ASX 200 declines; Super Retail chair, CEO sued; Fortescue dives; Rex update awaited; BHP, Lundin to buy Filo; Ramsay shops at Woolworths for CEO
Super Retail ex-exec alleges bullying, harassment. Fortescue crashes after mystery stake sale. BHP, Lundin bid $C4.1bn for Filo Corp. Ramsay taps Woolworths Supermarkets boss as next CEO. Credit Corp's top gainer. Rex halts 737 bookings amid financial woes.
Welcome to the Trading Day blog for Tuesday, July 30. The ASX 200 index trimmed early losses, closing down 0.5 per cent to 7953.20 points with miners the top losers.
US stocks ended mixed ahead of a big week, which includes the US Federal Reserve's interest rates meeting and results from Apple, Amazon, Meta and Microsoft.
The Aussie dollar was trading around US65.60c at 5.20pm AEST ahead of Wednesday's crucial quarterly inflation update.
ASX extends falls; Polynovo plummets on boardroom drama
Troubled Star finally strikes Queen's Wharf deal, saves 2700 jobs. Insignia soars as Bain, CC Capital lift offers. PolyNovo's internal turmoil trims under-scrutiny chair's fortunes as shared sink 13pc.
ASX 200 slumps; Star close to Queen’s Wharf deal
Casino operator's deal with Hong Kong partners to help avoid administration. Ex-dividend trading, oil price slide weigh on bourse. Insurers face $2bn-plus hit from Cyclone Alfred. APRA moves to tighten financial board rules.