Australia Financial News

12.10 / 11:09

Lowe's economy CME show testing Low week Dollar sits at near two-week low; US inflation test looms

By Ankur Banerjee and Alun John

12.10 / 05:09

COST UPS Toyota President Toyota, Idemitsu tie up to mass-produce all-solid-state batteries

TOKYO (Reuters) -Toyota Motor and Idemitsu Kosan have formed an alliance to develop and mass-produce all-solid-state batteries for electric vehicles, the companies said on Thursday.

12.10 / 02:31

Provident MET Progressive PwC gossips reports Department PwC spin-off Scyne gets Canberra green light

PwC Australia spin-off Scyne has been approved by the powerful Finance Department to take on the federal government contracts of its predecessor and accept new Commonwealth work.

12.10 / 02:31

UPS BLOCK RIO Albemarle exclusive Time Support Albemarle granted more time with $6.6b Liontown bid on life support

Global lithium giant Albemarle has requested more time to complete due diligence amid fading hopes its $6.6 billion takeover of Liontown Resources will succeed.

12.10 / 01:59

Target Ball Chase stars Virat Kohli, Rohit Sharma break Sachin Tendulkar's records ahead of India-Pakistan clash

Rohit Sharma and Virat Kohli reaches individual milestones. India skipper Rohit Sharma during the Afghanistan match broke legendary Sachin Tendulkar's record of most number of centuries in World Cup history Tendulkar recorded six centuries in as six editions of World Cups that he played, Rohit achieved the feat in only three: 2015, 2019 and 2023. Rohit Sharma also holds the record of scoring most centuries (five) by any batter in a World Cup edition — a feat that he achieved in 2019 edition in England. Rohit Sharma hit 131 off 84 balls against Afghanistan, which was his 31st ton overall, taking him past Australian legend Ricky Ponting.

12.10 / 00:15

BLOCK Booking Albemarle exclusive Liontown extends due diligence for $4.2 billion Albemarle buyout

MELBOURNE (Reuters) -Australia's Liontown Resources (ASX:LTR) on Thursday said it would extend an exclusive due diligence period by a week for its proposed A$6.6 billion ($4.23 billion) buyout by U.S.-based Albemarle (NYSE:ALB), even as an Australian billionaire muscles in.

12.10 / 00:15

UPS Target Siemens Manufacturing innovations The power must flow - girding the grid for renewables

“Let’s get this straight – the energy transition will only happen on the backs of a stable, secure and resilient grid,” says Samuel Morillon, managing director Australia, Siemens Energy.

11.10 / 23:11

Progressive Pool performer stage country reports Eddie Jones expected to quit Wallabies and confirm his return to Japan

Eddie Jones is expected to be named as Japan’s next head coach after his Australia side failed to progress from the pool stages of the Rugby World Cup for the first time.

11.10 / 22:54

Lowe's economy pandemic show Time New Zealand immigration hits an all-time high following pandemic lull

New Zealand’s immigration numbers have hit an all-time high

11.10 / 19:57

markets CBDC DEX Uniswap swift Was Chainlink’s (LINK) 35% rally just a buy rumor, sell the news event?

Since September, Chainlink (LINK) price has gained more than 25%, outperforming Bitcoin (BTC), Ethereum (ETH) and most altcoins. Currently, the project is the leading decentralized blockchain oracle solution and ranks 15th in terms of market capitalization when excluding stablecoins.

11.10 / 18:45

UPS Software country Venture capitalists Queensland-bound after govt investment fund rammed

The Sunshine State is about to get an influx of venture capitalists after the state government’s start-up funding initiative received a staggering amount of interest.

11.10 / 14:31

Ball WhatsApp beautiful ICC World Cup 2023: Rohit Sharma surpasses Sachin Tendulkar, Kapil Dev's record with 100 against Afghanistan

ICC World Cup 2023: Team India skipper Rohit Sharma surpassed the records of legends like Sachin Tendulkar and Kapil Dev with a century against Afghanistan. With this 100, Rohit Sharma has completed 7 centuries in the ICC World Cup which puts him at the top of the list.

11.10 / 14:31

Provident Strategy Align Experts show recommendations guidelines Traders Union Reveals the Best High Leverage Forex Brokers for 2023

best Forex brokers with high leverage listed are RoboForex and Exness, both offering a staggering 1:2000 leverage with minimal investments of $10 and $1, respectively. These brokers, along with others like InstaForex and Weltrade, are regulated by various international bodies, ensuring traders' capital is at risk within a governed framework. Despite the attraction of high profits, the study reveals that between 70% and 80% of retail investors incur losses in trading Forex instruments and CFDs.

11.10 / 13:07

UPS Citi Waves show country voice Australia’s Plan to Address Colonial Legacy Divides Those It Aims to Help

ALICE SPRINGS, Australia—In Australia’s vast and sparsely populated Northern Territory, the indigenous communities that make up more than a quarter of the population are divided. Australia has long wrestled with the legacy of colonialism and how best to improve the lives of indigenous Australians—who are poorer, less healthy and less educated, and more at risk for domestic violence, suicide and incarceration than other groups.

11.10 / 09:07

Provident Target Gap Experts information reports Bowen vows ‘entire government apparatus’ readying to avoid blackouts

Federal and Victorian energy ministers have declared confidence in the Australian Energy Market Operator to keep the lights on this summer as it commissions companies to provide an extra 118 megawatts in South Australia and 120 megawatts in Victoria to boost supply before the return of an El Nino weather system.

11.10 / 08:43

UPS Waves CEO RBC Morningstar track Takeover ACCC argument to back Origin takeover is flimsy, say analysts

The competition regulator’s reasoning that the $18.7 billion takeover of Origin Energy by two North American bidders should go ahead because of a public benefit from a faster energy transition is “flimsy”, and consumers are likely to pay higher prices as a result of the deal, analysts say.

11.10 / 08:43

FLEX RIO Albemarle track Liontown shares slump as Rinehart flexes muscle

The Liontown Resources share price has slumped in a sign investors see little hope for Albemarle’s $6.6 billion takeover tilt at the lithium play after Gina Rinehart boosted her stake to 19.9 per cent.

11.10 / 08:11

COST social reports 400,000 coal staff, mostly in India & China, to lose jobs as world shuns the dirty fuel

coal will leave miners with the equivalent of 100 job cuts daily through 2035, mostly in China and India. Mine closures will eliminate about 15% of global coal mining jobs by that year, about 400,000 in total, according to a new report published by Global Energy Monitor this week. The figure is likely to rise to nearly 1 million by 2050 as the world turns to cheaper wind and solar power generation. The job losses highlight some of the social challenges that companies and governments face as they transition the world away from fossil fuels in order to avoid the worst impacts of climate change.

11.10 / 07:17

COST UPS Strategy UBS innovations Trevor St Baker-backed Evie Networks powers up for deal; UBS mandated

Evie Networks, owner of Australia’s largest network of electric vehicle fast-charging stations that dot Ampol and Dan Murphy’s locations, is hunting for a capital partner to power its growth ambitions.

11.10 / 07:17

UPS Manufacturing UBS Coronavirus show BHP optimistic on steel demand, iron ore

BHP’s chief commercial officer Vandita Pant is optimistic China’s housing market policies could buoy already strong demand for iron ore, generating “strong momentum” for the steel-making commodity into next year.

11.10 / 07:09

business Adoption Amazon Web3 Gaming Cloud Services Immutable links with AWS in latest Web3 gaming push

Web3 gaming platform Immutable has partnered with Amazon Web Services (AWS) to extend options for game developers as the cloud service provider expands its startup accelerator programs.

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