U-turn: Ford takes $US19.5b hit, retreats from EVs
Ford is backing away from plans to manufacture large electric vehicles, citing lacklustre demand.
earnings forecast
Wesfarmers defends record profits amid cost crisis
Wesfarmers chair Michael Chaney is reclaiming the word "profit" as the parent company of Kmart and Bunnings reaps a record profit amid a cost-of-living crisis.
Compliance, Crown weigh on Star’s revenue
Star Entertainment says it faces a steep remediation bill even as revenue drops at its flagship Sydney casino.
Flight Centre sees more upside next year
Flight Centre is predicting it will make up to $90 million in the first half of 2022/23, below consensus estimates of $104m in EBITDA earnings.
Qantas confident in post-pandemic recovery
Qantas is returning to pre-COVID levels of service and Alan Joyce will remain as chief executive, the airline's chairman Richard Goyder has told shareholders.