#AUSTRALIAN News

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Anglo American’s South African investors open to revised BHP offer

theguardian.com South African shareholders of the mining company Anglo American have signalled they are open to a revised takeover offer from BHP, despite warnings from South African…

Taylor Swift Holds Off Dua Lipa In Australia’s Albums Chart Race

billboard.com Taylor Swift makes it three straight, as The Tortured Poets Department (via Universal) holds on for another week at No. 1 in Australia, while Sabrina Carpenter nabs her…

Rapt Films Boards Queer Sports Drama ‘Riley’ And Will Launch Sales At Cannes Market

deadline.com London-based sales outfit Rapt Films International has acquired worldwide sales rights to Benjamin Howard’s debut US film Riley and will launch sales at the upcoming Cannes…

Australian Stocks: What’s Happening with Life360 Shares?

tipranks.com In key news on Australian stocks, Life360, Inc. (AU:360) shares fell 3.6% as of writing after the release of the company’s Q1 results for 2024. Des...

BHP-Anglo American deal raises alarm in Japan's steel industry

japantimes.co.jp Japanese steelmakers have raised concerns with Australian authorities that BHP Group could become too dominant in the global supply of coking coal if it goes ahead with a…

Flights cancelled and tourists stranded as Air Vanuatu put into voluntary liquidation

theguardian.com Vanuatu has put its national carrier, Air Vanuatu, into voluntary liquidation, after it cancelled flights to Australia and New Zealand, leaving tourists stranded. The…

How the humble coconut is starting to fuel parts of Papua New Guinea

theguardian.com On Karkar island in Papua New Guinea, hundreds of coconut trees stand tall, stretching far into the distance. Decades ago, the fruit was a lucrative export but over the…

Air Vanuatu files for bankruptcy protection after canceling more than 20 flights

abcnews.go.com Air Vanuatu has filed for bankruptcy protection a day after the South Pacific state-owned carrier cancelled all international flights Air Vanuatu files for bankruptcy…

‘The next decade belongs to India’: Meet the winners of rising power’s economic boom

aol.com As Indians head to the polls in a massive ongoing nationwide election, much attention has focused on the country’s explosive growth under Prime Minister Narendra Modi’s…

RLF AgTech Boosts Capital for Sustainable Farming

tipranks.com RLF AgTech Ltd (AU:RLF) has released an update. RLF AgTech Ltd, an Australian plant nutrition and carbon tech company, has announced the issuance o...

Peter Bart: Paramount Yearns For “Seamless Transition” But Past Studio Takeovers Have Been Costly And Chaotic

deadline.com Those words usually accompany an announcement of a corporate takeover and, of course, it never works out that way. And it likely won’t for Paramount 2024. Consider history:…

Struggling Diamond Giant De Beers Is Reportedly for Sale

thedailyupside.com One of the world’s oldest and biggest diamond producers has lost its shine. The Wall Street Journal reported Thursday that British mining company Anglo American is…

Medical Properties Trust (MPW) Q1 2024 Earnings Call Transcript

finance.yahoo.com Welcome to the first quarter 2024 Medical Properties Trust earnings conference call. All participants will be in a listen-only mode. [Operator instructions] Today's call is…

Tom Hiddleston, Willem Dafoe to Star in Biopic of Famed Everest Mountaineer Tenzing Norgay for See-Saw Films, Rocket Science

variety.com Prestige indie banner See-Saw Films (“The King’s Speech,” “The Power of the Dog”) are lining up a biopic of Tenzing Norgay, the famed Nepalese-Indian mountaineer who…

Life360 reports Q1 2024 results

benzinga.com SAN FRANCISCO, May 9, 2024 /PRNewswire/ -- San Francisco area-based Life360, Inc. (Life360 or the Company) (ASX: 360) today reported unaudited financial results for the…

‘Heartbreak High’ Renewed For Third & Final Season At Netflix

deadline.com The end is in sight for Heartbreak High. Netflix has renewed the reboot of the classic Australian comedy drama, which follows kids at a fictional high school, for a third…

Olivia Rodrigo Shouts Guts World Tour Dates With Louis Partridge in New TikTok

billboard.com Olivia Rodrigo is ready to take over Asia and Australia with her Guts World Tour, and the superstar promoted her upcoming tour dates in a hilarious TikTok seemingly filmed…

Netflix’s ‘Heartbreak High’ Renewed for Third and Final Season

variety.com The hit YA comedy-drama “Heartbreak High” will be returning to Netflix for a third and final season. Announced on Friday local time, the renewal follows a hit second season…

These 2 ‘Strong Buy’ Penny Stocks Could Surge Over 400%, Says Oppenheimer

finance.yahoo.com Risk and reward are the yin and yang of stock trading, the two essential yet opposing forces in every market success. And there are no stocks that better embody both sides –…

WisdomTree’s Crypto Business Goes Live in New York Against Big Shareholder's Wishes

coindesk.com None WisdomTree Prime, the firm's digital asset app, went live in New York on Thursday. • None The app allows users to save, spend and invest in digital assets on-chain. •…

3 Materials Stocks to Sell in May Before They Crash & Burn

investorplace.com Avoid these crashing materials stocks in May The materials sector, which encompasses companies producing raw materials and basic resources, has recently been on a…

Plug Power Faces Stiff Headwinds In Q1, Optimistic About Future Margins What's Going On With Plug Power Stock Today?

benzinga.com Plug Power Inc PLUG reported a first-quarter fiscal 2024 net revenue decline of 42.8% year-over-year to $120.264 million, missing the consensus of $157.58 million. Plug…

Peabody Award Winners Include ‘The Bear’, ‘Last Of Us’, ‘Reservation Dogs’ & ‘Bluey’; Special Honor For ‘Star Trek’ Franchise

deadline.com The winners of the 84th Peabody Awards are out, and the list includes Emmy favorites The Bear, The Last of Us and Last Week Tonight with John Oliver along with other TV…

Peabody Awards: ‘Bluey,’ ‘The Bear,’ ‘The Last of Us,’ ‘Fellow Travelers’ Among Winners

hollywoodreporter.com The Peabody Awards has revealed its 2024 winners, with Bluey, The Bear, The Last of Us and Fellow Travelers among the high-profile projects set to receive awards. Peabody is…

Dog breed reveal party delights internet: "100 percent good boy'"

newsweek.com Ancestry tests for humans are fairly common, but did you know you can get one for your pup as well? A dog owner has melted hearts on social media after sharing a glimpse of…

Dow Jones, NYT, Dotdash Meredith and Informa confound news business doomsters

pressgazette.co.uk Headlines like this in the FT – “Is AI about to kill what’s left of journalism?” – contribute to an atmosphere of gloom around the prospects for the news industry. But this…

Skyborne Technologies Unveils the Cerberus Modular Integration

benzinga.com BRISBANE, Australia, May 10, 2024 (GLOBE NEWSWIRE) -- Skyborne Technologies is proud to unveil Cerberus Modular Integration (MI), a multi-mission, man-packable, Group 2 sUAS…

Peter Weir to Receive Lifetime Achievement Golden Lion at Venice

thewrap.com Peter Weir will receive the Golden Lion for Lifetime Achievement at the 81st Venice International Film Festival, which runs August 28 – September 7, 2024. The announcement…

Deal or no deal? Media companies take divergent paths on AI

cjr.org In December, the New York Times fired an early shot in the battle over whether it is legal for artificial intelligence engines such as OpenAI’s ChatGPT to scrape content…

Cate Blanchett Becomes Second Aussie to Receive Donostia Award at San Sebastian Film Festival

hollywoodreporter.com Oscar winner Cate Blanchett will receive the Donostia Award at the 72nd San Sebastian Film Festival. The Australian star, known for her roles in films such as The Aviator,…

Chinese EV maker Xpeng strikes deal with TrueEV to tackle Australian market

scmp.com Guangzhou-based Xpeng announced last month that it plans to start selling right-hand-drive versions of the G6 and the X9 multipurpose vehicle in Hong Kong during the third…

Cate Blanchett to Receive San Sebastian’s 2024 Donostia Career Achievement Award

variety.com Two-time Oscar-winning Australian actress Cate Blanchett is set to add another prestigious honor to her illustrious career. The San Sebastián Film Festival has just…

Ripple Vs SEC: XRP Lawyer Reveals ODL Contract Terms & Potential Legal Impact

coingape.com Amid the ongoing Ripple Vs. SEC legal battle, pro-XRP lawyer Bill Morgan has shed light on crucial details regarding Ripple’s On-Demand Liquidity (ODL) contracts. These…

I lived in apartheid South Africa

newsweek.com In the eyes of the world, I have been considered a pariah for most of my life. Ironic, really, for I was born on October 24, 1945, the same date as the establishment of the…

Peter Weir To Receive Venice Film Festival’s Golden Lion For Lifetime Achievement

deadline.com The Venice Film Festival will fete Australian director and screenwriter Peter Weir (Dead Poets Society, The Truman Show, Master & Commander) with its honorary Golden Lion at…

Venice Film Festival to Honor Peter Weir With Golden Lion for Lifetime Achievement

hollywoodreporter.com The Venice Film Festival will honor Australian director and screenwriter Peter Weir (Dead Poets Society, The Truman Show, Master & Commander) with its Golden Lion for…

Venice Film Festival to Honor Peter Weir With Golden Lion for Career Achievement

variety.com The Venice Film Festival will honor Australian director and screenwriter Peter Weir – whose body of work comprises “Dead Poets Society,” “The Truman Show,” and “Master and…

Cate Blanchett To Receive San Sebastian’s Donostia Award

deadline.com Cate Blanchett at the BAFTA Tea Party held at Four Seasons Hotel Los Angeles At Beverly Hills on January 14, 2023 in Los Angeles, California. at the BAFTA Tea Party held at…

US and allies sink China-made naval vessel in war drill

newsweek.com The U.S., the Philippines, and Australia have sunk a made-in-China warship in a simulated attack on an enemy vessel as China doubles down on its sweeping territorial claims…

New Piracy Blocking Order in Australia, Perhaps Congress Will Take a Look * TorrentFreak

torrentfreak.com After almost a decade of fine-tuning, including amendments to copyright law, the administration of Australia’s pirate site-blocking system looks organized and reliable.…

Facebook’s referral traffic for publishers down 50% in 12 months

pressgazette.co.uk Facebook referral traffic continues to plummet for news publishers as Meta’s turn away from the news industry continues. New data shared with Press Gazette from publisher…

China shares rise after trade data; Japan real wages drop for 24th straight month

cnbc.com China stocks rose Thursday as its imports surged past estimates and exports rose in line with expectations, while the broader Asia-Pacific market was mixed. China's imports…

Nine’s AFR print edition to cease in WA after Seven’s press doubles production price

theguardian.com The print edition of Nine’s Australian Financial Review will no longer be available in Western Australia after the Seven-owned printing facility doubled the price of…

‘The Assembly’, Groundbreaking Interview Format That Sent Michael Sheen Viral, Set For Australian Remake

deadline.com Last month, Michael Sheen appearance on new BBC interview series The Assembly popped on social media, and now Australia‘s biggest and brightest names will get the chance of…

Templewater, BP lead new funding for Australian green hydrogen start-up Hysata

scmp.com They co-led the latest Series B funding round to help Hysata scale up its 8,500 square-metre production facility and technology development. The Wollongong, New South…

Australian Government Walks Fine Budget Line With RBA Primed to Hike

wsj.com Australian Treasurer Jim Chalmers will deliver the government’s 2024-2025 federal budget next Tuesday amid concerns that strong revenue growth will tempt him toward a jump…

Australia v. Musk: Court battle set to be test case as e-safety laws reviewed

asia.nikkei.com SYDNEY -- A war of words between Australian leaders and Elon Musk is set to become a test of the power of the country's online regulator as the tech billionaire's social…

Calix Ltd Advances in Eco-Tech and Decarbonization

tipranks.com Calix Ltd. (AU:CXL) has released an update. Australian environmental technology firm Calix Limited has shared its latest newsletter, highlighting a...

News Corp. Q3 Net Income Falls 29% As News Media Advertising Revenue Declines

thewrap.com News Corp. reported that its revenue dipped about 1% while its net income sunk 29% for the third fiscal quarter of 2024, which the media company attributed to lower…

Australia’s Crypto Crackdown: ATO Seeks Data from Exchanges To Identify Tax Discrepancies

bitcoinist.com The Australian Taxation Office (ATO) is targeting approximately 1.2 million cryptocurrency-related accounts to tighten the noose on tax discrepancies. According to Reuters,…

‘We've averted a recession’: What senior bank executives are saying about the economy

financialpost.com Senior executives from Canada’s biggest banks were in New York this week for the RBC Capital Markets Financial Institutions Conference, where they addressed issues ranging…

Credit Corp Group Eyes Sustainable Growth

tipranks.com Credit Corp Group Limited (AU:CCP) has released an update. Credit Corp Group Limited reports a strong position in both Australian/NZ and US debt bu...

Uber Takes a U-Turn Back to Unprofitability

thedailyupside.com The good times, they never last. After recording its first-ever annual profit last year, Uber swung back into the red in its first-quarter earnings on Wednesday. Analysts…

Annoyed by Prime Video forcing ads on you? Well, it's about to get even worse

techradar.com It was only a few months ago that Amazon added ads to its Prime Video streaming service – that is unless you pay an extra $2.99 / £2.99 per month on top of your subscription…

Olivia Rodrigo Announces Asia & Australia Legs of Guts World Tour: See the Dates

billboard.com Olivia Rodrigo is continuing to expand her Guts World Tour, announcing Wednesday (May 8) that she’s adding nine new dates in Asia and Australia to the trek for this fall.…

Sydney Sweeney Getting Into The Ring To Portray Trailblazing Boxer Christy Martin For Director David Michod, Black Bear & Anonymous Content; Actress Is…

deadline.com The in-demand Sydney Sweeney, coming off hit rom-com Anyone But You and horror pic Immaculate, is shifting gears again as she is set to portray trailblazing boxer Christy…

Rebel Wilson Says She “Lost Money” on ‘Bridesmaids’ After She Had to Buy Premiere Dress

hollywoodreporter.com After revealing in her memoir Rebel Rising that she only received $3,500 for Bridesmaids, Rebel Wilson has now shared that she lost money on the film because, in addition to…

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