Emilia Terzon
Business Reporter at ABC News (Australia)
@abcnews national biz reporter. DMs open or send me story tips [email protected]
Articles
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4 weeks ago |
abc.net.au | Emilia Terzon
Good morning!We've had more losses on Wall Street overnight, led by chip maker Nvidia which has put out a market update. The manufacturer of chips says it will take a hit of $US5.5 billion tied to exporting processing units to China and other destinations. The reaction by investors dragged down the tech-heavy Nasdaq on Wall Street.
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4 weeks ago |
abc.net.au | Emilia Terzon
Australian footwear chain Wittner is the latest local retailer to face closure, with administrators appointed to manage the 113-year-old company. Its collapse follows the closure of Jeanswest stores and chains under company Mosaic, including Katies, Rivers and Noni B. This spate of insolvencies has already led to the loss of thousands of retail jobs nationally. Wittner has 20 standalone stores nationally, and 25 stores that sit inside the floors of department stores Myer and David Jones.
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1 month ago |
abc.net.au | Emilia Terzon
Beatrice Toh was only just recently celebrating her business's launch in the United States. The Melbourne-based entrepreneur started her children's company as a young mum, when she dreamed up a reusable alternative to throwaway colouring books. The expansion of HeyDoodle to the US has been almost a year in the works, and cost time and money to configure the toy range for the American market.
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1 month ago |
abc.net.au | Stephen Letts |Stephanie Chalmers |Michael Janda |Luke Cooper |Emilia Terzon
The ASX 200 index plunged more than 6 per cent at the open before regaining some ground. But it was still the biggest one-day fall for local shares since COVID-19.
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1 month ago |
abc.net.au | Emilia Terzon
A number of Australian superannuation funds have been hit with suspected cyber attacks, with members of one fund losing at least $100,000 in retirement savings. Australian Super has been hit with 600 attempted cyber attacks in the past month, ABC News understands, with four members losing at least $100,000.
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RT @JustinWolfers: No, I'm not going to help sanewash the Trump tariffs. https://t.co/UbvapwVJZb
RT @DivesTech: Great to be on @abcnews with @EmiliaTerzon in Australia🇦🇺 discussing Big Tech stocks into 2025 and the regulatory antitrust…
RT @DaveTaylorNews: Really nice piece from @EmiliaTerzon https://t.co/bchZh5R1oR