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Unemployment rises to 3.9%, but don't focus on that number alone

14 Dec 2023 - Australian unemployment rose to an 18-month high of 3.9%, according to the latest labor force report from the Australian Bureau of Statistics on Thursday. However, fo…

Stocks of the Hour: Alkane Resources, QX Resources, Buxton Resources

14 Dec 2023 - A snapshot of the stocks on the move, featuring Alkane Resources (ASX:ALK), QX Resources Limited (ASX:QXR) and Buxton Resources (ASX:BUX).

ACCC approves Viva Energy's acquisition of OTR Group with divestiture agreement

14 Dec 2023 - In its second decision on Thursday regarding a significant acquisition, the ACCC has announced its approval of Viva Energy's proposed acquisition of the convenience s…

Apple's shares soar as Wall Street's rate cut frenzy approaches $3 trillion

14 Dec 2023 - Another $US3 trillion day for Apple as the rate cut frenzy on Wall Street pushed the iPhone maker’s shares close to a record $200.

Cauldron Energy confirms low-cost ISR uranium potential

14 Dec 2023 - Cauldron Energy (ASX:CXU) has released the results of its Scoping Study for the proposed Bennet Well Uranium operation, revealing the potential for a globally competi…

Iron ore prices fuel budget optimism

13 Dec 2023 - The way iron ore prices continue to trade above $US130 a tonne, there is every chance the 2023-24 budget will be in surplus by June 30 next year after a sharp improve…

China's economic strategies fall short

13 Dec 2023 - China's leaders have once again demonstrated their lack of clarity regarding the policies needed to steer the country's economy away from the tightening grip of defla…

Stocks of the Hour: Patrys, Leeuwin Metals, American West Metals

13 Dec 2023 - A snapshot of the stocks on the move, featuring Patrys (ASX:PAB), Leeuwin Metals (ASX:LM1) and American West Metals (ASX:AW1).

Air New Zealand trims first-half earnings forecast due to weak demand

13 Dec 2023 - Air New Zealand (ASX:AIZ) has adjusted its first-half earnings guidance due to persistent demand weakness, as softer leisure travel compounds the weaker domestic corp…

US consumer inflation slows in November

13 Dec 2023 - As expected, the improvement in US consumer inflation slowed in November, with the annual rate dipping to 3.1% from 3.2% after a 0.1% rise in the month.

Rio Tinto appoints new battery materials leader, Pilbara Minerals welcomes new chair

12 Dec 2023 - Rio Tinto has named Elias Scafidas as the new managing director of its battery materials division, effective early 2024, succeeding Marnie Finlayson, who recently con…

Australian economy softening

12 Dec 2023 - Slowly but surely, the pace of activity across the Australian economy is softening.

Stocks of the Hour: Midas Minerals, Riversgold, Lithium Australia

12 Dec 2023 - A snapshot of the stocks on the move, featuring Midas Minerals (ASX:MM1), Riversgold (ASX:RGL) and Lithium Australia (ASX:LIT).

ResMed successfully defends key patents against NYU's claims

12 Dec 2023 - ResMed (ASX:RMD) announced on Tuesday that the US Patent Trial and Appeals Board has dismissed claims filed by New York University (NYU) related to the company's pate…

Contrasting 2023 outcomes for top gold miners Newmont and Barrick

12 Dec 2023 - Newmont (ASX:NEM) is currently digesting Newcrest Mining after completing the largest-ever gold mining takeover. Decisions regarding asset retention, potential resale…

Australia's uranium dilemma

12 Dec 2023 - Australia, home to the world's largest uranium resource, finds itself at a crossroads as it grapples with the question of whether to be a lifter or a leaner in the gl…

Gold's rapid descent: From record highs to uncertain lows in a week

12 Dec 2023 - Just a week ago, gold futures were soaring at $2,150 per ounce. However, by Monday's close, they had plummeted to under $2,000, with further declines anticipated ahea…

Study shows weight regain after stopping Eli Lilly's Zepbound

12 Dec 2023 - In a significant development, new data indicates that patients who underwent treatment with Eli Lilly's groundbreaking weight loss drug, Zepbound, faced weight regain…

Costa faces earnings downgrade, Paine Schwartz eyes lower offer price

11 Dec 2023 - Judging by the earnings downgrade issued by Costa Group (ASX:CGC) yesterday, its US suitor, Paine Schwartz, might have been considering another cut to its offer price…

Looking into the Woodside and Santos merger

11 Dec 2023 - Woodside Energy (ASX:WDS) and Santos (ASX:STO) have officially confirmed media reports that both companies are engaged in preliminary discussions regarding a possible…

Macy's back on bidding block

11 Dec 2023 - According to US media reports, Arkhouse Management and Brigade Capital have recently submitted a proposal to acquire the chain for $21 per share, compared to Friday's…

Billionaire forced to raise bid for Pact

11 Dec 2023 - Even hard-nosed billionaires can yield to minority shareholders in takeover situations, as seen last Monday.

Stocks of the Hour: Grand Gulf Energy, WhiteHawk, MetalsGrove Mining

11 Dec 2023 - A snapshot of the stocks on the move, featuring Grand Gulf Energy, WhiteHawk, MetalsGrove Mining.

Chemist Warehouse to merge with Sigma Healthcare in $8.8 billion deal

11 Dec 2023 - Private-owned Chemist Warehouse is set to become an ASX 200 top company through its backward takeover of Sigma Healthcare (ASX:SIG), creating a company valued at an e…

Endeavor sets benchmark for Santos takeover

11 Dec 2023 - The possible sale of major US independent energy group Endeavor Energy Partners provides a timely yardstick for the pricing of the potential takeover of Santos by Woo…

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