Business
Market movers
Woolworths announces warehouse job losses, Metro store write-downs
Woolworths has announced nearly $100 million in costs and impairments due to the closure of its Minchinbury warehouse and weak sales at its inner-city stores.
- by Dominic Powell
Live
Markets Live
ASX drops below 7300; WHSP up 9% on Milton merger
- by Lucy Battersby, Alex Druce and Emma Koehn
Opinion
Legal Cannabis
From coal to cannabis: Gina Rinehart branches out with her investments
- by Elizabeth Knight
Currency
LoadingCopyright © 2021. Market data information displayed on The Sydney Morning Herald is sourced from Morningstar and ASX and is subject to their terms and conditions as set out in our conditions of use. The Sydney Morning Herald does not accept any responsibility for the accuracy and/or completeness of such data or information.
Companies
Costa spends $220m on mandarins, says low avocado prices here to stay
Fruit and vegetable giant will acquire the exclusive rights to a range of seedless mandarins through a new farm acquisition, while it has also flagged it expects avocado prices to remain low for the rest of the year.
- by Dominic Powell
Woolworths announces warehouse job losses, Metro store write-downs
Woolworths has announced nearly $100 million in costs and impairments due to the closure of its Minchinbury warehouse and weak sales at its inner-city stores.
- by Dominic Powell
Markets
Live
Markets Live
ASX drops below 7300; WHSP up 9% on Milton merger
- by Lucy Battersby, Alex Druce and Emma Koehn
The economy
Opinion
World markets
Keep calm and carry on: The Fed might have been right about inflation
- by Paul Krugman
Asia’s richest man says ‘no option’ but to make businesses green
- by P R Sanjai and Debjit Chakraborty
Opinion & Perspectives
Where have all those central bank trillions gone?
Stephen Bartholomeusz
Central banks have pumped trillions of dollars into their financial systems and economies during the pandemic, but only relatively modest amounts have found their way into the real economy.
Banking & finance
Updated
Network outage
‘Widespread impact’: Banks back online after nationwide tech outage
- by Charlotte Grieve and Tim Biggs
Entrepreneurship
Zoom CEO says five days in the office will not return as hybrid work model goes mainstream
“To let every employee come back to the office five days a week, I do not think that model works,” the Zoom CEO has told Australian investors.
- by Cara Waters
Zeller sharpens business appeal with fresh cash injection
Fintech Zeller, now valued at $400 million, has raised another $50 million in funding led by US VC fund Spark just six months after launching its products in Australia.
- by Cara Waters
Consumer affairs
Workplace
Exclusive
Unfair dismissal
‘Harrowing’: SBS journalist sues network after allegedly being bullied then sacked
- by Charlotte Grieve
Exclusive
Workplace culture
This SBS journalist was allegedly bullied, harassed, then sacked. Now she’s fighting back.
- by Charlotte Grieve and Zoe Samios
