Australia Financial News

George Clinical, the Sydney-headquartered contract research business, has rung up a big payday for its investors after Hillhouse Capital cleared deal-closure hurdles put up by the Foreign Investment Review Board.

The Australian government has terminated a request from Qatar Airways to add more Australian routes, dashing hopes that consumers might get relief from high international airfares.

An Australian sailor who was stranded for months off the coast of Mexico with his dog Bella is finally back on dry land after being rescued by fishers.

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India's masoor/lentil dal imports are set to soar as this cheaper substitute is being used to replace arhar/pigeon peas in sambar and dals at restaurants, dhabas and canteens. Being 60-70% cheaper and comparable in taste and texture to arhar, masoor has become a popular substitute for arhar in institutional setups. When eating dal or sambar at a restaurant, the chances are high that it is made either fully or partially using masoor dal instead of the traditional recipe of using arhar dal.

Also read: Japan Accuses Australia of Betrayal in Fight Over Natural-Gas Exports The multi-sport event, featuring 20 sports and 26 disciplines, was planned to be held across five regional hubs in Victoria. However, Andrews' team explored cost-cutting options, including reducing the number of hubs or moving the Games to Melbourne, but found them unfeasible.

Victoria abandoned plans to host the Commonwealth Games in 2026 because the 12-day event would cost up to $7 billion, rather than the $2.6 billion originally budgeted, Premier Daniel Andrews says.

Victoria pulled out of hosting the 2026 Commonwealth Games on Tuesday citing major cost blow-outs, leaving organisers fuming as they scrambled to keep the multi-sport event afloat. State Premier Daniel Andrews said the initial estimated Aus$2 billion (US$1.36 billion) needed to hold the Games would more likely be around Aus$7 billion, which he called «well and truly too much». «I've made a lot of difficult calls, a lot of very difficult decisions in this job.

dollar wobbled near an over one-year low against its major peers on Tuesday, as investors awaited fresh catalysts to gauge if the greenback has further downside in the wake of last week's cooler-than-expected U.S. inflation report. The U.S.

Washington| As fears of artificial intelligence stealing jobs start turning into reality, one Florida-based Australian private investment manager predicts that there will no longer be value in paying fund mangers to invest in listed markets.

earnings. Banking stocks will be in focus throughout the week with some heavyweights set to report their results during the week. On the global front, investors will keep an eye on the release of US macro data. Option data suggests a shift trading range in between 19400 to 20000 zones while an immediate trading range in between 19550 to 19900 zones. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a muted startGIFT Nifty on the NSE IX traded 5.5 points, or 0.03 per cent, lower at 19,774, signaling that Dalal Street was headed for muted start on Tuesday.

Despite economic headwinds, there’s been no lack of activity in the local retail sector. And profit warnings from some of the country’s highest-profile brands – from Harvey Norman to Best & Less and Adairs – have not dulled interest in Australia from one major overseas retailer, Canada’s Dollarama, a Montreal-headquartered discount chain.

Matthew Gudinski has launched his first new business since the 2021 death of his father and Mushroom Group founder Michael, creating the first gig booking agency to be majority-owned by his famous family.

The cat is out of the bag at The Real Pet Food Company.

The development firm behind the Chainlink protocol and its native LINK token has gone live with its cross-chain protocol, aimed at providing interoperability between traditional financial firms and both public and private blockchains.

Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — 18th July Japan’s Nikkei 225 rose 0.81% and the Topix gained 0.76%. South Korea’s Kospi eased marginally, while the Kosdaq rose 0.76%. Hong Kong’s Hang Seng index futures were around 35 points higher at 19,450.

Advertising and consumer promotion expenditure is expected to surge a record 20-25% year-on-year in the second half of 2023, spurred by factors such as the Cricket World Cup, a rainy summer that has led companies to postpone ad spends, and the festive season, said executives. Spending is expected to be led by sectors such as ecommerce, fast-moving consumer goods (FMCG), travel and hospitality, apparel and fashion, fintech, banking, retail and automobiles, they said.

Nicole Kidman has defended her decision to go for a controversial Vanity Fair cover photoshoot, which led to a controversy in February 2022. The 56-year-old actor wore a mini skirt and matching top by Miu Miu, paired with calf-high socks and pointed leather loafers. The magazine cover sparked debates on ageism and beauty standards. In a recent interview with Australia's Stellar magazine, Kidman gave her perspective on the viral cover and her decision to wear the outfit. “I make the most random, crazy choices. I call them ‘teenage choices’ because I just don’t ever think of consequences. Part of my brain just doesn’t think like that. I just go, ‘Oh, I’m going to wear that; it reminds me of my school uniform.’ Or, ‘Oh my God, yeah, I’d love to do that’. I try to [stay] in that place because I think otherwise you get scared or worried,” the Northman star said. While talking about the online criticism, Kidman said, “Don’t tell me, I don’t really want to know – it will stop me doing what I want to do. There are times when you hear things and you go, ‘Oh my gosh, that’s really hurtful’.” “Because you can’t be under a rock. But at the same time, I really try to stay free in the choices because otherwise, before you know it, you’re just closed off and you can’t step anywhere,” she said. “I want for myself just to keep going, ‘Oh, well, I’m trying something or I wanted to do it. It was fun. That was my choice. And yeah, I own it. I’m accountable. Whatever. I take responsibility. Nobody else chose it,’” the actor added.

401(k) plans are missing out on $35 billion a year in returns they could see if they incorporated private equity and real estate, a recent report from Georgetown University’s Center for Retirement Initiatives found.

Everyone loves a good mystery, so when a huge, unidentified metal object washed up on a Western Australian beach, locals and internet sleuths alike couldn’t contain their curiosity.

soccer fans land in New Zealand this month before the Women's World Cup, they may find themselves welcomed not to Auckland or Wellington, but to «Tāmaki Makaurau» («Tah-mah-key Ma-kow-row») or «Te Whanganui-a-Tara» («Tay Fung-a-noo-ee a Tah-rah»). Those names — what the cities are called in the country's Indigenous language, te reo Māori — are reflected in the official documents for this year's Women's World Cup, which has placed Indigenous languages and imagery unapologetically at the forefront.