Morning business roundup
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Australian Market Report: The S&P/ASX 200 rose 47 points, or 0.5 per cent, to 9175.30, a new all-time high, with technology shares again driving the advance. The Australian dollar was trading at US71.29¢ at 4.22pm AEDT..... [more]
U.S. Market Report: The Nasdaq led losses on Thursday, as a recent rally in technology stocks lost steam, with Nvidia's stellar results failing to enthuse investors and reigniting worries over the AI trade..... [more]
European Market Report: European stocks were mixed in lackluster trade on Thursday as uncertainty over U.S. trade policy and geopolitical risks offset Nvidia's strong earnings..... [more]
Asian Market Report: Asian stocks advanced on Thursday as Nvidia's earnings results quelled fears over massive AI spending and AI-driven disruptions..... [more]
Reserve Bank governor Michele Bullock says she does not think inflation is taking off again, and it is unclear whether the RBA should raise or lower the official interest rate from here as the economy starts to recover..... [more]
Industry funds urge ASIC to reclassify stamp duty.... [more]
The story of Helia (ASX: HLI) has been a rather complicated one. If I had to summarise the story so far in one sentence – Helia is a well-capitalised lenders mortgage insurance companythat has lost several major customers,.... [more]
Company formerly known as Pilbara Minerals near record as Zimbabwe stops exporting lithium.... [more]
Corazon Mining is ticking off the final regulatory boxes ahead of maiden drilling at its Two Pools gold project in Western Australia’s Gascoyne region..... [more]
Mont Royal Resources has received an extension of the conditional funding approval of up to C$2.6m to advance the Southern access road strategy for its Ashram rare earths and fluorspar project in Canada..... [more]
Southern Hemisphere, FMR drilling zeroes in on Chilean porphyry prize.... [more]
On the same day as $20 million in grants were handed out to producers and processors impacted by the live sheep export ban, the operators of a Great Southern abattoir have revealed it will temporarily shut down..... [more]
Qantas hikes payout 20% with spotlight on extracting value from new aircraft. There's constructive signs for Qantas, but it must prove it can manage competition while staying disciplined on costs and capacity..... [more]
Qantas shares fall more than 6 per cent after first-half profit announced.... [more]
Rocket Lab USA Inc. (RKLB) approaches its Q4 2025 earnings announcement on February 26 with investors focused on two critical factors: the company’s ability to maintain margin improvements and clarity on the Neutron rocket.... [more]
Class action payouts and a dip in market share following two people being given the wrong embryo has hit the bottom line at fertility giant Monash IVF. Posting half-year financial results on Thursday, .... [more]
The Calmer Co International Ltd (ASX:CCO) has signed a 24-month Master Supply Agreement with a US-based functional beverage company to supply premium CO₂-extracted kava ingredients.... [more]
Woolworths reports 16% jump in profits as ACCC prepares legal action over ‘illusory’ discounts.... [more]
Comment - Mark LaMonica: What if you don’t have enough to retire? 4 steps to stretch your retirement savings..... [more]
For the first time since 2022, average US long-term mortgage rate dips below 6%.... [more]
State Farm announces $5 billion dividend; $100 average refund coming to car insurance customers.... [more]
What to know about Defense Protection Act and the Pentagon’s Anthropic ultimatum.... [more]
Anthropic has reached a familiar crossroads for a growing tech company: how to scale without compromising the principles that set it apart. The AI company has made safety its guiding principle..... [more]
Walmart Inc. has agreed to pay $100 million to settle allegations from the U.S. Federal Trade Commission that the retailer caused its delivery drivers to lose tens of millions of dollars’ worth of earnings by deceiving them about their pay.... [more]
Papa Johns is the latest pizza chain to close hundreds of locations following a tough quarter as customers pull back on spending. The company revealed during Thursday’s earnings call that approximately 300 underperforming restaurants.... [more]
eLong Power stock tumbles 55% on dilutive public offering.... [more]
Spirit Airlines, which had been in danger of going out of business due to ongoing losses and two bankruptcy filings, has reached a deal that will allow it to survive, albeit as a smaller company..... [more]
Lawsuit over $21 million donor-advised fund highlights risks of DAF giving.... [more]
Brazilian digital bank Nubank's profit rises 50% in Q4 on customer growth.... [more]
World Economic Forum head Børge Brende said Thursday that he is stepping down after facing pressure over his contacts with Jeffrey Epstein. Brende, a former Norwegian foreign minister.... [more]
Chip giant Nvidia defies AI concerns with record $215bn revenue.... [more]
The number of young people in the UK not working or in education has risen closer to a million, figures show, as a government adviser warned that for the first time in a century parents do not think their children will have a better life.... [more]
Sainsbury’s puts 300 jobs at risk amid head office restructure.... [more]
Ocado to cut 1,000 jobs in £150m cost-saving drive. Retail technology business to reduce about 5% of global workforce, with two-thirds of job losses affecting UK.... [more]
The rouble is set to tumble by nearly a quarter this year after the government, faced with falling energy revenues, announced plans to save more money in a yuan-denominated fiscal reserve fund, a top Russian banker and analysts.... [more]
Huawei Technologies is aiming for a major international comeback with the overseas release of its latest flagship smartphone, the Mate 80 Pro, alongside a new smartwatch and the addition of a “wheelchair mode”.... [more]
Why Bangladesh just fired the man who saved its economy. Replacing technocrat who restored confidence with a business-minded accountant is a gamble the country likely shouldn’t take.... [more]
India's markets regulator on Thursday overhauled rules for mutual funds, introducing newer categories of schemes, curbing portfolio overlaps and allowing more exposure to gold and silver..... [more]