Finance News Network

News by Adrian Tan

Adrian Tan

Rio Tinto commits $2.5bn to expand Rincon lithium project

14 Dec 2024 - Rio Tinto (ASX:RIO) has announced that it plans to invest $2.5bn at its Rincon lithium project in Argentina.

Big plans, big questions: DigiCo debuts with a 9% slip from $5 issue price

13 Dec 2024 - DigiCo REIT (ASX:DGT), a new real estate investment trust focused on data centres, has launched Australia's largest initial public offering in six years, raising $2bn…

Google and the "agentic era" of AI

13 Dec 2024 - Google has announced the release of Gemini 2.0, marking a step into what the company is calling the "agentic era" of AI.

Warner Bros Discovery splits streaming and cable businesses

13 Dec 2024 - Warner Bros Discovery (WBD) has announced a major restructuring that will divide its business into two distinct units: Global Linear Networks and Streaming & Studios.…

ECB and Swiss National Bank cut rates

12 Dec 2024 - The European Central Bank (ECB) and the Swiss National Bank (SNB) both reduced their key interest rates on Thursday, with the ECB making its fourth cut of 2024 while …

Downer subsidiary Spotless faces ACCC legal action

12 Dec 2024 - Downer EDI (ASX:DOW) has announced that Spotless Facility Services, a subsidiary, will defend civil proceedings initiated by the ACCC.

Vinyl Group to acquire Concrete Playground in $5m deal

12 Dec 2024 - Vinyl Group (ASX:VNL) has signed a binding Heads of Agreement to acquire Concrete Playground Pty Ltd, a digital city guide, for $5m in a deal comprising $3.5m in cash…

Surgical strike: Orthocell's Remplir breaks into Singapore early

12 Dec 2024 - Orthocell (ASX:OCC) has achieved first sales of its peripheral nerve repair product Remplir in Singapore.

Immutep reports positive data in head and neck cancer trial

12 Dec 2024 - Immutep (ASX:IMM) has announced promising new data from its Phase IIb TACTI-003 trial, presented at the ESMO Immuno-Oncology Congress 2024.

US inflation climbs to 2.7%, solidifying prospects for Fed rate cut

12 Dec 2024 - US inflation rose to an annual rate of 2.7% in November, up from 2.6% in October, according to Consumer Price Index (CPI) data released on Wednesday by the Bureau of …

Southern Cross lands NEXTDC, desalination and Sydney Metro deals

11 Dec 2024 - Southern Cross Electrical Engineering (ASX:SXE) has secured $125m in new contracts spanning data centres, a desalination plant and a Sydney transport project.

Silex gets laser-focused with US Department of Energy contract

11 Dec 2024 - Silex Systems (ASX:SLX) has announced that Global Laser Enrichment, the exclusive licensee of the company's uranium enrichment technology, has been awarded a contract…

Titomic's cold spray gets aerospace industry's warm embrace

11 Dec 2024 - Titomic (ASX:TTT) has collaborated with SAE International to create a specification for how cold spray additive manufacturing can be used in aerospace and defence.

Vulcan Energy announces $164m placement to fund Lionheart

11 Dec 2024 - Vulcan Energy (ASX:VUL) has announced a $164m institutional placement and a $20m share purchase plan (SPP) to fund key aspects of its Lionheart Project in Germany's U…

How Google's quantum chip tackled a 10 septillion-year problem

11 Dec 2024 - Shares in Alphabet (NASDAQ: GOOGL) rose more than 5% on Tuesday after the company announced the development of its new quantum computing chip, Willow.

14-year shift: China gets "moderately loose" with monetary policy

11 Dec 2024 - China's Communist Party has shifted its monetary policy stance to "moderately loose" from "prudent" for the first time since 2009.

Neuromorphic nod: BrainChip secures US$1.8m deal with US Air Force Research Laboratory

11 Dec 2024 - BrainChip (ASX:BRN) has been awarded a US$1.8m contract with the US Air Force Research Laboratory (AFRL) to develop neuromorphic radar signal processing algorithms.

Develop Global finalises $100m loan facility with Trafigura

11 Dec 2024 - Develop Global (ASX:DVP) has completed the documentation for a loan facility of approximately $100m with Trafigura, supporting the restart of its Woodlawn copper-zinc…

Perpetual warns of $488m tax hit from KKR deal

11 Dec 2024 - Perpetual (ASX:PPT) has provided an update on its proposed scheme of arrangement with KKR, revealing that tax complications could reduce shareholder cash proceeds and…

Immutep launches Phase III trial in lung cancer

12 Dec 2024 - Immutep (ASX:IMM) has announced the initiation of its TACTI-004 Phase III clinical trial, which aims to evaluate the efficacy of its lead drug candidate in treating l…

Integral Diagnostics clears ACCC hurdle for Capitol Health takeover

11 Dec 2024 - Integral Diagnostics (ASX:IDX) has secured clearance from the ACCC for its proposed acquisition of Capitol Health (ASX:CAJ).

Visioneering eyes ASX delisting

11 Dec 2024 - Visioneering Technologies (ASX:VTI) has announced plans to delist from the ASX, with a vote scheduled for 10 January 2025.

Oil markets watch Syria fall, but China steals the show

10 Dec 2024 - Oil prices have risen slightly following the ousting of Syrian President Bashar al-Assad, but the broader reaction has been muted.

Funding win for Iluka, but shares tumble

07 Dec 2024 - Iluka Resources (ASX:ILU) has announced additional funding from the Australian Government for its rare earths project. However, shares have tumbled on the back of a M…

Bhagwan makes waves with first-half guidance lift

07 Dec 2024 - Bhagwan Marine (ASX:BGL) has projected a significant rise in earnings for the first half of FY25. Shares have jumped over 25% on the back of the news.

Prior Page Next Page