PM defends Red Sea moves; MUA backs down; Howard Marks’ market doubts

News Snapshot:

Maritime union backs down from most damaging port work bans ACTU secretary Sally McManus rounded on calls from Opposition Leader Peter Dutton to intervene, saying he was backing the “sheikhs and sultans of Dubai”. Andrew Forrest insider joins Gina Rinehart-backed lithium play Former Fortescue finance guru Felicity Gooding is tasked with finding funding for a Rinehart-backed $2.3 billion project in Europe. Private debt behemoths back Whitehaven’s $6.3b coal buy The miner received commitments from private credit giants Ares Management and Canyon Partners as well as Farallon Capital Management for the $US900 million deal. Around the world Billionaire urges Taiwan to...