Page 8 - Sameer Manekar News Today

-Commonwealth Bank of Australia on Wednesday warned that lagged effect of high interest rates will continue to exert financial strain on household and business customers in fiscal 2024, and reported... -February 13, 2024 at 04:16 pm EST - MarketScreener

-Commonwealth Bank of Australia on Wednesday warned that lagged effect of high interest rates will continue to exert financial strain on household and business customers in fiscal 2024, and reported... -February 13, 2024 at 04:16 pm EST - MarketScreener

BYD, known for its cheaper models and a more varied lineup, recently overtook its biggest rival Tesla Inc to become the world's top EV maker in terms of sales. While BYD has its sales concentrated in China, it also aims to expand globally and is building new plants overseas in addition to expanding Chinese exports. Mexico's massive automaking sector, populated by many of the industry's top global players, is tightly integrated with the U.S. industry.

SYDNEY (Reuters) -Commonwealth Bank of Australia on Wednesday warned of downside economic risks building in Australia from continued high interest rates and persistent inflation, as the country's largest lender posed a drop in its first-half profit. The bank's profit, which still beat expectations, came a day after mortgage lending challenger Macquarie Group said it was gaining market share and signals a tough year for Australia's "Big Four" banks as they enter an envir...

Australian diversified miner South32 has sued battery metal producer IGO for royalty payments worth A$122.1 million related to the Tropicana gold mine operations, the companies said on Thursday....

Australias Worley Ltd said on Wednesday it disagreed with an arbitration tribunal that ruled in favour of the Ecuadorian government over a service contract dispute on grounds that the engineering...

LONDON/JOHANNESBURG/MELBOURNE (Reuters) -Anglo American on Wednesday rejected BHP Group's last-ditch request for more time to discuss a $49 billion takeover offer, dismissing it as highly complex and likely ending a five-week pursuit by the bigger rival. Anglo had granted BHP a one week extension until 1600 GMT on Wednesday to its original May 22 deadline to submit a binding offer, after rejecting a third takeover proposal that it dismissed as difficult to execute. It did not immediately ...

The Japanese government is planning to offer tax incentives for a decade to boost mass production in five areas including electric vehicle production and semiconductor devices manufacturing, Nikkei... -December 12, 2023 at 05:42 pm EST - MarketScreener

By Scott Murdoch and Renju Jose SYDNEY (Reuters) -Australia's Santos Ltd shares jumped nearly 11% in early trade on Friday to their highest level in f...

Australias Santos Ltd shares jumped nearly 11% in early trade on Friday to their highest level in five weeks after it said it was in talks with larger rival Woodside Energy for a potential A$80...