bestnews Peabody Energy’s $6b deal to buy Anglo American’s Queensland coal mines is at risk
Peabody Energy is reconsidering its near-$6 billion purchase of Anglo American’s Queensland coal assets after the second fire at a major underground mine of the company in less than 12…
Tariff war compounds fear over transmission cost blowouts
Major projects that underpin the transition away from fossil fuels have faced a swathe of cost blowouts. Now it’s a trade war – escalating by the day – that risks…
Westpac says loan fraud whistleblower got bigger bonus, not cast out as a troublemaker
Westpac says it proposed increasing the bonus of a risk executive who flagged fraud issues with mortgage broker subsidiary RAMS Home Loans, contrary to her claims that she lost money…
Victoria Police takes over investigation into cyberattack of super funds, including AustralianSuper, Australian Retirement Trust, REST, Hostplus
Victorian Police will lead the investigation into last week’s breach of the nation’s largest superannuation funds that allowed criminals to siphon hundreds of thousands of dollars out of retiree accounts.…
Donald Trump says ‘major’ tariff on pharmaceuticals coming, CSL slumps 5pc on ASX
US President Donald Trump says he is preparing to announce a “major” tariff on pharmaceuticals in an expansion of his damaging trade war that would hit $1.6 billion in annual…
Hedge fund Point72 poaches Carlyle Credit dealmaker
Hedge fund Point72 poaches Carlyle Credit dealmaker
John Wylie’s Tanarra picks up stake in Dan Murphy owner Endeavour
Activist asset manager Tanarra Capital has taken a stake in Endeavour, the troubled hospitality group Endeavour, the operator of Dan Murphy’s and BWS liquor chains and a portfolio of hundreds…
TPG buys majority stake in home care biz Five Good Friends
TPG has closed a deal to acquire a majority stake in technology-enabled homecare business Five Good Friends at a $100 million-plus valuation, as first revealed by this column in December.…
Whipsawing Wall Street puts ASX in a tailspin, again
The ASX’s wild ride has nothing on Wall Street. Tariff madness is causing chaos. Markets open the session one way, only to do a complete U-turn. Sometimes it is on…
Cbus insists Wayne Swan is at the wheel
Cbus insists Wayne Swan is at the wheel