ASX down on Covid hits, as Forrest set for huge payout
Stocks lose further ground as Covid fears fuel border closure worries, while Andrew Forrest could be in for a bumper $3.8bn payday.
Stocks lose further ground as Covid fears fuel border closure worries, while Andrew Forrest could be in for a bumper $3.8bn payday.
Woolworths is reintroducing buying limits at around 200 of its supermarkets in the Greater Sydney area to prevent panic buying.
Ikea booked a record $1.5bn COVID-fuelled sales bonanza in Australia this year, but it’s also failed to make a profit for the fourth year running.
Letter to suppliers sent to ‘alert them to the potential competition implications’ of allowing Woolworths to take a stake in PFD.
Stocks steadied at the close amid the fallout from Sydney’s Covid outbreak; AGL slashed its profit outlook and the US reached a virus relief deal.
Evans is part of Phillip Green’s collapsed Arcadia Group in Britain and gives City Chic a foothold in Europe.
Lycra empire Lorna Jane and its founder will face new court action over allegations ‘antibacterial’ activewear claimed to stop COVID-19 wasn’t even tested.
A planned corporate metamorphosis into a share-trading service by neobank Xinja has run into a trademark fight with a tech entrepreneur.
Mesoblast stock plummeted as much 45 per cent on Friday.
Refiner Viva Energy has suffered a near-$200m turnaround in its fortunes.
Original URL: https://www.theaustralian.com.au/author/eli-greenblat/page/181