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Qantas announces Vanessa Hudson as new CEO

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The current Chief Financial Officer will take over from Alan Joyce in November

Vanessa Hudson is taking over as boss of Australia’s national carrier later this year.

Hudson joined Qantas in 1994 and has since climbed her way to the top.

She’s worked across commercial, customer and finance roles across the Group in Australia and overseas.

She comes to the role after a four year stint as Chief Financial Officer.

In this role, she saw the airline weather the storm that was the pandemic.

As for Joyce he plans to see out the next six months before his retirement.

He says a number of candidates were considered for the role both internally and externally.

He’s been in the role for 15 years where he has overseen the creation of Jetstar and innovations like Project Sunrise.

But Qantas has also been in the headlines for the wrong reasons too.

Of course, the airline had to lay off thousands of staff during the height of the pandemic.

There’s also been disputes with unions and of course the rising cost of air travel.

It’s a big job, so they’re big shoes to fill. #trending #featured

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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