Australian billionaire Ellison to leave miner over ‘profoundly disappointing’ conduct

FirstFT: Harris calls on America to ‘turn the page’ on Trump

Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after results

World - Financial Times - 6 days ago

An excess of billionaires is destabilising politics – just as academics predicted

Politicians have always courted the wealthy, but Elon Musk and co represent a new kind of donor, and an unprecedented danger to democracy. The concept of “elite overproduction” was developed by ...

World - The Guardian - 5 days ago

Billionaires have business interests hinging on election outcome

Billionaires who have funneled tens of millions of dollars into the 2024 election or who have made key decisions affecting the race have a lot riding on the outcome. Two of the biggest names to get ...

Politics - The Hill - 5 days ago

L’Oréal sales disappoint due to weak Chinese demand

Revenue at world’s biggest beauty company grew 3.4 per cent in third quarter, when analysts expected 6 per cent

Business - Financial Times - October 22

IBM stock slips on disappointing consulting and infrastructure revenue

IBM's critical software category performed well due to Red Hat's gains, but the consulting and infrastructure segments pulled down overall results.

Business - CNBC - October 24

Dassault Systemes Cuts Guidance After Earnings Disappoint

The French software maker lowered its guidance for the year after revenue and operating profit came in shy of analyst expectations in the third quarter.

Business - The Wall Street Journal - October 24

AMD reports record revenue but Q4 forecast disappoints

Advanced Micro Devices reported record Q3 revenue of $6.8 billio, up 18%. But the shares fell due to a disappointing forecast for Q4.

Tech - VentureBeat - 6 days ago

Australian territory resumes jailing 10-year-olds

Australia has been under pressure to raise the age of criminal responsibility, in line with UN advice.

Australian teen denies murdering British mum

Emma Lovell, 41, was fatally stabbed during the break-in at her Brisbane home, a court hears.

‘Not my King’ protest row highlights Australian divisions

An Aboriginal senator's heckling of the King ignites debate about how to best address inequality in Australia.

Australian businesses complain they are ‘public enemy number one’

Labor government adopts increasingly populist position ahead of general election due in May

World - Financial Times - October 28

Huge Australian 'fiasco' ship to be mothballed in Edinburgh

Newly-built Spirit of Tasmania is too large to fit the port facilities in Tasmania, so will be stored at Port of Leith.

Woolworths Cuts Expectations for Australian Food Earnings

Australian grocer Woolworths expects fiscal first-half earnings in its key Australian food division to be below previous expectations, as customers continue to be price conscious when facing cost ...

Business - The Wall Street Journal - 6 days ago

Australian man cleared of murdering British woman during break-in

Emma Lovell was fatally stabbed after confronting two intruders in a suburb north of Brisbane in 2022.

Radiohead singer confronts Gaza protester at Australian gig

Thom Yorke hit back at the fan after he heckled the singer over death numbers in Gaza during a performance in Melborne.

PwC accused of interfering in Australian tax leaks probe

Documents reveal PwC International threatened to expel local firm if it co-operated with scandal investigation without permission

Business - Financial Times - 4 days ago

Anglo American Continues Coal Selloff With Australian Disposal

The global miner sold its interest in two steelmaking-coal mines in Australia for around $1.1 billion, advancing its coal-division selloff.

Business - The Wall Street Journal - Yesterday

US-led Minerals Security Partnership backs new rare earths project in Brazil

The coalition is the west’s answer to China’s control of minerals that are critical to the energy transition

World - Financial Times - October 22

Miners BHP, Vale Sign $32 Billion Settlement for Deadly 2015 Dam Collapse

The settlement between the two miners and the Brazilian government is the result of years of litigation after the dam collapse that killed 19 people and polluted more than 400 miles of river.

Business - The Wall Street Journal - October 25

Billionaire Tom Gores to buy 27% of the LA Chargers for $750 million

Gores is buying in at an enterprise value of $4 billion, more than a 30% discount to the team's value of $5.83 billion, according to CNBC's 2024 rankings.

Business - CNBC - October 17

Billionaire investor says market is 'very convinced' of Trump victory

Billionaire investor Stanley Druckenmiller said Wednesday that the market is “very convinced” of an election victory for former President Trump. “I must say, in the last 12 days, the market and the ...

Politics - The Hill - October 17

Battle of the billionaires: Harris deploys Mark Cuban as Elon Musk stumps for Trump

As Elon Musk steps up his work on behalf of former President Donald Trump, Kamala Harris is calling in her own billionaire, Mark Cuban.

Politics - NBC News - October 17

How Silicon Valley Billionaires Became Trump’s Biggest Donors

Elon Musk and a group of Silicon Valley allies have built a shadow campaign to put Donald Trump back in office.

Top stories - The New York Times - October 18

Meet David Hoffmann, the Florida Billionaire Buying Up Print Newspapers

David Hoffmann has already bought 5 percent of one of America’s largest newspaper companies. Now, he wants to control the whole thing.

Business - The New York Times - October 22

Another billionaire investor positions for a Trump win. He’s placing ‘inflation trades.’

Legendary investor Paul Tudor Jones said Tuesday he’s moved his portfolio in the direction of a victory by Donald Trump in the Nov. 5 presidential election, but warned of a potential reckoning over ...

Business - MarketWatch - October 23

Democrats rip Musk as billionaire takes leading role in Trump campaign

Billionaire tech magnate Elon Musk is drawing attacks from top Democrats and concern from election watchdogs as he barnstorms for former President Trump in a crucial swing state. Over the past ...

Politics - The Hill - October 25

‘Anticipatory obedience’: newspapers’ refusal to endorse shines light on billionaire owners’ motives

The Los Angeles Times and the Washington Post both declined to endorse a candidate – a sign of political media capture. When two American billionaires blocked the newspapers they own from endorsing ...

World - The Guardian - October 26

Battle of the billionaires: the mega rich spending to swing the US election

A small number of big spenders are having an outsize effect on fundraising in the 2024 presidential vote

World - Financial Times - October 27

Who is Bidzina Ivanishvili, the shadowy billionaire behind Georgia’s pivot to Russia?

Country’s wealthiest and most influential figure has guided shift away from the west while cultivating an air of mystery. In the winding streets of ancient Tbilisi, one is ever under his watchful ...

World - The Guardian - October 27

The Washington Post is a reminder of the dangers of billionaire ownership | Siva Vaidhyanathan

In blocking the newspaper from endorsing Kamala Harris, Jeff Bezos is not acting cowardly so much as slyly. Last week the Washington Post refrained from endorsing a candidate in the presidential ...

World - The Guardian - 6 days ago

Steve Ballmer: the tech billionaire asking if voters want ‘just the facts’

Former Microsoft boss seeks to build better democracy with data

World - Financial Times - 3 days ago

Revealed: billionaires are ‘ultimate beneficiaries’ linked to €3bn of EU farming subsidies

Thousands of small farms have closed according to analysis of official but opaque data from EU member states. ‘We didn’t realise how hard it is’: small farmers in Europe struggle to get by The ...

World - The Guardian - 2 days ago

Harris and Trump are tied in the polls – so I conducted my own less traditional research | Arwa Mahdawi

The latest survey shows the presidential candidates are neck and neck. But a trip around my neighbourhood suggests good news for Harris and possibly for giant meteors. Polls! What are they good ...

World - The Guardian - October 15

Cowboys injured DE Sam Williams suspended three games for violating NFL's personal conduct policy

Williams, who is out for the season, will miss three game checks

Sports - CBS Sports - October 28

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