Business leaders blast Trump’s ‘poor calls’
Fortescue founder Andrew Forrest says the pressure is now on the US President to rejuvenate economies damaged by a global tariff storm that sent sharemarkets on a rollercoaster ride.
Companies
Healthscope willing to hand Sydney hospital to NSW Health
Healthscope says it is willing to start discussions about returning Sydney’s Northern Beaches Hospital to NSW Health following the government’s ban on private-public partnerships.
ACCC enforcement boss quits before her five-year term expires
Liza Carver will leave the competition regulator to return to private practice. Her departure comes ahead of the long promised competition case against Google, which is due to be launched soon.
Clean energy company raises $127m to take technology global
Renewables pioneer RayGen Resources says the $127m Series D funding it’s raised is among the largest clean energy technology capital raisings ever in Australia.
Vaccine and blood products maker CSL at risk of tariff contagion
CSL is in the crosshairs of Donald Trump’s tariff regime after the President declared pharmaceuticals were not immune.
Northern Star fined $750k for safety breach that injured worker
Northern Star, the biggest gold miner on the ASX, has pleaded guilty in the Perth Magistrates Court to safety breaches which left a worker with spinal and leg injuries.
Former Tabcorp boss’ alleged vulgarity revealed in court docs
Vulgar comments former Tabcorp boss Adam Rytenskild allegedly made about a gambling regulator are revealed in court documents, as the ex-CEO seeks millions in compensation.
Gold Road forced to retract mine claims after complaint to ASX
Takeover target Gold Road has been forced to retract details about the underground potential of the jointly run Gruyere mine after a complaint was made to the ASX.
Tariff fight pitches Middle America against China’s factories
There’s a new pain threshold being calculated by global markets, and it’s getting to the point where the winner really will take all.
Retail’s Mr Fix-it gets ready for his next rescue mission
From his family’s deep ties with David Jones to turning around Country Road and General Pants, Sacha Laing reckons he has the right recipe to resurrect Adore Beauty.
Australia’s biggest stevedore group strikes pay deal with union
Patrick Terminals has struck a pay deal with the maritime union that avoids costly strike action as shippers grapple with the new US tariff regime under US President Donald Trump.
Tech veteran tells court sacking ‘could have been handled better’
Australian technology veteran Adrian di Marco has told a court the termination of a ‘loyal’ manager could have been handled better, but he had always planned the departure to be amicable.
‘We’ll find unpleasant truths’: US mogul’s Star confession
The casino boss set to take control of Star Entertainment is working on a ‘day one action plan’ to fundamentally change the way the cash-strapped resort operates.
Lendlease faces $100m slug over western Sydney land dispute
The developer’s plans to build a housing estate neighbouring one it sold off to Stockland last year have been caught up in a legal dispute.
IPO drought spreads as securing venture capital gets harder
Donald Trump’s tariffs have raised concerns that some company floats will struggle to get up and running on the ASX as funding for going to market gets scarcer.
Trade tensions worry nation’s company directors
Company directors around Australia have a ‘heightened level of anxiety’ over the US Trump administration’s imposition of tariffs and its repercussions, a survey has found.
The real test of Trump’s market pain is yet to come
The danger of Trump’s tariff strategy – even if it is all a negotiating bluff – is he risks starving the US economy of the crucial funds it needs to stay alive.
Takeover target Gold Road says report reveals true value
Gold Road says shareholders will benefit from knowing the true potential value of taking operations at the jointly run Gruyere mine in WA underground, after it was handed a report.
Mexican chain upbeat because ‘people still gotta eat’
The sharemarket has lost trillions of dollars, trade wars are raging and a global recession is feared, but Guzman y Gomez’s boss is placing his faith in people’s appetite.
Stocks rollercoaster in reverse after biggest falls since pandemic
The Australian dollar and industrial commodities recovered as investors paused to catch-up on the global equities fire sale.
WA green hydrogen hopeful collapses in another industry blow
The collapse of Infinite Green Energy, once chaired by former Woodside Energy chief Peter Coleman, adds to the growing list of prospective hydrogen projects which have failed to materialise.
US casino white knight says Star’s future now bright
US-based casino giant Bally’s says its buyout will allow Star Entertainment to regain its position as ‘Australia’s preeminent gaming destination’.
Rust Belt steeled for meltdown: why tariffs matter to America
As the world melts down over Donald Trump’s tariffs, an Australian company recycling steel is coming up trumps in the US Rust Belt.
Airbus, Qantas pin green jet fuel hopes on new VC
Airbus and Qantas have backed a new climate VC to prime early-stage sustainable aviation fuel start-ups for their own later direct investment.
For markets, Trump has become the ultimate key man risk
The Trump dump has delivered extreme moves, however there’s one important thing that is so far preventing this becoming a full-blown financial crisis.
Tech employee sacked because firm ‘lost confidence’ in him
The Federal Court has heard TechnologyOne founder Adrian di Marco denied knowing an employee was suffering from mental health issues prior to dismissing him.
Star rescued from brink of collapse with Bally’s deal
Troubled casino operator Star Entertainment has accepted a $300m takeover offer from US-based Bally’s Corp, helping it narrowly avoid administration.
MaxMine beefs up team to meet ambitious growth targets
Mining technology company MaxMine plans 50 per cent growth this year and has strengthened its senior management team in an effort to hit the target.
Australian shares haemorrhage $160bn in minutes in ‘ugly’ market bloodbath
Local investors are suffering a wipeout as global turmoil worsens, with the ASX200 index now down 16 per cent from its high point two months ago.
Crown moves to play it safe with problem punters
Crown claims it now runs one of the safest casinos in the world in terms of customer welfare, with its dedicated team on the lookout for early warning signs of problem gambling.
Original URL: https://www.theaustralian.com.au/business/companies