Email

Email

View in browser

28th January 2025

SA Business Journal

Chinese app triggers $1 trillion panic: DeepSeek explained

The release of the latest DeepSeek model received limited attention but suddenly became the most downloaded free app, triggering a mass tech sell-off. See why it’s such a big deal.

EML Payments should be sold off, activist investor argues

Activist investor Jeremy Raper has written to the EML Payments board arguing that the company’s brand is beyond repair and it should kick off a sales process.

Desal cranks up in urgent bid to save Adelaide drinking water

SA’s drinking water reservoirs are at 20-year lows and farmers are struggling to feed their sheep as drought threatens the state.

Emirates puts Boeing, Airbus on notice over aircraft delays

Emirates boss Tim Clark has revealed the frustration in the airline industry over delays in aircraft deliveries, which could open the door to Chinese manufacturer COMAC.

Adelaide CBD formal wear boutique shuts doors

Another Adelaide retail store has announced its closure. But its owner is turning hard times into opportunity – and is set to embrace AI.

Markets face volatile week amid rise of DeepSeek

A big week ahead for markets is overlaid with concern about the potential impact on the tech sector of China’s DeepSeek AI model and lingering uncertainty about US trade policy.

Strong gains tipped for drug developers in 2025

There’s a grab bag of Australian-listed drug developers that should be on investors’ radars this year, analysts say, with a hefty upside potentially on the cards.

$300m Le Cornu site adds rooftop dining, popular gelateria

A cult gelato brand is among a line-up of food, health and fashion outlets that will open at the Eighty Eight O’Connell project this year. See the full list.

Tim Cooper to hand over the reins at Coopers Brewery

Tim Cooper will step back from the top job at Coopers Brewery after more than two decades, as beer sales at the nation’s last major Australian-owned brewer continue to grow.

Electric vehicle brand Polestar expands to South Australia

Swedish electric vehicle brand Polestar has set up a South Australian presence after strong demand from local buyers.