Business
Companies
Morry Schwartz resigns as chair of Schwartz Media, says Gaza coverage not a factor
The veteran publisher says there are “lots of reasons” for his decision to step aside from day-to-day operations.
- by Calum Jaspan
Latest
Updated
Mergers & acquisitions
Chemist Warehouse, Sigma agree to merger to create $8.8 billion titan
Chemist Warehouse plans to list on the Australian Securities Exchange via a merger with Amcal owner Sigma Healthcare.
- by Sarah Danckert
The Russian billionaire, the art dealer and a disputed Leonardo da Vinci painting
Dmitry Rybolovlev had accused a Swiss art dealer of overcharging him by nearly $US1 billion while purchasing 38 paintings on his behalf. One of the pieces also had authenticity concerns.
- by Mark Hollingsworth
Opinion
Pharmaceuticals
Birth of a $9 billion pharmacy group is just what the doctor ordered
It has a bunch of hurdles to jump and won’t be without its detractors, but for investors it will be something of a white whale.
- by Elizabeth Knight
Call for more capacity as 2.6 million holiday travellers to hit Sydney Airport
Sydney Airport’s new boss, Scott Charlton, says more capacity is needed on European and Middle Eastern routes.
- by Amelia McGuire
‘Devil will be in the detail’: Australia’s $80b merger talks spark questions
Investors are questioning the benefits of an $80 billion mega-merger between Australian oil and gas majors Woodside and Santos after both companies confirmed talks are under way.
- by Simon Johanson and Peter Milne
Billions at stake for Aussie investors amid Congo election chaos
Elections in the Democratic Republic of the Congo this month could determine whether Australian investors, or Chinese interests, win the battle for control of what could be the world’s largest source of lithium.
- by Colin Kruger
Foxtel lands international cricket extension as boss pours cold water on Amazon deal
Foxtel boss Patrick Delany has played down the impact of Amazon’s ICC broadcasting rights deal in Australia as his company announced its own multiyear contract extensions.
- by Calum Jaspan
Analysis
Media & marketing
James Warburton leaving Seven as Australian TV’s last great showman
The industry will remember the departing Seven West Media boss as a great champion of free-to-air television.
- by Calum Jaspan and Stephen Brook
Updated
Gas
Woodside and Santos in merger talks to form fossil fuel giant
Australia’s two largest oil and gas companies are in talks to form a single $80 billion company focused on gas exports.
- by Peter Milne
McDonald’s hit with $100m class action for allegedly asking staff to work for free
Thousands of current and former McDonald’s staff across six years were asked to do ‘pre-shift checks’ and tasks after work for no pay, the union is arguing.
- by Jessica Yun