Latest Enterprise It News

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Insurance Australia Group (IAG) reported a robust 51.3% increase in net profit after tax for FY25, driven by premium growth, operational efficiencies, and favourable natural peril experience. The company also announced strategic alliances with RACQ and RAC, poised to significantly expand its market footprint.
Victor Sage
Victor Sage
13 Aug 2025
Insurance Australia Group Limited (IAG) reported a 51.3% rise in net profit after tax for FY25, supported by premium growth, improved margins, and key strategic alliances. The company also advanced its sustainability agenda with full renewable energy procurement and emissions reductions.
Claire Turing
Claire Turing
13 Aug 2025
The Star Entertainment Group has executed binding agreements to exit its 50% stake in the Destination Brisbane Consortium, while consolidating full ownership of key Gold Coast hotels. The transaction unfolds in two stages, reshaping the company’s asset portfolio and financial commitments.
Victor Sage
Victor Sage
12 Aug 2025
NoviqTech unveils advanced quantum-powered platforms to enhance emissions tracking and sustainability reporting across multiple industries, targeting booming carbon and recycling markets.
Sophie Babbage
Sophie Babbage
12 Aug 2025
Spark New Zealand is selling 75% of its data centre business to Pacific Equity Partners for up to $705 million, aiming to accelerate capacity expansion amid rising cloud and AI demand.
Sophie Babbage
Sophie Babbage
12 Aug 2025
Tuas Limited, through its subsidiary Simba Telecom, has announced a transformative acquisition of M1 Limited’s non-ICT businesses for S$1.43 billion, accompanied by a substantial equity raising and debt financing plan.
Sophie Babbage
Sophie Babbage
11 Aug 2025
Tuas Limited is poised to reshape Singapore’s telecom landscape by acquiring M1 Limited for S$1.43 billion, backed by a substantial equity raise and bank debt financing. The deal promises enhanced network capabilities and operational synergies, pending regulatory approval.
Sophie Babbage
Sophie Babbage
11 Aug 2025
Cash Converters has expanded its Australian footprint by acquiring 14 franchise stores across key states, reinforcing its strategy to grow earnings and consumer lending.
Claire Turing
Claire Turing
11 Aug 2025
QBE Insurance Group reported a robust half-year performance with a 28% rise in adjusted net profit and solid premium growth, underpinning a confident outlook for 2025.
Victor Sage
Victor Sage
8 Aug 2025
Prophecy International and Complexica announce a strategic merger to form MergeCo, an ASX-listed AI pure play with enhanced scale, product synergies, and growth potential.
Sophie Babbage
Sophie Babbage
7 Aug 2025
Prophecy International Holdings has agreed to acquire Complexica in a transformative merger, creating Complexica Group Limited, an ASX-listed AI pure play software company with enhanced scale and growth potential.
Sophie Babbage
Sophie Babbage
7 Aug 2025
RooLife Group has secured a two-year supply agreement with Eternal Asia, granting access to over one million retail outlets across China and potential annual orders worth up to AUD 110 million.
Victor Sage
Victor Sage
6 Aug 2025