Danone has agreed to acquire Australian food and beverage manufacturer MADE Group, adding brands including Rokeby Farms and Cocobella. The deal strengthens Danone's nutrition business across Asia-Pacific and follows broader investment in protein and health-focused food categories. Financial terms were not disclosed.
BUSINESS
Australia’s CoreWeave Enters Nasdaq-100 With Nearly $99 Billion Backlog
Just over 15 months after its IPO, CoreWeave CRWV Nasdaq-100 will be effective from June 22 2026. The AI infrastructure company has a backlog of nearly $99 billion, backing from NVIDIA and favorable early adoption reaction from Meta and Anthropic.
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Australian Caravan Group Network RV Enters Voluntary Administration With $30M Debt
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Starbucks Cuts Jobs in London and Hong Kong as Part of Restructuring Plan
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Canada introduces 10% tariff on canned vegetable imports during trade review
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MDA Space to Buy Blue Canyon Technologies in $620 Million Deal
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Australia’s Sharon AI Announces Oversubscribed US$1.6B Financing for AI Factory Expansion
Sharon AI announced their oversubscribed US$1.6 billion financing, which was backed by Situational Awareness, Oaktree and others. The financing will back AI Factory development, its NVIDIA partnership and operation of more than 55,000 GPUs through mid-2027.