Valerina Changarathil

Valerina Changarathil reports on a wide range of news and issues relating to businesses in South Australia across start-ups, technology developers, biotechs, mining and energy companies, agriculture and food, and tourism.

@valerinac

Latest

EnergyCompanies

Forrest’s plan to replace a billion litres of diesel

Billionaire Andrew Forrest is trialling three new energy projects designed to replace more than a billion litres of diesel a year and make his company carbon neutral 10 years ahead of schedule.

Valerina Changarathil

Wine businessCompanies

3/08/20 Treasury Wine Estates CEO Tim Ford ahead of the the annual release of the Penfolds vintage. Aaron Francis/The Australian

TWE’s $100m cash boost in new US deal

Treasury Wine Estates expects an additional $100m cash boost as part of a new licensing deal with US giant, The Wine Group.

Valerina Changarathil

Business

Underground mine at Prominent Hill. Pic: Supplied by OZ Minerals

Copper miners tipped for major earnings boost

Aussie copper miners, including a South Australian business valued at more than $7bn, are tipped for double-digit boost to earnings in line with powerful demand for the metal over the next five years.

Valerina Changarathil

UpdatedFinancial Services

Sanjeev Gupta, executive chairman of Liberty House Group, poses for a photograph in Sydney, Australia, on Monday, March 26, 2018. The British conglomerate tycoon may build up to 10 gigawatts of renewable energy in Australia, including battery storage that could help power steel mills and aluminium smelters. Photographer: Brendon Thorne/Bloomberg

Gupta in talks on Greensill payments

GFG Alliance is in talks with Greensill Capital over a repayments standstill, after the financier collapsed into administration.

Nick Evans, Jared Lynch, Perry Williams and Valerina Changarathil

LIVE

Live: Trading DayTrading Day

SYDNEY, AUSTRALIA - NCA NewsWire Photos NOVEMBER, 19, 2020: Digital market boards at the Australian Securities Exchange (ASX) in Sydney. Picture: NCA NewsWire/Joel Carrett

ASX defies tech stock slide for gain

The Australian sharemarket racked up its second consecutive day of gains, buoyed by a strong lead from Wall Street and defying a tech stock drop led by the Nasdaq moving into correction territory.

Elise Shaw and Valerina Changarathil

Mining & Energy

Santos Limited CEO Kevin Gallagher in a back up control room at their Adelaide headquarters Thursday June 4,2020.Picture Mark Brake

Santos confirms sale by Chinese investor

Chinese shareholder ENN has offloaded a massive stake in oil and gas giant Santos, the ASX-listed group confirmed on Monday

Valerina Changarathil and Bridget Carter

BiotechCompanies

22/02/2018: Mesoblast CEO Silviu Itescu in Melbourne. Mesoblast has just announced successful results from a trial of its stem cell therapy for kids suffering from a deadly disease that occurs when a bone marrow transplant doesn't take and it attacks their organs. Stuart McEvoy for The Australian.

Mesoblast chief raises $US110m, but says no cash concerns

Mesoblast CEO Silviu Itescu says the high-risk biotech has no cash concerns after securing $US110m to meet critical milestones over the next 18-24 months.

Valerina Changarathil

MedicalCompanies