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Thames Water secures $1.45 billion investment to avert nationalisation

11 Jul 2023 - Thames Water investors have agreed to inject £750 million ($1.45 billion) into the company. However, the UK's largest water utility cautioned that it would require ad…

Stocks of the Hour: Altech Batteries, Sayona Mining, Si6 Metals

11 Jul 2023 - A snapshot of the stocks on the move, featuring Altech Batteries (ASX:ATC, FRA:A3Y), Sayona Mining (ASX:SYA; OTCQB:SYAXF) and Si6 Metals (ASX:SI6).

Threads: The fastest-growing app in history with over 100 million users in just five days

11 Jul 2023 - Meta's new Threads platform, a direct competitor to Twitter, has achieved a remarkable milestone by attracting more than 100 million users in less than five days sinc…

Weekly Australian Interest Rate Review - 3 July to 7 July 2023

11 Jul 2023 - The release of the US Federal Reserve's minutes from the Federal Open Market Committee (FOMC) meeting drew significant attention during the week.

Andrew "Twiggy" Forrest establishes battery hub in US

11 Jul 2023 - Mining tycoon Andrew Forrest is making strides in establishing a battery manufacturing hub in the United States, aligning with Fortescue Future Industries' strategic …

China's inflation rate falls to zero

10 Jul 2023 - China's consumer inflation rate remained at zero in June, while factory-gate prices fell further, raising concerns about deflation in the economy.

Charter Hall Retail REIT sells Brickworks Marketplace for $85m

10 Jul 2023 - The sale marks a milestone in the partnership between Charter Hall and Telstra Super, which has generated a 12% equity internal rate of return since inception.

Dreamworld owner Ardent Leisure thrills with 70% jump in full-year revenue

10 Jul 2023 - Ardent Leisure Group Limited (ASX: ALG) has provided a preliminary unaudited trading update for the financial year ending on 27 June 2023, highlighting the continued …

Stocks of the Hour: Forrestania Resources, Artemis Resources, DevEx Resources

10 Jul 2023 - A snapshot of the stocks on the move, featuring Forrestania Resources (ASX:FRS), Artemis Resources (ASX:ARV) and DevEx Resources (ASX:DEV).

Pizza Hut's new owner has big plans to topple Dominos

10 Jul 2023 - Flynn Restaurant Group is ready to increase its investment in Pizza Hut's Australian arm as it supports local CEO Phil Reed in his mission to rival market leader Domi…

Investment banks debate underwriting carbon footprint

10 Jul 2023 - Some of the world's largest investment banks have found themselves embroiled in a debate over the inclusion of their underwriting activity in net zero targets, posing…

APA, Fortescue take the lead as Alinta raises stakes in asset sale

10 Jul 2023 - Alinta Energy is now understood to be set on selling all of the West Australian assets it has on offer, rather than just 80 percent stakes, and the understanding is t…

Australia's emergence as a global green transition powerhouse

10 Jul 2023 - Australia is poised to become a key player in the global green transition. With its abundant natural resources and strategic position in the mining sector, Australia …

Stocks of the Hour: GreenTech Metals, Golden Deeps, Noble Helium

07 Jul 2023 - A snapshot of the stocks on the move, featuring GreenTech Metals, Golden Deeps and Noble Helium.

Zinc: A versatile metal powering the renewable energy movement

07 Jul 2023 - Zinc is the fourth most widely consumed base metal in the world, holding significant importance in the construction and automobiles industries.

Aurora Metals leaves $170m in debts

07 Jul 2023 - Queensland-based mining company Aurora Metals has collapsed, leaving a trail of debts totaling approximately $170 million.

Twitter rival Threads amasses 10 million users in 7 hours

07 Jul 2023 - The remarkable growth showcases the power of Meta's existing scale and distribution, along with the demand for an alternative to Twitter.

US private sector jobs more than double estimates

07 Jul 2023 - Private sector companies added a robust 497,000 jobs in June. Economists had predicted a gain of around 220,000 jobs.

Strap in: Birkenstock considers $9bn IPO

07 Jul 2023 - An IPO under consideration could value Birkenstock at a staggering $9 billion or more.

Gold expected to stay strong for remainder of 2023

07 Jul 2023 - The World Gold Council expects the yellow metal to hold firm over the rest of 2023, despite some price weakness in the past month.

UN calls for massive investment in clean energy

06 Jul 2023 - The United Nations has called for substantial investment in clean energy in developing countries, highlighting the crucial role it plays in achieving global climate g…

Lithium exports to decline as global production meets EV demand

06 Jul 2023 - The value of Australia's lithium exports is expected to decrease after reaching a record $19.5 billion last year, as global production catches up with the surging dem…

Bubs Australia focuses on growth

06 Jul 2023 - Bubs Australia (ASX:BUB) has released the findings of its Strategic Review conducted over the past two months.

Stocks of the Hour: Morella Corporation, Pacific Edge, Critical Resources

06 Jul 2023 - A snapshot of the stocks on the move, featuring Morella Corporation, Pacific Edge, Critical Resources.

Saudi Arabia and Russia dismiss discord rumours

06 Jul 2023 - In the face of speculation about tensions between Saudi Arabia and oil ally Russia, Saudi Energy Minister Prince Abdulaziz bin Salman categorically dismissed such tal…

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