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Schaeffler Job Cuts: 3,460 Roles Go as German Car Supplier Crisis Deepens
Schaeffler job cuts will remove 3,460 jobs in Europe and close four German plants. See the facts behind Germany’s car supplier crisis.
Bill Ackman AI Capex Call: Why He Backs the Hyperscalers
Bill Ackman AI capex view: Pershing Square says Big Tech’s $740B spending is offensive, not defensive. Key numbers inside.
Anthropic S-1 Filing Reveals $17B Q3 Revenue and $895B in Compute Deals
Anthropic S-1 filing shows $17B Q3 revenue, a $104B nine-month loss and $895B in compute deals. Here is what it means for investors.
Westpac Profit Slips 1% to $6.8B as RBA Lifts Rates
Westpac profit fell 1% to $6.8 billion in FY26 as costs, bad-loan charges and margins came under pressure. We explain the result, the 250 job cuts and the RBA rate hike to 4.85%.
Roche Share Price Dips After UBS Downgrade to Neutral
UBS cut Roche to Neutral on November 2 but raised its target to CHF 420. We explain why the Roche share price slipped to CHF 397.20, what giredestrant means and what analysts expect next.
Gold Price Today: Rebound From 1-Year Low in Swiss Francs
Gold bounced more than 2% on Monday after its lowest close in about a year. We look at the gold price in Swiss francs, why gold fell, Swiss export data, ETF flows and what UBS, Bank of America, HSBC and Goldman Sachs expect next.
WA TAB AUSTRAC Review: Money Laundering Fix Nears $11m
AUSTRAC’s two-year compliance assessment of Racing and Wagering WA has already pushed the TAB’s wagering costs up about $10.9 million in a year, mostly for anti-money laundering work. Here is what we know, how it compares with Perth Mint, Crown, Star, Tabcorp and Entain, and what it means for taxpayers and investors.
Family Trust Distribution Tax: ATO Chases Old Errors
The ATO is chasing family trust distribution tax over decades-old paperwork errors, with some families facing million-dollar bills. Here is how the 47% tax works, the June 2027 interest relief deadline, and the wider 30% trust tax fight.
Sanjeev Gupta: Creditors Chase His Fortune to Sydney
Creditors owed about $6 billion are now chasing Sanjeev Gupta’s personal fortune in Sydney. Here is what happened at Whyalla, Tahmoor and Liberty Bell Bay, and what comes next.