Australia Financial News

14.09 / 15:23

COST UPS Reuters Gap country To cut reliance on China, Russia turns to India for aluminium feedstock

LONDON : Russia has stepped up imports of the aluminium feedstock alumina from India in recent months to supply its vast Siberian plants, a move that diversifies the sanctions-hit country's supply, helps reduce dependence on China and cuts costs. After invading Ukraine, the world's second biggest producer of aluminium lost two crucial sources of alumina, used to make aluminium metal, as a refinery in Ukraine suspended production and Australia banned supplies to Russia. While Russia and China are on friendly terms, aluminium production in China is rising, leaving less price flexibility for Russia to buy alumina.

14.09 / 14:15

Provident Manufacturing performer blues Indian KaleidEO becomes first Indian firm to demonstrate edge computing in space

KaleidEO Space Systems, became the first Indian firm to use edge computing for taking hi-resolution image with the help of an orbiting satellite in real-time. With this, the Bengaluru based startup, achieved a new milestone by becoming first Indian firm to demonstrate Edge computing in space. The company used deep learning based algorithms to analyze imagery in-orbit, as captured by Satellogic - a satellite constellation and data provider company based out of Montevideo, Uruguay.

14.09 / 12:59

Action Chevron RIG Remark track fall Australian Natural Gas: Fall Season Matters More Than Lower Output or Australian Strike

Against a backdrop of shrinking gas rigs, output squeezes from operational disruptions, and an Australian labor strike that just refuses to end, natural gas prices have only moved 8.5% over the past week — remarkably little, considering the circumstances.

14.09 / 12:57

SUN Parke ICE show beautiful cover Stranded luxury cruise ship MV Ocean Explorer has been pulled free at high tide in Greenland

The operator of a luxury cruise ship that ran aground in Greenland with 206 people on board said Thursday that the MV Ocean Explorer was “successfully” pulled free by a fisheries research vessel at high tide

14.09 / 12:57

Provident Action Chevron social reports Australian Chevron reports LNG outage at Australian plant as strike action escalates

A Chevron Corp. liquefied natural gas plant has reported a production outage as workers escalated a strike action against its Australian operations that threaten global supply

14.09 / 11:53

Waters Glacier Cruise ship stuck in Greenland with over 200 passengers, police launches probe

Four days after the grounding of a luxury ship off the Greenland coast, the local police have launched an investigation into the matter. The police will probe how the luxury cruise got stuck in the mud in a remote area of the Arctic island. As part of the investigation, police officer on the boat is interviewing the crew and find out about any possible offense that occurred on the boat.

14.09 / 11:41

UPS Racing How India can become number 1 team in ODI ranking leaving behind Pakistan and Australia

Australia, who recently suffered a loss to South Africa in the third ODI of their series, has opened the door for India to reclaim the top spot they held until March 22 of this year. Presently, both Australia and Pakistan share the number 1 spot of the ICC ODI standings, with 118 points each, while India is closely trailing behind at the second spot with 116 points. Pakistan's upcoming Super Four match against Sri Lanka in the Asia Cup has immense significance, as it could impact their joint No.

14.09 / 09:45

UPS Aviat Progressive CEO Airlines country National Bonza says optimising slots at Sydney in national interest

Bonza chief executive Tim Jordan says politicians need to be willing to tackle the Australian airline duopoly by overhauling Sydney Airport, arguing slot hoarding is a drag on Australia’s productivity.

14.09 / 09:45

UPS Strategy awards show track social Qld hospital construction backlog a headache for Palaszczuk

The Queensland government will struggle to build three new hospitals and upgrade 11 of them on time and on budget over the next four years, according to a new analysis of the infrastructure pipeline.

14.09 / 09:45

UPS Provident Merit PwC Telstra end PwC to end ‘job for the boys’ leadership appointments

PwC Australia aims to end a “jobs for the boys” culture among its leaders and has headhunters searching for its first-ever independent board members before the release of a report into the governance-related failures that led to the firm’s tax leaks scandal.

14.09 / 09:45

COST UPS Progressive Strategy performer Rich Lister Raphael Geminder’s other packaging disaster

Rich Lister Raphael Geminder’s private company has warned shareholders in Pact Group that dividends are on hold indefinitely, as part of his audacious privatisation offer.

14.09 / 09:45

UPS Platform Action Gap Chevron cover Loading bans hit Chevron’s LNG as output cut

Unions have started a ban on tanker loadings at Chevron’s Wheatstone and Gorgon LNG plants in Western Australia in an escalation of industrial action that raises the likelihood of disruptions to exports and higher gas prices.

14.09 / 08:39

Parke ICE country beautiful cover Third attempt fails to free luxury cruise ship MV Ocean Explorer that ran aground in Greenland

cruise ship carrying 206 people that ran aground in the world's northernmost national park in Greenland has failed after trying to use the high tide, authorities said. It was the third attempt to free the MV Ocean Explorer.

14.09 / 07:43

Provident Amazon Entertainment Inside audience ad Amazon demands 30pc of ad revenue from TV networks’ apps

Amazon has given major broadcasters three weeks’ notice that it will demand a 30 per cent cut of revenue from all advertising that runs while someone watches their programming through its Fire TV devices.

14.09 / 07:29

UPS Dash Career star dance International cricket ICC Cricket World Cup 2023: 'One Last Dance' for international cricket's 'Fab Four'

World Cup in India is less than a month away and will feature some of the cricket's very best players and teams. This tournament is set to hold a lot of significance in larger cricket history, as the modern day 'Fab Four', consisting of batting greats — Virat Kohli (India), Steve Smith (Australia), Joe Root (England) and Kane Williamson (New Zealand) will have their 'One Last Dance' together. This tournament could be the final time that these four legends play an ICC Cricket World Cup or matter of fact, any major ICC tournament together.

14.09 / 03:59

SoftBank NIFTY show performer track surges Asian stocks Asian stocks edge higher as inflation dust settles, Japan surges

Investing.com-- Most Asian stocks rose slightly on Thursday, tracking some strength in Wall Street as markets bet that a recent rise in U.S. inflation will prove insufficient in eliciting more interest rate hikes from the Federal Reserve.

14.09 / 03:59

Lowe's Target Reuters show pop Dollar hovers below 3-month high to euro as ECB decision looms

By Kevin Buckland

14.09 / 03:45

Lowe's Target Reuters show pop Low Dollar hovers above 3-month low to euro as ECB decision looms

dollar hovered above a three-month low to the euro on Thursday as attention turned to the European Central Bank's rate-setting meeting later in the day, after U.S. inflation data failed to alter views for a Federal Reserve pause next week. The yen pulled away from near a 10-month trough to the dollar as a decline in long-term Treasury yields removed some support for the U.S.

14.09 / 03:19

HANS audience social Sydney FC adds advertising boss to board after Matildas audience boom

Sydney FC has added the head of one of Australia’s biggest social media agencies to its board as it tries to turn a massive groundswell of support for soccer following the FIFA Women’s World Cup into a new fan base.

14.09 / 02:19

business marketing OKX F1 safe How OKX convinced F1 star Daniel Ricciardo it's safe to promote crypto

Australian F1 driver Daniel Ricciardo and his Olympic snowboarder mate Scotty James say they always think long and hard about the risks of promoting the wrong thing.

14.09 / 02:15

UPS NASDAQ NIFTY VIX Inside GIFT Nifty up 40 points; here's the trading setup for today's session

«Overall, we would suggest investors to shift their focus from mid and small caps to large caps in the near term, as the risk-reward is favourable over there,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a positive startGIFT Nifty on the NSE IX traded 36 points, or 0.18 per cent, at 20,182, signaling that Dalal Street was headed for positive start on Thursday.

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