Page 12 - Link Administration News Today

The Nasdaq again led Wall Street higher last night but things may be different tonight following a result release from Snap in the aftermarket. Dow up 162. (Available for non-subscribers after 10am)

Mining giant Rio Tinto (ASX: RIO) has agreed to hand over almost $1 billion in unpaid taxes in what is deemed to be one of the largest tax settlements in Australian history.

Shares flat. Tesla sells 75 per cent of bitcoin, Musk says lithium price ‘insane’. Zip assesses Quadpay impairment. ECB rates decision ahead. Follow here.

On another hot US inflation print, speculation now is the Fed may have to hike by a full 100 points this month. Dow down -208. (Available for non-subscribers after 10am)

Wall Street awaits tonight's CPI result. Dow down -192. (Available for non-subscribers after 10am)

As China reports a rise in covid cases and locks down Macau, the threat of more widespread lockdowns looms. Dow down -164. (Available for non-subscribers after 10am)

The S&P/ASX 200 Index dropped 1.1 per cent to 6602.2. EML Payments fell 24.6 per cent and Costa Group 8 per cent. Iron ore futures dropped 4.7 per cent to $US107.60.

The board of Link Administration Holdings (ASX: LNK) has again turned down a reduced offer from international cloud-based software and tech provider Dye & Durham. Editor: This story originally appeare

The Canadian firm has revised its takeover offer for the second time. Dye & Durham (D&D) has increased its takeover bid for Link Administration to $4.57 per share in base consideration after its redu

Australia’s largest domestic and international airline Qantas (ASX: QAN) is facing troubled times ahead as 1,000 of its staff prepare to potentially go on strike in the midst of failed negotiations over a 12% pay rise.