Also this week: Honda reports its first loss in nearly 70 years, and EBay rejects GameStop proposal.
Big tech is due to report this week, as job losses mount in the wake of the AI frenzy, and markets watch for ‘bang for buck’ in AI spend.
Brothers Josiah and Sam Bugden see opportunity for international expansion but have hard decisions to make on funding and focus.
Forsyth Barr’s Aaron Ibbotson says global markets have largely powered through on the basis that the Strait of Hormuz will reopen ‘one way or the other’, while mega tech firms cull jobs.
And Warner Bros Discovery shareholders approve US$111b takeover by rival Paramount.
In case you missed it: News bites for the week.
The Law Association says the two-year transition structure is the most pressing concern.
ABC Business Sales’ latest quarterly M&A report says demand for small businesses is outstripping supply.
And telecommunications giants Telekom and T-Mobile US are in talks about a possible merger.
Lender-actioned receiverships on the decline, however.