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Reject Shop  bid 'opportunistic'

Reject Shop bid 'opportunistic'

The $78 million takeover bid for The Reject Shop is opportunistic and undervalues the value of the discount retail chain, according to its chairman. 

  • by Patrick Hatch

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Aussie shoppers urged to do homework on Black Friday 'deals'
Retail

Aussie shoppers urged to do homework on Black Friday 'deals'

Retailers are gearing up for a marketing blitz but experts say shoppers should make sure they are getting a bargain.

  • by Lucinda McDonald
Primary Health shares rebound as it recovers from a light flu season
Healthcare

Primary Health shares rebound as it recovers from a light flu season

Primary Health shares bounced strongly from a multi-year low after the company stuck to its earnings forecast despite a slow start to the financial year and a recent flurry of pay issues with its workforce.

  • by Colin Kruger
Myer says Solly Lew has blocked himself from takeover bid

Myer says Solly Lew has blocked himself from takeover bid

Myer says that its insurgent major shareholder, Solomon Lew, has handcuffed himself from ever making a takeover bid for the struggling department stores.

  • by Patrick Hatch
The factory worker's son who created a $9.7 billion startup
Startups

The factory worker's son who created a $9.7 billion startup

It took 11 pitches to investors for William Tanuwijaya to get funding for his idea to build Indonesia's first online shopping hub.

  • by Yoolim Lee & Pavel Apeyev
The ego runneth over: Delusion of celebrity brings down another CEO
Opinion
World markets

The ego runneth over: Delusion of celebrity brings down another CEO

The apparent downfall of Carlos Ghosn is the latest example of what can happen when top executives get caught up in the celebrity culture.

  • by Leonid Bershidsky
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Foxconn, Apple's biggest iPhone supplier, planning deep cost cuts
Apple

Foxconn, Apple's biggest iPhone supplier, planning deep cost cuts

Apple's biggest iPhone assembler aims to cut $US2.9 billion from expenses in 2019 as it faces "a very difficult and competitive year," according to an internal company memo.

  • by Debby Wu
BHP's money man tries new script to stop red ink from flowing
Mining

BHP's money man tries new script to stop red ink from flowing

Can BHP prevent history repeating itself? Its CFO is going to try.

  • by Stephen Bartholomeusz
Amazon backflips, reopens American site to Aussie shoppers
Retail

Amazon backflips, reopens American site to Aussie shoppers

Australian shoppers will be able to buy goods again on Amazon's international sites after it backflipped on its decision to block local customers.  

  • by Patrick Hatch
'Doesn't concern me': REA Group boss shrugs off Nine-Fairfax
Media & marketing

'Doesn't concern me': REA Group boss shrugs off Nine-Fairfax

REA Group chief executive Tracey Fellows is not concerned Nine Entertainment Co’s takeover of Domain majority shareholder Fairfax Media will strengthen the News Corp property platform’s nearest competitor.

  • by Jennifer Duke
Crypto currency 'war' is good for exchanges like Independent Reserve
Cryptocurrencies

Crypto currency 'war' is good for exchanges like Independent Reserve

A brawl between rival branches of the bitcoin family has been blamed for the latest cryptocurrency slump which has seen bitcoin drop below the $US5,000 mark this week.

  • by Colin Kruger