Page 46 - Sameer Manekar News Today

Accounts to provide interest rate of 1% per year Got licence to provide debit cards, financial product advice July 20 (Reuters) - Afterpay Ltd (APT.AX) will launch its banking app in October to widen its offerings beyond buy now, pay later (BNPL) services for its 3.5 million-plus Australian users as competition intensifies, the company said on Tuesday. The move by Afterpay into banking will test the reach of its relationship with users after a year of explosive growth that saw more people choos...

UPDATE 3-Vulcans German unit signs to sell lithium to South Koreas LG Chem Reuters 11 hrs ago (Adds quotes from head of German ops) Popular Searches By Melanie Burton and Ilona Wissenbach MELBOURNE, Australia, July 19 (Reuters) - Australia-listed lithium miner Vulcan Energy Resources said on Monday it had signed a long-term deal to sell lithium hydroxide from its German project to the battery unit of South Koreas LG Chem . Vulcan, which will extract lithium from geothermal brine via its 1.7 b...

3 Min Read MELBOURNE, Australia (Reuters) -Australia-listed lithium miner Vulcan Energy Resources said on Monday it had signed a long-term deal to sell lithium hydroxide from its German project to the battery unit of South Korea’s LG Chem. Vulcan, which will extract lithium from geothermal brine via its 1.7 billion euro ($1.4 billion) project, said the five-year deal could be renewed for five more years. The contract is expected to be finalised by the end of November. Vulcan’s process for e...

Bad weather hits Rio Tintos qtrly iron ore exports ahead of results bonanza Reuters 7 hrs ago © Reuters/David Gray Train loaded with iron ore can be seen near Fortescue Solomon iron ore mine located in the Valley of the Kings MELBOURNE (Reuters) -Rio Tinto reported a 12% fall in quarterly iron ore shipments on Friday after storms affected its West Australian operations, but is expected to report bumper results this month on soaring prices for the steel raw material. Popular Searches Rio sa...

By Reuters Staff 3 Min Read MELBOURNE (Reuters) -Rio Tinto reported a 12% fall in quarterly iron ore shipments on Friday after storms affected its West Australian operations, but is expected to report bumper results this month on soaring prices for the steel raw material. FILE PHOTO: A train loaded with iron ore can be seen near the Fortescue Solomon iron ore mine located in the Valley of the Kings, south of Port Hedland, in the Pilbara region of Western Australia December 2, 2013. REUTERS/Dav...

Australias Spark Infrastructure gets $3.7 billion buyout offer Reuters 2 hrs ago July 15 (Reuters) - Australias Spark Infrastructure Group said on Thursday it has received a buyout proposal from private equity firm KKR & Co Inc and Ontario Teachers Pension Plan Board, valuing the electricity infrastructure investor at A$4.91 billion ($3.67 billion). Spark shareholders will get A$2.80 for each share they own, a nearly 13% premium to the stocks last traded price of A$2.48 on Wednesday. ($1 = 1....

By Reuters Staff 2 Min Read (Reuters) - Australian retail conglomerate Wesfarmers Ltd on Monday lobbed a A$680 million ($509 million) indicative bid for pharmacy chain Australian Pharmaceutical Industries (API), its first foray into the sector. Wesfarmers, the owner of the Bunnings hardware and Officeworks chains, said API would form the basis of a new healthcare division and give it a base “to invest and develop capabilities in the health and wellbeing sector.” API shares jumped 20% in ear...

Reuters 2 minute read A mostly empty domestic terminal at Sydney Airport is seen after surrounding states shut their borders to New South Wales in response to an outbreak of the coronavirus disease (COVID-19) in Sydney, Australia, December 21, 2020. REUTERS/Loren Elliott/Files SYDNEY, July 8 (Reuters) - A consortium led by Macquarie Group (MQG.AX) is considering an offer for Sydney Airport Holdings (SYD.AX), in a potential challenge to a A$22.3 billion ($16.7 billion) bid already on the table,...

Australia’s Macquarie weighs rival bid for Sydney Airport – Bloomberg News A mostly empty domestic terminal at Sydney Airport is seen after surrounding states shut their borders to New South Wales in response to an outbreak of the coronavirus disease (COVID-19) in Sydney, Australia, December 21, 2020. REUTERS/Loren Elliott/Files July 8, 2021 SYDNEY (Reuters) – A consortium led by Macquarie Group is considering an offer for Sydney Airport Holdings, in a potential challenge to a A$22.3...

Message : Required fields (Reuters) - German lender Deutsche Bank said on Tuesday it launched a new set of foreign exchange (FX) indexes to track 21 emerging market (EM) currencies, indicating a growing relevance and importance of developing markets in the global economy. The set of four new non-tradable FX indexes would track EMs that have over the past couple of decades seen increased global investment inflows, growing proportion of government debt issuance, and a significant jump in tran...