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Commercial real estate
'Beyond rare': Bondi block could fetch $40m as high-end investors circle
A recently-minted apartment block on the shores of Bondi Beach is set to test the market, with institutional-grade investors joining the list of potential buyers.
- by Carolyn Cummins
Latest
Uber
Ex-Uber executive, ordered to pay Google $271m, files for bankruptcy
Anthony Levandowski, who once ran Uber's self-driving car unit, was ordered to pay rival Google an enormous sum in damages, prompting the software engineer to file for bankruptcy protection.
- by Reed Albergotti
Aviation
'Dramatic turn for the worse': Coronavirus could cost airlines $170 billion
The epidemic could rob passenger airlines of up to $170 billion in revenue this year, the industry warns, more than three times as much as it predicted just two weeks ago as the virus continues to spread around the world.
- by Sarah Young and Aradhana Aravindan
Energy
Exxon, BHP pledge new gas by 'early 2021' as supply crisis looms
ExxonMobil and BHP say they will bring urgently needed gas to market by 2021 after beginning work on one of the largest remaining Bass Strait gas reservoirs.
- by Nick Toscano
IPO
Food delivery app DoorDash faces its latest challenge: Wooing Wall St
DoorDash, the leading food delivery app in the United States, has its fans. Hungry people. Busy people. Lazy people. But it also has its share of enemies and soon a new group - Wall St investors - will pick a side.
- by Erin Griffith
Retail
Myer boss calls for Rudd-style cash splash as coronavirus stimulus
The struggling department store's chief executive John King has called on the government to put cash in the pockets of consumers in response to the coronavirus crisis.
- by Dominic Powell
Updated
Telecommunications
Teoh signals TPG-Vodafone ready to take on NBN as ACCC passes on appeal
A merged TPG-Vodafone appears set to use its 5G fixed wireless to take on the NBN in the residential market, after the ACCC ruled out appealing a court ruling allowing the deal.
- by Zoe Samios
Opinion
Retail
Myer's seemingly ugly result is history now the coronavirus is here
Myer has produced a first-half profit that is either ugly or, beneath its headline, respectable in the conditions. With the coronavirus epidemic darkening the outlook for retailers, however, the result is irrelevant as a guide to future profitability.
- by Stephen Bartholomeusz
Coronavirus outbreak
'Rest, relax and celebrate': Etihad asks cabin crew to take leave as coronavirus hits demand
The state-owned Gulf carrier is asking cabin crew to take paid leave next month due to the rapidly spreading coronavirus that has led to a drop in travel demand.
- by Aziz El Yaakoubi
Coronavirus outbreak
Qantas cleaning standards a COVID-19 infection risk: safety watchdog
Qantas has been ordered to improve how it cleans its aircraft after a workplace safety inspection found the airline could be putting workers and passengers at risk of catching coronavirus.
- by Patrick Hatch
Social media
Twitter testing a feature that sees tweets delete themselves after 24 hours
Twitter is making a push to encourage people to share more often on its service.
- by Kurt Wagner