Finance

Finance

Stuff takes ‘brave leap’, buying out Nine

Nine Entertainment has agreed to sell NZ media business Stuff to chief executive Sinead Boucher for $NZ 1.

AAP Newswire
Finance

Aristocrat settles US lawsuits for $47m

Gaming provider Aristocrat Leisure will pay $US31 million ($A47 million) to US customers who lost money playing online casino games.

AAP Newswire
Finance

IOOF class action to end without payout

Wealth manager IOOF Holdings will not be required to make any payout for a class action launched against it last year.

AAP Newswire
Finance

City Chic Collective reopening its stores

Plus-sized women’s retailer City Chic Collective says it is re-opening its 107 stores in Australia and New Zealand as the coronavirus lockdowns ease.

AAP Newswire
Finance

Exports eased in April from record high

Australian exports fell 12 per cent in April, mainly due to lower demand for non-monetary gold, preliminary data from the ABS showed.

AAP Newswire
Finance

Estia says it is navigating pandemic

Aged care provider Estia Health says it has successfully kept its residents safe during the coronavirus crisis, although its debt is increasing.

AAP Newswire
Finance

QBE says UK claims limited to $115m

Insurer QBE says its business interruption insurance claims by UK customers will be limited to $US75 million ($A115 million).

AAP Newswire
Finance

Afterpay shares hit record high

Australian e-commerce provider Afterpay notched a record share price during thriving morning trade.

AAP Newswire
Finance

Bain Capital in new bid for Virgin Aust

Private equity group Bain Capital says it is preparing a second-round proposal to become the owner and operator of Virgin Australia.

AAP Newswire
Finance

ASX tipped to open strong after dip

The ASX is expected to have a strong open but ongoing tensions between China and the US could impact markets throughout the week.

AAP Newswire
Finance

Deutsche Bank staff to give up month’s pay

Senior Deutsche Bank managers have been asked to forgo one month’s salary, the company says.

AAP Newswire
Finance

Spotless settles class action for $95m

Downer EDI’s Spotless Group has settled with shareholders who claimed the formerly independent company issued misleading guidance back in 2015.

AAP Newswire
Finance

Myer reopening all stores by Wednesday

Aside from a store in WA that’s undergoing refurbishment, Myer is reopening all of its remaining closed department stores next week.

AAP Newswire
Finance

Sydney Airport has cash to survive: chair

Sydney Airport has $2.7 billion in liquidity, enough to cover its maturing debt and sustain its operations through a protracted downturn, its chairman says.

AAP Newswire
Finance

Fitch cuts Australia credit rating outlook

Ratings agency Fitch has downgraded its outlook on Australia’s AAA credit rating to negative from stable.

AAP Newswire
Finance

AV Jennings slump as home building suffers

Home builder AV Jennings has reported sales have almost halved amid the coronavirus pandemic and no longer expects a stronger full year result.

AAP Newswire
Finance

Store closures, job cuts in Target review

The conglomerate has outlined write-offs up to $650 million relating to its underperforming Target business and will nearly halve its store network.

AAP Newswire
Finance

Mexico eyes ‘happiness’ alternative to GDP

Mexico President Andres Manuel Lopez Obrador has announced plans for the creation of a happiness index as an alternative to GDP.

AAP Newswire

Trending stories

News

The Amphibious sinks in Port of Echuca

The Paddle Vessel Amphibious sank in the Murray on Saturday evening.

Riverine Herald
News

Fatal crash in Kyabram

Police are investigating the circumstances surrounding a fatal crash which occurred in Kyabram this morning.

Shepparton News
News

Two Kyabram District Health Service staff test positive for COVID-19

Kyabram District Health Services confirmed on Tuesday night that two staff members have tested positive to COVID-19.

Spencer Fowler Steen
News

Campaspe records third COVID-19 case

THE Campaspe Shire COVID-19 tally has risen to three, with no active cases currently recorded in the Campaspe, Gannawarra or Murray River Council shires. It comes as the total number of coronavirus (COVID-19) cases in Victoria is 1,567, a net...

Riverine Herald