Fresh blow for Coles, Woolies over discounts
Coles and Woolworths are facing a new class action headache over allegations they promoted specially-marked products with false discounts.
Companies
Green hydrogen hype fast runs out of steam
The glow of the superfuel is fading and this demands a rethink of its role in the Albanese government’s path to net zero.
Why bank may have to pay you hundreds
Nearly two million Aussies could soon receive hundreds of dollars after multiple major banks were ordered to issue more than $28m in refunds.
Alliance bucks trend with record year and ‘better to come’
Just like Rex, Alliance Aviation saw the opportunity to expand its fleet during the Covid pandemic but while one airline failed spectacularly, the other soared to new heights.
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Aussie shares leap higher in rebound rally
The Australian sharemarket notched a powerful rebound rally on Tuesday on the back of iron ore and oil price rises and a surge in banking behemoth Commonwealth Bank.
Charges after activists’ bold stunt on train line
Charges have been laid after the alleged stunt unfolded at the Port of Newcastle on Tuesday morning in an effort to block train movements.
Australia must make case for global funds: Citi boss
Citi CEO Mark Woodruff is talking up Australia on the global funds stage with hundreds of billions needed for energy, minerals and housing development.
ASX has best day in six weeks; CBA record
CBA soars, sets itself to defend class action appeal. Ex-Seven boss joins tech micro-cap. KFC operator Collins Foods rises on earnings beat. Healius rebounds from downgrade falls.
Qantas to boost regional fleet as it explores electric
Qantas is investing in ‘newish’ Q400s on regional routes while it explores electric and battery powered aircraft for the flights.
Brewery shuts down, industry on its knees
Yet another brewery has joined the growing pile of corporate corpses after abruptly announcing it would be shutting its doors at the end of the week.
The world’s best airlines named … and how Qantas fared
Qatar Airways, the airline denied more flights into Australia, has been named the world’s best at the Skytrax awards, as Qantas tumbled out of the top 20.
One state Aussies are fleeing to
Finance behemoth Commonwealth Bank has released its latest economic health check on the nation and there is one state blowing everyone else away.
Original URL: https://www.couriermail.com.au/business/companies/page/190