Seven West Media under pressure ahead of financial results

Seven West Media won't be relying on fresh capital from major shareholding Seven Group Holdings as it moves into the second half of the financial year. On Tuesday, Seven will release its first results since the multimillion-dollar restructure announced last October under new chief executive James Warburton. The restructure resulted in about 160 job losses and was expected to save […]

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The unlikely media experiment that helped save grassroots rugby

On a mutual friend's boat in 2013, an unlikely duo met and formed plans to revive grassroots rugby. John Murray, a stockbroker and president of Easts Rugby Club had recently bought an old caravan, filled it with Blackmagic digital devices and started streaming much loved but forgotten Shute Shield club rugby games on the internet. Murray was interested in streaming, […]

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Take the time to talk to your employees – or they may not stick around

When a small business loses a key employee, it can be devastating. So here’s a terrifying thought: imagine losing two-thirds of your people. That’s the warning from a new study issued by Achievers, a firm that provides an employee voice and recognition solution to aid employee performance. The annual study, which included responses from almost 1,200 employees across all genders […]

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RBI to rejig financial year in line with government’s

Taking advantage of the RBI’s different accounting year, the Centre had started demanding an interim dividend till the time the latter’s final balance sheet is prepared (usually in August). To address this anomaly, an expert committee led by former RBI governor Bimal Jalan had recommended aligning the RBI’s financial year with that of the government. The Reserve Bank of India […]

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Factories Grind to a Halt as Zimbabwe’s Economy Implodes

Gary Green is no stranger to adversity. The burly Zimbabwean has survived a brain tumor and rebuffed the seizure of his machinery business by people who claimed he was a foreigner and demanded he hand over control. Now even Green’s resolve will be tested as an imploding economy, rampant inflation, and Zimbabwe’s crippling shortage of cash and electricity push his […]

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Ukraine Sees Chance for Peace as Putin Sidelines Hawkish Envoy

Ukrainian President Volodymyr Zelenskiy said he’s committed to ending the conflict with Russia, after the appointment of a new Kremlin envoy signaled a possible opening for peace efforts. “On the first day of my presidency, I said openly: we didn’t start this war, but we have to end it,” Zelenskiy, elected in a landslide election last year on a pledge […]

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Sir Menzies Campbell backs Briton’s bid to avoid extradition to US

Former Liberal Democrat leader Sir Menzies Campbell has thrown his weight behind former Autonomy boss Mike Lynch in his battle to avoid extradition to the US on fraud charges. Campbell, a QC, said UK citizens are at a significant disadvantage when they attempt to fight US extradition requests, because they have to meet a different standard of proof compared with […]

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Market set to dip from near record highs

Australian shares are expected to start the week below the near-record highs seen last week as investors tread carefully. On Friday the S&P/ASX 200 finished the week at 7130.2, just shy of January's all-time record of 7132.7, but S&P ASX Futures suggest the index will fall 17 points at opening. The local sharemarket is expected to start the week lower […]

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‘Expectations have turned on a dime’: Investors tip consumer bright spots as top companies report

Investors and fund managers are optimistic reporting season will continue to show consumer bright spots this week as some of the ASX's biggest companies including Wesfarmers, Crown and BHP reveal their numbers and potential impact from the coronavirus. The positive sentiment comes as the S&P/ASX 200 nudges near record highs and speciality retailers such as JB Hi-Fi reported stronger than […]

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