Finance News Network

Latest News

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

12 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.

US jobs grow in November, bolstering expectations of Fed cut

07 Dec 2024 - The US economy added 227,000 nonfarm payrolls in November, surpassing expectations of 214,000 and rebounding from October's hurricane-impacted 36,000.

Hot Stocks: Northern Star Resources, Hazer Group, INOVIQ

06 Dec 2024 - A snapshot of the stocks on the move, featuring Northern Star Resources (ASX:NST), GQG Partners (ASX:GQG), Hazer Group (ASX:HZR), INOVIQ (ASX:IIQ) and HMC Capital (AS…

Bitcoin at $100K: Making crypto great again

06 Dec 2024 - Bitcoin has breached the $US100,000 milestone for the first time, propelled by "Trump pump" optimism surrounding the President-elect's crypto-friendly policies and a …

Dial "M" for merger: Vodafone and Three's 16.5bn pound partnership

06 Dec 2024 - The UK Competition and Markets Authority (CMA) has approved the merger of Vodafone (LSE: VOD) and Three UK, creating the country’s largest mobile operator with over 2…

Shell and Equinor to merge North Sea assets

06 Dec 2024 - Shell (LSE: SHEL) and Equinor (OSE: EQNR) have announced plans to combine their North Sea oil and gas assets into a new company, set to become one of the largest prod…

Mesoblast's Revascor gets FDA nod, but shares dip

05 Dec 2024 - The FDA has granted Regenerative Medicine Advanced Therapy designation to Mesoblast's Revascor drug.

Spartan Resources raises $220m

05 Dec 2024 - Spartan Resources (ASX:SPR) has secured $220m in funding through an institutional placement to accelerate the restart of operations at its Dalgaranga Gold Project in …

Larvotto Resources secures $30m equity raise

05 Dec 2024 - Larvotto Resources (ASX:LRV) has announced a successful $30m equity raising through the placement of 57.7 million new shares at $0.52 each.

INOVIQ completes study for breast cancer test

05 Dec 2024 - INOVIQ (ASX:IIQ) has announced progress in breast cancer diagnostics, completing a pivotal study for its "neuCA15-3" blood test.

HMC Capital (ASX:HMC) acquires Neoen's Victorian renewable portfolio for $950m

05 Dec 2024 - HMC Capital has announced the acquisition of Neoen’s Victorian renewable energy portfolio for $950m, marking a step in its move into the energy transition sector.

DroneShield (ASX:DRO) secures $8.2m European defence contract

05 Dec 2024 - DroneShield (ASX:DRO) has announced a repeat order worth $8.2m from a major European military customer.

Amazon building the world's largest supercomputer

05 Dec 2024 - Amazon Web Services (AWS) has announced plans to build what it claims will be the world's largest artificial intelligence (AI) supercomputer, powered by its proprieta…

Salesforce surges 10% on Q3 results and AI progress

04 Dec 2024 - Shares in Salesforce (NYSE: CRM) surged more than 10% in after-hours trading following the release of the company's fiscal Q3 2025 earnings report.

Alterity completes Phase 2 trial in multiple system atrophy

04 Dec 2024 - Alterity Therapeutics (ASX:ATH) has completed the Phase 2 clinical trial in multiple system atrophy for ATH434, its lead drug candidate.

Australian economy slows to 0.3% growth in September quarter

04 Dec 2024 - Australia’s economy grew by 0.3% in the September quarter 2024, marking the slowest annual growth rate since late 2020.

A Bravura performance: Upgraded FY25 guidance and dividend resumption

04 Dec 2024 - Bravura Solutions (ASX:BVS) has upgraded its financial guidance for FY25.

COSOL boosts analytics with $22m Toustone acquisition

04 Dec 2024 - COSOL (ASX:COS) has announced the acquisition of Toustone Pty Ltd, an Australian data analytics firm, for up to $22.4m

China's ban on gallium, germanium and antimony exports sparks concern

04 Dec 2024 - China has announced an export ban to the United States on critical minerals gallium, germanium, and antimony, all of which hold significant military and technological…

South Korea's martial law declaration

04 Dec 2024 - South Korean markets faced a turbulent day after President Yoon Suk Yeol unexpectedly declared martial law, citing threats to the nation’s constitutional order.

BlackRock to acquire HPS Investment Partners for US$12bn

04 Dec 2024 - BlackRock, the world’s largest asset manager, has agreed to acquire HPS Investment Partners for US$12bn in an all-stock deal, accelerating its expansion into private …

Larry Diamond steps down from Zip Co board

04 Dec 2024 - Zip Co (ASX: ZIP) announced yesterday the departure of its Co-Founder, Larry Diamond, from his role as a director and US Chairman.

Empty shelves and $50m loss: Woolworths' industrial woes

03 Dec 2024 - Woolworths Group (ASX:WOW) has reported significant disruptions to its supply chain as industrial action at four distribution centres continues.

Hazer gets $6.2m to scale clean hydrogen tech

03 Dec 2024 - Hazer Group (ASX:HZR) has been awarded $6.2m in conditional funding from the Western Australian Government. The funding is aimed at advancing Hazer's technology, and …