Shares in online cosmetics retailer Adore Beauty have tanked more than 16 per cent, with investors unimpressed by the company’s latest trading update.
Danielle Le Messurier
Global Lithium has enjoyed a strong debut on the ASX, listing at a 50 per cent premium to its issue price.
The mining giant has copped an embarrassing ‘first strike’ from shareholders in a protest vote against $60m paid out to three senior executives who parted ways with the miner over the Juukan debacle.
Moody's Investors Service has warned Australia's economic recovery will be hampered if the vaccination rollout remains slow compared to other countries.
The aspiring gas producer’s plans for a $2.3 billion urea plant near Geraldton could pump up to $7.8 billion into the region’s economy over the life of the project.
TPG shares are down sharply as investors react to a senior Teoh camp member’s imminent exit, leaving control of the $10bn telco giant in the hands of Team Vodafone.
Shares have risen to near record highs on increasing confidence in a global economic recovery.
Shares in payments provider Afterpay dropped to less than $100 as investors on the ASX roundly dumped technology stocks.
The company is said to be close to finally buying a shipyard in the former US base of Subic Bay.
Investors are undermining the gold industry’s ability to grow by demanding a bigger share of profits from high prices, according to the CEO of the world’s second-largest producer.
Jeff Bezos sold about $US2.5 billion ($3.3b) of Amazon.com stock, his first big disposal this year after offloading more than $US10b worth of shares in 2020.
SeaLink is continuing to bulk up with a $113m-plus WA acquisition that provides inroads into the resources sector.
Australia’s premier airline has confirmed where its global headquarters will be after dismissing a ‘most likely outcome’.
One of the nation’s major banks has revealed a profit spike but warns some sectors are still being impacted by the pandemic.
The Haousts are selling Go West Tours to listed group SeaLink for $113.5m.
Jittery investors pushed listed technology leader Afterpay into the red on a tough day for the sector with a $19m block of its shares changing hands in a single trade.
Animal spirits are alive and well in the cryptocurrency world, with the frenzy sending Dogecoin surging more than 50 per cent again and crashing Robinhood’s trading app.
Shares on the ASX have closed at their highest level since the COVID-19 crash, and within 100 points of record highs.
National Australia Bank and ANZ — the country’s third and fourth-largest lenders by value — are in talks with Citigroup over the assets, sources report.
Nabila Ahmed and Manuel Baigorri
The corporate watchdog has launched court action against the major bank for alleged insider trading over a major energy deal.
Plans for the $4.5 billion fertiliser plant at Karratha have received a shot in the arm after the private company secured a major, long-term offtake deal with Incitec Pivot.
One of Australia’s major banks has revealed its interim results for the 2021 financial year and its standing among mortgage lenders.
The Kalgoorlie-based success story enjoyed a strong debut on the boards, listing a at big premium to its $1 issue price.
Major miners were back in favour with investors, and BHP and Rio Tinto had sizeable gains, lifting the Australian share market.
© West Australian Newspapers Limited 2020