After losing $120,000 on her first beauty business, Jacine Greenwood changed her approach. Here’s how she built Roccoco Botanicals into a multimillion-dollar beauty brand—and what she did differently the second time around.
BUSINESS
Business Risk Management Guide: How to Create a Business Risk Register
A business risk register helps companies identify, assess and prioritise risks before they affect operations. Using a risk register template Australia, businesses can document risks, while a risk register example and risk matrix template support consistent assessment. A risk treatment plan then defines actions and responsibilities, strengthening practical business risk management in Australia.
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Business
James Hardie to Sell EU Fermacell Firm for €840m to Holcim
James Hardie has agreed to sell its European Fermacell business to Holcim for €840 million in cash. The company plans to use around US$600 million to repay debt and has approved a new US$250 million share buyback program.
Business
Guzman y Gomez Profit Rises 30% on Strong Australian Sales
Guzman y Gomez posted a strong annual result, with underlying profit rising to A$53.4 million from A$41.2 million a year earlier. Network sales in Australia, Singapore and Japan also increased 17.9% to A$1.4 billion.
Broadcom Lines Up $60B Plus AI Debt Deal as Chip Financing Surges
The chipmaker is seeking more than $60 billion from lenders for an AI financing package benefiting Anthropic and other companies, with Broadcom expected to guarantee part of a 60 billion to 70 billion senior debt tranche, Bloomberg News reported.
Business
Abbott Settles Infant Formula Cases for $670M After $495M Verdict
The agreement resolves claims brought by 2,000 people over specialty formulas for preterm infants, including a Missouri case involving an Illinois girl who developed the serious bowel disease necrotizing enterocolitis.
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BlackRock, Oaktree Take Control of MBS Group in Major Debt Restructuring
BlackRock’s HPS and Oaktree have acquired MBS group after converting up to $900 million of debt into equity, highlighting ongoing financial pressure across Hollywood’s production industry.
02
China’s Chery Prepares Robot IPO as AiMOGA Targets Global Police Market
AiMOGA Robotics is exploring a public listing to fund expansion and targets 10,000 robot deliveries next year after deploying 110 humanoid police robots across Chinese cities, with the Middle East and Southeast Asia emerging as key overseas markets.
03
KPMG Australia Cuts 500 Jobs as Audit Scandal Deepens
KPMG Australia is cutting about 500 partner and staff roles as client losses, revenue pressure and the fallout from its audit scandal intensify.