Foresta secures Japanese patent for extraction process
Foresta Group Holdings (ASX:FGH) secured patent acceptance in Japan for its proprietary pine chemical extraction technology.
Foresta Group Holdings (ASX:FGH) secured patent acceptance in Japan for its proprietary pine chemical extraction technology.
Organic sales at LVMH's key fashion and leather goods unit, home to Louis Vuitton and Dior, rose 1%, missing the 1.52% estimate of analysts surveyed by Bloomberg. The luxury industry has been affected by the conflict in the Middle East and a slump in Chinese shoppers' purchases, with LVMH saying the conflict deterred wealthy shoppers. Bloomberg's Angelina Rascouet reports.
Barclays Plc Chief Executive Officer CS Venkatakrishnan says he is "absolutely pleased" with the earnings published today. "Our capital efficiency is much higher than we thought it would have been at this time," he adds. Venkatakrishnan speaks on Bloomberg Television after the bank reported its equities traders delivered their best second-quarter haul in four years, generating £1.26 billion. The UK lender also announced a fresh £1 billion buyback.
RBA Governor Michele Bullock stated that the monetary policy board may need to raise interest rates again to combat headline inflation.
Falcon Metals (ASX:FAL) secured all regulatory approvals to conduct the first-ever maiden drill programme at the Errabiddy Gold Project
ADNOC's fertilizer subsidiary Fertiglobe reported revenue of $1.09 Billion for the second quarter that beat the average analyst estimate despite the blockade in the Strait of Hormuz. Ahmed El Hoshy, CEO of Fertiglobe spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on the numbers and the potential risk from the Red Sea.
Oil extended its decline after President Donald Trump said the US and Iran were engaged in talks to try to end the Middle East conflict once again. Jorge Leon, Geopolitical Analysis Head at Rystad Energy spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa about the best & worst-case scenario for oil moving forward.
Global chip stocks tumbled as investors questioned the longevity of the AI boom over concerns of debt and demand. Markets are also awaiting the Fed decision, but Citadel expects Kevin Warsh to deliver a surprise hike. Mehvish Ayub, Bank of Singapore's Head of Managed Solutions Advisory Dubai spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on the Fed decision and tech stocks movement.
Freelancer (ASX:FLN) reported that group gross marketplace value increased 30.9% to $574.6 million during the first half of FY26.
BKI Investment (ASX:BKI) reported a net profit after tax of $64.4 million for the financial year ended June 30
EVZ (ASX:EVZ) generated net positive operating cash flow of $10.1 million for the financial year ended June 30.
Clean TeQ Water (ASX:CNQ) has finished commissioning its first commercial PHOSPHIX phosphate removal plant in Ireland.