Struggling game maker takes on onerous loan to stay afloat
Game developer Mighty Kingdom has raised money at an onerous rate to keep the lights on but says it is still working on corporate opportunities which could deliver value.
Victoria Business
Goldman Sachs gives Foxtel deal the tick of approval
News Corp will have a stronger earnings profile and be better focused on its digital property growth drivers following the sale of Foxtel to DAZN, Goldman Sachs says.
Sports streamer DAZN buys Foxtel in blockbuster $3.4bn deal
New ownership for subscription giant Foxtel and its hit brands Kayo and BINGE is set to shake up Australia’s media and sport landscape.
Howzat! Behind DAZN’s quest to become Netflix of sport
The UK sports streaming operator has big plans for the way the world watches sport – and Foxtel is set to become a key part of this.
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Australian Clinical Labs lashed by protest vote on pay
Australian Clinical Labs’ remuneration report has drawn a stern rebuke from shareholders, despite modifications to the chief executive’s pay structure announced in recent weeks.
Share tips: a global flavour for your stock portfolio
Our experts’ buy, hold and sell recommendations this week have an international element. See their top suggestions.
ResMed boss hypes new product launch as profit surges
A revolutionary new product and strong tailwinds from wearables are providing momentum for the already surging ResMed, the company’s boss says.
GFG rail haulage suspended over ‘contractual issues’
Rail operator Aurizon has suspended some services to GFG Alliance’s Whyalla operations, just days after GFG head Sanjeev Gupta reiterated his commitment to returning to profitability.
APA rejects calls to abandon Beetaloo
The company has doubled down on the importance of gas in the energy transition, rejecting calls to abandon contentious fracking projects in the Beetaloo Basin.
Why Bank of America’s boss thinks the inflation fight has been won
Bryan Moynihan says in an interview says the US economy can absorb two more modest interest rate cuts this year, but has a warning about debt.
Dinosaurs: Tabcorp to cut costs as outlets described as prehistoric
New Tabcorp boss Gillon McLachlan will embark on a cost-cutting restructuring as the gaming giant came under fire for complacency in the battle against online competitors.
Whyalla steelworks losing $1m a day but Gupta’s defiant
Sanjeev Gupta says his broader business has been propping up the Whyalla steelworks to the tune of $1m a day in a sign of his commitment to the town.
‘I know you’re hurting’: Nine’s news boss addresses staff
The head of Nine’s news and current affairs division has sent an after-hours email acknowledging the pain employees are suffering following reports of bullying, sexual harassment and misconduct.
Why an Aussie banker landed a key role in this succession drama
This former Melbourne boy and Wall Street boss is now in charge of steering Disney through one of the toughest succession stories in corporate America.
Original URL: https://www.ntnews.com.au/business/victoria-business/page/21