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Latest news: Company Information

News Corp flags potential Foxtel buyer, rise in revenue

News Corp flags potential Foxtel buyer, rise in revenue

Foxtel could change hands with owner News Corp revealing a potential suitor for the pay-TV operator along with a rise in revenue for the American conglomerate.

Property market picking up in smaller capital cities

Property market picking up in smaller capital cities

Property market picking up in smaller capital cities

Property market picking up in smaller capital cities

REA Group's CEO says property listings in Melbourne and Sydney might marginally decline in 2024/25, but Brisbane, Adelaide and Perth are showing growth.

QBE doubles half-year net profit to $US802 million

QBE doubles half-year net profit to $US802 million

QBE doubles half-year net profit to $US802 million

QBE doubles half-year net profit to $US802 million

Insurance group QBE has announced an almost two-fold improvement in its first-half profit on higher premiums and favourable investment returns.

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AMP shares surge on 'transformational' advisor deal

AMP shares surge on 'transformational' advisor deal

The once-mighty financial services company AMP has announced a "transformational" joint venture for the loss-making advice division.

Property giant Mirvac warns of 'challenging' conditions

Property giant Mirvac warns of 'challenging' conditions

Mirvac is investing in build-to-rent apartments and industrial sites as it slashes the value of high-rise offices and warns of ongoing challenging conditions.

Call for Woodside to extract more value, not more gas

Call for Woodside to extract more value, not more gas

Woodside Energy is under fire for its management of climate risk and capital as activist investors slam recent "high-cost, high-emission" acquisitions.

Rio Tinto 'open' to nuclear energy, profit flatlines

Rio Tinto 'open' to nuclear energy, profit flatlines

Rio Tinto says it wants to find better ways to provide the materials the world needs but warns decarbonisation has "a long way to go".

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Aussie founders combine to supercharge AI design tools

Aussie founders combine to supercharge AI design tools

Aussie founders combine to supercharge AI design tools

Aussie founders combine to supercharge AI design tools

Two fast-growing Aussie tech firms are joining forces to bring breakthroughs in generative artificial intelligence and design to experts and beginners alike.

Warning to Aussie firms on mandatory climate reporting

Warning to Aussie firms on mandatory climate reporting

Warning to Aussie firms on mandatory climate reporting

Warning to Aussie firms on mandatory climate reporting

A survey of climate change strategies and disclosures of Australia's top 200 companies has found their plans need to be credible and backed by science.

Macquarie reports subdued earnings, shares slide

Macquarie reports subdued earnings, shares slide

Macquarie reports subdued earnings, shares slide

Macquarie reports subdued earnings, shares slide

Macquarie is taking a cautious stance and conservative approach to capital in 2024/25, as it looks forward to the opening of its new global HQ in Sydney.

Woodside to be 'global LNG powerhouse' after $1.4b deal

Woodside to be 'global LNG powerhouse' after $1.4b deal

Woodside to be 'global LNG powerhouse' after $1.4b deal

Woodside to be 'global LNG powerhouse' after $1.4b deal

Australia's Woodside Energy has agreed to buy the US developer of an under-construction LNG project in the Gulf of Mexico for $US900 million.

'Gutted like a fish': Forrest on Fortescue job losses

'Gutted like a fish': Forrest on Fortescue job losses

'Gutted like a fish': Forrest on Fortescue job losses

'Gutted like a fish': Forrest on Fortescue job losses

Andrew Forrest says the Fortescue Group will continue to pursue its green hydrogen plan despite slashing 700 jobs in a bid to cut costs.

Well-known Aussie wine brands offloaded by French owner

Well-known Aussie wine brands offloaded by French owner

Well-known Aussie wine brands offloaded by French owner

Well-known Aussie wine brands offloaded by French owner

Pernod Ricard has sold most of its portfolio of international wine brands, including Australia's Jacob’s Creek, Orlando and St Hugo, to a consortium.

Myer looks to expand with Just Jeans, Jay Jays purchase

Myer looks to expand with Just Jeans, Jay Jays purchase

Myer looks to expand with Just Jeans, Jay Jays purchase

Myer looks to expand with Just Jeans, Jay Jays purchase

Department store Myer has proposed to acquire brands including Just Jeans from Premier Investments in an audacious expansion of its clothing retail business.

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Graincorp half-year profit falls 75pc to $50 million

Graincrop has had a "resilient" six months given falling grain prices and poor growing conditions in the northern half of eastern Australia.

Industry rebuffs calls to slash fossil fuel subsidies

Fossil fuel subsides are increasing and undermining Australia's climate efforts, a think tank says, but energy producers insist they're paying plenty of tax.

Refineries pumped on high-value, ultra-low sulphur fuel

Upgrades are on track for producing ultra-low sulphur fuel suitable for the latest European and American cars, an Australian refiner says.

Warning for Australia as China 'weaponises' rare earths

A potentially globally significant Australian rare earths producer has criticised China for "weaponising" the market and holding back vital western development.

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Rio Tinto faces 'biggest test' since Juukan Gorge

Rio Tinto is on the hook for water use and what has been described as the biggest test of its reputation since the destruction of ancient Juukan Gorge shelters.

Coles credits Pokemon with lifting supermarket sales

Coles has recorded a 5.1 per cent rise in supermarket sales over the past three months, a boost it attributed in part to a popular collectibles campaign.

Origin Energy LNG revenue soars, Eraring's future open

Origin Energy's revenue from liquefied natural gas on higher volumes and prices surged in the March quarter, as talks continue over keeping Eraring burning.

Tabcorp CEO resigns after alleged offensive comment

Tabcorp chief Adam Rytenskild says he doesn't remember making the alleged comment but is stepping down immediately.

Myer names ex-Qantas exec Olivia Wirth as its next CEO

The former chief executive of Qantas Loyalty will become the next Myer chief executive when current CEO John King retires in June.

Aussie green bank stumps up millions for future lithium

An emerging battery minerals producer will get $550 million to ride out a market slump and finish developing one of the world's best lithium deposits.

Crown to cut almost 200 jobs amid post-Packer review

Casino and resort giant Crown will slash nearly 200 jobs as it reviews the business, with most of the cuts coming from Melbourne.

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