by dellons | Apr 30, 2020 | Business News
World stocks are heading for their best month on record as encouraging early results from a COVID-19 treatment trial and expectations of more European Central Bank (ECB) stimulus help ease the pain of February and March. Europe saw a cautious start on Thursday, with...
by dellons | Apr 30, 2020 | Business News
Australia’s largest car dealership chain says it laid off 1,200 employees last month as an initial response to the COVID-19 pandemic and associated lockdowns. Its 229 new car dealerships in Australia are operating as an essential service but with reduced...
by dellons | Apr 30, 2020 | Business News
Investors turning to safe-haven bullion and soaring demand for scrap metal helped push Australian export prices higher during a COVID-affected March quarter, but this was offset by softer petrol demand amid widespread lockdowns. The nation’s export price index...
by dellons | Apr 30, 2020 | Business News
Australia’s largest listed goldminer has announced a $1.1 billion equity raising, in part to fund its $US460 million ($A703 million) further stake in a goldmine in southeast Ecuador. Newcrest Mining’s capital raising consists of a $1 billion institutional...
by dellons | Apr 29, 2020 | Business News
Fortescue Metals has hiked its annual iron ore shipments forecast after it reported a 10 per cent rise in third-quarter shipments and said it had managed to keep a lid on costs amid the coronavirus pandemic. The company, one of the big four global iron ore miners, has...
