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Business

Corporate news, markets, and the economy

RBA's Toughest Call: One Hike Behind, Global Fire Ahead
Business

RBA's Toughest Call: One Hike Behind, Global Fire Ahead

The Reserve Bank's March decision has become genuinely uncertain. Inflation still high, but petrol shocks and weak household spending complicate the case for another rate rise this week.

ACCC Demands Fuel Price Answers as Retailers Face Emergency Grilling
Business

ACCC Demands Fuel Price Answers as Retailers Face Emergency Grilling

Australia's competition watchdog has called an emergency meeting with major fuel retailers to justify rapid price increases since war erupted in the Middle East. The ACCC is investigating whether price hikes are justified or represent deliberate market manipulation.

Salesforce Locks in Debt Until 2066 to Fund Share Buyback
Business

Salesforce Locks in Debt Until 2066 to Fund Share Buyback

Salesforce is committing itself to decades of debt repayment to fund a $50 billion stock buyback, signalling management confidence in share value but raising questions about capital allocation in a slowing market.

Saudi Arabia's Capcom stake signals shift in gaming power
Business

Saudi Arabia's Capcom stake signals shift in gaming power

Saudi Arabia has acquired another 5% stake in Capcom through a separate investment vehicle, doubling its influence over the Japanese publisher just as Resident Evil Requiem becomes the fastest-selling game in franchise history.

Intel Keeps the Host CPU Crown as Nvidia Challenges with Vera
Business

Intel Keeps the Host CPU Crown as Nvidia Challenges with Vera

Nvidia has chosen Intel's Xeon 6 as the host processor for its next-generation DGX Rubin NVL8 AI servers, even as it launches its own Vera CPU to compete directly with Intel and AMD in the data centre processor market.

Tesla's Influencer Crisis: When Hype Meets Reality
Business

Tesla's Influencer Crisis: When Hype Meets Reality

Tesla's once-fanatical online community is fracturing over policy changes, unmet autonomous driving promises, and CEO Elon Musk's political involvement. Some of the company's biggest advocates are now publicly distancing themselves.

Rooftop Go-Kart Track Caught in Sydney's Parking Dilemma
Business

Rooftop Go-Kart Track Caught in Sydney's Parking Dilemma

A popular indoor go-kart facility built on Moore Park's car park faces potential closure as Sydney pursues its vision of transforming the Entertainment Quarter into a world-class entertainment hub.