Australia Financial News

23.10 / 12:33

UPS MET FIVE Death song gatherings Lost Friend Bishan Singh Bedi death: Have lost my closest friend on other side of the border, says Intikhab Alam

Intikhab Alam was stunned into silence after hearing about the demise of Indian great Bishan Singh Bedi, his closest friend across the border. Bedi's death felt like a personal loss for Alam, who spoke to PTI over the phone from Lahore. Their friendship dates back to 1971 when Bedi toured England with the Indian team and Alam, representing Surrey, played the legendary left-arm spinner in a tour game.

23.10 / 09:43

UPS Lowe's Manufacturing performer reports Multibagger: Pearl Global Industries stock zooms 220% in 6 months; up 737% in 3 years

Pearl Global Industries shares have been performing exceptionally well on Dalal Street, rewarding their shareholders massively in a relatively short period of time. In just three months, the stock more than doubled investors' wealth by delivering a return of nearly 121%. Over the last six months, the stock has seen a significant increase in value, climbing from ₹438 apiece to ₹1,404, generating a return of 220%.

23.10 / 09:03

country EAM Jaishankar, IAEA Director General discuss developmental significance of nuclear energy

«Good to see my friend DG @iaeaorg @rafaelmgrossi today. Congratulated him on his reappointment.

23.10 / 08:43

COST Provident Man reports NAB swings the axe in markets division; thins out commodities team

Redundancies are in full swing at National Australia Bank’s markets division.

23.10 / 08:43

Citi Art Booking Waters Parke Morningstar gatherings Super fund QSuper hands back keys to NYC office tower

Industry super fund QSuper handed back the keys to a prime New York City midtown office tower after its investment went under water just 2½ years after valuing the asset at $US540 million ($855 million) on its books.

23.10 / 08:43

COST Amazon Microsoft Software reports testing NAB says AI will cut the drudgery for its bankers

National Australia Bank is considering how widely to roll out generative artificial intelligence technology to help bankers draft emails to clients and prepare credit reports on corporate borrowers.

23.10 / 08:43

COST UPS Bill show outbreak reports No escape from hot weather or high power prices this summer

Households and businesses are unlikely to receive any relief from high electricity prices until July next year, despite a big fall in wholesale power prices in the past 12 months.

23.10 / 08:43

Man Extreme Strategy DNA Intuit Bill Roger Corbett says Endeavour chairman must go

Former Woolworths boss Roger Corbett has called on Peter Hearl, chairman of Dan Murphy’s parent, Endeavour Group, to step aside, even if activist nominee Bill Wavish fails to get elected at a contested annual meeting next week.

23.10 / 08:43

BLOCK Manufacturing NVIDIA country electronic rock 2020 Graphite stocks surge as Beijing opens new frontier in trade war

Australian graphite stocks surged after China announced export controls restricting supply of one of the key battery minerals required for electric vehicles, opening a new frontier in a trade war with the US and its allied nations.

23.10 / 08:43

UPS Booking Fighting Bill track judo Judo belts out record margin for hybrid capital

In what has become a highly commoditised sector of Australia’s capital markets, a punchy ASX-listed hybrid capital raising by Judo Bank certainly has investors, bankers and traders talking.

23.10 / 08:43

UPS Target BLOCK Racing Nordstrom Department Handbags at dawn: FTI puts Olga Berg on the block

Olga Berg is off to the races. Street Talk understands the handbag and headpiece designer has adviser FTI Consulting courting potential strategic buyers for the 30-year-plus brand.

23.10 / 08:43

COST FIVE Parke Experts country Department ‘Couldn’t organise a conference for 500’: event expert on Games chaos

The Victorian government’s team in charge of delivering the 2026 Commonwealth Games was so inexperienced it would have struggled to host a 500-person conference, an inquiry has been told.

23.10 / 08:43

Celebrity show country exclusive information stars 2020 MasterChef’s Melissa Leong axed from judging line-up

Melissa Leong, the high-profile co-host of MasterChef Australia, will be pulled from the popular Channel Ten program, but the broadcaster insists she remains an important part of the television network.

23.10 / 08:43

Albemarle stage Lithium takeovers ignite the Pilbara

Deal fever swept the Australian lithium sector on Monday, with Chilean giant Socieded Quimica Y Minera set to play a central role in two deals.

23.10 / 08:43

COST Aviat Action Airlines pandemic information Virgin ground crew step towards strike for new pay deal

Virgin Australia ground staff could walk off the job as talks over pay and conditions stall, and the Transport Workers Union claims the airline is leaving baggage handlers in “pay poverty”.

23.10 / 08:43

UPS Lowe's CEO Experts Funerals group Propel says buyout offers too cheap

Australia’s second-largest funerals business, Propel Funeral Partners, has received “multiple” buyout proposals, but its board says none were compelling enough to start talks with any potential suitors.

23.10 / 08:43

Career CEO Assurant PwC information gossips reports Former PwC Australia acting CEO Kristin Stubbins to leave firm

The woman who led PwC Australia through the darkest days of its tax leaks scandal will leave in January after three decades at the big four consulting firm.

23.10 / 07:09

reports Peak XV’s Surge programme launches Cohort 9 with 13 startups

Venture capital Peak XV, on Monday, announced the launch of its Cohort 9 for early-age startups, under which it will train 13 startups, according to a report by the PTI. The Cohort 9 is the first after the separation of Sequoia India & Southeast Asia from Sequoia Capital US. The 13 ventures from India, Singapore, and Australia will undergo a 16-week program under the cohort. “Cohort 09 marks several milestones for the firm. It is the first since Peak XV’s rebrand from Sequoia India & Southeast Asia and forays into greater Asia-Pacific expansion with the inclusion of Australia-based startups,” Peak XV said in a statement, according to PTI.

23.10 / 03:39

country IAEA Director General Rafael Grossi arrives in India on official visit

IAEA) Director General Rafael Grossi on Monday arrived in India on an official visit. «A warm welcome to DG @iaeaorg @rafaelmgrossi as he arrives on his first visit to India as Director-General of IAEA. His visit will further strengthen India-IAEA ties across diverse sectors,» Ministry of External Affairs Official Spokesperson Arindam Bagchi wrote on 'X'. The IAEA is a centre for cooperation in the nuclear field and seeks to promote the safe, secure and peaceful use of nuclear technologies, as per the IAEA's official website. Grossi assumed office as the IAEA's sixth Director General on December 3, 2019.

23.10 / 02:33

NASDAQ DOW NIFTY reports recommendations Weekend 6 things that changed for the stock market over the weekend - Gift Nifty to selloff on Wall Street

Global market, including India, will take further cues from geopolitical developments, oil prices and bond yield fluctuations, along with earnings of major companies. “We expect earnings season to pick up pace in a truncated week which would direct the market trend along with global cues. On the global front, ECB (European Central Bank) will announce interest rate decision this week," Siddhartha Khemka, Head – Retail Research at Motilal Oswal Financial Services Ltd, said.

23.10 / 01:31

Citi Ball WhatsApp cover social stars Pakistan vs Afghanistan, ICC World Cup 2023 match today: When, where and how to watch, live-streaming details

World Cup 2023 match at MA Chidambaram Stadium, Chennai. It would be the fifth match of both teams in the ICC ODI World Cup 2023. Pakistan are in the 5th spot with four points in the World Cup 2023 team table and Afghanistan is at the bottom of the table with two points.

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