Coles and Woolworths alleged to rig prices | RBA pauses the cash rate... again | Intel receives a $5B offer

What the Flux

Woolworths and Coles are in hot water after the ACCC filed a court case alleging that the supermarkets have misled consumers over products on sale.

The Reserve Bank of Australia has sat for the sixth time this year… and paused the cash rate for the sixth time.. At 4.35%.

Intel has received a $5 billion USD investment offer from Apollo Global Management just after a potential takeover offer from rival Qualcomm.

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