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PeopleIn (ASX:PPE) to acquire FIP for $45m

03 Jun 2022 - PeopleIn (ASX:PPE) is set to acquire workforce solutions business FIP (Food Industry People) for an upfront consideration of $45 million.

OPEC+ eases price pressures with production bump

03 Jun 2022 - OPEC and its allies on Thursday agreed to accelerate oil production in July and August, as Saudi Arabia bowed to US pressure to cool a crude price rally that has thre…

Why lithium stocks are falling

02 Jun 2022 - Behind the numbers yesterday on the ASX and overnight was big movements in US lithium stocks as they followed the lead of their Australian peers.

Stocks of the Hour: Kogan, Mineral Resources, Wesfarmers

02 Jun 2022 - A snapshot of the stocks on the move featuring, Kogan, Mineral Resources, Wesfarmers.

Goldmans report puts fear of God into metals stocks

02 Jun 2022 - Thanks in part to a negative report from Goldman Sachs shares in lithium miners in Australia lost a lot of ground yesterday.

More rationalisation in global gold sector

02 Jun 2022 - The second multibillion-dollar takeover in the gold industry in a year will see South African miner Gold Fields buy Canada’s Yamana Gold in an all-share deal worth $U…

Gold, platinum & palladium prices consolidate

02 Jun 2022 - Sell-in-May then go away means that volumes tend to be light during this time. Add the public holidays in the US and in the UK this week, plus month end rebalancing, …

Centuria Industrial REIT (ASX:CIP) sells Eastern Creek asset at 37% premium

02 Jun 2022 - Centuria Industrial REIT (ASX:CIP) struck a deal to divest its Eastern Creek asset at a 37 per cent premium to the 31 December 2021 book value of $25.2 million.

Flights set to take-off for Biden-picked Bubs Australia (ASX:BUB)

02 Jun 2022 - Biden-picked Bubs Australia (ASX:BUB) pivots to America, offsetting China’s demand weighed down by months of Covid-19 lockdowns.

ASX (ASX:ASX) promotes Helen Lofthouse to CEO

02 Jun 2022 - ASX (ASX:ASX) has named its first female managing director and chief executive officer Helen Lofthouse to start in August after seven years of tenure with the sharema…

Santos (ASX:STO) inks new deal with Yara Pilbara Fertilisers

01 Jun 2022 - Santos (ASX:STO) signed a new agreement with Yara Pilbara Fertilisers to supply natural gas to Yara’s liquid ammonia plant on the Burrup Peninsula in Western Australi…

DUG Technology (ASX:DUG) extends banking facilities by two years

01 Jun 2022 - DUG Technology (ASX:DUG) extended its primary banking facilities with Commonwealth Bank by two years to 1 July 2024.

Stocks of the Hour: Mesoblast, Origin Energy & Greenvale Mining

01 Jun 2022 - A snapshot of the stocks on the move featuring Mesoblast (ASX:MSB), Origin Energy (ASX:ORG) & Greenvale Mining (ASX:GRV).

Woodside-BHPP marriage comes with hefty dowry

01 Jun 2022 - Woodside Energy says it has completed its merger with BHP’s oil and gas portfolio and new Woodside shares will start trading this week.

Telix Pharmaceuticals (ASX:TLX) announces leadership changes

01 Jun 2022 - Darren Smith will take over Doug Cubbin as chief financial officer of Telix Pharmaceuticals (ASX:TLX).

NAB (ASX:NAB) acquires Citi's Australian consumer business

01 Jun 2022 - National Australia Bank (ASX:NAB) has completed the acquisition of Citigroup’s Australian consumer business. The major bank says it has set up an integration team to …

May 2022 markets & commodities review

01 Jun 2022 - The ASX 200 lost 3% in May, including Tuesday’s 1% drop and yet Wall Street’s major market measures saw much smaller losses, even though it and its nervy traders were…

Surge in value of imports to limit 1Q22 GDP growth

01 Jun 2022 - Today’s March quarter national accounts and Gross Domestic Product (GDP) data will show a slowing in the pace of growth from the three months to December, principally…

Further contraction finally forces Beijing's hand

01 Jun 2022 - China’s economy again contracted in May, with manufacturing and services reports also showing activity remained in a contractionary phase, though the slump was not as…

Mallina's gold adding plenty of green to De Grey

01 Jun 2022 - De Grey Mining’s emerging Mallina gold complex in the WA Pilbara, just southeast of Port Hedland, has just seen another significant upgrade in its indicated and infer…

Oz housing market stays cool, but less cold

01 Jun 2022 - The slide in home building approvals slowed in April following the steep swings over the first three months of the year.

Stocks of the Hour: Centuria, Laybuy, eCargo

31 May 2022 - A snapshot of the stocks on the move featuring, Centuria (ASX:CNI), Laybuy (ASX:LBY), and eCargo (ASX:ECG).

Could our Aussie dollar hit 76 US cents by quarter-end? CBA thinks so.

31 May 2022 - A slowdown in service and manufacturing activity blamed on extended Covid-19 lockdowns is likely to see China’s purchasing managers index contract in May. As the figu…

India's export tax on iron ore pellets bode well for Aussie iron ore miners?

31 May 2022 - India has raised export duties from 0 to 45% of iron ore raw materials, unveiled a surprise 15% tax on exported steel products, and increased from 30% to 50% duty on …

AGL non-split may be catalyst for greater change

31 May 2022 - As a result of the abandonment of its split proposal and another review of its business, AGL Energy may end up closing its coal fired power stations and accelerating …

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