Market News

Tamboran Resources (ASX:TBN) has increased the Beetaloo Basin 2C gas resources to 2.0 trillion cubic feet. The EP 136 unrisked 1C contingent gas resources increased to 116 billion cubic feet (BCF) and the unrisked 2C contingent gas resources increase to 406 BCF. NOVONIX (ASX:NVX) has received up to US2.2 million from the Government of Canada […]

The monthly consumer price index in Australia increased to 5.2% for the 12 months ending in August, up from 4.9% in July, according to the Australian Bureau of Statistics, matching market expectations. The main factors contributing to this rise were housing, transport, food, non-alcoholic beverages, and insurance and financial services. When volatile items like fuel

The Australian wine industry, once a thriving sector and a major contributor to the nation’s exports, finds itself in a state of upheaval due to punitive tariffs imposed by China and shifting global market dynamics. Approximately two billion liters of Australian wine, equivalent to 859 Olympic-sized swimming pools, have accumulated within the country since 2020

The embattled Sydney-based casino operator, Star (ASX:SGR), has successfully convinced investors to contribute hundreds of millions of dollars for the second time this year, in a desperate attempt to keep the business afloat. After raising $800 million from shareholders in February, the struggling casino operator sought another $750 million in an equity offering at 60

America’s Federal Trade Commission (FTC) and 17 states are suing Amazon over allegations that the e-commerce giant abuses its marketplace dominance to inflate prices both on and off its platform, overcharge sellers, and stifle competition. The lawsuit was filed on Tuesday in federal court in Amazon’s home state of Washington and is the result of

Executive Directors Sam Beaton and Leandro Ravetti from Cobram Estate Olives (ASX:CBO) discuss the company’s FY23 full year results. Paul Sanger: We are talking today with Cobram Estate Olives (ASX:CBO). CBO has a market cap of around $550m. CBO is Australia’s largest vertically integrated olive farmer and marketer of premium quality extra virgin oil, and is

The Dow Jones Industrial Average fell Tuesday after the latest home sales and consumer confidence reports stoked concern over the state of the US economy. August new home sales missed expectations. Homes under contract totaled 675,000 for the month, down 8.7 per cent from July, according to the Commerce Department. Economists polled by Dow Jones

The cleanup and rehabilitation of the Ranger uranium mine in the Northern Territory serve as a stark reminder that nuclear power is not as clean as its proponents claim. Similar to coal mining, uranium mining leaves significant holes in the ground. However, the cleanup and rehabilitation of uranium mines come with added complexities and costs,

On Tuesday, the Australian stock market experienced a decline primarily due to a sell-off in technology and real estate stocks. This drop is part of a broader trend where investors are adjusting their portfolios in anticipation of an extended period of higher interest rates. The trigger for this decline was the US 10-year Treasury bond

In the ever-evolving landscape of technology, staying at the forefront and continuously attracting new customers is a crucial factor for a company’s growth. Linius Technologies (ASX:LNU) is no exception. Linius specialises in the development and commercialisation of SaaS solutions for video, particularly for the sports market. Linius Media Solutions is a portfolio of products that