Business
Companies
Court documents challenge 'watertight' Virgin sale to Bain
Deloitte has cast doubt on whether its sale of the airline to Bain is as watertight as originally presented, with court documents revealing the deal is conditional and could still be terminated.
- by Patrick Hatch
Latest
Regulation
Companies must clearly spell out COVID impacts, regulator warns
The corporate regulator has put the hard word on company directors to clearly disclose to investors all positive or negative effects of the COVID-19 pandemic.
- by Dominic Powell
Opinion
Accounting
Will Wirecard's collapse lead to big changes for the accounting profession?
The collapse of payments giant Wirecard has shone a spotlight on auditors and their role in uncovering elaborate and difficult-to-detect accounting frauds.
- by Stephen Bartholomeusz
Updated
Retail
Afterpay founders in $250m sell-off as company announces $1b capital raise
Anthony Eisen and Nicholas Molnar are selling $250m in shares as the company looks to speed up its global expansion after the pandemic delivers a sales surge.
- by Dominic Powell
Coronavirus pandemic
Wall Street firms scored emergency government loans amid pandemic
Some investment firms, including those that run hedge funds or manage money for wealthy investors, are among the businesses approved for emergency US government loans.
- by Lawrence Delevingne
Investing
Crisis investor: Warren Buffett ends drought with $14.3b energy bet
Warren Buffett built his reputation as an investor able to swoop in during volatile markets to strike unique and complicated deals in past crises. Now he has pounced again.
- by Katherine Chiglinsky
Mergers & acquisitions
Uber buys rival for $3.8b as it makes 'everyday' delivery push
Uber has announced it has acquired Postmates for $US2.65 billion to expand its food delivery market share and significantly increase the business of supplying everyday goods.
- by Subrat Patnaik and Tina Bellon
Coronavirus pandemic
CSL kicks off US trial for COVID-19 treatment
The Australian biotech giant will launch a US study testing whether a treatment candidate helps treat COVID-19 related pneumonia.
- by Emma Koehn
Aviation
Virgin Australia bondholders move to derail sale to Bain
Major owners of Virgin Australia's unsecured bonds have launched an extraordinary intervention to hold up the bankrupt airline's sale to Bain Capital.
- by Patrick Hatch
Commercial real estate
Market wrap: all the leasing and sales activity in and around Sydney
Market Wrap
- by Carolyn Cummins
Biotech
Mayne chases larger slice of US contraception market with China deal
Mayne Pharma has found a new Chinese supplier to roll out new pill brands in the US.
- by Emma Koehn