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Another negative week for the US oil industry

06 May 2024 - Another negative week for the US oil and gas industry, with oil rig numbers now tumbling below their level at the close of 2023.

Diary

06 May 2024 - A quiet-ish week lies ahead for some markets, with a couple of central banks meeting: the Bank of England, which meets later in the week, and the Reserve Bank here to…

Berkshire Hathaway's March earnings

06 May 2024 - Berkshire Hathaway’s March quarter earnings were overshadowed at the weekend by news of a big sale of Apple shares and a possible significant investment in Canada.

Stocks of the Hour: Chariot Corporation, Haranga Resources, Patagonia Lithium

03 May 2024 - A snapshot of the stocks on the move, featuring Chariot Corporation (ASX:CC9), Haranga Resources (ASX:HAR; FRA:65E0) and Patagonia Lithium (ASX:PL3).

Cocoa prices plunge

03 May 2024 - A storm in an Easter egg or those fears of a melting box of Valentines was overdone?

Macquarie Group's resilient performance in face of earnings slide

03 May 2024 - Macquarie Group (ASX:MQG) has kept shareholders happy with a cut to the annual dividend much smaller than the 32% slide in full-year earnings the financial giant reve…

Insights on global copper trends and challenges

03 May 2024 - The International Copper Study Group (ICSG), headquartered in Lisbon, Portugal, has updated its projections on the global balance of refined copper production and con…

The worlds biggest maker of EVs reports slowdown

03 May 2024 - BYD, the world’s biggest maker of electrified vehicles, didn’t escape the fallout from China’s EV price wars in the first quarter of 2024.

Apple's earnings better than anticipated

03 May 2024 - You know Apple’s board and management understand the trouble the company is in with investors. Why else would it, after a better-than-expected set of figures for the …

Mining, Metals and the Circular Economy Conference

02 May 2024 - "Mining, Metals and the Circular Economy" will take place alongside the International Mining and Resources Conference on 29 & 30 October at the ICC Sydney, bringing t…

Building approvals rise in March

02 May 2024 - Building approvals rose in March, but the trade account saw a larger-than-forecast fall in the size of the goods surplus for the month.

Stocks of the Hour: Krakatoa Resources, Immutep, ABx Group

02 May 2024 - A snapshot of the stocks on the move, featuring Krakatoa Resources (ASX:KTA), Immutep (ASX:IMM) and ABx Group (ASX:ABX).

Bapcor plunges 30%

02 May 2024 - The 30%-plus plunge in the Bapcor (ASX:BAP) share price after Thursday’s trading update told the story of why incoming CEO, Paul Dumbrell, recoiled and quit the gig a…

NAB reports steady results

02 May 2024 - As forecast by most analysts, it was a "steady as she goes" outcome for the National Australia Bank's (ASX:NAB) 2023-24 half-year, with shareholders to receive a smal…

Woolworths sales slows

02 May 2024 - Woolworths (ASX:WOW) fell even further behind rival Coles in the third quarter, as sales growth in it revenue and profit centre - Australian food (its supermarkets) s…

Albermarle gets hits by lithium price fall

02 May 2024 - Albemarle, the world's largest lithium producer, joined rivals in Australia and other countries in being heavily affected by the downturn in world prices for the key …

US Fed rules out rate hikes

02 May 2024 - The US Federal Reserve sent a couple of signals to investors with its decision to leave rates steady at its latest meeting this week. The central bank and Chair, Jay …

Barrick Gold tops earnings estimates for the quarter

02 May 2024 - Canadian miner Barrick Gold topped earnings estimates for the March quarter, bolstered by a rally in bullion prices during the period.

Restaurant Brands New Zealand reports sales boost despite challenges

01 May 2024 - Restaurant Brands New Zealand (ASX:RBD) withstood a slowdown in Australia and a downturn in its small Californian operation to report a 7.9% boost in sales to NZ$333 …

Challenges mount for New Zealand's National Party-led government

01 May 2024 - No easy gains are left across the Tasman for the newish conservative National Party-led government, with a sharp rise in unemployment, an unwanted pay rise offered, a…

Stocks of the Hour: Adisyn, Bastion Minerals, Anson Resources

01 May 2024 - A snapshot of the stocks on the move, featuring Adisyn Ltd (ASX:AI1), Bastion Minerals Ltd (ASX:BMO) and Anson Resources (ASX:ASN).

Woolies announces sale of over half its holdings in Endeavour Group

01 May 2024 - Ahead of its third-quarter sales update on Thursday, Woolworths (ASX:WOW) has sprung a surprise by revealing the sale of more than half of its retained holding in the…

Will European Central Bank be first major central to cut rates?

01 May 2024 - The chances rose Tuesday that the European Central Bank will be the first major central bank to cut interest rates, as early as June. This comes after euro area infla…

Amazon results much better than expected

01 May 2024 - Business media got all excited about the quarterly results from Amazon, which were much better than expected. However, the outlook was weaker than expected for anothe…

April market recap

01 May 2024 - For markets, April was like a famous quote from Charles Dickens' A Tale of Two Cities - "it was the best of times, it was the worst of times" - starting with promise,…

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