News Corp rejects shareholder demands to reform dual-class structure
News Corp has acknowledged receipt of a letter from the activist shareholder group, Starboard Value, but immediately rejected its claims that the company’s current control
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Has the Reserve Bank missed its chance to ease economic pressures?
Has the Reserve Bank’s “control inflation at all costs” approach caused it to miss the chance to ease pressures on the economy? This question arises
ASX grows 0.86% near noon: All 11 sectors are up
Australian shares rebounded on Tuesday, reflecting a rally on Wall Street as investors cautiously re-entered the market following last week’s sell-off. At 11:30am, the S&P/ASX
Stocks of the Hour: Aruma Resources, Intra Energy Corporation, Audeara
To register for Friday’s webinar click here. Aruma Resources (ASX:AAJ) announces multiple high-grade copper results and antimony have been identified at Fiery Creek Project. Results
Premier Investments faces slump in sales and earnings
Has sales and earnings growth stalled for Solomon Lew’s Premier Investments? This question arises from a terse update to the ASX on Monday, which strongly
Anglo American’s coal mine sale faces hurdles due to price drop
Monday, September 9, was the date Anglo American had indicated it would begin receiving bids for its five central Queensland coking coal mines. The quintet
US stocks rebound as investors bet on potential Fed rate cut
US stocks surged overnight as investors bought the dip following Wall Street’s worst week of the year, with hopes that a potential Federal Reserve rate
Beyond AI: Tech industry Faces Post-2022 Slowdown
Enthusiasm surrounding artificial intelligence (AI) is overshadowing broader struggles across the technology sector, with many companies still grappling with the slowdown that began in 2022,
Aldi UK reports record revenues despite market share dip
The annual UK results of discount supermarket giant Aldi have undermined analysts’ and others’ obsession with market share. On Monday, Aldi (which is number three
Westgold Resources and Yancoal to join ASX 200 and 300 indexes amid market shifts
Westgold Resources (ASX:WGX) and Yancoal (ASX:YAL) are set to be included in the ASX 200 and 300 indexes, as three formerly high-profile stocks were dropped.