November 2023

Equinox Resources (ASX:EQN), a leading diversified global resources company, has announced its latest strategic move to establish dominance in Brazil’s rare earths sector. The company has submitted strategic pegging applications for approximately 1,760 square kilometers of rare earth tenements in Bahia State, northeast Brazil. This marks a significant step forward in Equinox’s growth strategy, positioning […]

Shareholders in the fast-food group, Collins Foods (ASX:CKF), will receive an increase of half a cent in their interim dividend, bringing it to 12.5 cents per share. This comes after the operator of KFC and Taco Bell stores reported significant growth in revenue, same-store sales, and earnings for the first half of the 2023-24 financial

In a surprising turn of events, Australian retail turnover fell by 0.2% in October, contrary to the forecasted 0.2% rise. According to seasonally adjusted figures from the Australian Bureau of Statistics (ABS), Australians spent $35.76 billion in the nation’s retail outlets during October. This marked a decline from the $35.825 billion spent in September and

Retail sales in October declined by 0.2% compared to September, falling short of the expected 0.1% increase, indicating that rising borrowing costs and elevated inflation are impacting consumers’ spending. However, over the 12-month period leading up to October, sales have increased by 1.2% compared to the previous year. At noon, the S&P/ASX 200 is 0.72

The vast desert expanse of Western Australia, once renowned for its gold, nickel, and iron ore deposits, has now become the epicenter of a fierce competition among miners vying for control of lithium, a crucial raw material in the global shift towards greener energy. This year has witnessed a heated struggle for control of lithium

Global commodities giant Louis Dreyfus (LDC) is looking to acquire Namoi Cotton (ASX:NAM) with a non-binding all-cash offer of 51 cents per share, representing a substantial 41% premium over Monday’s closing price of 36 cents. Louis Dreyfus, currently the largest shareholder with a 17% stake, is also a partner in two joint ventures with Namoi.

Namoi Cotton (ASX:NAM) has received a non-binding, indicative and conditional offer (NBIO) from Louis Dreyfus Company Asia to acquire the remaining 83% of issued shares in Namoi that it does not currently own, by way of a scheme of arrangement, for a total cash consideration of $0.51 per share. The NBIO permits Namoi to pay

The Dow Jones Industrial Average fell on Monday, as traders took a breather after the major averages posted a four-week winning streak. The Dow Jones Industrial Average lost 56.68 points, or 0.16 per cent, to 35,333.47. The S&P 500 shed 0.20 per cent to 4,550.43. The Nasdaq Composite edged lower 0.07 per cent to 14,241.02.

The price of gold surged to a six-month high on Monday, driven by growing investor confidence that the US Federal Reserve has concluded its series of interest rate hikes and a weakening US dollar. Spot gold prices rose by 0.6 percent, reaching $2,014.55 per troy ounce, marking the highest level since mid-May. This surge contributed