Forget Afterpay, NAB goes big on credit cards – The Australian Financial Review
NAB’s acquisition of Citi’s consumer business brings a bigger focus on credit cards and a big IT project. Latitude Financial…
Business
Tesla’s Bitcoin bet is back in the black—big time – Fortune
A amazing reversal flipping Tesla’s holdings from red to black just happened again.
Lower petrol prices could be on the way with new rules – 1News
But, it could take some time, according to Gull and a competition law expert.
Dr. Scott Gottlieb says the Covid delta surge may be the ‘final wave’ in U.S. – CNBC
Dr. Scott Gottlieb told CNBC on Monday the current surge in delta cases may be the ‘final wave’ of Covid infections in the U.S….
Saudi Aramco’s profits quadruple as oil giant unveils plans to increase production – The Independent
World’s largest fossil fuel producer to pump out more oil as scientists warn of ‘code red’ for humanity unless climate crisis…
Alibaba fires manager accused of sexual assault; CEO calls for change after ‘shameful’ incident – CNBC
Over the weekend, a female employee wrote a post on Alibaba’s intranet accusing her supervisor Wang Chengwen and a company client…
Business
China’s Economic Risks Build as Delta Spreads, Prices Gain – Bloomberg
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The best student bank accounts – and how to pick one – This is Money
Once again, banks are bribing students with signing-up perks in the hope that they gain a customer for life. We look beyond the…
NAB to acquire Citi’s consumer business for $1.2 billion – The Australian Financial Review
NAB buys Citi’s retail arm in preparation for an assault on the local credit card market and arch rival Commonwealth Bank.
‘We’re going in hard on this one’: ACCC sues Telstra, Optus, TPG over NBN speed claims – Sydney Morning Herald
The ACCC is taking Telstra, Optus and TPG to court, hoping to exact a large enough penalty to prevent future misleading conduct….