EDITORS' PICKS
Qantas? BA humbug
Alan Kohler
Spending time discussing a DLC between Qantas and BA is nothing but a distraction to management and a waste of money on lawyers.
Warned by volatility
Robert Gottliebsen
The obvious signal from the market is that we are headed into a downturn which will affect profits and cash flow. However, we are also getting a clear warning that the entire community will suffer.
The blizzard of OZ
Stephen Bartholomeusz
Caught in a perfect storm of tumbling commodity prices, a battered currency and unforgiving credit markets, OZ Minerals has burned through $1 billion in four months only to end up at the mercy of its bankers.
Babcock on ice
Tony Boyd
Babcock & Brown's latest deal with its bankers effectively puts the company into suspended animation while it sells assets to pay off its $3.25 billion in debts.
Two-way investment street
Q&A by Isabelle Oderberg
In the second part of a special interview feature, prominent UK Tory peer Chris Patten says sovereign wealth funds shouldn't be blocked from investing overseas, as long as the process is two-way and transparent, and argues that China's main priority now is its own decelerating economy.