Business
Market movers
Breaking
Energy
AGL chief Brett Redman abruptly resigns ahead of coal break-up plan
The CEO of top Australian energy supplier AGL has resigned effective immediately, saying he is unable to commit to overseeing a plan to break up the business.
- by Nick Toscano
Currency
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Companies
Airlines see COVID setbacks driving them to $62 billion loss this year
The airline industry’s chief lobby group widened its estimate for losses this year by about a quarter, saying new COVID-19 flare-ups and mutations have pushed back the timeline for a restart of global air travel.
- by Christopher Jasper and Siddharth Philip
Breaking
Energy
AGL chief Brett Redman abruptly resigns ahead of coal break-up plan
The CEO of top Australian energy supplier AGL has resigned effective immediately, saying he is unable to commit to overseeing a plan to break up the business.
- by Nick Toscano
Markets
‘Go to the sidelines’: Wall Street starts to see weakness emerge in bitcoin charts
- by Vildana Hajric and Joanna Ossinger
The economy
New York property developers double down on a risky bet
- by Patrick Clark and Natalie Wong
Opinion
Property prices
‘It feels like winning the lottery’: confessions of a Sydney homeowner
- by Jessica Irvine
Opinion
Global economy
The Fed is on the hot seat as the Great Inflation looms
- by Ambrose Evans-Pritchard
Opinion & Perspectives
‘It feels like winning the lottery’: confessions of a Sydney homeowner
Jessica Irvine
They are too ashamed to admit it, but is there any guiltier pleasure for property owners than a Saturday morning stickybeak at a neighbouring property for sale?
Banking & finance
Opinion
Investment banking
It’s a little bit of history repeating in Credit Suisse’s litany of losses
- by Stephen Bartholomeusz
Opinion
Cryptocurrencies
‘Britcoin’ on the boil: The UK may have just changed the digital currency game
- by Stephen Bartholomeusz
JPMorgan bets $US4.8 billion on disrupting world’s biggest sport
- by David Hellier, Rodrigo Orihuela and Daniele Lepido
Startups
Merger laws up for reform as regulators team up to tame tech giants
The Australian competition watchdog has flagged imminent changes to existing M&A laws as regulators turn up the heat on global technology giants.
- by Cara Waters
Coinbase IPO paves way for local market
Australian cryptocurrency exchanges are hoping Coinbase’s blockbuster initial public offering will prove a tipping point for local startups operating in the space.
- by Cara Waters
Consumer affairs
Exclusive
Enterprise
‘A wake-up call’: Disgruntled couples waiting years to get wedding photos
- by Caitlin Fitzsimmons
Exclusive
Electric cars
VW boss says ‘embarrassing’ rules stop cheap electric car imports
- by Nick O'Malley
Workplace
Opinion
Investigation
Chinese owners of scandal-ridden dairy scramble to sell the farm
- by Adele Ferguson