By next Sunday, it will be clear whether Canada’s Brookfield and EIG of the US have a chance of gaining approval at Origin Energy’s adjourned shareholders’ meeting on Monday, December 4. Origin’s board still opposes a third takeover proposal from the two bidders, which emerged after last Thursday’s aborted meeting to vote on the scheme […]
Origin’s fate hangs in the balance Read More »
27 Nov 2023 – The S&P/ASX 200 is trading 0.44 per cent lower at 7,009.50.
Afternoon update: ASX down 0.44% as OPEC+ considers increasing production cuts Read More »
Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses the Australian dollar. Key pointsSince its February 2021 high of nearly $US0.80 the $A has fallen on the back of worries about the global growth outlook, worries about China, the strong $US and relatively less aggressive monetary tightening by the RBA.However, there
Five reasons to expect the $A to rise – providing recession is avoided Read More »
Tamboran Resources (ASX:TBN) has commenced stimulation activities at the Shenandoah South 1H well pad within its 38.75 per cent owned and operated EP 117 permit. The program, which is planned to include 10 stimulation stages over a 500-metre (1,640-foot) horizontal section within the Mid-Velkerri B Shale, is expected to be completed in December 2023. Shares
Stocks of the Hour: Tamboran Resources, RareX, Black Canyon Read More »
Enlitic CEO Michael Sistenich discusses the company’s AI solutions for healthcare data management as the company gears up for its December IPO. Paul Sanger: I’m Paul Sanger for the Finance News Network, and today I’m talking with Enlitic. Enlitic plans to IPO on the ASX in mid-December. Enlitic utilises artificial intelligence to offer data management
AI healthcare company Enlitic to list on ASX Read More »
The Australian sharemarket experienced a noon decline with the S&P/ASX 200 index slipping 0.15% due to losses in commodity stocks, particularly in the materials sector, driven by lower iron ore prices, leading to drops in BHP, Fortescue Metals, and Rio Tinto. Investors are closely monitoring upcoming inflation data and the OPEC+ meeting’s outcomes for insights
ASX down 0.15% at midday as iron ore prices dip Read More »
27 Nov 2023 – Enlitic CEO Michael Sistenich discusses the company’s AI solutions for healthcare data management as the company gears up for its December IPO.
AI healthcare company Enlitic to list on ASX Read More »
China’s property woes continue to inflict damage on the nation’s economy, with indications of substantial losses and potential criminal investigations surfacing as the government grapples with years of lax regulation, dubious transactions, and excessive lending throughout the financial sector. While the media has primarily focused on the gradual unraveling of giants like China Evergrande, Country
China’s property crisis deepens: Zhongzhi shadow bank faces investigation Read More »
The Dow Jones Industrial Average rose on Friday, as the major averages notched a four-week winning streak. The 30-stock Dow rose 117.12 points, or 0.33 per cent, to 35,390.15. Meanwhile, the S&P 500 ticked higher by 0.06 per cent to end at 4,559.34. The Nasdaq Composite fell 0.11 per cent, closing at 14,250.85. Major retail
The major US averages notch four-week win streak Read More »
27 Nov 2023 – The Dow Jones Industrial Average rose on Friday, as the major averages notched a four-week winning streak.
The major US averages notch four-week win streak Read More »
