Lando Norris starts the Miami Grand Prix sprint race on pole position, with world championship leader Kimi Antonelli denying Oscar Piastri a spot on the front row of the grid.
Mike Ashley's Frasers Group has launched a takeover bid for Australian footwear business Accent Group, offering 65 Australian cents a share. This follows a recent near-€2bn offer for Hugo Boss, highlighting a spree of acquisitions by the British billionaire.
The administrator of the Liberty Bell Bay manganese smelter is continuing to engage with its preferred buyer consortium, providing a six-week funding commitment and a reprieve for over 200 workers. Adroit Capital had withdrawn from the consortium, raising job security fears, but ongoing talks offer hope for a sale.
The mothballed Liberty Bell Bay smelter in Tasmania has received a six-week funding commitment, allowing administrators to continue negotiations with a potential buyer consortium. Workers will retain their jobs for the interim period.
The future of the Liberty Bell Bay manganese smelter remains uncertain as administrators continue negotiations with a preferred buyer consortium. A key member withdrew, creating a funding deadline, but a recent meeting provided a temporary reprieve, allowing workers to keep their jobs for now.
Asian markets surged on news of a US-Iran ceasefire and potential reopening of the Strait of Hormuz. Woodside denied takeover rumors, while ASX admitted to misleading statements about a tech project, facing a $20.5M penalty. ANZ forecasts house price falls, and US orders Anthropic to block foreign AI access.
Two remote Western Australian islands, Koolan and Cockatoo, have been sold for multi-million dollars to be transformed into transport logistics hubs. Koolan Island, previously an iron ore mine, will become a sea and air hub for offshore industries, while Cockatoo Island will also be developed into a multi-user hub.
