MELBOURNE (Reuters) – Australia’s Fortescue Metals Group sees green hydrogen production in Texas as likely to be one of five key projects its energy division will decide to invest in this[...]
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Australia
Australia’s CBA posts record HY profit, outlook hits shares
By Praveen Menon and Savyata Mishra (Reuters) -Rising interest rates helped Commonwealth Bank of Australia deliver record profits on Wednesday, but shares of the lender dropped on headwinds facing its[...]
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Stocks, dollar make little progress, after U.S. inflation data
By Sinéad Carew (Reuters) – The S&P 500 ended Tuesday’s volatile session slightly lower while the dollar was barely higher on Tuesday after data showed U.S. consumer inflation stayed s[...]
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Dollar hits six-week high vs yen; rises from two-week low after U.S. inflation data
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar hit a six-week high against the yen and recovered from a roughly two-week low against a basket of major currencies on Tuesday as data[...]
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Britain sets out legislation to regulate buy-now-pay-later credit
By Huw Jones LONDON (Reuters) -Britain on Tuesday set out draft legislation to regulate “buy now pay later” (BNPL) credit, saying the sector posed potential harm to consumers without thoro[...]
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Australia’s iron ore giants face earnings, dividend plunge
By Himanshi Akhand and Melanie Burton BENGALURU/MELBOURNE (Reuters) – Australia’s iron ore giants BHP Group, Rio Tinto and Fortescue are set to report a steep drop in their earnings, which[...]
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Shares rise, bond yields dip ahead of U.S. inflation data
By Sinéad Carew and Amanda Cooper NEW YORK/LONDON (Reuters) – Wall Street equity indexes closed up more than 1% on Monday and U.S. Treasury yields slipped as investors bet that key U.S. economic[...]
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Star Entertainment warns of up to $1.1 billion earnings hit, shares plumb record low
By Savyata Mishra (Reuters) -Australia’s Star Entertainment Group on Monday warned of an up to A$1.6 billion ($1.11 billion) impairment charge in first-half earnings from a proposed casino duty[...]
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Australia’s Aurizon cuts earnings forecast on prolonged wet weather
(Reuters) – Australia’s Aurizon Holdings on Monday reported a 34% fall in its first-half underlying profit and slashed its annual core earnings forecast, as prolonged wet weather and a der[...]
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