Guzman Y Gomez says it is taking a disciplined approach to opening 1000 stores in Australia after ambitious plans to conquer the US market flopped.
Cheyanne Enciso
Oil prices have gained strength after the US waived sanctions on Iran, while Asian stocks have mostly eased in early trade.
Gregor Stuart Hunter
Labor’s controversial tax reforms have won crossbench support from the very party that branded them a generational failure.
Nathan Schmidt
Iluka Resources has inked its first offtake deal with a mystery buyer for rare earths from its under-construction refinery at Eneabba as it closes in on commissioning by the middle of next year.
Daniel Newell
WiseTech has insisted the tech giant is unaware of any Australian Federal Police investigation into its founder and executive chairman, Richard White.
US stocks have closed mostly lower as investors assess progress in the latest round of negotiations involving the United States and Iran.
Abigail Summerville, Twesha Dikshit and Joel Jose
The ASX 200 has ended the day relatively flat as technology stocks plummeted and the price of oil fell amid US-Iran peace talks.
Angie Raphael
Malaysian regulators have reportedly rejected plans for Lynas Rare Earths to expand its all-important refinery.
Adrian Rauso
“My clients are steaming, and so am I, because I’ve lost a pile of dough,” Shaw and Partners adviser Tony Mitchell tells Fleetwood management.
Sean Smith
One of the nation’s major poultry producers, Inghams, has locked down its WA operations after H5N1 avian influenza was detected in two wild birds in Esperance.
The owner of the WesTrac Caterpillar franchise told investors the buyback “will not constrain SGH’s ability to continue investing in its businesses or to pursue inorganic growth at scale”.
Prime Minister Anthony Albanese will decide whether to extend the fuel excise beyond the end of the month in the coming days.
Emma Kirk
A $US2bn blowout in a major BHP project has delivered the mining giants its worst single-day share fall in months, sending the broader ASX tumbling.
Samina Rakhshani and Cameron Micallef
Lithium major PLS will spend $175 million to lay the groundwork for an expansion of its flagship Pilbara mine amid renewed hype for the battery metal.
Shares in BHP have tumbled after revealing another multi-billion-dollar cost blowout to build its giant Jansen potash mine in Canada.
US stocks have closed higher as investors cheered news of a peace deal between the United States and Iran.
Sinéad Carew and Twesha Dikshit
Shares in Emeco have plunged after it tempered earnings expectations by warning investors of a softer-than-expected end of the financial year, partly blamed on war in the Middle East.
SpaceX’s valuation reflects the lack of shares available for sale and specualtive mania gripping markets more than its financial accounts or operating performance.
Tom Richardson
The Dow Jones Industrial Average has fallen 507.12 points, or 0.98 per cent, to 51,492.55 after two straight sessions of record-high closing levels.
Sinéad Carew and Sruthi Shankar
Three words from US President Donald Trump have sent oil prices tumbling to a three-month low while energy stocks dropped into the red zone on the ASX.
Crude has fallen below $US80 and bond yields are lower on optimism about Iranian oil hitting the market, while stocks have been steady as chip selling eases.
Tom Westbrook and Danilo Masoni
A government decision to raise travel advice for the Middle East could provide a tailwind for a major travel company, after it downgraded its 2025/56 earnings.
Kaaren Morrissey
US stocks have closed mostly lower as investors monitored developments ahead of a planned US-Iran peace deal ceremony.
