Orica focused on Asia after loss
High gas prices remain a problem for Australian manufacturers, with Orica moving to give itself new import options.
Orica
ASX up 1.9%, best day in 10 months
Stocks rally 1.9 per cent cent, led by mining and banking companies including BHP and Westpac. It was the best day in 10 months. S&P 500 and iron ore futures up, suggesting another strong US session.
Orica’s Minova sale ready to blast off
Orica is said to be pushing on with the sale of its commercial explosives and blasting systems business Minova.
Calderon takes charge of AngloGold Ashanti
Former Orica boss Alberto Calderon will lead AngloGold Ashanti after a year of uncertainty at the gold major.
Buyer interest booming in Orica’s explosives business
Dywidag Systems International, otherwise known as DSI, is believed to be circling Orica’s commercial explosives and blasting systems business, Minova.
Orica tipped as bidder for Chemours unit
Sanjeev Gandhi could be plotting his first big move as Orica CEO, with speculation of a bid for a sodium cyanide producer.
Blow-up over explosives as Russian duties dropped
Australia’s explosives and fertiliser majors could face increased competition from Russian imports after the ditching of anti-dumping measures.
How India’s COVID crisis could hit Aussie coal
Pressure on India’s government in the face of the severe COVID crisis gripping the country poses fresh risks to Australia’s coal exports, says industry boss.
Tech rout leads ASX 200 fall; iron ore fall hits miners
Australia’s share market suffered its biggest 3-day fall since January as US rate rise fears hit global markets, Xero disappointed on earnings and guidance and plunging iron ore miners knocked the big miners.
Private equity lures the C-suite
Last week Orica CEO Alberto Calderon followed the stream of high-ranking executives joining private equity firms or creating new ones.
ASX takes $51bn hit on worst day in 6 months
Australia’s sharemarket followed Wall Street’s sharp fall as the ‘bondcano’ erupted, losing $51bn on Friday, with stocks like Afterpay and Orica tumbling.
The numbers behind a standout profit season
It’s been the best earnings season in six years. The better-than-expected numbers have significantly changed expectations.
Orica takes a hit on CEO exit, poor outlook
Orica names a successor to CEO Alberto Calderon as it cites China blacklists while slashing its earnings outlook.
Raising productivity is key
Governments now have the political licence to spend unprecedented allocations of public funding and can take advantage of low interest rates.
China coal ban hits Orica supplies
Orica has called on the Morrison government to repair its fragile trade relationship with China.
Biden ‘could fix Australia-China relationship’
Explosives giant Orica hopes US President-elect Joe Biden proves a ‘circuit breaker’ to the souring trade relationship between Australia and China.
‘Australia needs a kickstart’
We need to urgently increase productivity and stimulate private investment via fiscal policy, says Orica chief Alberto Calderon.
Virus halves Orica payout
Explosives major Orica has halved its final dividend after statutory earnings fell 31 per cent on the back of the coronavirus crisis.
Aussie firms on climate hit-list
The green pressure group wants the biggest emitters to take action to cut greenhouse gas emissions in line with the Paris agreement.
Big employers beg Andrews to reopen
Melbourne’s most powerful corporate bosses write to Daniel Andrews to demand faster path to returning to work.
Original URL: https://www.theaustralian.com.au/topics/orica/page/3