October 17, 2024

Atlas Arteria (ASX:ALX) reported solid financial results for Q3 2024, with toll revenue increasing by 5.0% compared to the prior year. This growth was supported by a 0.6% rise in weighted average traffic across the company’s portfolio. The robust traffic performance was attributed in part to the Paris Summer Olympics, which boosted traffic in August, […]

Australian Finance Group (ASX:AFG) has reported solid performance despite facing pressures from a competitive mortgage market in FY24. Revenue for the year reached $1.07 billion, reflecting a 7.2% growth from the prior year. However, the group’s net profit after tax (NPAT) fell to $29.0 million, down 22% year-on-year, primarily due to tighter margins in its

RPMGlobal (ASX:RUL) has reported a significant increase in its market capitalisation and strong financial performance, capping off a successful FY24. The company, which provides software and advisory services to the mining sector, saw its market cap more than double to $660 million, a 105% rise from the previous year. This growth was largely driven by

Aerometrex (ASX:AMX) has secured a significant new LiDAR contract worth approximately $0.85 million with Australian AgTech company Agronomeye. The contract will see Aerometrex provide high-resolution LiDAR data to support the development of landscape models and carbon farming projects. This collaboration aims to enhance sustainable land management practices by integrating Aerometrex’s LiDAR data into Agronomeye’s AgTwin™

Retail sales in the United States rose by 0.4% in September 2024, surpassing market expectations of 0.3%. This marks a steady increase from August’s 0.1% gain, as reported by the US Census Bureau. The retail sector’s growth underscores resilient consumer spending, despite ongoing inflationary pressures. Non-store retailers, which include e-commerce platforms, saw a robust 7.1%

The US economy added 254,000 jobs in September 2024, significantly exceeding the 140,000 forecast by economists. This marks a robust rebound in the labour market following slower growth in previous months. The unemployment rate remained relatively stable, edging down to 4.1% from 4.2%. Private sector hiring was a major driver of this increase, with 223,000

Mining giant Rio Tinto (ASX:RIO) has announced an agreement to acquire Arcadium Lithium, a US-based lithium chemicals producer, in a $6.7 billion all-cash deal. The acquisition, revealed on October 9, 2024, will strengthen Rio Tinto’s position as one of the world’s largest lithium producers, essential for the rapidly growing electric vehicle (EV) market and the