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Carsales to control South American rival | Marlboro owner buys vape giant for $2.7B | Lego's tiny profit
Carsales to control South American rival | Marlboro owner buys vape giant for $2.7B | Lego's tiny profit

Altria, the owner of Marlboro cigarettes, has found a new Juul in its nicotine-crown after buying a vaping startup NJOY for $2.7 billion USD.

 

Lego …

3 years, 2 months ago

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Cash rate rise: explained! | Atlassian cuts 500 jobs | Aussie funeral giant targeted by TPG
Cash rate rise: explained! | Atlassian cuts 500 jobs | Aussie funeral giant targeted by TPG

The Reserve Bank of Australia has become a 10-timer… after raising interest rates for the 10th meeting in a row.

 

Atlassian, the Australian founded …

3 years, 2 months ago

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Quiksilver, Billabong expect $1.9b sale this week | Bank of QLD, Bendigo Bank a possible $10b merger | Salesforce lookin' rosy
Quiksilver, Billabong expect $1.9b sale this week | Bank of QLD, Bendigo Bank a possible $10b merger | Salesforce lookin' rosy

Aussie surf brands Quiksilver and Billabong are expected to be sold this week in a deal estimated to be worth $1.9 billion.

 

There is a “real possib…

3 years, 3 months ago

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Treasurer: Hey businesses, don't increase prices! | Klarna down $1.5B, CEO pay up 35% | #BoycottHershey spreads
Treasurer: Hey businesses, don't increase prices! | Klarna down $1.5B, CEO pay up 35% | #BoycottHershey spreads

The Treasurer says businesses need to justify price rises for customers n, and he warned against corporate gouging too while customers are suffering …

3 years, 3 months ago

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Meta ready to fight Aus Gov | TikTok limits teens | Former transport giant enters VA
Meta ready to fight Aus Gov | TikTok limits teens | Former transport giant enters VA

Meta, FKA Facebook, has threatened to remove news from its platform if the government doesn’t revoke or amend the current media bargaining laws.

 

Ti…

3 years, 3 months ago

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Adore Beauty's double digit drop | SnapChatGPT | David Jones triples profit
Adore Beauty's double digit drop | SnapChatGPT | David Jones triples profit

Adore Beauty has announced a double-digit drop in revenue even though it’s been trying to become more and more part of its customers’ daily routine.

3 years, 3 months ago

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Bunnings takes on PETstock | Greenwashing: ASIC targets superfund | Pointsbet bursts in the US
Bunnings takes on PETstock | Greenwashing: ASIC targets superfund | Pointsbet bursts in the US

Bunnings has announced its biggest category expansion in over 20 years as it launches a whole new section for pet products.

 

ASIC, the corporate wat…

3 years, 3 months ago

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Wendy's (yum!) is back in Aus | $2B vanishes at Warner Discovery | Paramount not flicking Ten
Wendy's (yum!) is back in Aus | $2B vanishes at Warner Discovery | Paramount not flicking Ten

Wendy’s, the American fast food chain, will roll out hundreds of new restaurants in Australia as it plans to grab fast-food market share.

 

Warner Br…

3 years, 3 months ago

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Glue, Hype DC owner booms | Afterpay owner smashes expectations | YouTube goes multi-lingual with new dub tech
Glue, Hype DC owner booms | Afterpay owner smashes expectations | YouTube goes multi-lingual with new dub tech

The retailer behind The Athlete’s Foot, Glue and Hype DC has seen demand for shoes boom over the past six months because of their target market.

 

Bl…

3 years, 3 months ago

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Aesop's $2.9B for sale sign | Nine Entertainment's costs climb | Medibank's 200 new customers!
Aesop's $2.9B for sale sign | Nine Entertainment's costs climb | Medibank's 200 new customers!

The owners of Aesop have said they’re willing to put the brand up for sale, or spin it out for a lazy $2.9 billion.

 

Nine Entertainment’s group prof…

3 years, 3 months ago

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