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Brambles Credit Rating Upgraded by S&P Global

Brambles has received an upgraded credit rating from S&P Global Ratings (S&P), moving from BBB+/Stable/A-2 to A-/Stable/A-2. This reflects S&P’s assessment of Brambles’ improved financial performance and business strength. Brambles is a supply-chain logistics company operating in over 60 countries, primarily known for its pallets, crates, and containers. The company helps move goods through the […]

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Novo Banco Offices Searched in Corruption Probe

Portuguese police have searched the offices of Novo Banco, Portugal’s fourth-largest bank, and the local branch of auditing firm KPMG as part of a corruption investigation. The probe centres on suspected crimes related to the sale of the bank’s assets. Prosecutors are investigating potential active and passive corruption in the private sector, aggravated fraud, and

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Image Resources Adjusts HMC Sales Guidance, Extends Prepayment Facility Repayment

Image Resources NL (ASX:IMA), a mineral sands focused miner and supplier of critical minerals such as titanium dioxide, zircon, and monazite, has revised its market guidance for heavy mineral concentrate (HMC) sales for calendar year 2025. The company now anticipates sales of 150-170k dry metric tonnes (DMT), a reduction from the previous estimate of 165-185k

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Transgrid Secures Key Grid Stabilisation Contract

Transgrid, the owner of New South Wales’ high-voltage power grid, has signed a contract with GE Vernova to supply synchronous condensers. Transgrid is responsible for operating and maintaining the state’s electricity transmission network. The company plays a crucial role in connecting generators, distributors, and major end-users, ensuring a reliable power supply across NSW. The contract,

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Tribune Resources (ASX: TBR) Reports Strong Gold Production in September Quarter

Tribune Resources Ltd (ASX: TBR), a company engaged in gold exploration, development and production, today announced its quarterly report for the period ending September 2025. A key highlight was the processing of 78,296 tonnes of ore at 2.89 g/t from the East Kundana Joint Venture (EKJV) operations, in partnership with Evolution Mining Limited at the

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Woolworths’ Sales Growth Muted in First Quarter

Woolworths Group’s September quarter results indicate muted growth, with first-quarter sales reaching $18.48 billion. While this figure slightly surpassed RBC Capital Markets’ estimates, it fell short of consensus expectations. According to RBC Capital Markets analyst Michael Toner, Australian food comparable sales increased by 1.6 per cent, exceeding RBC’s forecast of 1.5 per cent but trailing

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ASX Executive Clive Triance Announces Departure

ASX executive Clive Triance, who leads the securities and payments division, will depart the company in June. This marks the fifth executive change within the market operator in the last 18 months. The Australian Securities Exchange (ASX) operates as a market operator, clearing house, and payments system facilitator. It provides listing, trading, clearing, and settlement

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