Westfield boss Frank Lowy yesterday agreed to surrender his $41,000-a-day salary in a shrewd piece of juggling.
Westfield group
Westfield holds its hand out again to investors
You can certainly rely on the Lowy family’s Westfield Holdings to do two things in the stockmarket.
Foster’s investors say cheers to beer-wine split
The decision to split Foster’s beer and wine businesses is a rare piece of good news for investors in the company, who have witnessed precious little capital growth for the best part of a decade.
Business As Usual: Business as usual: Confidence and the economy … Murdoch on nicking chips … and censorship or not … China crisis. What crisis
James Murdoch has labelled nicking potato chips the same as nicking online content, China imports and exports have jumped, the UK has been warned to slash spending and more business briefs from across the globe.
Morning Market Report: Strong day for the market, up 82
The market had a strong day today, up 82 with all sectors rising.
