Disney in Twitter takeover bid
September 27, 201611:59amTwitter could soon have a new owner. Disney.Staff writer and wiresNews Corp Australia NetworkTWITTER could soon have a new owner with reports Disney is ‘interested’ in buying the financially underperforming microblogging site. The Walt Disney Co is the latest conglomerate that is said to be evaluating a possible takeover of Twitter.Disney is working with a financial adviser to “evaluate a possible bid”, according to Bloomberg.Google, Microsoft, Verizon and Salesforce.com..>> view original'Dramatic Slowing' Seen in Global Trade, as Rhetoric Rises
GENEVA — The World Trade Organization dramatically slashed its forecast for trade growth this year by about a third to its lowest rate since 2009, when the global economy was mired in recession in the wake of the financial crisis.In an update to its forecasts Tuesday, the world's leading trade body said the groundswell in anti-globalization sentiment could make matters worse, especially if policymakers respond to that in a "misguided" manner.The Geneva-based WTO, perhaps best known for dealing..>> view originalSupercharge your portfolio with these 4 small cap stars
When it comes to investing I get far more excited about investing in emerging companies than the traditional blue chip options such as Woolworths Limited (ASX: WOW). Whilst I wouldn't suggest having a portfolio full of emerging companies, having a ...>> view originalCheesed off Pizza Hut franchisees get second bite of the pie
More than $80 million. That's how much cheesed-off Pizza Hut franchisees are hoping to take the company for, after reigniting their bid for compensation from the fast-food giant, claiming they were forced to sell unprofitable pizzas.About 200 franchisees from across the country have been fighting a long-running legal battle against the fast-food giant's American owner Yum!, accusing it of forcing dozens of mum-and-dad small business operators to shut up shop. Pizza Hut franchisees are hopi..>> view originalCover-More to buy US business for $138m
Travel insurance group Cover-More is raising $73.3 million through a rights share offering to part fund its acquisition of US-based Travelex Insurance Services. Cover-More on Tuesday said it had agreed to buy the Travelex business for $138 million, giving it a strong presence in North America. Travelex isthethirdlargestretailtravelinsurancespecialistintheUS market, with gross written premiums of $US124 million ($A162 million) and earnings of $US9.5 million for the year to June 30. "Travelex isa..>> view originalCountry Road CEO Matt Keogh steps down after two years
Aussie cystic fibrosis drug set for Russia
Shares in Pharmaxis have soared more than seven per cent after the Australian pharmaceutical research firm announced it will start selling its cystic fibrosis drug in Russia. The drug Bronchitol had been approved for marketing in Russia following new Russian laws that provide patients access to innovative medicines, Pharmaxis announced to the ASX on Tuesday. Bronchitol will be manufactured and exported to Russia from Pharmaxis' Sydney factory with the first sales expected before the end of 2016..>> view originalAust set for years of low rates: economist
Volcanic ash from Mount Rinjani forces cancellation of Bali flights
Volcanic ash from Mount Rinjani forces cancellation of Bali flights Updated September 27, 2016 22:50:32 Volcanic ash is again forcing the cancellation of flights to and from Bali's Denpasar Airport.Both Tigerair Australia and Jetstar have confirmed the cancellation of a number of flights.Tigerair said a scheduled Tuesday night flight from Perth to Bali and a Wednesday morning flight from Bali to Melbourne would not be operating because of volcanic activity from Indonesi..>> view originalWoolworths wins against Lowe's in Masters legal battle
Retailer Woolworths has won a legal battle against American retail giant Lowe's attempt to appoint a liquidator to the failed Masters hardware chain. Woolworths on Tuesday afternoon secured a stay of an application from Lowe's to wind up the joint venture used by the companies to run Masters. Woolworths announced in August it would close the struggling hardware chain. More Business Videos Previous slide Next slide Lowe's launches court action over Masters We'r..>> view original
Sunday, October 2, 2016
Disney in Twitter takeover bid and other top stories.
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