Nine Loses CFO After Family Death

Two Swedes Jailed for Bombing Danish Tax Office

COPENHAGEN—A Copenhagen court on Thursday found two Swedes guilty of bombing the Danish tax agency and sentenced them to five and four years’ jail respectively. Zacharias Tamer Hamzi, 24, and Nurettin Nuray Syuleyman, 23, were convicted of transporting a bomb via the Oresund Bridge, known from the TV crime series “The Bridge”, and detonating the device in August 2019. The explosion in Copenhagen shattered glass doors and windows and scorched metal cladding at the main entrance of the building in Nordhavn, just north of the city center. One person was slightly wounded. The motive for the bombing remained unclear, but the court dismissed terrorism charges. The prosecutor had sought lifetime sentences for the childhood friends, neither of whom had been convicted of a serious crime before. “I’m pleased that my…

The Nine Network has lost its chief financial officer, Paul Koppelman, who resigned following the death of a family member.

The broadcaster told the stock exchange his resignation was effective immediately and group financial controller Graeme Cassells would act in the role.

Koppelman was due to present Nine’s full-year results on August 27 with chief executive Hugh Marks.

Nine said preparations for these results were well progressed.

Nine expects earnings before interest, tax, depreciation and amortisation to be in the range of $390 million to $410 million.

In March, Nine withdrew its profit guidance as the advertising market declined amid the coronavirus pandemic.

The broadcaster has since slashed costs and offloaded its interest in Australian Associated Press and New Zealand publisher Stuff.

Steven Deare in Sydney

Focus News: Nine Loses CFO After Family Death

US Treasury Chief Supports More Direct Payments in Next Coronavirus Aid Bill

WASHINGTON—U.S. Treasury Secretary Steven Mnuchin said on Thursday that he supports another round of direct payments to individuals as part of the next coronavirus legislation and is working to get it passed by Congress by the end of July. Mnuchin also told CNBC in an interview that not all of the airlines that signed Treasury loan agreements will need to access those loans, as they may be able to meet their financing needs in private financial markets. Despite United Airlines’ decision on Wednesday to notify 36,000 employees of potential furloughs, Mnuchin said he believed most airlines wanted to keep as many staff as possible, and healthy airlines were needed to aid the U.S. economic recovery. Regarding the future of the $660 billion Paycheck Protection Program, Mnuchin said any extension of…