Commbank now a tech company | Coronavirus and Australian business | Victoria's Secret CEO may be down but stocks are up

In its attempt to fend off tech companies, Commonwealth Bank is the latest big Australian company to launch a new incubator for startups.The Australian business community is preparing for another wave of hits from the coronavirus as countries around the world continue close the door to Chinese tourists and the Chinese economy slows down big time.The owner and CEO of L Brands, owner of Victoria’s Secret, is in talks to step down - and as a result, the company’s share price jumped 12%.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.