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Indigenous Australians Win Record Mining Compensation
PoliticsBBCindex-hr3mo ago2 sources

Indigenous Australians Win Record Mining Compensation

Indigenous Australians have won a record A$150 million in compensation from an Australian billionaire who exploited their land for mining without permission. This landmark settlement addresses the unauthorized use of their traditional territories.

Atlassian's CEO spelled out 3 types of employees spared in his layoffs — and it's good news for graduates
BusinessFTThe GuardianBusiness Insider+5forbessydney-morning-heraldTimes of Indiaindian-expressstraits-times5mo ago8 sources

Atlassian's CEO spelled out 3 types of employees spared in his layoffs — and it's good news for graduates

Last year, Atlassian CEO Mike Cannon-Brookes said that his company would have more engineers working for it in five years than it did then. Brendan McDermid/Reuters Atlassian CEO Mike Cannon-Brookes outlined the types of employees he focused on retaining during recent cuts. On Wednesday, the software company said it was laying off 1,600 workers to help fund its AI efforts. Along with high performers and those with transferable skills, he also wants to retain graduates. For recent graduates ...

Australia's Sigma Healthcare in Talks to Acquire UK's Boots for $10 Billion
BusinessforbesThe Independentirish-independent2mo ago3 sources

Australia's Sigma Healthcare in Talks to Acquire UK's Boots for $10 Billion

Australia's Sigma Healthcare has confirmed it is in discussions regarding a potential takeover of the UK pharmacy chain Boots, with a deal reportedly valued at $10 billion. This follows earlier reports that the Weston family was also engaged in talks for a possible £7.5 billion deal.

Australian Billionaire Gina Rinehart Ordered to Pay Mining Royalties
FinanceFTThe GuardianThe Independent+6index-hrhotnewsil-sole-24-oreiefimeridan1-bihseeking-alpha4mo ago9 sources

Australian Billionaire Gina Rinehart Ordered to Pay Mining Royalties

Australian billionaire Gina Rinehart and her company, Hancock Prospecting, have been ordered by a court to pay significant mining royalties to a rival family. This ruling concludes a decade-long dispute over the Hope Downs mine.