Tag Archive for business

Hawaiian Airlines Unveils $600 Million Investment Plan

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Hawaiian Airlines, a part of Alaska Airlines, has  unveiled an investment plan of more than $600 million over five years to comprehensively enhance the experience for guests traveling to, from and within the islands by modernizing airport spaces, upgrading technology and retrofitting aircraft interiors, while expanding  community and sustainability work across Hawai’i. Hawaiian Airlines’ Kahuʻewai…

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Paramount Skydance Amends Warner Brothers Discovery Offer

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Paramount Skydance Corporation PSKY “Paramount” has amended its $30 per share all-cash offer for Warner Bros. Discovery, Inc. (“WBD”), to address WBD’s stated concerns regarding Paramount’s superior offer.  Paramount continues to offer to purchase, for $30 per share in cash, 100% of the outstanding shares of WBD, and therefore will assume all assets and liabilities…

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Meridian Energy & Nova Energy Solar Farm Joint Venture

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Meridian Energy Limited (Meridian) and Nova Energy Limited (Nova) have completed agreements to establish a 50-50 joint venture to build and operate the 400MW Te Rahui solar farm at Rangitāiki near Taupō. The joint venture has also secured $300 million in project financing through ANZ for the first 200MW phase of the project. Project offtake…

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ACT to Phase Out More Single-Use Plastic

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The ACT Government is seeking written submissions from businesses, industry and the community on the proposed phase-out of more single-use plastic items. “We have taken a progressive approach to phasing out single-use plastics and have received widespread community and business support. Now we are seeking input on the next stage of the process as we…

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Variety Australia Launches

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The Brag Media, which reaches over 33% of the Australian population each month across its digital and print properties, has entered into a further licensing agreement with Variety’s parent company, Penske Media Corporation, to launch Variety Australia. Variety Australia launches online today, featuring original and syndicated content most relevant to local audiences. A print edition…

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Jason Reitman and Gil Kenan Sign Producing Deal with Sony Pictures

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Sony Pictures Entertainment (SPE) have announced that Jason Reitman and Gil Kenan, Ghostbusters: Afterlife co-writing partners and Academy Award® nominees, have signed an overall producing deal with SPE. Ghostbusters: Afterlife, the sequel to the 1984 iconic film, is directed and co-written by Jason Reitman, and executive produced and co-written by Gil Kenan. Opening at #1…

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Australia Post’s Commitment to Shipping Perishable Goods across Australia

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Australia Post has announced its long-term commitment to shipping perishable goods across Australia, as it continues to support small businesses who are experiencing a boom in demand. Acting Group CEO and Managing Director Rodney Boys said today’s announcement provides certainty to many businesses who rely heavily on Australia Post to ship their produce to customers.…

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Foxtel and AUSTAR set to Merge

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It has been announced that Foxtel and Austar will merge to form a national subscription television service. The merger is subject to decision by ACCC, and pending approval by the Federal Court of the shareholder vote. “The new national FOXTEL will be one of Australia’s most progressive and dynamic media companies, it will directly employ…

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