Canva and US music-rights specialist Crunch Digital are locked in competing lawsuits over music licensing concerns, confidential data and payments for additional work.
TRANSPORT
Ford Launches Electric Van, Hybrid SUV to Win Back Aussie Buyers
Ford unveils a new electric van and hybrid SUV, aiming to double its market coverage and fend off growing competition from Chinese car brands.
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Business
NRFC Invests $55M in Darwin Chemical Waste Recycling Company
The National Reconstruction Fund Corporation is investing $55 million in Darwin-based Global Resource Recovery to expand chemical waste recycling, helping recover industrial chemicals for reuse while creating jobs and strengthening Australia’s domestic resource-processing capability.
Cash Gets a Comeback as ACCC Confirms Discounts Can Stay
ACCC cash discounts will remain legal after Australia ends card surcharges on October 1, as new payment rules reshape how businesses recover card acceptance costs.
Business
Oracle Beats Estimates as AI Backlog Hits $664 Billion
Oracle tops Wall Street estimates with strong AI-driven growth, easing investor concerns over cash burn as its revenue backlog surges to $664 billion.
Bath & Body Works Has a New Activist Investor Knocking on the Door
Barington Capital has taken a 0.38% Bath & Body Works stake and is seeking a potential sale, board representation and share repurchases. The retailer reported lower second-quarter sales but higher net income.
More business News
01
Do I Need Insurance If I Have an ABN?
Having an ABN does not automatically require insurance in Australia, but workers’ compensation and some contracts or industries can create insurance requirements.
02
Starbucks Is Spending $1B to Make Its Cafes Feel Human Again
Starbucks plans a $1 billion cafe investment across North America, targeting up to 9,000 stores as sales recover and US coffee consumption remains strong.
03
NEXTDC Secures $1.1 Billion in Convertible Notes for Growth
NEXTDC secures $1.1 billion through convertible notes, boosting liquidity and funding its data centre expansion plans while preserving balance sheet flexibility.