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The Australian
 

Good afternoon,

Country Road CEO Raju Vuppalapati will keep his job in the wake of the handling of sexual harassment and workplace bullying claims which engulfed the fashion house and saw the exits of two high-ranking male executives.

Meanwhile, after almost a century of operations P&O, the world’s largest cruise company, will shutter part of its Australian operations citing expensive berthing charges, especially in Sydney.

And Crown has named former Virgin CEO John Borghetti as new chair of the integrated resort and entertainment group.


Perry Williams
Business editor
The markets


Commentary
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My guess is that on August 26 when the industrial relations act comes into operation, companies that can’t lift prices will take action. There will be a wave of retrenchments...
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