Trade war is back: President Trump threatens Mexico, Canada with tariffs
[ad_1] President-elect Donald Trump announced plans to impose significant tariffs on products from Mexico, Canada and China shortly after taking office on January 20th. Citing concerns about illegal immigration and the fentanyl crisis, President Trump pledged to impose a 25%…
Best Buy misses out on profits as cautious consumers tighten budgets
[ad_1] Best Buy (NYSE: BBY) reported disappointing third-quarter results, citing weak consumer spending and macroeconomic uncertainty ahead of the U.S. presidential election. Revenue decreased to US$9.45 billion, below analysts’ expectations of US$9.63 billion, and adjusted earnings per share (EPS) came…
European automakers reel from tariff threat
[ad_1] European carmakers on Tuesday saw share prices fall across the industry after President-elect Donald Trump announced big tariffs, Stellantis revealed plans to close its historic Luton plant and dissatisfaction with the EU’s tougher emissions rules. surfaced and faced an…
CHESS disruption: A costly journey to ASX modernization
[ad_1] australian stock exchange (ASX:ASX) announced a $445 million budget for a revised attempt to replace the Clearinghouse Electronic Subregister System (CHESS) after the original blockchain-based project failed in 2022. The improved system is scheduled to be rolled out in…
Empire Energy secures $65 million in funding for Beetaloo development
[ad_1] empire energy group (ASX: EEG) has recently made good progress and announced the approval of an environmental management plan and the start of drilling. Today, the company announced that it has entered into a binding letter of commitment with…
Orthocell announces distribution agreement in Singapore
[ad_1] Orthocell (ASX:OCC) has appointed Device Technologies Asia (DT Asia) as the exclusive distributor for its neurorepair device Remplir in Singapore. This will be the product’s first major international expansion beyond Australia and New Zealand, where sales have grown significantly….
Web Travel announces $150 million share buyback amid mixed half-year results
[ad_1] web travel group (ASX:WEB) reported mixed results for the half year ending September 30, 2024, the first reporting period following the demerger of its B2C business. The split, which was completed on September 30, saw Web Travel retain WebBeds’…
Novonix prepares to expand with $44.4 million in funding
[ad_1] novonix (ASX:NVX) has completed a full institutional underwriting of $44.4 million and issued approximately 74.1 million new shares at a price of $0.60 per share. The offering was targeted at institutional and sophisticated investors, had strong support from existing…
PYC Therapeutics advances kidney disease drug to human clinical trials
[ad_1] PYC Therapeutics (ASX:PYC) announced plans to advance its investigational drug candidate, PYC-003, into human clinical trials for autosomal dominant polycystic kidney disease (PKD) in early 2025. This decision follows the completion of preclinical studies demonstrating safety, efficacy, and targeted…
Stocks to watch: Lend Lease, APA Group, Altec Battery
[ad_1] Click here to register for today’s webinar. Lend Lease (ASX:LLC)The annual general meetings of major construction and investment companies have concluded this week and are in the spotlight. Shareholders heard that the company is giving a cautious outlook for…