LA Private

October 27, 2024

Helloworld reports soaring total transaction value

Helloworld Travel (ASX:HLO) has posted strong FY24 financial results, reflecting the ongoing rebound in the travel sector and strategic acquisitions. The company, a prominent travel distribution network operating across Australia, New Zealand, and the South Pacific, saw its Total Transaction Value (TTV) soar to $4.2bn — a 62.5% increase from the previous year. Helloworld operates […]

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Unibail-Rodamco-Westfield sees strong Q3 as it sharpens focus on European assets

Unibail-Rodamco-Westfield (ASX:URW), a leading owner and operator of shopping centres and commercial properties, reported a solid performance for Q3 2024, driven by robust retail sales and increased foot traffic at its key sites. The company recorded a 9.1% increase in turnover compared to the same period last year, with the Convention & Exhibition segment showing

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Orthocell secures $17m to fund US entry

Orthocell (ASX:OCC) has secured $17m in a recent capital raising initiative, aimed at funding the US launch of its flagship Remplir device. The funds will also support expansion into Singapore, Southeast Asia, and Europe, and be allocated to scaling up manufacturing infrastructure and enhancing cost efficiency through automation projects. The Remplir device is designed to facilitate

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Nasdaq hits all-time high

On Friday, the Nasdaq Composite surged to an all-time high, ending a turbulent week with a strong rally led by tech giants. The Nasdaq rose 1.3%, outperforming other indices, while the S&P 500 gained 0.6%, both reaching new peaks. In contrast, the Dow Jones Industrial Average saw only a modest increase of 0.1%, adding 38

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European gas market feels the heat

European gas prices have surged to a year-high amid supply challenges and geopolitical tensions. The Amsterdam-based Title Transfer Facility (TTF), Europe’s main gas benchmark, recently climbed to €43.61 per megawatt hour — its highest level since December 2023. The spike underscores Europe’s sensitivity to supply disruptions, even though gas storage levels are around 95% full.

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German finance minister sounds alarm over potential US-EU tariff war

On Friday, German Finance Minister Christian Lindner issued a warning about the dangers of a potential trade war between the United States and the European Union. Speaking at the International Monetary Fund’s annual meeting in Washington, DC, Lindner emphasized that trade conflicts inevitably lead to losses for both sides. He called for diplomatic efforts to

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