Qantas Flight Plan Aborted by Omicron
Qantas has warned of a “significant loss” for the December half as its recovering international business has been hit by the rise in global Covid omicron numbers.
Read MoreQantas has warned of a “significant loss” for the December half as its recovering international business has been hit by the rise in global Covid omicron numbers.
Read MoreWhile Covid-driven lockdowns saw the New Zealand economy shrink by a near record 3.7% September quarter, this wasn’t as bad as some had forecast.
Read MoreThe RBA maintains that the dramatic change to US Federal Reserve monetary policy announced yesterday will have no impact on its own policy plans for 2022.
Read MoreAs Covid case numbers rebound across the country – especially in NSW and South Australia – we are getting constant reminders of the continuing dangers from the virus.
Read MoreQantas has delivered a major blow to Boeing and its 737 series of jets by choosing Airbus as the preferred supplier to replace its domestic passenger fleet.
Read MoreThe ACCC has greenlit Woodside Petroleum’s proposed acquisition of BHP Petroleum.
Read MoreThe US Federal Reserve has made a dramatic change to its monetary policy – much more dramatic than any forecaster had predicted.
Read MoreThe final part of China’s November economic data dump yesterday showed another weakening in investment and retail sales but a small gain for industrial production.
Read MoreA shock 20% plus slump in China’s November production data from a year earlier may well take the recent gusts of favourable winds out of iron ore’s sails.
Read MoreWestpac chair John McFarlane apologised to shareholders after poor recent financial results raised serious questions about the bank’s ability to control its costs.
Read MoreWesfarmers’ decision yesterday not to sell its 19% stake in API is seen by most market pundits as effectively being a blocking move against the bid from rival Woolworths.
Read MoreNervous times for Afterpay shareholders as the value of the Block deal continues to slide as it awaits final approval from the sole remaining regulator, the Bank of Spain.
Read MoreNoront Resources is willing to talk to its new highest-priced suitor Wyloo Metals, the company controlled by Fortescue Metals chair Andrew Forrest.
Read MoreCovid’s Omicron variant emergence will see global oil demand slow by 100,000 barrels per day for the rest of 2021 and 2022 according to the IEA’s latest forecasts.
Read MoreBig global investors have cut their holdings of equities to a yearly low and lifted their cash holdings ahead of some key central bank decisions this week.
Read MoreAn upbeat December business survey from the NAB yesterday says the economy is well placed to perhaps grow a little faster in 2022, despite the new Omicron variant of Covid.
Read MoreCSL announced late Tuesday that it has struck a deal to buy Swiss-based Vifor Pharma Ltd for $A16.4 billion, its biggest deal since listing in 1994.
Read MoreShares in Woolworths were whacked hard on Tuesday after the company revealed a shock first half earnings downgrade because of soaring Covid-related costs.
Read MoreRio Tinto has agreed to write off Mongolia’s outstanding $US2.3 billion debt for its share of the cost of developing the Oyu Tolgoi copper-gold project.
Read MoreThe New Zealand government has revamped its support for Air New Zealand by a further $NZ500 million and extended the repayment date by almost three years.
Read MoreAll eyes will be on the board of Canada’s Noront Resources to see their reaction to the increased offer price from Andrew Forrest’s Wyloo Metals.
Read MoreRamsay Healthcare has gone back to the UK private health sector with a very different and lower priced expansion idea, announcing a $1.4 billion purchase of Elysium Healthcare.
Read MoreThe market breathed a sigh of relief yesterday on news that Orica had finally offloaded Minova, which had haunted the company’s balance sheet for a decade and a half.
Read MoreBHP told the ASX on Monday the two sides were unable to reach agreement on Wyloo, which owns 37.5 per cent of Noront, supporting a takeover by BHP.
Read MoreAfter weeks of speculation that CSL was looking to bid for Swiss pharma firm Vifor, the companies have today confirmed they are in talks.
Read MoreCommodities ticked over last week as oil rebounded strongly, gold finished a smidge higher and zinc, copper and lead saw solid gains.
Read MorePlenty for investors to consider across the spectrum and it will be another busy week for the market to grapple with as we head to the final throes of 2021.
Read MoreThe 2022 global economic outlook will be set this week by two events: China’s efforts to stabilise its economy and the final meeting of the US Fed for the year.
Read MoreAs China’s property crisis continues to widen and the economy bumbles along in low gear, the country’s top policymakers have made it clear they will not allow any slump to harm the broader economy in 2022.
Read MoreJust three weeks to go in 2021 and it looks like markets are recovering some of their poise that was rattled by Covid Omicron and inflation jitters.
Read MoreChina’s property crisis has finally arrived after Fitch Ratings declared the giant Evegrande and smaller rival Kaisa Group in default on US dollar bond interest payments.
Read MoreIf the global trading system is still being buffeted by problems, how then have China and the US just revealed all-time monthly highs for exports and imports?
Read MoreIt is a dangerous moment for markets when just one stock has the weight of investor expectations riding on it, as seems to be the case right now with Apple.
Read MoreThe sharp slide in the Westpac share price has forced it to alter the terms of its $3.5 billion buyback to cover the possibility that it will buy more shares than originally planned.
Read MoreSoaring vegetable prices drove China’s consumer price inflation sharply higher in November just as producer prices showed signs of plateauing.
Read MoreWas it clean-up day at the ACCC yesterday or a belated Black Friday sale, with three corporate deals given the green light after hanging round for a while?
Read MoreChina’s sales of new-energy vehicles (NEVs) are headed for an all-time high of more than 3.2 million in 2021 after another solid month of sales in November.
Read MoreIn its final legal action resulting from the 2019 Royal Commission, ASIC has launched legal action against ANZ Bank after it failed to pass on financial benefits to clients.
Read MoreNZ healthcare and pet food group EBOS is buying medical devices business Lifehealthcare, and is asking shareholders to meet a good chunk of the cost via a capital raising.
Read MoreThe market liked what it heard from Woodside Petroleum on Wednesday about the headline $5 billion spend figure earmarked for its green ambitions in future years.
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