| Good afternoon, Australian investors have wiped more than $100bn off the local sharemarket in the bourse’s worst session in more than four years on fears that the US economy could be drifting towards recession. After leaving his job at Apple, Eric Laakmann sailed more than 30,000 miles on a 55-foot catamaran before finding land again and using his Silicone Valley experience to lead one of the hottest new start-ups. Woodside’s proposed $30bn LNG project in WA poses an “unacceptable risk", the state's Environmental Protection Agency has preliminary concluded on a day when the miner also announced it would buy a US ammonia company for $3.65bn as it weans from coal.
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