Page 13 - Rishav Chatterjee News Today

Australian shares snapped a three-day losing streak to end higher on Tuesday, reflecting strength from miners and energy companies, which offset a drag in healthcare and consumer stocks. ...

The Monetary Authority of Singapore on Tuesday launched a public consultation on its proposal to streamline the regulatory framework for fund managers.... -October 24, 2023 at 05:20 am EDT - MarketScreener

By Rishav Chatterjee (Reuters) - Shares in AMP touched a more than two-month low on Wednesday, after the Australian wealth manager flagged lower growt...

Shares in AMP touched a more than two-month low on Wednesday, after the Australian wealth manager flagged lower growth expectations for the rest of the year and a fall in annual margins as high...

Qantas Airways will drop its A$611 million ($387 million) plan to buy out charter flight operator Alliance Aviation Services, the companies said on Thursday, months after Australia's competition regulator blocked the deal. The Australian Competition and Consumer Commission (ACCC) had in April denied authorisation for the acquisition, saying the deal was likely to push prices up and service quality down. "The attempted takeover of Alliance was never going to be an easy endeavour given...

Rio Tinto reported a rise in quarterly output across its copper and aluminum portfolios on Tuesday, sending its shares 3% higher, even as the miner cut its annual estimate for the Canadian iron ore...

U.S.-based miner Albemarle said it had dumped a A$6.6 billion buyout bid for Australian lithium developer Liontown Resources , in part because of growing complexities around the transaction. ...

MELBOURNE (Reuters) -U.S.-based miner Albemarle said it had dumped a A$6.6 billion ($4.16 billion) buyout bid for Australian lithium developer Liontown Resources, in part because of "growing complexities" around the transaction. Albemarle has withdrawn its indicative proposal, the companies confirmed in separate statements that came days after Hancock Prospecting, an iron ore miner controlled by Australia's richest person, Gina Rinehart, raised its stake to 19.9% of Liontown. Th...

Australian lender Westpac said on Monday it has tapped Ampol chairman Steven Gregg to take over as chairman, replacing veteran banker John McFarlane who will complete his term on Dec. 14. ...

(Reuters) -Australian lithium producer Liontown Resources on Monday said its suitor, U.S.-based Albemarle, has dumped a A$6.6 billion ($4.16 billion) ...