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Industrial gorilla Goodman muscles up on warehousing

Industrial gorilla Goodman muscles up on warehousing

COVID-19 and environmental concerns are changing the face of logistics and mass storage away from single-storey to multi-level sheds.

  • by Simon Johanson

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Foxtel performance provides ‘optionality’, Kayo nears 1m paying subscribers

Foxtel performance provides ‘optionality’, Kayo nears 1m paying subscribers

News Corp says the financial performance of Foxtel has provided it with more flexibility and options, after the global media company announced a $650 million refinance of the pay TV business’ debt.

  • by Zoe Samios
‘Canadian with no front teeth’: Spotlight falls on the man replacing Warren Buffett

‘Canadian with no front teeth’: Spotlight falls on the man replacing Warren Buffett

He has rubbed shoulders with US Presidents but still retains a low profile. Now Greg Abel has been tapped to one day step into the shoes of the world’s most famous investor.

  • by Lucy Burton
Nintendo issues gloomy outlook, warns of chip shortage

Nintendo issues gloomy outlook, warns of chip shortage

Nintendo shares slid as it warned that component shortages could affect production and gave a conservative profit forecast for the year.

  • by Takashi Mochizuki and Debby Wu
The shopping war that Amazon is losing

The shopping war that Amazon is losing

Amazon has been so successful in the last year that words almost fail me. Except in one area.

  • by Shira Ovide
Billionaire’s proposed LNG import terminal to share in $40m budget boost for gas projects

Billionaire’s proposed LNG import terminal to share in $40m budget boost for gas projects

A pipeline expansion, a gas-storage project and the Andrew Forrest-backed terminal will receive funding to fast-track their development, with Energy Minister Angus Taylor saying infrastructure will be crucial to prevent supply shortfalls.

  • by Nick Toscano and Mike Foley
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Nuix adding customers but revenue outlook remains clouded

Nuix adding customers but revenue outlook remains clouded

Ailing data forensics outfit says it will take some time for the company to adjust to its customers moving away from fixed licences to a consumption model. 

  • by Colin Kruger
Rio Tinto investors revolt against ex-CEO pay after cave blast crisis

Rio Tinto investors revolt against ex-CEO pay after cave blast crisis

Rio Tinto investors have opposed a lucrative exit package given to the miner’s ex-CEO despite the blasting of the Juukan Gorge occurring under his watch.

  • by Nick Toscano
Apollo makes $4b bid for Tabcorp’s wagering, media and pokies assets

Apollo makes $4b bid for Tabcorp’s wagering, media and pokies assets

The race for Tabcorp’s wagering and media business is heating up with private equity outfit Apollo Global Management ready to go toe to toe with UK bookmaker Entain.

  • by Patrick Hatch
Lachlan Murdoch’s Seven visit sparks News chatter

Lachlan Murdoch’s Seven visit sparks News chatter

With one of the senior members of the Murdoch family in town at a pivotal juncture for the company, the rumour mill has understandably gone into overdrive.

  • by Zoe Samios
US rival sues Nearmap for alleged patent infringement

US rival sues Nearmap for alleged patent infringement

Legal action by a US rival has clouded the future of Nearmap’s fast growing US business despite the aerial mapping provider saying it will vigorously defend itself against allegations of patent infringement.

  • by Colin Kruger