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Markets

Global chip equipment makers double China revenue share since U.S. controls

by Walter Watson
Global chip equipment makers double China revenue share since U.S. controls

A worker produces chips at a semiconductor manufacturing enterprise in Binzhou, China, on June 4, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — Four of the world’s largest semiconductor …

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Woolworths denies sending spy after farmers out employee at agricultural conference

by Anas Siddiqui
Woolworths denies sending spy after farmers out employee at agricultural conference

Farmers have accused a supermarket giant of trying to pull the wool over their eyes, alleging a Woolworths employee attended a conference to gather more than produce. An employee of …

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Wall St dips as investors await tech firms’ earnings

by Anas Siddiqui
Wall St dips as investors await tech firms’ earnings

Wall Street’s main indexes have ended slightly lower, having given up meager intraday gains in the final minutes of trading, as investors switched their focus to the latest earnings from …

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Coca-Cola (KO) Q2 2024 earnings

by Anas Siddiqui
Coca-Cola (KO) Q2 2024 earnings

Coca-Cola on Tuesday raised its full-year outlook as global demand for its drinks rose in the second quarter. For 2024, Coke now expects organic revenue growth of 9% to 10%, …

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Australia PMI, Japan PMI, Tesla, Alphabet earnings

by Walter Watson
Australia PMI, Japan PMI, Tesla, Alphabet earnings

An aerial view of the central business district and Sydney Opera House on February 17, 2023. David Gray | Getty Images News | Getty Images Japan’s Nikkei 225 dropped 0.19%, …

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Ether ETFs: First day of trading

by Walter Watson
Ether ETFs: First day of trading

An ether cryptocurrency coin in seen in this photo. Jaap Arriens | Nurphoto | Getty Images Ether exchange-traded funds officially began trading in the U.S. on Tuesday, putting the world’s …

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Modi’s government pledges spending on jobs but fiscal prudence

by Ron Morgan
Modi’s government pledges spending on jobs but fiscal prudence

Nirmala Sitharaman, India’s finance minister, leaves the ministry to present the budget at the parliament in New Delhi, India, on July 23, 2024.  Bloomberg | Bloomberg | Getty Images India’s …

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Iron ore buckles below $US100 as China’s plenum fails to inspire

by Anas Siddiqui
Iron ore buckles below $US100 as China’s plenum fails to inspire

Iron ore crumbled below $US100 ($A150.93) a tonne as a policy meeting in China failed to deliver major stimulus, while supplies stayed strong. The steelmaking material slid as much as …

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Porsche shares fall as automaker cuts 2024 outlook on aluminium alloy shortage

by Walter Watson
Porsche shares fall as automaker cuts 2024 outlook on aluminium alloy shortage

The Porsche logo, the German automobile manufacturer specialising in high-performance luxury sports cars, SUVs, and sedans, headquartered in Stuttgart and part of the Volkswagen group, captured in their Porsche Zentrum …

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Volvo Cars jumps 11% after reporting a record core operating profit

by Horatio Thompson
Volvo Cars jumps 11% after reporting a record core operating profit

A worker at a Volvo car store introduces the Volvo xc60 and other models via a live streaming in Shanghai, China, March 18, 2024. Cfoto | Future Publishing | Getty …

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