Coles has got a theft problem | KFC's owner sees costs zingin' | Biggest US IPO in 2023 is planned

Published: Aug. 22, 2023, 7 p.m.

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The share price of Coles\\u2019 had its biggest single-day loss since March 2020 after its full year profit dropped faster than a carton of eggs in a crowded supermarket.

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Collins Foods, owner of 40% of Australia\\u2019s KFC outlets, has had a winning year, but the big question is, will they keep their momentum with cost of living pressures rising?

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Arm, the chip designer in 99% of smartphones, is planning to IPO in the US and this could become one of Softbank\\u2019s major winners.

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