Commonwealth Bank has entered into a binding agreement to sell a 10 per cent shareholding in Bank of Hangzhou (HZB) to Hangzhou Urban Construction and Investment Group and Hangzhou Communications Investment Group for $1.8 billion. […]
Zip Co has entered into a “definitive agreement” to acquire Sezzle in an all-scrip deal, and will raise $200 million via a placement and share purchase plan to drive growth on the back of the […]
The chief executive of Domino’s Pizza says food inflation is on the rise and same-store sales growth is likely to be lower this year than the group’s medium-term forecasts, but the group will steer clear of pushing […]
A surprise earnings update by Zip pointing to larger-than-expected cash losses for the half raised speculation the buy now, pay later provider will soon unveil the acquisition of Sezzle, whose stock has also been struggling. Zip said […]
NAB CEO Ross McEwan says interest rates must return to more normal levels, but it needs to happen slowly to avoid a shock to consumers. McEwan expects the Reserve Bank of Australia to lift rates […]
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