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S&P/ASX 200 on track for seventh consecutive month of gains Amazon on Thursday released first-quarter results that exceeded analysts’ expectations, with sales soaring 44% year-over-year to US$108.5 billion and profits more than tripling to US$8.1 billion. Brent crude oil price rose 1.3% to US$68.16 a barrel on Thursday. S&P/ASX 200 (INDEXASX:XJO) dipped 0.60% to 7,039.5 points by 12.51 pm even as US markets rose overnight on strong corporate earnings data. Locally, this is a second weekly decline a row, but the ASX 200 remains firmer for the month with a gain of 3.6%. This would...
2021-02-08 by Proactive Australia VIP Gloves Ltd (ASX:VIP) has agreed to defer completion of the sale of land and buildings in Malaysia to DC Glove Sdn Bhd and the subsequent leaseback for RM29 million (A$10.3 million). In line with a Sale and Purchase Agreement (SPA) dated January 16, 2020, completion was scheduled for January 20, 2021. However, due to the COVID-19 global pandemic, the Movement Control Orders in Malaysia and the lockdown in Hong Kong, both parties have agreed to defer completion. This process will now be reviewed in late February, and this is permitted under the SPA. The ag...