Uncategorized

L Catterton, the private equity firm backed by luxury French fashion house LVMH, is gearing up to launch an initial public offering (IPO) of Birkenstock as early as September, according to sources familiar with the matter. The IPO may value the renowned German sandal maker at more than A$11.9 billion (US$8 billion). Working alongside Goldman […]

This week, several major companies, including tech giants Apple and Amazon, along with coffee giant Starbucks, are set to report their earnings, providing insights into consumer spending habits amidst easing inflation and rising interest rates. Other notable companies reporting earnings include Uber Technologies, Pfizer, Amgen, PayPal, Square, Kraft Heinz, and Kellogg. In total, 170 S&P

Rio Tinto (ASX:RIO) is partnering with Chile’s state-owned copper giant Codelco to conduct exploration activities in the Agua de la Falda mineral deposit, located in the Atacama desert region. The Atacama desert, situated in the northern part of Chile, is a prominent copper province housing some of the world’s largest mining companies, including BHP-controlled Escondida

QX Resources Limited (ASX:QXR) Managing Director Steve Promnitz discusses progress with the company’s lithium project in California, including permitting, access to water and timeline ahead. Paul Sanger: We are talking today with QX Resources (ASX:QXR). QXR has a market cap of $20m. QX Resources is focused on exploration and development of battery minerals with hard

Chalice Mining’s (ASX:CHN) already world-class Gonneville find near Perth is facing a massive upgrade after the surprise news on Tuesday of the discovery of what appears to be a whole new area of significant mineralisation. So far, Chalice has reported a total resource at Gonneville of 560 million tonnes @ 0.88g/t 3E (palladium, platinum, and

Stocks rose modestly Monday as Wall Street kicked off a busy earnings week and wrapped up a winning month. For the month of July, the S&P 500 jumped 3.1 per cent to notch its fifth consecutive positive month for the first time since its seven-month streak ending August 2021. The tech-heavy Nasdaq Composite gained about

Sequoia Asset Management Investment Manager Winston Sammut discusses property opportunities and pitfalls in the current economic climate. Paul Sanger: We are talking today with Mr Winston Sammut, an investment manager at Sequoia Asset Management. Winston has over 40 years’ investment experience, including 20 years in the listed property industry. Winston was previously the Head of

At the closing bell, the S&P/ASX 200 was 0.09 per cent higher at 7,410.40. Silver Lake Resources (ASX:SLR) experienced a significant drop of 20.2% to 89¢ after flagging it will sell less gold in FY24. On the positive side, Lynas Rare Earths (ASX:LYC) jumped 2.6% to $6.73 after reporting record quarterly production of neodymium-praseodymium oxide.