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Australia

Tick tick boom: Second hand Rolexes become a hot investment because of their short supply

To keep up with demand, Rolex is going to create new production facilities to churn out more luxury watches.

Flux team
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1
min read
· Posted on
February 21, 2024

Hackers break into Latitude Financial, take all the good customer data and leave all the bad loans

Latitude said that the data of over 300,000 customers were stolen in a "sophisticated and malicious cyberattack".

Flux team
~
1
min read
· Posted on
February 21, 2024

UBS acquires its arch-rival Credit Suisse after it suffered from more scandals than a Real Housewives episode

UBS had acquired Credit Suisse for just 3 billion francs.

Flux team
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2
min read
· Posted on
February 21, 2024

TikTok is stuck between a rock (USA) and a hard place (China) and it's tough to please them all

TikTok may be forced to divest from its Chinese owner Bytedance if it wants to stay in the US.

Flux team
~
1
min read
· Posted on
February 21, 2024

Saudi Aramco celebrates the largest-profit-of-all-time for a public company... but now it wants to pivot?

Saudi Aramco reported its annual profit of $161 billion... which is the largest profit of all time for a public company.

Flux team
~
1
min read
· Posted on
February 21, 2024

Xero focuses on more debits and less credits after it announces that profitability is its number one focus

Only 5 weeks after stepping into the role, Xero's new CEO has made some BIG moves.

Flux team
~
1
min read
· Posted on
February 21, 2024
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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.