What the FluxWhat the Flux

CommSec's trading profits boom | Rex Airlines has a new US buyer | Gucci-owner sells beauty biz to L’Oréal

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CommSec, CommBank’s trading platform, has seen its profits jump 36% as Aussies try to get their hands into volatile stock markets.

Rex Airlines, aka Regional Express, has found a buyer in US aviation company after 15 months in administration.

Gucci’s parent company Kering has sold its beauty business to L’Oréal for €4 billion to cut debt and refocus on fashion.

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