are making vehicles that are already 25 per cent cheaper.

SkyCity Entertainment, the ASX-listed owner of the Adelaide casino, could temporarily lose its licence to operate in New Zealand after it allegedly broke gambling harm minimisation rules.

Wind farm developers in NSW say their projects are being stalled by approval delays, community objections and slow connections to the power grid, putting at risk investments needed to help retire coal and reach Australia’s renewable energy targets.

Australian lithium aspirant Liontown Resources has signalled it will accept an improved $6.6 billion takeover bid from US giant Albemarle if it follows through with a binding offer at that price.

While PwC Australia’s top brass has been busy selling their government consultancy arm to Allegro Funds, its dealmakers have drummed up a consultancy client to show to prospective buyers.