One of Melbourne's best Texas-style barbecue joints is found in the unlikeliest of places
American$
This newcomer is smoking some of the city's best Texas-style barbecue in the unlikeliest of places – Italian food hall Il Mercato Centrale at the city's Southern Cross end. It's led by Texas native Tim Jordan and Aussie pitmaster and executive chef Nathan Zammit (both behind Armstrong Barbecue in Geelong).
While smoking is usually an open-air operation, the duo have built a smoker directly into their stall and cook brisket and pork for up to 18 hours. If you're after something quick and handheld, sandwiches (made with Martin's potato buns) are a great place to start. Choose from pulled pork, chopped Black Angus brisket or a brisket and jalapeno cheddar sausage combo.
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ABC News
32 minutes ago
- ABC News
Novo Nordisk names new CEO amid share price slump and concerns over Wegovy, Ozempic sales
Danish pharmaceutical giant Novo Nordisk, known for its weight-loss drugs Wegovy and Ozempic, has named Maziar Mike Doustdar as its new chief executive, relying on an experienced company insider to make up ground lost to market rivals. Mr Doustdar's appointment came on Tuesday after the abrupt removal in May of his predecessor Lars Fruergaard Jorgensen by Novo and the Novo Nordisk Foundation — the company's controlling shareholder. The new CEO joined Novo in 1992 and currently serves as vice-president for international operations, a role he took after leading the company's businesses first in the Middle East and then in South-East Asia, Novo said. His most urgent challenge, according to investors and analysts, is to revive Novo's performance in the United States, the largest market by far for weight-loss drugs and where they are most profitable. Novo launched its weight-loss drug Wegovy nearly two-and-a-half years before its US rival Eli Lilly's Zepbound. Zepbound prescriptions surpassed those of Wegovy this year by more than 100,000 a week. The appointment comes at a challenging time for the global pharmaceutical industry as US President Donald Trump threatens to impose tariffs on imports and calls on drug makers to lower their American prescription prices. Mr Jorgensen led Novo through a period of meteoric growth as it led the weight-loss drug boom, becoming Europe's most valuable listed company after the launch of Wegovy in 2021. At its peak in June 2024 Novo was worth as much as $US615 billion ($946.4b). Novo shares have plunged over the past 12 months, amid investor concerns about the company's experimental drug pipeline and its ability to navigate challenges in the US market, such as the threat to its sales from compounded copies of Wegovy and Lilly's Zepbound. On Tuesday, Novo cut its full-year sales and operating profit forecasts for the second time this year, sending its shares down as much as 17 per cent. "The lowered sales outlook for 2025 is driven by lower growth expectations for the second half of 2025," the company said in a statement. "This is related to lower growth expectations for Wegovy in the US obesity market, lower growth expectations for Ozempic in the US GLP-1 diabetes market, as well as lower-than-expected penetration for Wegovy in select IO (International Operations) markets." Novo now expects 2025 sales growth of between eight and 14 per cent in local currencies, down from its previous forecast range of between 13 and 21 per cent. It also lowered its operating profit growth estimate to between 10 and 16 per cent, down from 16 to 24 per cent previously. Sales rose 18 per cent year-on-year in both the second quarter and the first half of the year, Novo said. Its operating profit increased by 40 per cent in the April-June quarter and by 29 per cent in the first half, the company added. Booming sales of Wegovy catapulted Novo to become Europe's most valuable listed company in 2024, peaking at about 615 billion euros ($1.09t), but the value has since fallen by more than half. The company is scheduled to release full second-quarter earnings on August 6. Reuters
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Kalamazoo claws back gold project with prices soaring
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The Advertiser
7 hours ago
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New Maserati supercar may bring back the manual gearbox
Ferrari and Lamborghini have all dropped them, but Maserati has suggested a manual transmission could be offered in a new supercar it may co-develop with fellow Italian brand Alfa Romeo. British publication Autocar has said the new flagship supercar – Maserati's first since the Ferrari-based MC12 sold between 2004 and 2005 – could be unveiled as soon as 2026 with a manual transmission. "There are still customers looking for pure mechanical cars," Maserati engineering boss Davide Danesin told Autocar. "By doing a purely mechanical car, it does make sense to have a mechanical gearbox with a shifter. So why not? It fulfils perfectly the brand. It fulfils perfectly our approach and the mindset. So honestly, I think one day we'll do it." CarExpert can save you thousands on a new car. Click here to get a great deal. Maserati has not offered a manual gearbox in a production car since 2019, when production of the first-generation GranTurismo wound up. The current model is offered with automatic transmission only. The proposed new grand touring supercar, which would likely be a limited-edition flagship, would be co-developed with Alfa Romeo since both brands are owned by Stellantis and share the same CEO, Santo Filici. The two Italian automakers have collaborated on numerous projects in the past, with Maserati most recently supplying the chassis from its MC20 sports car to produce the 2024 Alfa Romeo 33 Stradale supercar. The 33 Stradale was a limited-run model, with only 33 units produced globally. None made it to Australia and each vehicle was priced at €3 million ($A5.33 million). When asked about a new Maserati supercar, Mr Filici told Autocar: "We have infinite possibilities to customise products for our customers, for the entire range of Maserati. I'm imagining to do something like we did in the past, also considering Alfa Romeo." This could mean using the underpinnings of the second-generation Maserati GranTurismo, introduced in 2023, which is sold in Australia only with the company's 3.0-litre twin-turbocharged V6 petrol 'Nettuno' engine, but is also available in some markets with a battery-electric powertrain. Mr Filici told the British publication the new limited-edition model would be a celebration of the Nettuno engine – which made its debut in the MC20 supercar – describing it as "a masterpiece". "We can imagine a 'few-off' Maserati. It's easy, because you can look at the past of these two brands, and you can find a nice car like the 33 Stradale, and we can invent something like this," he said. Manual transmissions have gradually disappeared from road cars – and been largely replaced by dual-clutch automatics – with Ferrari and Lamborghini not offering a traditional three-pedal production model for more than a decade. Ferrari, which last offered a manual in 2012, has suggested the old-school transmission type may make a comeback in its cars, including a project led by its 2025 Formula 1 recruit, seven-time world champion Lewis Hamilton. MORE: Everything Maserati MORE: Ferrari F44? F1 legend Lewis Hamilton wants to make a manual supercar MORE: The 10 cheapest new manual cars you can buy in Australia Content originally sourced from: Ferrari and Lamborghini have all dropped them, but Maserati has suggested a manual transmission could be offered in a new supercar it may co-develop with fellow Italian brand Alfa Romeo. British publication Autocar has said the new flagship supercar – Maserati's first since the Ferrari-based MC12 sold between 2004 and 2005 – could be unveiled as soon as 2026 with a manual transmission. "There are still customers looking for pure mechanical cars," Maserati engineering boss Davide Danesin told Autocar. "By doing a purely mechanical car, it does make sense to have a mechanical gearbox with a shifter. So why not? It fulfils perfectly the brand. It fulfils perfectly our approach and the mindset. So honestly, I think one day we'll do it." CarExpert can save you thousands on a new car. Click here to get a great deal. Maserati has not offered a manual gearbox in a production car since 2019, when production of the first-generation GranTurismo wound up. The current model is offered with automatic transmission only. The proposed new grand touring supercar, which would likely be a limited-edition flagship, would be co-developed with Alfa Romeo since both brands are owned by Stellantis and share the same CEO, Santo Filici. The two Italian automakers have collaborated on numerous projects in the past, with Maserati most recently supplying the chassis from its MC20 sports car to produce the 2024 Alfa Romeo 33 Stradale supercar. The 33 Stradale was a limited-run model, with only 33 units produced globally. None made it to Australia and each vehicle was priced at €3 million ($A5.33 million). When asked about a new Maserati supercar, Mr Filici told Autocar: "We have infinite possibilities to customise products for our customers, for the entire range of Maserati. I'm imagining to do something like we did in the past, also considering Alfa Romeo." This could mean using the underpinnings of the second-generation Maserati GranTurismo, introduced in 2023, which is sold in Australia only with the company's 3.0-litre twin-turbocharged V6 petrol 'Nettuno' engine, but is also available in some markets with a battery-electric powertrain. Mr Filici told the British publication the new limited-edition model would be a celebration of the Nettuno engine – which made its debut in the MC20 supercar – describing it as "a masterpiece". "We can imagine a 'few-off' Maserati. It's easy, because you can look at the past of these two brands, and you can find a nice car like the 33 Stradale, and we can invent something like this," he said. Manual transmissions have gradually disappeared from road cars – and been largely replaced by dual-clutch automatics – with Ferrari and Lamborghini not offering a traditional three-pedal production model for more than a decade. Ferrari, which last offered a manual in 2012, has suggested the old-school transmission type may make a comeback in its cars, including a project led by its 2025 Formula 1 recruit, seven-time world champion Lewis Hamilton. MORE: Everything Maserati MORE: Ferrari F44? F1 legend Lewis Hamilton wants to make a manual supercar MORE: The 10 cheapest new manual cars you can buy in Australia Content originally sourced from: Ferrari and Lamborghini have all dropped them, but Maserati has suggested a manual transmission could be offered in a new supercar it may co-develop with fellow Italian brand Alfa Romeo. British publication Autocar has said the new flagship supercar – Maserati's first since the Ferrari-based MC12 sold between 2004 and 2005 – could be unveiled as soon as 2026 with a manual transmission. "There are still customers looking for pure mechanical cars," Maserati engineering boss Davide Danesin told Autocar. "By doing a purely mechanical car, it does make sense to have a mechanical gearbox with a shifter. So why not? It fulfils perfectly the brand. It fulfils perfectly our approach and the mindset. So honestly, I think one day we'll do it." CarExpert can save you thousands on a new car. Click here to get a great deal. Maserati has not offered a manual gearbox in a production car since 2019, when production of the first-generation GranTurismo wound up. The current model is offered with automatic transmission only. The proposed new grand touring supercar, which would likely be a limited-edition flagship, would be co-developed with Alfa Romeo since both brands are owned by Stellantis and share the same CEO, Santo Filici. The two Italian automakers have collaborated on numerous projects in the past, with Maserati most recently supplying the chassis from its MC20 sports car to produce the 2024 Alfa Romeo 33 Stradale supercar. The 33 Stradale was a limited-run model, with only 33 units produced globally. None made it to Australia and each vehicle was priced at €3 million ($A5.33 million). When asked about a new Maserati supercar, Mr Filici told Autocar: "We have infinite possibilities to customise products for our customers, for the entire range of Maserati. I'm imagining to do something like we did in the past, also considering Alfa Romeo." This could mean using the underpinnings of the second-generation Maserati GranTurismo, introduced in 2023, which is sold in Australia only with the company's 3.0-litre twin-turbocharged V6 petrol 'Nettuno' engine, but is also available in some markets with a battery-electric powertrain. Mr Filici told the British publication the new limited-edition model would be a celebration of the Nettuno engine – which made its debut in the MC20 supercar – describing it as "a masterpiece". "We can imagine a 'few-off' Maserati. It's easy, because you can look at the past of these two brands, and you can find a nice car like the 33 Stradale, and we can invent something like this," he said. Manual transmissions have gradually disappeared from road cars – and been largely replaced by dual-clutch automatics – with Ferrari and Lamborghini not offering a traditional three-pedal production model for more than a decade. Ferrari, which last offered a manual in 2012, has suggested the old-school transmission type may make a comeback in its cars, including a project led by its 2025 Formula 1 recruit, seven-time world champion Lewis Hamilton. MORE: Everything Maserati MORE: Ferrari F44? F1 legend Lewis Hamilton wants to make a manual supercar MORE: The 10 cheapest new manual cars you can buy in Australia Content originally sourced from: Ferrari and Lamborghini have all dropped them, but Maserati has suggested a manual transmission could be offered in a new supercar it may co-develop with fellow Italian brand Alfa Romeo. British publication Autocar has said the new flagship supercar – Maserati's first since the Ferrari-based MC12 sold between 2004 and 2005 – could be unveiled as soon as 2026 with a manual transmission. "There are still customers looking for pure mechanical cars," Maserati engineering boss Davide Danesin told Autocar. "By doing a purely mechanical car, it does make sense to have a mechanical gearbox with a shifter. So why not? It fulfils perfectly the brand. It fulfils perfectly our approach and the mindset. So honestly, I think one day we'll do it." CarExpert can save you thousands on a new car. Click here to get a great deal. Maserati has not offered a manual gearbox in a production car since 2019, when production of the first-generation GranTurismo wound up. The current model is offered with automatic transmission only. The proposed new grand touring supercar, which would likely be a limited-edition flagship, would be co-developed with Alfa Romeo since both brands are owned by Stellantis and share the same CEO, Santo Filici. The two Italian automakers have collaborated on numerous projects in the past, with Maserati most recently supplying the chassis from its MC20 sports car to produce the 2024 Alfa Romeo 33 Stradale supercar. The 33 Stradale was a limited-run model, with only 33 units produced globally. None made it to Australia and each vehicle was priced at €3 million ($A5.33 million). When asked about a new Maserati supercar, Mr Filici told Autocar: "We have infinite possibilities to customise products for our customers, for the entire range of Maserati. I'm imagining to do something like we did in the past, also considering Alfa Romeo." This could mean using the underpinnings of the second-generation Maserati GranTurismo, introduced in 2023, which is sold in Australia only with the company's 3.0-litre twin-turbocharged V6 petrol 'Nettuno' engine, but is also available in some markets with a battery-electric powertrain. Mr Filici told the British publication the new limited-edition model would be a celebration of the Nettuno engine – which made its debut in the MC20 supercar – describing it as "a masterpiece". "We can imagine a 'few-off' Maserati. It's easy, because you can look at the past of these two brands, and you can find a nice car like the 33 Stradale, and we can invent something like this," he said. Manual transmissions have gradually disappeared from road cars – and been largely replaced by dual-clutch automatics – with Ferrari and Lamborghini not offering a traditional three-pedal production model for more than a decade. Ferrari, which last offered a manual in 2012, has suggested the old-school transmission type may make a comeback in its cars, including a project led by its 2025 Formula 1 recruit, seven-time world champion Lewis Hamilton. MORE: Everything Maserati MORE: Ferrari F44? F1 legend Lewis Hamilton wants to make a manual supercar MORE: The 10 cheapest new manual cars you can buy in Australia Content originally sourced from:
