bestnews Rio Tinto unification vote supporters Hannam & Partners puts Palliser payment in fine print
On Thursday in the United Kingdom (early Friday morning here), Rio Tinto shareholders will vote on a proposal by activist British hedge fund Palliser Capital to collapse the miner’s dual-company…
C’est parti! France’s Vinci bids for $3b Cairns, Mackay Airports
French infrastructure player Vinci, capitalised at €69.5 billion ($120.8 billion) on the Euronext Paris, has made its third attempt to add an Australian airport to its sprawling global portfolio. Street…
Superannuation crisis is ‘extreme but plausible’
The Reserve Bank of Australia says a sustained downturn in the Australian dollar could spark a crisis for the country’s superannuation sector and risk $4.2 trillion in savings if there…
Law firm reaches $160m deal with president as legal industry divide deepens
A fourth major American law firm, Milbank, struck a deal on Wednesday (Thursday AEDT) with Donald Trump amid the president’s campaign against perceived enemies in the legal industry, while another…
Cue Clothing and its Veronika Maine brand sold to Britain’s Hilco
The wealthy Levis family has sold Cue Clothing, the retailing business behind its namesake women’s fashion label and the Veronika Maine brand, to British asset manager Hilco Capital. As part…
JPMorgan nabs natural resources banker from rival
JPMorgan nabs natural resources banker from rival
Law firm strikes deal with staff after 12-month stand-off
Maurice Blackburn has struck a deal with unionised staff, ending a year-long pay dispute that peaked last month when lawyers were shut out of their offices by the Labor-aligned firm…
Illawarra Hawks request FIBA to investigate Australian basketball league’s billionaire owner Larry Kestelman
National Basketball League team the Illawarra Hawks has written to the sport’s international governing body accusing the league’s billionaire owner Larry Kestelman of conflicts of interest and asking that he…
Singapore’s GIC to acquire $1b-plus stake in NSW’s Transgrid
Singapore’s GIC to acquire $1b-plus stake in NSW’s Transgrid
ANZ has a trust problem after Oliver Wyman report
The most damning thing about an independent review into ANZ’s powerhouse markets business isn’t in the 63-page report or the reviewer’s 19 recommendations. It is the bank’s own response. Paul…