business

Cost of living: Primo Foods prices rise amid staff shortages, inflation

Consumers purchasing Primo Foods products are digging a little deeper into their pockets at the checkout, after the Australian meat company hiked their prices by around 6 percent. The ham, bacon and salami company, acquired by JBS in 2015increased ticket prices in May to combat the rising cost of living and increased demand for their …

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Elly Awesome’s Samsung Bespoke AX53 Air Purifier review: Cost, function

What tech can you buy to help avoid a stuffy nose? Well, an air purifier can take pollen, dust and other pollutants out of the air, which may be of assistance. And Samsung’s trying to make air purifiers stylish, recently launching their Bespoke Air Purifier range. I got my hands on Samsung’s latest Bespoke AX53 …

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Fast fashion is swamping shops, but long-time thrifters aren’t giving up the hunt

Sue Carmichael rifles through a rack of skirts at her local op shop in Goulburn, New South Wales. The long-time thrifter doesn’t have to look at the brands to tell which ones are from “one of those chains”. She pulls out one to demonstrate. “The elastic is coming down and it’s sitting alright, but your …

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Skip Capital teams up with private equity for Genex Power play

The biggest trade was late on Friday night, when Jarden’s equity desk crossed 86.5 million shares or 6.2 percent of Genex’s issued equity. Alarmingly, it was at 23ยข a share or a 70 percent premium to the Friday close. Skip Capital’s understood to have been the buyer, working in conjunction with its private equity backer. …

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Tasmanian police nab alleged Krispy Kreme thief shortly after the chain launched in the island state

Tasmanians have been waiting a long time for Krispy Kreme donuts to settle in the state. For years, the islanders have had a long and perhaps perplexing history of using trips to Melbourne to bring the coveted donuts home. Despite the gourmet sourdough versions now available at the local markets and the ever-increasing number of …

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VW’s billionaire clan plotted CEO ousting while he was on a US trip

“The departure of CEO Herbert Diess should not be a surprise given how marginalized he had become in recent months,” Philippe Houchois, a Jefferies analyst, wrote in a report. “The timing is unfortunate, and another illustration of dysfunction at VW.” Spokespeople for VW declined to comment on the events leading up to Diess’s dismissal. Software …

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Gautum Adani made $52b this year, now he is richer than Bill Gates

Most recently, he’s been exploring potential partnerships with Aramco, including the possibility of buying a stake in the Saudi petroleum giant, acquired Holcim’s cement businesses in India for $US10.5 billion, and signed a pact with South Korea’s steel producer Posco to explore business opportunities. In April, Adani Enterprises, the group’s flagship firm, said it had …

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Liontown share price jumps 7% on ‘significant milestone’

Image source: Getty Images The Liontown Resources Limited (ASX: LTR) share price has returned from a brief trading pause and is shooting higher. In afternoon trade, the lithium miner’s shares are up almost 7% to $1.19. Why is the Liontown share price racing higher? Investors have been bidding the Liontown share price higher after the …

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Which ASX lithium shares operate in Musk’s sweet spot?

Image source: Getty Images It is shaping up to be a relatively solid day for ASX lithium shares on Thursday. At the time of writing, the majority of companies on the ASX associated with the all-important battery commodity are in the green. However, as Tesla Inc (NASDAQ:TSLA) techno-king Elon Musk outlined during the electric vehicle …

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