Soul Pattinson half-year profit down
Investment house W. H. Soul Pattinson says its regular profit after tax dropped 33 per cent to $124.7 million, but it has managed to increase its dividend.
Solomon Lew says Premier Investments will not pay rent during a virus-necessitated shutdown of its stores as thousands of retailers across the nation shed jobs.
A total 6,000 Flight Centre support and sales roles across the globe will either be stood down or, in some instances, become redundant.
Brickworks first-half statutory net profit after tax drops by 49 per cent to $58 million in the wake of the coronavirus.
AMP says it is on track to complete the sale of its wealth protection unit in June despite disruptions caused by the coronavirus pandemic.
The world’s poorest countries should be given immediate debt relief, the World Bank and the International Monetary Fund say.
The Star Entertainment has stood down 8,100 workers - or 90 per cent of its workforce - following the closure of its food, beverage and gaming facilities.
Medical tech firm Cochlear has halted trading as it moves to raise $800 million to offset a hefty COVID-19 hit.
Virgin Australia has put 8,000 staff on leave and further slashed domestic flights - to 90 per cent - due to coronavirus travel restrictions.
MyState chief executive Melos Sulicich is staying on at the Tasmanian-based financial group to help steer it through the coronavirus pandemic.
The Reserve Bank of Australia has flooded the system with nearly $65 billion cash since March 12 when a liquidity crunch sent global markets into a tailspin.
Rio Tinto is shuttering its furnaces at its mineral sands mine in South Africa and slowing work in Quebec as governments institute coronavirus lockdowns.
Australia’s supermarkets have been granted permission to work with each other to ensure their shelves are stocked during the coronavirus pandemic.
About 8,000 workers have been stood down at Woolworths’ licensed venues, showing the impact of restrictions to stem the spread of coronavirus.
Greater Shepparton has its first confirmed case of COVID-19, the state government has said in a statement today. The News understands the person was tested at Goulburn Valley Health. Another person has tested positive for the virus in Gannawarr...
Greater Shepparton has its second confirmed case of COVID-19, the state government has said in a statement today. Goulburn Valley Health have confirmed that a second person who tested positive for COVID-19 recently returned from overseas.
Greater Shepparton has reported a third confirmed case of COVID-19.