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1821 articles · page 24 of 38
Ruslan Kogan, the multimillionaire founder of online retailer kogan.com, chose an unconventional venue for the time-honoured 'Lunch With' interview: his mother Irene's dining table in Melbourne.
· 3 sourcesFrance has become the flashpoint for a potential European and global financial crisis, with bond yields soaring and investors coining a new term – 'FROGS', short for French Oversized Government and Social Security – to describe the country's precarious fiscal position. The spread between French and German government bond yields has widened to levels not seen since the region's debt crisis a decade and a half ago.
· 3 sourcesGreat Southern Mining has released new assay results from its Golden Boulder prospect in Western Australia’s Duketon Belt, with high-grade gold intervals including 4 metres at 11.38 grams per tonne (g/t) from 45 metres, containing 1 metre at 29.71 g/t. The results come from the company’s ongoing 14,000-metre reverse-circulation drilling program and have extended known mineralisation by up to 50 metres down-dip.
· 2 sourcesMcLaren Minerals has reported broad, high-grade heavy mineral intercepts from surface at its McLaren titanium project in the western Eucla basin of Western Australia, with 93 per cent of the latest 57 drill holes returning at least 15 metres of mineralisation. The results support the company's push to expand and upgrade its existing 529-million-tonne resource.
· 2 sourcesLynas Rare Earths has launched a $968 million all-scrip takeover of Meteoric Resources, acquiring the Caldeira rare earths project in Brazil in a move that analysts say validates a strategic pivot away from capital-intensive hard-rock processing toward simpler, low-cost ionic clay deposits.
· 3 sourcesSchneider Electric has announced its largest ever acquisition, a $22.6 billion all-cash deal for American industrial software company PTC. The move solidifies the French multinational's bet on the AI datacenter boom, adding computer-aided design and lifecycle management tools to a portfolio that already includes liquid cooling and industrial data operations.
Starbucks has opened two stores in Xinjiang's capital Urumqi, a move that has drawn sharp criticism from U.S. lawmakers who accuse the coffee chain of supporting Chinese government policies in a region where human rights abuses have been alleged. The stores were opened by the venture that now controls Starbucks' China operations after the company sold a 60% controlling stake to Hong Kong-based private equity firm Boyu Capital in April.
Beetaloo Energy Australia has won a 25 per cent interest in an emerging Queensland oil and gas play for no upfront cost, adding a liquids-focused asset to its Northern Territory gas portfolio.
· 2 sourcesA wheelchair user was left in tears as she crawled on her hands and knees through a train after being told a ramp could not be used to help her off. Phoebe Tesoriere, 24, was travelling on a Great Western Railway (GWR) service from London Paddington to Bath Spa with her parents in December 2024, when despite repeated assurances from staff, she was directed to a carriage that stopped beyond the platform, leaving her unable to use a ramp.
Menlo Ventures has invested in AI coding startup Factory as part of the company's latest funding round, announced last month at a $5 billion valuation. The move, announced Monday in a blog post by partner Matt Murphy, is a public show of support for Factory days after its CEO accused an investor of sharing confidential information with rival Cognition.
· 2 sourcesLucid Group reported a 6.7 per cent year-over-year decline in third-quarter deliveries on Monday, as the US electric vehicle maker operated its Arizona plant on a single shift for the first full quarter under new CEO Silvio Napoli. The company delivered 3,806 vehicles from July to September, down from 4,078 a year earlier, and produced 2,954 vehicles, compared with 3,891 in the same period last year.
· 2 sourcesConcerns have been raised that recycled water from a new $1.2 billion facility built to bolster Western Sydney's drought resilience will be used by data centres, a demand that water experts say was not accounted for in the region's water strategy.
· 2 sourcesSpaceX shares rose nearly 8% on Monday, closing at $171.09 and reaching their highest level since the company's record initial public offering in June. The rally pushed Elon Musk's net worth back above $1 trillion, following a bullish note from Morgan Stanley and a weekend of multiple historic flights.
· 2 sourcesWhile many automaker CEOs warn that cheap Chinese electric vehicles could devastate the US auto industry, Hyundai CEO José Muñoz strikes a more measured tone. He argues that a combination of fair-trade policies and better products can minimize the damage — as long as the playing field is level.
PepsiCo has voluntarily recalled approximately 122,000 cases of Gatorade across 37 US states because the drinks contain undeclared food dyes, according to an official notice posted on the US Food and Drug Administration's website.
The travel industry’s luxury boom is facing a growing perception problem, as a prominent Australian travel columnist draws a direct parallel between the lavish offerings of high-end hotels and the ‘let them eat cake’ indifference attributed to Marie Antoinette. In an opinion piece published across multiple outlets on October 6, Lee Tulloch describes standing at a lunch buffet at the Airelles Palladio Venice hotel, confronted by 32 desserts curated by celebrity French pastry chef Cedric Grolet, and reflecting on the disconnect between such extravagance and the cost-of-living pressures facing ordinary Australians.
· 4 sourcesA recent review of Air New Zealand's non-stop flight NZ1 from New York City to Auckland in the economy Skycouch seating offers a firsthand account of the nearly 17-hour journey, highlighting a smooth check-in at JFK International Airport but significant congestion at Auckland International Airport's transit security.
Glasgow city council has reached a pay and grading agreement with the Unison trade union, averting one of the UK's largest ever fire-and-rehire exercises that would have affected 23,000 non-teaching staff. The deal, confirmed on 5 October 2026, protects pay for three years for the 11% of workers who would have faced wage cuts under the original proposal.
Nvidia's $20 billion deal to license technology from AI chip designer Groq has drawn a lawsuit from two former Groq engineers who accuse the startup's board of squeezing out stockholders at a "lowball" price.
· 2 sourcesThanksgiving airfares are up more than 30% compared to last year as airlines pass along a surge in jet fuel prices to customers, according to flight-tracking site Hopper. The cheapest domestic routes for November include flights between Atlanta and Midwest and Southeastern cities, as well as short intra-island Hawaii trips and Florida routes. The priciest tickets are on routes from Nantucket and Martha's Vineyard to New York and Washington D.C., with the most expensive being trips from remote Alaska to the East Coast.
· 2 sourcesSkydance CEO David Ellison and incoming co-CEO Ynon Kreiz on Monday announced the leadership team that will run the combined Paramount Skydance and Warner Bros. Discovery, as the approximately $110 billion merger is set to close on Tuesday. The appointments bring together executives from both companies across news, streaming, television and corporate operations.
· 2 sourcesSainsbury's and Morrisons held exploratory talks this year about a multibillion-pound merger that would have been the biggest shake-up for UK supermarkets in decades, according to reports. The discussions are believed to be no longer active, but the news signals ongoing consolidation pressure in the grocery sector.
· 3 sourcesTechCrunch has locked in the final Disrupt Stage lineup for TechCrunch Disrupt 2026, set to run October 13 to 15 at Moscone West in San Francisco, bringing together founders, CEOs and investors working across AI, robotics, transportation, social media, biotech and venture capital.
· 8 sourcesTechCrunch Disrupt 2026 has announced the five judges who will decide the winner of this year's Startup Battlefield competition. The judging panel consists entirely of individuals who founded or co-founded the investment firms they now lead, bringing experience in backing founders and scaling companies. The competition runs from October 13 to 15, with 20 startups pitching on the Disrupt Stage across the three days.
· 3 sourcesCNN chief executive Mark Thompson will remain at the helm of the news network when Paramount's US$110 billion acquisition of Warner Bros. Discovery closes this week, according to a memo sent to staff on Monday. The combined company, to be called Skydance, will be led by Paramount CEO David Ellison alongside former Mattel head Ynon Kreiz. The announcement came as part of a broader release detailing the combined company's executive leadership.
General Motors plans to introduce hybrid models into its U.S. lineup, the company confirmed, as sales of all-electric vehicles slow and hybrid popularity rises amid high gas prices and regulatory changes.
· 2 sourcesNvidia shares rose 1.3% on Friday, ending seven weeks of sideways trading and bringing the company's market value to just under $5.7 trillion. Based on options pricing, traders see a roughly 50% chance the chipmaker will cross the $6 trillion threshold by the end of October.
A Google data center construction project in Finland is under investigation after its local operator, Tuike Finland, allegedly cleared more than 300 hectares of forest — an area equivalent to 420 football fields — without first obtaining a mandatory environmental impact assessment, according to AFP.
The UK government is reviewing whether to impose tariffs on Chinese car imports to align itself with the European Union, as part of negotiations over new EU legislation designed to protect European manufacturing from Chinese competition.
The euro fell to its lowest level against the dollar in 17 months on Monday, dropping below $1.12 as investors grew concerned over France’s rising debt costs and political uncertainty ahead of next year’s presidential election, with Spain’s snap election adding to eurozone instability.
The average cost of a five-year fixed-rate mortgage in the UK has reached 6% for the first time in three years, according to Moneyfacts, as turmoil in global bond markets pushes up lenders' costs and leaves borrowers with sharply fewer affordable options.
· 3 sourcesLidl's Great Britain arm reported a 10% increase in sales to more than £13bn for the year ending February, with pre-tax profit rising 30% to £245.5m, as the German-owned discounter invested heavily in price cuts and saw strong demand for its upmarket Deluxe range.
· 2 sourcesCerebras Systems shares climbed in premarket trading Monday, recouping some of last week's losses after OpenAI CEO Sam Altman publicly declared the chipmaker a 'close partner,' pushing back against investor speculation that followed news OpenAI had opted to power its Ultrafast mode with Nvidia GPUs instead of Cerebras hardware.
· 2 sourcesChina closed a record 670 lenders in 2025, roughly one-quarter of all banks in the country, as Beijing accelerates a policy-driven consolidation of small and rural banks to shore up the financial system amid an economic slowdown, according to Fitch Ratings analysis.
BT has agreed to buy broadband supplier TalkTalk out of administration for £400m, saving 900 jobs and adding 1.5 million retail customers, in a deal that has prompted government intervention over concerns about public services and vulnerable users.
· 3 sourcesBitcoin is approaching a bullish technical signal that has not appeared in more than a year, with key price averages on the verge of confirming a major configuration, according to a report from CoinDesk.
Morale at the BBC has been severely damaged by a drawn-out redundancy programme that will shed as many as 2,000 staff, with insiders describing weeks of incremental announcements as a slow "bloodletting" and warning that further waves of cuts may follow in the new year.
TVSN, the home shopping network that has been free-to-air for over three decades, has begun a closing-down sale on Tuesday after its parent company failed to find a buyer, with the board expecting to close the business. Suppliers were reportedly kept in the dark about the impending shutdown.
· 4 sourcesUK museums are increasingly turning to licensing agreements, ranging from hotel suites to virtual reality experiences and branded paint, to generate revenue amid funding cuts and rising operational costs, according to data from the industry trade body Licensing International.
· 2 sourcesThe euro fell to its weakest level against the U.S. dollar in 17 months on Monday, as investors grew increasingly unsettled by political instability in Spain and France and persistent fiscal problems in the euro zone.
A Federal Court judge has described former ANZ trader Etienne Alexiou as a 'hypocrite' whose sacking over offensive language was justified, but agreed he was right about a colleague's alleged plan to manipulate a key interest rate benchmark. Justice Nye Perram's judgment, published on Monday, paints a picture of a 'nasty and brutish' trading culture where the urge to 'slaughter, pummel, smash or ram' was treated as a virtue.
· 4 sourcesCritical Resources has engaged exploration firm GexplOre to conduct structural and geophysical interpretation across its recently secured gold projects in Suriname, South America, marking what the company says is the first ASX-listed gold exploration in the country in decades.
· 2 sourcesWith the Boeing 737 at the centre of a crisis of trust following two fatal MAX crashes, this masthead has secured rare access to the company's Renton factory in Washington state to see how the world's most important commercial airliner is built.
· 3 sourcesPetrol prices in New Zealand have reached their highest level since the start of the Iran-US war earlier this year, with the average price of 91 unleaded hitting $3.50.5 per litre, according to fuel monitoring site Gaspy.
More than 150 academics, business leaders, community groups and food partnerships have warned the British government that it is "complacent about food as a national security matter", saying the country has no plan to feed people in a crisis and is unprepared for potential food shortages. In an open letter delivered to Andy Burnham, the signatories urge ministers to make the UK's food system more resilient to threats including climate shocks, cyber-attacks, energy outages and geopolitical instability.
· 2 sourcesAccelerate Resources has intersected thick zones of visual manganese mineralisation in all three large-diameter diamond holes drilled for metallurgical testwork at its Woodie Woodie North project in Western Australia's East Pilbara, with one hole returning a 72-metre downhole span of mineralisation from just 5.6 metres below surface.
· 2 sourcesThe Bank of America has warned that global interest rates are edging closer to a level that could trigger financial damage, posing a risk to Australia's $4.5 trillion superannuation sector. The bank's head of interest rates strategy, Mark Cabana, said current rates are not yet high enough to slow the economy but that further increases could push markets into dangerous territory.
The benchmark 10-year U.S. Treasury yield has climbed firmly above 5%, pushing the federal government’s net interest costs to an estimated $1.05 trillion in the first 11 months of fiscal 2026, and renewing debate over whether Washington is heading toward a debt-driven fiscal crisis. While some analysts warn of a self-reinforcing spiral of higher borrowing costs and rising debt, others argue that the U.S. remains far from a breaking point, thanks to still-strong economic growth and the dollar’s global standing.