Bhagwan Marine (ASX:BWN) has projected a significant rise in earnings for the first half of FY25, as well as strong tendering activity, with pro-forma EBITDA expected to reach between $26m and $28m. This represents an increase of 26% to 36% compared to the prior corresponding period’s $20.6m. The company attributes this growth to robust performance […]
Bhagwan makes waves with first-half guidance lift Read More »
Iluka Resources (ASX:ILU) has announced the successful conclusion of funding discussions with the Australian Government to support its $1.8bn Eneabba rare earths refinery in Western Australia. The refinery is designed to process both light and heavy rare earth oxides, positioning Iluka as a key player in the global rare earths market. Funding and project economics
Funding win for Iluka, but shares tumble Read More »
The US economy added 227,000 nonfarm payrolls in November, surpassing expectations of 214,000 and rebounding from October’s hurricane-impacted 36,000. The Bureau of Labor Statistics (BLS) reported the stronger-than-expected figure on Friday, alongside an unemployment rate increase to 4.2%, as anticipated. Nonfarm payrolls The BLS releases monthly data as part of its Employment Situation Report. Nonfarm
US jobs grow in November, bolstering expectations of Fed cut Read More »
Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses developments in investment markets over the past week, economic activity trackers, major global economic events and Australian economic events. Investment markets and key developments over the past week Despite another week of geopolitical noise with the fall of the French Government, a
