Inghams warns rising fuel costs hit profits
Inghams (ASX:ING) warned that the conflict in the Middle East is driving a surge in fuel prices and surcharges, with an estimated net impact of $7 million to $10 million.
Inghams (ASX:ING) warned that the conflict in the Middle East is driving a surge in fuel prices and surcharges, with an estimated net impact of $7 million to $10 million.
Metcash (ASX:MTS) announced an expected underlying profit after tax of between $268 million and $270 million for the period ended April 30.
Elevra Lithium (ASX:ELV) announced a binding agreement to sell its entire interest in the Ewoyaa Lithium Project.
oOh!media (ASX:OML) has confirmed the receipt of a fresh takeover bid, sparking a potential bidding war.
Dyno Nobel (ASX:DNL) has reaffirmed its full-year earnings guidance following its first-half performance for 2026.
Olympio Metals (ASX:OLY) has reached the key commitment milestone to earn a 51% interest in the Bousquet Gold Project.
Biotech giant CSL (ASX:CSL) issued an update to its 2026 financial year outlook, softening revenue and profit expectations.
President Donald Trump is scheduled to meet Chinese leader Xi Jinping in Beijing this week as the US focuses on the war in Iran. The summit is also expected to cover trade frameworks for Boeing aircraft, soybeans, and AI semiconductors. Bloomberg's Stephen Engle reports on what is at stake in the meeting.
US President Donald Trump has rejected a peace proposal from Tehran, dismissing Iran's terms for ending the current regional conflict.
Pacific Edge (ASX:PEB) has launched a capital raise to secure up to NZ$24 million, priced at NZ$0.170 per share.
Treasurer Jim Chalmers confirmed a major crackdown on negative gearing and capital gains tax to cool the investor market for existing homes.
Australia has pledged an additional $2 billion over the next four years to fund critical "enabling" infrastructure.