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10 February 2018 3:33 AM Investment gamble pays off as Matt Campbell lands Porsche Le Mans deal

Australia's Matt Campbell is set to follow in Mark Webber's footsteps, taking on the World Endurance Championship and 24 Hours of Le Mans with Porsche. The newly minted Porsche junior started life as a factory-backed racing driver by outgunning highly-fancied racers in identical 911 GT3 R machinery in qualifying for the Bathurst 12 Hour last week where 7

8 February 2018 12:25 AM Markets Live: ASX follows US into the red

Tesla said on Wednesday it was sticking with Chief Executive Elon Musk's revised production targets for its Model 3 electric sedan, but posted its worst-ever quarterly loss, and warned that spending would increase slightly this year. Shares of the Palo Alto, California-based company were barely changed in extended trading. Money-losing Tesla's long-term 62

7 February 2018 6:44 AM Commodity boom fuels Rio Tinto's $5.3 billion shareholder bonanza

Rio Tinto has reported a thumping $US8.63 billion ($A10.96 billion) underlying profit for 2017, declared a record final dividend and unveiled an additional $US1 billion buyback as part of a bonanza result for shareholders. Riding a wave of strong commodity prices for its products and continued strong demand from international buyers, Rio’s underlying 14

6 February 2018 1:59 AM Lululemon CEO Laurent Pontdevin steps down for unspecified misconduct

Lululemon Athletica chief executive Laurent Potdevin abruptly resigned from the yogawear seller in the wake of unspecified misconduct, leaving a leadership vacuum and a swirl of controversy in its C-suite. The 50-year-old also will resign from the board, Lululemon said, citing behavior that didn't live up to its standards. The board, led by executive 13

31 January 2018 11:54 PM Markets Live: ASX rallies for second day

Australian shares are poised to slip as Wall Street turned whipsawed after the Fed signalled a potential March rate hike. ASX futures were down 3 points. The US Federal Reserve kept interest rates unchanged but said it anticipated inflation would rise this year, in a sign it is still on track to raise borrowing costs again in March under incoming central 28

23 January 2018 1:38 PM Mixed messages over loss of Domain chief Antony Catalano

Agents and analysts have backed Domain Group to rally back from the surprise departure of chief executive Antony Catalano as investors piled back into the stock on Tuesday. The online real estate listings portal's shares fell from $3.32 on Friday to an all-time low of $2.77 on Monday after Mr Catalano announced he would resign citing family reasons 8

21 January 2018 11:32 PM Markets Live: Domain shares dumped after CEO exit

Wall Street rose on Friday, led by gains in consumer stocks. The S&P 500 and the Nasdaq hit record closing highs,while the Dow ended the day higher. The Dow Jones Industrial Average rose 53.91 points, or 0.21 per cent, to close at 26,071.72, the S&P 500 gained 12.27 points, or 0.44 per cent, to 2810.3 and the Nasdaq Composite added 40.33 points, or 0.55 per cent, to 7336.38. For the week, the Dow rose 1.04 per cent, the S&P 500 added 83

19 January 2018 4:20 AM When Chris met Felix: Sydney Festival's unlikely fusion of beatbox and classical

When Joel Turner first auditioned for Australian Idol with oversized trackpants and impossible rhythms created using only his voicebox, he didn't know that a young Chris Gale was watching. Or that 14 years later, Gale would be standing in his very own audition room - except it wasn't for Mark Holden. He was beatboxing in front of Felix Cross, the man behind 8

16 January 2018 4:10 AM Markets Live: Bellamy's surges in weak ASX

Afterpay Touch shares have hit a record high after the-buy-now-pay later service revealed its underlying annual sales are on track to reach more than $2 billion and a possible move into the US market. In the three months to December 31, underlying quarterly sales hit $551 million, up from $367 million the previous quarter, while sales for the first half of the current 35

15 January 2018 1:45 AM Vocus Group announces restructure

Vocus Group has divided the enterprise and wholesale divisions of its Australian business into separate operating segments, in a bid to restore shareholder value. Australia's fourth-largest telco says its structure will now comprise four reportable segments: Enterprise and Government; Wholesale and International; Consumer; and New Zealand, allowing senior 11