Business
Companies
Treasury Wines licenses out US brands in $100 million deal
Treasury Wine Estates has announced it will license $100 million worth of its US brands to major US wine producer The Wine Group.
- by Dominic Powell
Latest
Oil and gas sector facing $26b decommissioning bill over next decade
The report was launched alongside a new decommissioning centre run by National Energy Resources Australia involving the industry’s major players to devise ways of reducing the massive costs.
- by Hamish Hastie
Developers plan post-pandemic office towers
Developers are looking beyond the pandemic-induced slump in office leasing and occupancy towards future projects that may capture any post-COVID uplift.
- by Simon Johanson
Vocus boss expects $3.5b Macquarie-led takeover will strengthen telco’s hand
Vocus boss Kevin Russell says the telco will be better placed to win a bigger slice of the market under private ownership, as it puts a planned New Zealand IPO on ice.
- by Supratim Adhikari
Opinion
Mining
Rio’s new ‘woke’ boss has another culturally sensitive issue on his plate
The aftershock of the Juukan Gorge blasts is being felt in the US where indigenous Apaches are fighting a potential Rio and BHP giant copper project.
- by Elizabeth Knight
Exclusive
Mining
Rio investors push for more indigenous engagement amid Apache struggle
Rio Tinto investors are raising concerns about a mine project on sacred Native American land and want the miner to improve engagement with indigenous groups across its global operations.
- by Nick Toscano
Napier Street auction brings 80 viewers to the $4.56m show
Owner occupiers, investors and developers were looking to secure the corner freehold.
- by Simon Johanson
Analysis
Royal family
The content queen: Oprah’s strategy pays off with Meghan and Harry interview
Oprah Winfrey’s interview with Harry and Meghan aired it wasn’t just a victory for those who like sharp inside-the-palace intrigue. It was also a win for a cuttingly modern type of media business.
- by Steven Zeitchik
Exclusive
Media & marketing
Antony Catalano grabs controlling stake in Prime Media Group
Former Domain boss Antony Catalano has struck a deal with WIN Corp billionaire Bruce Gordon to boost his stake in Prime Media, in a move that may resolve a stand-off over the regional television group.
- by Zoe Samios
The world needs syringes. He jumped in to make 5900 per minute
In late November, an urgent email popped up in the inbox of Hindustan Syringes & Medical Devices, one of the world’s largest syringe makers.
- by Karan Deep Singh
FMG confirms 380 jobs impacted as Iron Bridge cost blowout hits contractors
FMG CEO Elizabeth Gaines said the company was working closely with contractors to support redeployment to other Fortescue sites where possible.
- by Hamish Hastie