Business
CSL, mining titans weigh ASX down; Rio Q3 shipments fall 5% – The Sydney Morning Herald
The ASX 200 was subdued at Friday’s open as biotech CSL and the big miners dragged. Virus concerns and a US stimulus stalemate weighed on US stocks.
The parent company of hardware chain Bunnings has not ruled out using the government’s $4 billion JobMaker scheme after Woolworths said it would opt out of the subsidy because of the supermarket’s bumper sales.
Retail conglomerate Wesfarmers, which owns popular chains such as Bunnings, Kmart, Officeworks and Target, said it would review its potential use of the scheme. The ASX-listed $54 billion retailer has been a major beneficiary of COVID-19, with its sales jumping 10.5 per cent to $30.8 bil…
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