IMCD publishes convocation for its upcoming Annual General Meeting

Yahoo Finance AU
Woolworths worker rages about note posted in lunchroom on company profit: 'Like we are falling for that'
The worker felt compelled to publish the memo because 'we all felt ripped off'.
2 days ago
Yahoo Finance AU
Westpac's major move on branches as regional Aussies suffer with bank and ATM closures
The bank admits customers in regional Australia face 'unique challenges' and want to protect them as much as possible.
15 hours ago
Reuters
Trump raises stake in his media firm to nearly 65%
The former U.S. president and Republican presidential candidate secured 36 million shares of Trump Media & Technology Group (TMTG), increasing his stake from 57.6% as of March. Reuters reported last week that Trump would secure a stock bonus worth $1.3 billion from TMTG, equivalent to about half the majority stake he already owns in it, thanks to the wild rally in its shares. The bonus also reflects the exuberant trading in TMTG's shares, which have been on a roller coaster ride since the company listed on Nasdaq last month through a merger with a special purpose acquisition company (SPAC) and was snapped up by Trump supporters and speculators.
23 hours ago
Reuters
Australian retailer Woolworths to sell $303 million stake in Endeavour Group
(Reuters) -Australian retailer Woolworths said on Wednesday that it would sell a 5% stake worth A$468 million ($302.84 million) in Endeavour Group, almost three years after spinning out the liquor store and pub operator. The sale will happen via a block trade at a price of A$5.22 per share, Australia's largest supermarket operator said, adding that it would now own about 4.1% of Endeavour, which it spun out as a separate company in 2021. Shares of Woolworths slipped 0.4%, while those of Endeavour were down 5% in early trade.
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Bloomberg
Bitcoin Faces Worst Month Since FTX Crash With ETF Demand Cooling
(Bloomberg) -- Bitcoin registered its worst month since the collapse of Sam Bankman-Fried’s FTX empire as the euphoria around US exchange-traded funds for the largest digital asset subsides. Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsBinance and CZ’s Fortunes Are Set to Grow, Even in JailWall Street Hit by Fed Jitters to Close Wild April: Markets WrapTesla Soars on Tentative China Approval for Driving SystemStocks Trade for 390 Minutes a Day. Increasingly,
a day ago
Yahoo Finance AU
Fast-growing Aussie bank starts major overhaul as all branches lose cash ahead of 'digital only' deadline
Macquarie Bank customers only have a few weeks left to access over the counter services.
15 hours ago
Yahoo Finance AU
Commonwealth Bank pushes back interest rate cut prediction in devastating warning to Aussie borrowers
The Commonwealth Bank was the only of the big four still forecasting a cut in September, but now borrowers are being warned to 'plan for a hike'.
2 days ago
Reuters
As BHP weighs firm bid for Anglo, investors fret over cherry-picking assets
BHP Group can't cherry pick Anglo American assets without paying a hefty premium, Anglo investors told Reuters, concerned that they stand to lose heavily by holding shares in South African subsidiaries. The world's No. 1 miner is weighing up its next move after its initial $39 billion takeover proposal for smaller rival Anglo was rejected last week. BHP has proposed that Anglo sell its shares in units Anglo Platinum (Amplats) and Kumba Iron Ore as an option to exit the South African assets it doesn't want included in the deal.
2 days ago
Simply Wall St.
Shareholders in PRL Global (ASX:PRG) are in the red if they invested five years ago
Ideally, your overall portfolio should beat the market average. But every investor is virtually certain to have both...
36 minutes ago
Bloomberg
Tesla Gives Back Some of $82 Billion Gain From Tentative China Deal
(Bloomberg) -- Tesla Inc. gave back some of its $82 billion gain in market value as several analysts questioned just how meaningful it is that Chief Executive Officer Elon Musk secured tacit approval to offer driver-assistance features in China.Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsBinance and CZ’s Fortunes Are Set to Grow, Even in JailWall Street Hit by Fed Jitters to Close Wild April: Markets WrapTesla Soars on Tentative China Approval for Driving S
a day ago
Bloomberg
Wall Street Hit by Fed Jitters to Close Wild April: Markets Wrap
(Bloomberg) -- The stock market sank in the final stretch of April and bond yields climbed on concern that stubborn inflation will force the Federal Reserve to keep interest rates higher for longer.Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketNYC Police Break Up Columbia Protest and Clashes Erupt at UCLAAmazon Posts Strongest Cloud Sales Growth in a Year on AI DemandPot Stocks Surge on Report DEA Set to Reclassify MarijuanaBinance Founder Changpeng Zhao Gets F
a day ago
Reuters
JGB yields rise with US peers, yen steady as Fed outcome awaited
The yen was steady at 157.87 per dollar following two days of volatile trade that saw it tumble beyond 160 for the first time in 34 years and then spring back as far as 154.40 in what now looks almost certain to have been intervention by Japanese authorities. The 10-year JGB yield rose 2 basis points to 0.89% as of 0543 GMT on Wednesday, recouping some ground lost the previous day, when it fell as low as 0.865%. Monday was a national holiday in Japan, forcing local investors to catch up with two days of declines for U.S. yields.
14 hours ago
Bloomberg
Cocoa Prices Swing Wildly as Liquidity Overshadows Supply Issues
(Bloomberg) -- The cocoa market was whipsawed by extreme volatility in the futures market on Tuesday amid a lack of liquidity.Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsBinance and CZ’s Fortunes Are Set to Grow, Even in JailWall Street Hit by Fed Jitters to Close Wild April: Markets WrapTesla Soars on Tentative China Approval for Driving SystemPot Stocks Surge on Report DEA Set to Reclassify MarijuanaAfter more than doubling this year, futures traded in Ne
a day ago
Reuters
Wall Street stocks fall as markets weigh strong wage data, Fed meeting
U.S. stocks ended lower on Tuesday as markets weighed economic data showing rising labor costs and deteriorating consumer confidence on the day of a key Federal Reserve policy meeting to decide the direction of interest rates. Data showed on Tuesday that U.S. labor costs rose by a more-than-expected 1.2% last quarter, indicating an uptick in wage pressures. A survey also found that U.S. consumer confidence worsened in April, dropping to its lowest level in more than 1-1/2 years.
a day ago
PA Media: UK News
Home-buyer mortgage approvals jump to highest level since September 2022
Home sales across the UK also increased in March, for the third month in a row.
a day ago
Simply Wall St.
Shareholders in St Barbara (ASX:SBM) are in the red if they invested five years ago
It is doubtless a positive to see that the St Barbara Limited ( ASX:SBM ) share price has gained some 65% in the last...
2 days ago
The Daily Beast
Binance Founder Gets 4 Months Behind Bars for Money Laundering
Pedro Fiuza/NurPhoto via Getty ImagesThe founder of the world’s largest cryptocurrency exchange has been sentenced to four months in prison for allowing money launderers to operate virtually unchecked on his platform.Changpeng Zhao pleaded guilty to one count of failing to take required anti-money-laundering measures last November, the same month he resigned from Binance. The company has since agreed to pay a $4.3 billion fine in federal court to settle a lawsuit brought last June by the Commodi
a day ago
Reuters
UPDATE 2-PayPal lifts 2024 profit forecast, execs focus on branded checkout growth
PayPal executives on Tuesday emphasized plans to reignite growth in branded checkout products that have struggled in recent years as big tech expanded market share, after the payments firm raised its forecast for full-year adjusted profit. The company's stock had struggled last year on fears that the entry of Apple and Alphabet's Google in digital payments could take away a big chunk of PayPal's mainstay business. PayPal's unbranded businesses have grown, but weakness in its branded business such as Venmo has been central to investor anxieties.
a day ago
Bloomberg
Saudi Chemical Giant’s Profit Slumps as Pressures Persist
(Bloomberg) -- Saudi Arabia’s top chemicals company reported a 62% drop in year-on-year profit as weak demand puts the industry under stress. Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesUS and Saudis Near Defense Pact Aimed at Reshaping Middle EastThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire EconomyLilly Soars as Forecast Boost Shows Weight-Loss Drugs’ PowerSaudi Basic
7 hours ago
Yahoo Finance Video
Fed's higher-for-longer environment is 'deceptively simple'
According to the latest ADP private payroll data, the US added 192,000 new private sector jobs in April, a decrease from the 208,000 jobs added in March. With the jobs report looming on Friday, ADP Chief Economist Nela Richardson offered her insights on the labor market ahead of the Federal Reserve's pivotal policy decision. Richardson compared the Fed's current stance to a one-legged "tree pose," describing the situation as appearing "deceptively simple" on the surface. However, she cautions that while the Fed can keep interest rates elevated for an extended period, the longer they hold, the more pressure the central bank will face from Wall Street and consumers, making it "harder to maintain the position." Richardson says the Fed considers "the distribution of their policy effects" and that wage growth will play a crucial role. Highlighting a scenario detrimental to the "big picture monetary policy" objective, Richardson is concerned for low-income workers, burdened by rising inflation and soaring prices: "Their pay is not keeping up," she says. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
5 hours ago

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IMCD publishes convocation for its upcoming Annual General Meeting

Latest stories

Woolworths worker rages about note posted in lunchroom on company profit: 'Like we are falling for that'

Westpac's major move on branches as regional Aussies suffer with bank and ATM closures

Trump raises stake in his media firm to nearly 65%

Australian retailer Woolworths to sell $303 million stake in Endeavour Group

Bitcoin Faces Worst Month Since FTX Crash With ETF Demand Cooling

Fast-growing Aussie bank starts major overhaul as all branches lose cash ahead of 'digital only' deadline

Commonwealth Bank pushes back interest rate cut prediction in devastating warning to Aussie borrowers

As BHP weighs firm bid for Anglo, investors fret over cherry-picking assets

Shareholders in PRL Global (ASX:PRG) are in the red if they invested five years ago

Tesla Gives Back Some of $82 Billion Gain From Tentative China Deal

Wall Street Hit by Fed Jitters to Close Wild April: Markets Wrap

JGB yields rise with US peers, yen steady as Fed outcome awaited

Cocoa Prices Swing Wildly as Liquidity Overshadows Supply Issues

Wall Street stocks fall as markets weigh strong wage data, Fed meeting

Home-buyer mortgage approvals jump to highest level since September 2022

Shareholders in St Barbara (ASX:SBM) are in the red if they invested five years ago

Binance Founder Gets 4 Months Behind Bars for Money Laundering

UPDATE 2-PayPal lifts 2024 profit forecast, execs focus on branded checkout growth

Saudi Chemical Giant’s Profit Slumps as Pressures Persist

Fed's higher-for-longer environment is 'deceptively simple'