EDITORS' PICKS

In this week's round-up, Kohler warns that we shouldn't be getting too excited about the economic recovery, Gottliebsen examines the battle for OZ Minerals and Bartholomeusz looks at Chinalco's failed deal with Rio Tinto.

Perilous optimism
Alan Kohler
Can we escape real economic pain just by focusing on our relatively strong GDP and employment figures? Perhaps. But if we're getting this wrong, there could be some nasty surprises ahead. 

Lessons from OZ
Robert Gottliebsen
Despite the tumult of the past two weeks, the board of OZ Minerals has done a wonderful job for shareholders. And for Minmetals, it's a validation of the Chinese dealmaking approach.

The occidental tourist
Stephen Bartholomeusz
While much is being made of Rio Tinto's apparent lack of understanding of Chinese business approaches, it's obvious that Chinalco didn't fully grasp western business and shareholder democracy. 

KGB TV: Bernie Brookes
Retailing boss applauds Pacific Brands and its CEO Sue Morphet for making tough decisions to survive and says no decision will be made on Myer's IPO until at least July next year.

And the winner is...Goliath
Tony Boyd
A David and Goliath battle between an Adelaide car parts manufacturer and the Ford Motor Company in the US has ended with the smaller party in liquidation and its tools requisitioned by Ford Australia.

Not just organic growth
Isabelle Odergerg
In 30 or 40 years' time stem cells could provide patients with a full-set of organs they can tap into if they get ill, says Frank Baldino Jr, CEO of US pharma Cephalon, who adds his local takeover aspirations are far from over.

Tipping point for renewables
Giles Parkinson
The holy grail for sustainable energy companies is 'grid parity' with coal and gas generation – and Citi analysts now say parity will be reached for some renewables, in some markets, as soon as next year.

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