Good morning, Embattled steel and mining giant GFG Alliance has been pulling hundreds of millions of dollars from its Australian operations and sending the money offshore to prop up its ailing international business. Meanwhile, Rio Tinto is under pressure to ditch its dual listing on the London exchange and the ASX after an activist hedge accused the company of value-destruction in a move which coincided with the mining giant’s investor seminar in London. Building unions have warned Woolworths against trying to break a union picket line in Melbourne, vowing to send large numbers of construction workers “at a moment’s notice” to support the warehouse employees taking indefinite strike action. |