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Australia

Cyclone Alfred leaves a trail of destruction but Cyclone Reinsurance Pool is bailing out major insurers like Suncorp

Since Cyclone Alfred's aftermath, Suncorp Group, the largest insurer in the Queensland, says already received more than 7,800 claims amounting to billions.

Flux team
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1
min read
· Posted on
March 12, 2025

Anthropic hits $61.5 billion valuation after its latest capital raise because AI isn't cheap... and neither is winning

Anthropic has raised another $3.5 billion USD at a post-money valuation of $61.5 billion USD.

Flux team
~
1
min read
· Posted on
March 7, 2025

Donald Trump's financial doomsday will include 5 cryptocurrencies - because apparently gold bars are so last century

Trump has announced plans to implement a strategic reserve of not just bitcoin - but 5 digital currencies.

Flux team
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1
min read
· Posted on
March 7, 2025

Freedom Furniture is back on the market... so which private equity company wants a seat at this stylish table?

Greenlit Brands is looking to sell Freedom Furniture and is currently shopping around for private equity firms specialising in retail turnarounds.

Flux team
~
1
min read
· Posted on
March 7, 2025

Tesla plans to compete with Uber in the ride-sharing market...but let's hope its drivers don't talk as much as Elon Musk

Tesla has filed for a transportation charter-party carrier permit in the US that will allow Tesla to own and operate a fleet of ride-sharing cars.

Flux team
~
1
min read
· Posted on
March 6, 2025

Mars Inc looks to sell $30 billion worth of bonds to fund its mega-acquisition... and that's a whole lot of Mars Bar sales

Mars is planning to sell up to $30 billion USD of bonds in order to fund the acquisition of Kellanova.

Flux team
~
1
min read
· Posted on
March 5, 2025
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Disclaimer: All information contained in the Flux app, www.flux.finance, www.joinflux.com, app.flux.finance and any podcast of Flux Media Pty Ltd (ABN 27 639 804 345) is for education and entertainment purposes only. It is not intended as a substitute for professional financial, legal or tax advice. While we do our best to provide accurate information on the podcast, we accept no responsibility for any inaccuracies that may be communicated.Flux does not operate under an Australian financial services licence and relies on the exemption available under section 911A(2)(eb) of the Corporations Act 2001 (Cth) and ASIC RG 36.66. Flux Technologies Pty Ltd provides general advice on credit products under our own Australian Credit Licence No. 530103. Check out our Credit Guide for more information.

All information contained in the Flux app, www.flux.finance, www.joinflux.com, app.flux.finance and any podcast of Flux Media Pty Ltd (ABN 27 639 804 345) is for education and entertainment purposes only. It is not intended as a substitute for professional financial, legal or tax advice. Flux Media Pty Ltd is the owner of the registered trade mark, 'What the Flux'. While we do our best to provide accurate information on the podcast, we accept no responsibility for any inaccuracies that may be communicated.