CSL share price plummets amid shareholder revolt over executive pay plans

The Australian biotech company CSL has been delivered a “second strike” by shareholders over its executive pay plans, but has survived a push to spill its board.Amid frustration over its depressed share price, which fell even further on Tuesday, the blood plasma therapy firm saw more than 40% of votes cast against its executive pay plans at its annual general meeting in Melbourne on Tuesday.The result was well above the 25% threshold required to trigger a “strike”, the company’s second in a row.Despite hitting the two-strikes trigger – which opened the door for a board spill resolution – shareholders voted overwhelmingly against removing the board of the former commonwealth entity –.“We passed that hurdle,” said the CSL chair, Brian McNamee, in reaction to the spill vote

RBA governor dismisses jobs fears but hints at rates hold after inflation uptick

The Reserve Bank governor has dismissed warnings of rising unemployment and hinted at an interest rate hold, saying the labour market will not “fall off a cliff”.Michele Bullock said the RBA had been surprised by September’s jump in joblessness and an uptick in inflation but emphasised job creation was slowing broadly as the RBA expected.“There are still jobs being created, just not as many,” Bullock said on Monday night.“We’d always thought [unemployment] would drift up a bit. Maybe it’s drifted up a bit further than we thought, but it’s not a huge amount yet

Ultra-HD televisions not noticeably better for typical viewer, scientists say

Many modern living rooms are now dominated by a huge television, but researchers say there might be little point in plumping for an ultra-high-definition model.Scientists at the University of Cambridge and Meta, the company that owns Facebook, have found that for an average-sized living room a 4K or 8K screen offers no noticeable benefit over a similarly sized 2K screen of the sort often used in computer monitors and laptops. In other words, there is no tangible difference when it comes to how sharp an image appears to our eyes.“At a certain viewing distance, it doesn’t matter how many pixels you add. It’s just, I suppose, wasteful because your eye can’t really detect it,” said Dr Maliha Ashraf, the first author of the study from the University of Cambridge

Apple Watch Ultra 3 review: the biggest and best smartwatch for an iPhone

The biggest, baddest and boldest Apple Watch is back for its third generation, adding a bigger screen, longer battery life and satellite messaging for when lost in the wilderness.The Guardian’s journalism is independent. We will earn a commission if you buy something through an affiliate link. Learn more.The Ultra 3 is Apple’s answer to adventure watches such as Garmin’s Fenix 8 Pro while being a full smartwatch for the iPhone with all the trimmings

F1 title run-in: who will win the drivers’ championship in three-way tussle? | Giles Richards

Ordinarily at this point in the Formula One season, form has been settled. This year, with four meetings remaining, the title run-in reaches its decisive phase with a three-way fight between the McLarens of Lando Norris and Oscar Piastri and the Red Bull of Max Verstappen. Divining the outcome is a decidedly tricky affair.As recently as the Dutch GP in August it appeared a two-way battle between the McLaren drivers would decide it. However, with Red Bull managing to apply upgrades that have unlocked the performance of the RB21, the equation is far more complex

George Ford in line to beat Fin Smith for England fly-half berth against Australia

George Ford is likely to start at fly-half when England begin their autumn internationals campaign against Australia at Twickenham on Saturday.The Sale Sharks No 10 enjoyed an outstanding summer tour with Steve Borthwick’s side, helping to orchestrate two victories against Argentina and one against the USA, and appears to have stated a strong case for selection.Fin Smith, whose Northampton side top the Prem table after five rounds, became established as the first-choice fly-half during the Six Nations this year before embarking on the British & Irish Lions tour of Australia.However, along with his playing ability, the 32-year-old Ford’s tactical expertise is highly valued in the England camp, and if he starts on Saturday it could indicate Borthwick regards him as first-choice for the Rugby World Cup in 2027.The 23-year-old Smith and the first-choice scrum-half Alex Mitchell play together for Northampton but Ford, who has 102 England caps, brings a different set of skills with his perceptive tactical kicking and threat of drop-goals