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German Chancellor Olaf Scholz has lost a no-confidence vote in the Bundestag. The result comes after Scholz’s three-party coalition collapsed in November, leaving his administration as a minority government. The vote, which Scholz himself called, was seen as a tactical move to force early elections rather than waiting until the originally scheduled date in September […]

Insignia Financial (ASX:IFL) has received an indicative, non-binding proposal from Bain Capital to acquire all its shares via a scheme of arrangement. The offer price is $4.00 per share, adjusted for any dividends paid or payable after the proposal date. Insignia is a wealth manager with roots dating back to 1846. It provides financial advice,

Rio Tinto (ASX:RIO) plans to invest $2.5bn at its Rincon lithium project in Argentina. The aim is to lift production capacity at Rincon to 60,000 tonnes of battery-grade lithium carbonate per year. The project will combine a 3,000-tonne starter plant with a newly constructed 57,000-tonne expansion facility. The development will support a mine life of

DigiCo REIT (ASX:DGT), a new real estate investment trust focused on data centres, has made its debut on the ASX. This was Australia’s largest initial public offering (IPO) in six years, since Viva Energy’s (ASX:VEA) 2018 listing, and the largest real-estate-related listing in over a decade. The IPO targeted $2bn in capital, but was oversubscribed,

Dec seasonality, Rates, Wages, Bitcoin, MYEFO to confirm return to deficit Investment markets and key developments over the past week Global shares were mixed over the last week with a back up in bond yields and a bit of profit taking after a strong run up weighing on US and Eurozone shares leading to small

Dougal Ferguson – CEO – TMK Energy Limited’s (ASX:TMK) flagship project, the Gurvantes XXXV Project, is a comprehensive Coal Seam Gas exploration initiative covering an expansive area of approximately 8,400 km2 in the South Gobi basin of Mongolia.