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At the closing bell, the S&P/ASX 200 was 1.5 per cent higher at 7,108.90, experiencing a strong rebound ahead of US CPI data, boosted by offshore gains and hints of increased support for China’s property sector. The S&P/ASX 200 index records its largest daily increase in six months, closing up 1.5% at 7108.9 points following […]

In a bid to prevent the looming threat of nationalisation, Thames Water has announced that investors have agreed to inject £750 million ($1.45 billion) into the company. However, the UK’s largest water utility cautioned that it would require additional investments in the coming years. With a staggering £14 billion debt and mounting pressure over sewage

Shares of Megaport Limited (ASX:MP1) are soaring after the company announced an upgrade to its earnings before interest, tax, depreciation, and amortisation (EBITDA) guidance for the financial year 2023 and provided insights into its financial year 2024 projections. A leading global Network as a Service (NaaS) provider, Megaport, has attributed its revised FY23 normalised EBITDA guidance

Altech Batteries (ASX:ATC, FRA:A3Y) has engaged the Centre of International Climate and Environmental Research (CICERO), for a green accreditation of the CERENERGY® battery and project. The Company has previously sought CICERO’s accreditation for its Silumina Anodes TM project, which received a “Light Green” rating. Shares are trading 1.11 per cent higher at 9.1 cents. Sayona

Australia’s share market is on track to break a four-day losing streak, with the S&P/ASX 200 index rising 0.97 per cent higher to 7,071.90 at noon. All sectors are experiencing gains, with technology, property, discretionary, and materials leading the way. Among the large-cap companies, lithium, gold, and base metals miners are performing well, along with

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, provides some commonsense tips. Key points Getting your personal finances right can be a challenge at times. Here are some common-sense tips that may be of use:Shop around when it comes to financial services.Don’t take on too much debt.Allow for interest rate to

Meta’s new Threads platform has achieved a remarkable milestone by attracting more than 100 million users in less than five days since its launch. This makes Threads the fastest-growing online platform in history, surpassing the previous record held by OpenAI’s ChatGPT, which took two months to reach 100 million users. The impressive feat was revealed

The release of the US Federal Reserve’s minutes from the Federal Open Market Committee (FOMC) meeting drew significant attention during the week. While no changes were announced, one particular statement stood out: “Almost all participants noted that in their economic projections that they judged that additional increases in the target federal funds rate during 2023

Mining tycoon Andrew Forrest is making strides in establishing a battery manufacturing hub in the United States, aligning with Fortescue Future Industries’ strategic vision to leverage President Joe Biden’s $550 billion Inflation Reduction Act. Forrest’s plans include expanding UK-based engineering firm WAE, which he acquired last year, into a comprehensive operation spanning three sites in