Business
Companies
Microsoft, Macquarie pump billions into power hungry data centres
The global heavyweights are joining with Goodman Group and ploughing billions of dollars into new data centre developments.
- by Carolyn Cummins
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Mexican madness adds spice to top ASX performers
This week’s Bulls N’ Bears ASX Runner of the Week is … Schrole Group. Its shares jumped 187.5 per cent, while the new listing of Guzman y Gomez was also a hit.
- by Michael Philipps
Analysis
Food & drink
The Aussie burrito-maker that makes Nvidia look dirt cheap
The Guzman y Gomez float was an astounding success, which makes justifying the jaw-dropping valuation on the stock much harder for investors.
- by Colin Kruger
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Approval puts Marmota in drill mode for SA gold hunt
Gold and uranium explorer Marmota has received environmental approval to start drilling at its Campfire Bore project in South Australia’s Gawler Craton.
- by Craig Nolan
Jobs on the line as media chiefs unite in stinging rebuke of Meta
The bosses of Nine, News Corp and Seven West Media have called for a potential ban on Facebook if parent company Meta fails to comply with local laws and values.
- by Calum Jaspan
Senior Seven journalist Robert Ovadia sacked following investigation into behaviour
One of Seven’s most-prominent journalists has been dismissed following an investigation into alleged inappropriate behaviour.
- by Calum Jaspan
Analysis
Media & marketing
Should Paul Barry be the last journalist to host Media Watch?
With Barry about to end his 11-year tenure in the hot seat, the ABC could hand over the task of keeping the outlets honest to someone outside the so-called media bubble.
- by Calum Jaspan
Williamstown’s shipyard hits the slipway with a price tag of $200m
The last shipyard of its kind in Victoria is for sale eight years after the last vessel plunged down the slipway.
- by Nicole Lindsay
Penfolds hikes prices in bid to reclaim top billing in China
Treasury Wine Estates is doubling headcount in China to re-establish the Penfolds brand as China’s top luxury drop – and has flagged global price increases.
- by Jessica Yun
Guzman y Gomez’s sizzling $3b debut raises hopes for IPO market revival
Mexican fast-food chain Guzman y Gomez has clinched its place as the hottest float in years, soaring to a valuation of more than $3 billion on Thursday.
- by Jessica Yun and Colin Kruger
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Dart confirms gold in historic Victorian structures
Dart Mining has confirmed multiple mineralised gold structures within the Growlers Hill fault channel at its historic Rushworth project site in Victoria.
- by Craig Nolan