The CEO of Tesla, Elon Musk, has acquired a 9% stake in Twitter to become its largest shareholder - and as a result the company has seen its share price rocket.

AustralianSuper will jointly buy the telco infrastructure firm Axicom for $3.58B - as it seeks to cash-in on the increase in demand for mobile connectivity.

The owner of David Jones, and the Country Road Group, has denied the wave of speculation that it is planning to exit Australia.

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