November 10, 2024

The stock market reached fresh record highs on Friday, with the Dow and S&P 500 marking their best week in a year following Donald Trump’s election victory. The Dow Jones Industrial Average gained 259.65 points, or 0.59 per cent, closing at 43,988.99. During the session, the blue-chip index briefly surpassed 44,000 for the first time […]

Incitec Pivot (ASX:IPL), a leading manufacturer and distributor of fertilisers, industrial chemicals, and explosives, has reported a net loss of $311m for the financial year ending 30 September 2024, a sharp reversal from its $560m profit the prior year. This shift was primarily due to $712m in non-cash impairments related to its global fertilisers business

China and Indonesia have agreed to deepen their strategic partnership. The joint declaration was released on 10 November 2024 at the conclusion of Indonesian President Prabowo Subianto’s state visit to China, which spanned from 8 to 10 November — his first international trip since assuming office. President Xi Jinping highlighted the “profound traditional friendship and

On Friday, China announced a significant 10 trillion yuan (A$2.1 trillion) stimulus package aimed at addressing its growing local government debt burden. The measures, approved at the conclusion of the National People’s Congress Standing Committee week-long session include raising debt ceilings by 6 trillion yuan over the next three years to help local governments swap

Amazon and Walmart are expanding their drone delivery programs in key US locations, aiming to revolutionise the way consumers receive their purchases. In an announcement last week, Amazon launched its Prime Air drone service in Tolleson, Arizona, part of the Phoenix Metro Area, enabling customers to receive items weighing up to 5 pounds within an

Treasurer Jim Chalmers has cautioned that Australia will feel the impact of trade tensions arising from Donald Trump’s election as US president, warning of potential economic challenges. In a speech set to be delivered at the Australian Institute of International Affairs today, Chalmers will outline Treasury’s findings on Trump’s proposed trade policies, which include significant