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The $1 billion investment from a used car dealer | The ASX has a challenger | Paramount Skydance's $150 million acquisition
The $1 billion investment from a used car dealer | The ASX has a challenger | Paramount Skydance's $150 million acquisition

Eagers Automotive, the ASX listed car retailer, has invested $1 billion into a Canadian car dealer as it plans for global and domestic expansion

The …

7 months, 4 weeks ago

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Armaguard’s cash deal with the banks | General Pants shuts 25% of stores | Peloton’s AI spin
Armaguard’s cash deal with the banks | General Pants shuts 25% of stores | Peloton’s AI spin

Cash will remain alive in Australia after Australia’s biggest banks and retailers struck a deal to keep Armaguard delivering the goods.

General Pants…

7 months, 4 weeks ago

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Seven & Triple M's mega-merger | Trump’s Hollywood tariff | Amazon’s $2.5 billion trap
Seven & Triple M's mega-merger | Trump’s Hollywood tariff | Amazon’s $2.5 billion trap

Seven West Media and Southern Cross Media have announced plans to merge into a $415 million content machine.

Donald Trump has slapped a 100% tariff o…

8 months ago

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RBA hits pause | EA sells for $55 billion - it's in the game | Accenture's AI ultimatum to 800k staff
RBA hits pause | EA sells for $55 billion - it's in the game | Accenture's AI ultimatum to 800k staff

The RBA has held the cash rate at 3.60% after monthly inflation bounces back faster than expected.

Video-game giant Electronic Arts has agreed to sel…

8 months ago

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Optus' unconscionable conduct costs millions | Smiggle's sales plummet | Alibaba goes all in on AI
Optus' unconscionable conduct costs millions | Smiggle's sales plummet | Alibaba goes all in on AI

Optus has been slapped with a $100 million fine for 4 years of unethical sales conduct 

Premier Investments has booked a juicy profit boost… but if y…

8 months, 1 week ago

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Kathmandu's toughest climb yet | Inflation jump may put RBA cut on hold | Lego's £200m fun-house
Kathmandu's toughest climb yet | Inflation jump may put RBA cut on hold | Lego's £200m fun-house

Kathmandu’s owner is trying to climb out of the red, but investors are pushing for some serious baggage drop.

Inflation jumps back up to 3%… and just…

8 months, 1 week ago

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Myer's share price plummet | Meta's AI wingman for dating | Porsche hits the break on EVs
Myer's share price plummet | Meta's AI wingman for dating | Porsche hits the break on EVs

Myer’s share price has fallen 25% after its poor earnings results shocked investors.

Facebook is trying to cure dating-swipe-fatigue with a new AI da…

8 months, 1 week ago

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Atlassian's acquisition spree | Nvidia becomes BFFs with Intel | Cocoa prices fall
Atlassian's acquisition spree | Nvidia becomes BFFs with Intel | Cocoa prices fall

Atlassian has dropped a lazy $1 billion USD to acquire US startup DX…which makes it Atlassian’s biggest acquisition yet.

Nvidia is investing $5 billi…

8 months, 2 weeks ago

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Santos $36 billion takeover collapses | Meta x Ray-Ban demo flops | Stubhub's IPO mis-timing
Santos $36 billion takeover collapses | Meta x Ray-Ban demo flops | Stubhub's IPO mis-timing

Santos, the second biggest oil and gas producer in Australia, has seen its shares plummet 11% after a $36 billion takeover deal collapsed before thei…

8 months, 2 weeks ago

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ANZ in $240 million "crisis" | Apple's Liquid Glass | Gucci-owner delays decision on Valentino acquisition
ANZ in $240 million "crisis" | Apple's Liquid Glass | Gucci-owner delays decision on Valentino acquisition

ANZ has been hit with a record $240 million fine for widespread misconduct across multiple divisions.

Apple has launched its biggest iPhone design up…

8 months, 2 weeks ago

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