Metals Acquisition bought a New South Wales copper mine from Glencore for almost $US900 million upfront in 2023, it turned to the debt markets to help fund the purchase.
Sagarika Jaisinghani, Nina Trentmann and Swetha Gopinath
US stocks have closed lower after the Dow index reached an intra-day high of 40,000.
Chibuike Oguh and Bansari Mayur Kamdar
Years of sluggish deal flow have eaten away at Euroz Hartleys’ bottom line, but chair Andrew McKenzie is encouraged by some ‘green shoots’ in the WA market.
Simone Grogan
The Australian sharemarket has marked its best day for the year in the wake of the latest unemployment figures boosting buyer confidence.
Aisling Brennan
Fonterra will sell its Oceania business — behind household name brands Western Star butter, Bega Cheese and Perfect Italiano — to focus on its “core function” of collecting, processing and selling milk.
Cheyanne Enciso
Subiaco’s Peninsula Energy has pushed the plunger on a big equity injection as US-focused uranium hopefuls look to capitalise on recent Russian bans.
Adrian Rauso
Incitec Pivot remains locked in lengthy negotiations to flog its entire fertiliser business to an Indonesian state-owned enterprise, but there are concerns the Foreign Investment Review Board could be a hurdle.
The ASX has hit a six-week high with the energy sector the only loser in a day of gains across the ASX.
Esther Linder
Galvanised hopes of interest rate cuts in the US and elsewhere have send world stocks to a record high and bond markets rallying.
Marc Jones
Graincrop has had a "resilient" six months given falling grain prices and poor growing conditions in the northern half of eastern Australia.
Derek Rose
Retail sales flat in April; Meme stocks snap sharp rally; Indexes up: Dow 0.88 per cent, S&P 1.17 per cent, Nasdaq 1.40 per cent.
Sinead Carew and Bansari Mayur Kamdar
One of Australia’s energy titans will cut 200 jobs, blaming a delay in ‘growth activities’ for the cull.
Duncan Evans
Aussie stocks lifted on Wednesday on the back of a mining rally fuelled by bourse heavyweight BHP.
The boss of ASX debutant Sun Silver is banking on a big silver supply squeeze and the commodity’s increasingly crucial use in solar panels as a winning combination for the Nevada-focused explorer.
Ken Brinsden-led lithium explorer Patriot Battery Metals won’t pursue downstream lithium processing with its biggest shareholder and US chemicals giant Albemarle, triggering a jarring share price fall.
One of Australia’s largest financial services providers is going cashless at its offices but has promised customers cash withdrawal fees from ATMs will be covered.
Santos is giving the boot to about 200 employees — most of them based in Perth — and has pinned the blame on slow project approvals, a reason which Premier Roger Cook has cast doubt on.
Pathology chains have lost ground while major miners made gains following the federal budget, with the ASX200 overall finishing 0.4 per cent higher.
Traders await what could be pivotal US inflation data with global shares rising and a frenzy in so-called "meme stocks" entering a third day.
Amanda Cooper
As Anglo American sets out a survival plan Mike Henry says his BHP will do a better job of delivering value for Anglo’s shareholders.
Thomas Biesheuvel and William Clowes
Meme-stock traders again piled into shares of GameStop and AMC Entertainment in a revival of the retail-trading frenzy that rocked markets during the pandemic.
Bre Bradham and Subrat Patnaik
Fed's Powell: PPI 'mixed', next move unlikely to be a rate hike; Indexes rise: Dow 0.32 per cent, S&P 0.48 per cent, Nasdaq 0.75 per cent.
Australian shares dipped lower on Tuesday as investors continue to tread cautiously before a flood of data comes this week.
WA regenerative medicine company Orthocell has reported a near 100 per cent success rate for its dental bone repair product during a recent clinical study.