Markets and investing
Reddit challenges Australia’s under-16 social media ban in High Court
Reddit’s lawyer called the law an ineffective and far-reaching restriction on political debate as the first legal challenge to the ban began.
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Markets and investing
Shoprite CEO Pay Plan Faces Opposition From Proxy Advisers
Institutional Shareholder Services and Glass Lewis are urging investors to reject a proposed incentive plan for CEO Pieter Engelbrecht, citing repeated exceptional awards alongside Shoprite’s existing programs.
Markets and investing
Citi expects Japanese, South Korean and Taiwanese investment in US to grow
Citi executive Ernesto Torres Cantu said investment by companies from the three Asian economies is likely to keep rising as businesses adjust supply chains and expand projects in the United States.
Markets and investing
Atomo Diagnostics Q1 Revenue Rises 140% to AUD 1.63 Million
Atomo Diagnostics reported higher sales from its HIV and OEM businesses, while its EBITDA loss widened and gross margin declined. The company ended the quarter with AUD 2.67 million in cash and no debt.