Pubs baron Bruce Mathieson has taken advantage of a slump in The Star Entertainment Group’s (ASX: SGR) shares to lift his stake back up to just under 10 per cent of the casino operator.
Mathieson, and associated entities, this week acquired an extra 39.6 million shares for more than $18.4 million as the company’s shares hit a record... |
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"There is so much hype around AI. Let's just focus on some simple implementation of traditional machine learning, and you'll get so much more value. You can do that with explainability," says Xplainable founder Jamie Tuppack.
An early-stage Brisbane AI software and consultancy startup now has four paid pilots to its ... |
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IHG Hotels & Resorts has partnered with Sydney-based Felix Capital to open a new four-star hotel in Caloundra on the Sunshine Coast as part of a mixed-used development.
The proposal will deliver the second Holiday Inn & Suites for Australia and the first for a regional location.
IHG, which has 52 hotel properties across Australia, alre... |
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Whilst barely a fortnight goes by when a well-known Australian company doesn't bite the bullet to stay afloat these days, recent statistics revealed by the corporate regulator paint a grim picture of the situation with a 36 per cent spike in the number of businesses that entered voluntary administration in the nine months to 31 March this ye... |
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Defence solutions group DroneShield (ASX: DRO) is seeking to raise $75 million from investors to help fulfill a raft of new contracts for its drone-defence technology globally.
DroneShield, which this week announced a tenfold increase in revenue in the March quarter to $16.5 million, has a sales pipeline of more than $500 million comprising mor... |
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