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Sydney property: AstraZeneca CEO Pascal Soriot buys $8 million Mosman house amid global vaccine rollout

Share As Australians grapple with the potentially life-saving virtues of the AstraZeneca vaccine, the international pharmaceutical giant’s chief executive has upgraded his home real estate, buying a house in Mosman for about $8 million. Pascal Soriot is now in Europe, according to a company spokeswoman, but that hasn’t stopped his wife from settling last week on a four-bedroom designer house, complete with the usual local must-haves like a cellar, home cinema and gymnasium. Pascal Soriot required no finance for the home.  Unsurprisingly, given Soriot’s $27.5 million salary, no finance was required. The architect-designed house was commissioned by property investor Phil Arnold and his wife, Michelle, after they bought the property in 2005 for $3.95 million. It was listed with Belle’s Tim Foote in May as the Arnolds plan to spend more time in Queensland.

Savage blow : Coal companies hit back over banks flight from fossil fuels

‘Savage blow’: Coal companies hit back over banks’ flight from fossil fuels We’re sorry, this service is currently unavailable. Please try again later. Dismiss By Anne Hyland May 15, 2021 Large Australian banks, superannuation funds and insurance companies are adopting a view that coal, the dirtiest fossil fuel, should eventually be retired as an energy source. Save Normal text size Very large text size The politics around coal is treacherous. In the Upper Hunter of New South Wales, a state by-election that could further weaken the ability of Premier Gladys Berejiklian to govern, has become the latest battleground over the future of coal, and the risk to thousands of workers losing their way of life.

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