Why the Qantas Global HQ is set to stay where it is

Published

3 years ago

May 7, 2021

After months of speculation that Qantas would move its renowned Global headquarters to another state in Australia the airline has officially confirmed – they’re staying in Sydney!

A review of the Qantas Property Portfolio was triggered by a $2.7 billion loss for the 2019/2020 financial year.

Those losses due to border closures and other impacts of the COVID-19 pandemic.

Qantas will keep its global headquarters in Sydney and its Jetstar hub in Melbourne after reviewing the cost of its facilities across Australia.

The move is good news for hundreds of employees who feared they may be out of a job if a move was to happen.

Warner Brothers & Discovery considers splitting up to boost stock value

Published

1 week ago

July 19, 2024

ticker NEWS

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

Money

Investors worldwide grow increasingly optimistic about Trump winning the election

Published

1 week ago

July 18, 2024

ticker NEWS

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.

Money

Netflix expands use of ads despite slow subscriber growth

Published

1 week ago

July 18, 2024

ticker NEWS

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.