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Xi Jinping’s focus, when not dominated 90 per cent by domestic concerns, is mostly about challenging Washington.

China’s $217 billion attempt to stimulate a sluggish economy

China has announced spending that will make its budget deficit the largest in 30 years. It’s the biggest attempt yet to lift a weak growth rate that is threatening Xi Jinping’s long-term ambitions.

  • by Stephen Bartholomeusz
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Companies

Coles is preparing for Australians to celebrate Christmas at home.

Prosecco over champagne, mince over steak: Coles shoppers trade down, down

Australia’s second-largest supermarket chain is readying for a Christmas spent at home – but its first-quarter results have undershot expectations.

  • by Jessica Yun
It’s been a good quarter for Meta chief Mark Zuckerberg.

Facebook parent Meta posts bumper result, but outlook is ‘uncertain’

The owner of Facebook, Instagram and WhatsApp unveiled its strongest growth in two years, but warned the economic outlook may hurt its sales.

  • by James Titcomb
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Opinion & Perspectives

China’s $217 billion attempt to stimulate a sluggish economy

China has announced spending that will make its budget deficit the largest in 30 years. It’s the biggest attempt yet to lift a weak growth rate that is threatening Xi Jinping’s long-term ambitions.

Stephen Bartholomeusz
Stephen Bartholomeusz

Senior business columnist

Continuous explosions: Magellan chief executive exits with a bang

It is paradoxical that Andrew Formica says the key to stemming the outflow of funds across Magellan’s products is to have “less noise” when the shock departure of the chief executive screams chaos.

Elizabeth Knight
Elizabeth Knight

Business columnist

China’s slowdown and the looming glut of fossil fuels

The International Energy Agency predicts peak demand for oil, gas and coal within this decade. It would be grim news for major fossil fuel exporters like Australia.

Stephen Bartholomeusz
Stephen Bartholomeusz

Senior business columnist

Banking & finance

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Entrepreneurship

Mark Wahlberg and F45 co-founder Adam Gilchrist have been targeted by a shareholder class action while Greg Norman (in the background) is also suing the company.

F45 on its knees after $US370m loss; celebrities seek damages

The Mark Wahlberg-backed fitness franchise F45 is hanging by a thread after restated financial accounts reported a $US370 million loss over the last two financial years.

  • by Colin Kruger
The Boathouse Group’s new chief executive and co-owner Antony Jones brings more than a decade of experience at Merivale.

Inside ex-Merivale exec’s plans to revamp Sydney dining empire Boathouse Group

Antony Jones is putting more than a decade of experience at Merivale to good use as he leaves no stone unturned to expand the once-collapsed portfolio of seaside cafes.

  • by Jessica Yun

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