Rugby Australia takes over Rebels
The embattled Melbourne Super Rugby club has called in PwC with debts of over $10 million.
City Chic confirms approach; Luminis suits up
Sycamore Partners, which owns US women’s plus-size fashion retailer Torrid, is the type of party that could take a look.
Qantas poaches new Optus corporate affairs chief
Danielle Keighery was to start at the embattled telecommunications group next month. Instead, the former Crown Resorts executive will start at the airline.
Around the world
Here’s what happens next at Evergrande
The scale of Evergrande’s empire is enormous: Its developments cover hundreds of cities. It controls dozens of business and is more than $454 billion in debt.
US ‘mistake’ may have led to Jordan troop deaths
New reports suggest there was no effort to shoot down the enemy drone that hit the US desert base because it was confused with an American one.
Fed rate cuts? A strong US economy makes for a fraught decision
The concern for rate-setters is that a premature cut could bring price pressures bouncing back. They say the US economy is healthy enough for the Fed to hold rates higher.
The hottest job in corporate America
The boom in artificial intelligence has led companies, universities and hospitals to create the biggest new role in recent times – the senior executive in charge of AI.
Matter of opinion
Why Evergrande collapse may have a silver lining
The Evergrande drama raises big long-term questions about China’s outlook, but any short-term policy responses are likely to help our biggest miners.
With inflation falling, investors need to grab yield
Lower petrol prices, lower electricity and gas prices, a rising Australian dollar and zero inflation in China all point to a rapid decline in inflation in Australia.
Business life
The Apple insight that every watchmaker missed
Apple turned watch bands from fiddly to fun. Now a Cupertino insider flags the company’s next move.
Peugeot’s first Australian EV costs $60k
For $60,000 you get a small EV with measly range and the styling of its 16-year-old predecessor. Is that enough to sway Australian Pug fans?
Riding solo for 6000km ‘blows my mind’
Bespoke furniture retailer Simon Plowman gets his kicks exploring remote Australia on a $75k touring motorcycle.