Business
Companies
Seven launches ‘highbrow’ online news publication despite downturn
The Nightly will publish a 34-page digital edition at 6pm from Monday to Friday, supported by a website and featuring prominent Seven West columnists.
- by Calum Jaspan
Latest
Vulcan closer to $825m loan as EU ‘walks the talk’ on critical metals
Vulcan, which is backed by mining billionaire Gina Rinehart’s Hancock Prospecting, plans to extract lithium from underground reservoirs of hot brine from Germany’s Upper Rhine Valley.
- by Nick Toscano and Simon Johanson
Analysis
Electric vehicles
Investors flee tumbling EV upstarts once hailed as the ‘next Tesla’
A duo of electric vehicle companies chasing Tesla’s tail have disappointed investors with their recent results.
- by Esha Dey
Developers launch $3bn national office and residential projects
More than $3 billion worth of private projects are getting the stamp of approval across metropolitan Sydney and Melbourne.
- by Carolyn Cummins
Desert gold: Newmont in bid to convert mines to cash
The US gold giant that swallowed Australia’s biggest goldminer, Newcrest, in a $26.2 billion merger is moving to sell half a dozen mines.
- by Simon Johanson
Sponsored
Bulls N' Bears
APM board blocks buyout … and faith pays off
This week’s profiled ASX runner of the week is … APM Human Services. Its share price rose more than 73 per cent to join Way2Vat, 29 Metals and Australian Mines.
- by Michael Philipps
Network bosses argue against TV manufacturers ‘clipping their ticket’
Executives from Australia’s major networks and public broadcasters say laws ensuring free-to-air apps are easily available on smart TVs are essential.
- by Calum Jaspan
Woodside strikes $2.1b deal with Japan’s biggest LNG buyer
Japan’s biggest LNG importer is buying 15.1 per cent of Woodside’s giant Scarborough gas field off Western Australia.
- by Nick Toscano
Former digital darling Vice Media to slash jobs, shutter website
The once-swashbuckling media company geared to a younger audience plans to lay off several hundred employees and no longer publish on vice.com.
Exclusive
Commercial real estate
First look: Paddington’s arthouse Verona cinema to become $100m office block
An Oxford Street landmark in Sydney’s east, the former Palace Verona cinema, is set to be transformed into a $100 million upmarket office complex with retail and rooftop dining.
- by Carolyn Cummins
The leather-jacket-wearing CEO who just made $15 billion in a day
Jensen Huang co-founded Nvidia in 1993. Now it is the world’s hottest company, and he is on the verge of breaking into an exclusive club.
- by Vernal Galpotthawela, Jack Witzig and Ian King