ASX 200 snaps three day losing streak
Australia’s sharemarket snapped a three-day losing streak on the back of the major miners, as the price of gold and iron ore climbed throughout the trading day.
Companies
ASX 200 climbs as US futures soar
Australian stocks rise into the weekend. US futures soar as Trump government shutdown risks fade but trade tariff fights continue. Banks in the red. Gold miners soar as safe-haven commodity eyes new peak past $US3000 per ounce.
Heartbreak as farmers dump milk en masse
Unbelievable footage shows the heartbreaking moment Aussie dairy farmers were forced to dump hundreds of litres of perfectly good milk.
Chain on brink, $17.5m debt, 320 jobs at risk
A company that offers an essential service and employs more than 320 Aussies has been forced to call in administrators.
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ASX dives to two-month low; Star tumbles as seeks funds
ASX briefly erased its year-to-date gain as tariff fears and risk aversion hit global markets. Star shares drop 15 per cent as it looks at liquidity proposals. Endeavour down as profit falls. Australia Post profit jumps.
Star Entertainment enters into trading halt
The embattled Star Entertainment Group has failed to lodge its half-yearly results with the ASX.
Good news for collapsed retailer’s workers
The federal government will grant early access to money and entitlements owed to thousands of employees of a fashion retail giant that has gone bust.
Qatar’s Virgin buy-in ignites airline turf war
A turf war is looming in the international travel space following approval of Qatar Airways’ investment in Virgin Australia, in an encouraging sign for travellers.
There’s a quiet revolution at the top of Qantas
A financially strong airline is good for customers, just as much as investors. And one subtle change from the Joyce-era has big implications over how Qantas is run.
Qantas bets on big refresh ahead of looming Virgin-Qatar battle
Qantas has revealed how it plans to refresh a tired domestic fleet with just 28 new aircraft on order, as CEO Vanessa Hudson delivered another bumper profit.
Coles, Qantas drive the ASX higher
Market heavyweights Coles, Qantas and Medibank soared on the back of a better than expected reporting season, helping the local sharemarket on Thursday.
ASX ends higher; Gupta biggest Whyalla creditor
Sanjeev Gupta’s GFG Alliance owed $500m from Whyalla collapse. Business investment unexpectedly falls in December quarter. Qantas rewards investors with dividend. Jobs to go as Oceania Glass Dandenong shuts.
Group of Aussies to receive $255
Medibank customers will receive cash back as part of the insurer’s commitment not to profit from the Covid pandemic.
‘Astonishing’ downfall of legendary brand
One of the country’s most popular fast food chains is now in crisis mode thanks to a series of truly astonishing fails and blunders.
Original URL: https://www.heraldsun.com.au/business/companies/page/13