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Capital Brief

@capitalbrief

Intelligence for the new Australian economy.

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linkhttp://www.capitalbrief.com calendar_today02-06-2023 08:35:34

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Optus is shaking up its executive team with NBN Co’s Felicity Ross and Airtel Africa’s Anthony Shiner joining the company in the coming months. The appointments follow the departure of managing director of customer solutions Matt Williams. capitalbrief.com/article/optus-…

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The top stories in today's Standup newsletter:   - US core inflation uptick caps larger rate cut bets - Labor to introduce privacy and misinformation bills - Nvidia's Huang says "emotional" client demand is sparking tensions Read our round-up here 👇 capitalbrief.com/newsletter/us-…

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The Australian sharemarket is set to open higher after overnight gains on Wall Street, where inflation data reinforced expectations for gradual interest rate cuts capitalbrief.com/briefing/austr…

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The securities regulator is facing a surge in reports of dodgy market behaviour, raising questions on what it pursues and eventually prosecutes. The number of suspicious activity reports has been rising each year, with 2024 on track to set a new record. capitalbrief.com/article/asic-g…

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BREAKING: Nine Entertainment CEO Mike Sneesby will step down from the media group at the end of the month capitalbrief.com/briefing/nine-…

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OpenAI is in talks to raise $9.7 billion from investors at a pre-investment valuation of $225 billion, Bloomberg reported capitalbrief.com/briefing/opena…

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Star Entertainment Group says it is not yet in a position to finalise accounts for the 2024 financial year as talks continue with advisers, lenders and state governments regarding its financial position capitalbrief.com/briefing/star-…

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Construction materials supplier Brickworks has flagged hefty writedowns in its Austral Masonry and North American businesses ahead of full-year results later this month capitalbrief.com/briefing/brick…

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Gold explorer Resolute Mining has reported an increase to the mineral resource estimate at its satellite deposit Tomboronkoto, which could extend the life of its Mako mine in Senegal capitalbrief.com/briefing/resol…

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Morgan Stanley analysts have slashed their price target on shares in Johns Lyng Group after the building services provider last month missed its revenue guidance capitalbrief.com/briefing/morga…

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SCOOP: Global cybersecurity company Fortinet, which says it helps secure Australia's "most critical infrastructure", has experienced a breach in its network, affecting the data of customers across its Asia-Pacific arm capitalbrief.com/article/data-b…

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Uranium miners surged at market open on the ASX as Russian President Vladimir Putin asked his government to consider limits on exports of commodities such as uranium, titanium and nickel in retaliation to western sanctions capitalbrief.com/briefing/urani…

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Political attack advertisements could fall foul of new misinformation and disinformation laws after the Albanese government removed exemptions for content from government and political parties in the bill capitalbrief.com/briefing/polit…

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Lithium stocks extended gains on the ASX, boosted by reported output cuts by Chinese battery giant Contemporary Amperex Technology Co capitalbrief.com/briefing/lithi…

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Shares in Mineral Resources rocketed for a second consecutive day as analysts remained positive on the miner's outlook following a management call capitalbrief.com/briefing/miner…

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Teal independent Kylea Tink has refused to rule out a tilt at Coalition frontbencher Paul Fletcher, after her North Sydney seat was formally abolished capitalbrief.com/briefing/teal-…

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Woodside Energy has shut-in production at its Shenzi offshore production platform in the US Gulf of Mexico due to an onshore refinery losing power capitalbrief.com/briefing/woods…

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Mike Sneesby’s sudden exit from Nine Entertainment has triggered speculation about both the circumstances of his departure and who will ultimately replace him as CEO capitalbrief.com/article/cultur…

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In today's Edition newsletter - Snexit: Nine CEO Mike Sneesby splits - Data breach hits $90b cyber giant Fortinet - ASIC grapples with surge in market misconduct reports - Could the RBA do a rates U-turn? capitalbrief.com/newsletter/nin…