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Immutep reports positive data in head and neck cancer trial

Immutep (ASX:IMM) has announced promising new data from its Phase IIb TACTI-003 trial, presented at the ESMO Immuno-Oncology Congress 2024. The trial combines the company’s lead drug candidate eftilagimod alpha (efti) with Merck & Co’s drug KEYTRUDA (pembrolizumab). The targeted indication is head and neck squamous cell carcinoma (HNSCC). Cancer cells hiding from T-cells T-cells […]

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Nasdaq cracks 20K as Fed cut looms

US stocks surged overnight, with the Nasdaq Composite closing above 20,000 for the first time. It closed 1.77% higher at 20,034.89. The S&P 500 rose 0.82% to 6,084.26, while the Dow Jones Industrial Average was 0.22% lower 44,148.56. Tech stocks led the rally, driven by Alphabet, which closed 5.46% higher, advancing on news of a

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US inflation climbs to 2.7%, solidifying prospects for Fed rate cut

US inflation rose to an annual rate of 2.7% in November, up from 2.6% in October, according to Consumer Price Index (CPI) data released on Wednesday by the Bureau of Labor Statistics. The monthly increase was 0.3%, marking the highest annual inflation rate since July. The figures aligned with market forecasts and reinforced expectations for

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Silex gets laser-focused with US Department of Energy contract

Silex Systems (ASX:SLX) specialises in laser-based technology for uranium enrichment. Its proprietary SILEX (Separation of Isotopes by Laser Excitation) process uses lasers to selectively excite uranium isotopes, enabling the efficient production of material for nuclear power. This method is touted as a cleaner, more energy-efficient alternative to traditional gas centrifuge techniques. Silex’s technology is exclusively

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Southern Cross lands NEXTDC, desalination and Sydney Metro deals

Southern Cross Electrical Engineering (ASX:SXE) has secured $125m in new contracts spanning data centres, a desalination plant and a Sydney transport project. The company, headquartered in Perth, provides electrical, instrumentation and communication services to infrastructure, resources and commercial sectors.  Among the latest wins is a contract with data centre operator NEXTDC for electrical installation at

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Vulcan Energy announces $164m placement to fund Lionheart

Vulcan Energy (ASX:VUL) has announced a $164m institutional placement and a $20m share purchase plan (SPP) to fund key aspects of its Lionheart Project in Germany’s Upper Rhine Valley Brine Field. The company aims to become the world’s first carbon-neutral, integrated lithium and renewable energy producer. The placement will raise $121m from institutional investors and

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Titomic’s cold spray gets aerospace industry’s warm embrace

Titomic (ASX:TTT), headquartered in Melbourne, is a leader in the development of cold spray technology. Cold spray involves metal or other materials being sprayed at high velocity onto a surface to create a coating or build a solid structure. In a release today, the company announced it has collaborated with global professional association SAE International

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How Google’s quantum chip tackled a 10 septillion-year problem

Google has announced the development of its new quantum computing chip, Willow.  The company stated that Willow can solve mathematical problems in five minutes that would take a classical supercomputer 10 septillion years—a period exceeding the age of the universe many times over. A quantum leap The key milestone Google passed was the Random Circuit

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Australia’s falling living standards – What’s driving it and how to fix it

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses living standards. Key points Falling real wages and a surge in tax and interest payments have led to a slump in Australian living standards. But a broader driver of the malaise in living standards has been a slump in productivity growth from

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