Category: Business

George Clooney sells his tequila company to Diageo for $1 billion

George Clooney sells his tequila company to Diageo for $1 billion

Things are looking up for George Clooney. The Hollywood actor and his wife Amal have just given birth to twins. Now he has sold the tequila...

Murray Goulburn forced to lift farmgate milk price

Murray Goulburn forced to lift farmgate milk price

With its competitors lifting their prices higher, Murray Goulburn has revised its farmgate milk price. The milk producer yesterday...

Fairfax urged to spin off Domain

Fairfax urged to spin off Domain

Billionaire Fairfax Media shareholder Alex Waislitz has urged the publisher to stay focused on spinning off its Domain property business...

Caltex flags fall in first half profit

Caltex flags fall in first half profit

Caltex Australia has foreshadowed a fall in its first half earnings, reduced in part by its $20 million assistance fund for franchise...

South Australia slaps additional tax on Australia’s biggest banks

South Australia slaps additional tax on Australia’s biggest banks

South Australian Treasurer Tom Koutsantonis has triggered a tax brawl by announcing a $370 million tax on Australia’s biggest banks. The...

Cloud technology is an enabler of change

With sophisticated digital tools at their disposal, how can HR see organisations through strategic transformation? A recent KPMG report...

John Varley steps down from Rio Tinto board after fraud charge

John Varley steps down from Rio Tinto board after fraud charge

Rio Tinto has announced that John Varley is stepping down from the company’s board effective immediately. Mr Varley, who has served on...

QBE flags higher emerging market claims

QBE flags higher emerging market claims

QBE, one of the world’s largest insurance and reinsurance companies, has warned that it is expecting higher than expected claims from...

AGL Energy’s Andy Vesey says renewables will beat coal

AGL Energy’s Andy Vesey says renewables will beat coal

AGL Energy chief Andy Vesey says coal cannot compete with renewables which he believes will be the only source of baseload energy in...

Uber chief Travis Kalanick quits under investor pressure

Uber chief Travis Kalanick quits under investor pressure

Uber chief executive and co-founder Travis Kalanick has stepped down in response to pressure from investors. His decision to step down...