Company News /
by Glenn Dyer -
2 years ago
18 Oct 2023 - Well, Lithium Power International (ASX:LPI) was right when it described as “incorrect” a Bloomberg report suggesting a 50-cent-a-share offer from Codelco, the big sta…
Company News /
by Glenn Dyer -
2 years ago
18 Oct 2023 - Shares in Credit Corp (ASX:CCP) plunged on Wednesday as the company shocked the market with news of a write-down in the carrying value of its US debt ledger business.
Company News /
by Glenn Dyer -
2 years ago
18 Oct 2023 - Glencore has announced the closure of its copper mining operations in Mount Isa by the end of 2025, resulting in the loss of approximately 1,000 jobs. However, the co…
Company News /
by Glenn Dyer -
2 years ago
18 Oct 2023 - BHP (ASX:BHP) has left its 2023-24 production guidance unchanged after making a solid start to the year in the three months to September 30.
Company News /
by Glenn Dyer -
2 years ago
18 Oct 2023 - ARN Media and its partner, private equity firm Anchorage Capital Partners, will have to navigate key regulators before finalising their $225 million non-binding takeo…
Company News /
by Glenn Dyer -
2 years ago
18 Oct 2023 - Whitehaven Coal (ASX:WHC) has halted trading in its shares until Friday as it finalises a substantial finance package to purchase BHP Mitsubishi Alliance's Daunia and…
Company News /
by Glenn Dyer -
2 years ago
18 Oct 2023 - Once again, the strength of consumer demand and buying has caught market economists and analysts off guard, resulting in a significant miss in their estimates of US r…
Company News /
by Peter Milios -
2 years ago
18 Oct 2023 - Nvidia has found itself in the crosshairs of expanded U.S. export controls on artificial intelligence (AI) semiconductor chips destined for China. This move by U.S. r…
Company News /
by Peter Milios -
2 years ago
18 Oct 2023 - Ozempic, the miracle drug initially designed to combat diabetes but now renowned for its effectiveness as a weight-loss treatment, is sending shockwaves through the A…
Company News /
by Glenn Dyer -
2 years ago
17 Oct 2023 - A nervous Reserve Bank board has its hand on the interest rate lever, ready to push the cash rate up to 4.35% at the Melbourne Cup meeting on November 7 if it feels i…
Company News /
by Glenn Dyer -
2 years ago
17 Oct 2023 - Bapcor (ASX:BAP), the auto parts retailer and wholesaler, is grappling with a challenging beginning to the 2023-24 fiscal year due to a slowdown in consumer demand, i…
Company News /
by Glenn Dyer -
2 years ago
17 Oct 2023 - Despite a surge in petrol prices, New Zealand's consumer price inflation sharply slowed in the September quarter, effectively dispelling market speculation about the …
Company News /
by Glenn Dyer -
2 years ago
17 Oct 2023 - In its first estimate for 2024, Rio Tinto (ASX:RIO) has surprised by forecasting only a marginal rise, at best, in iron ore shipments over 2023. However, Rio also sai…
Company News /
by Glenn Dyer -
2 years ago
17 Oct 2023 - Newcrest Mining's (ASX:NCM) final quarterly report as an independent company has revealed a disappointing three-month period, with gold and copper production declinin…
Company News /
by Peter Milios -
2 years ago
17 Oct 2023 - Major Wall Street banks are anticipating a significant decline in the euro, with expectations that it could reach parity with the US dollar. This forecast comes as ge…
Company News /
by Peter Milios -
2 years ago
17 Oct 2023 - In a strategic move that underscores Canada's commitment to electrifying its automotive landscape, Umicore Rechargeable Battery Materials Canada Inc. has inked a monu…
Company News /
by Glenn Dyer -
2 years ago
16 Oct 2023 - With Albemarle walking away from its $3 cash offer, Liontown Resources (ASX:LTR) had a Plan B in motion when trading resumed on Monday. It called for a halt in tradin…
Company News /
by Glenn Dyer -
2 years ago
16 Oct 2023 - Treasury Wine Estates (ASX:TWE) appears confident that it can soon resolve its wine tariff issues in the once-thriving Chinese market. As a precautionary measure, the…
Company News /
by Glenn Dyer -
2 years ago
16 Oct 2023 - Lower-than-expected claims (and consequently, payouts) stemming from cyclones in Vanuatu earlier this year have prompted Tower, the New Zealand insurer, to revise its…
Company News /
by Glenn Dyer -
2 years ago
16 Oct 2023 - Albemarle has abandoned its $3-a-share, $6 billion-plus bid for Liontown Resources (ASX:LTR), leading to an anticipated drop in Liontown's shares on Monday and puttin…
Company News /
by Glenn Dyer -
2 years ago
16 Oct 2023 - African gold miner, Resolute Mining (ASX:RSG), used the opportunity presented by a bullish three-year update released on Friday evening to downplay a reduction in gui…
Company News /
by Glenn Dyer -
2 years ago
16 Oct 2023 - Barrick Gold has received clearance to revive its Pogera gold mine in Papua New Guinea, which had been closed for three years due to a dispute with the country's gove…
Company News /
by Glenn Dyer -
2 years ago
16 Oct 2023 - Once again, China's imports of key commodities tell us a lot about the health of demand and economic activity - not very healthy, but not dead.