Foresight approves $600M WA wind farm
Foresight Group has reached a $600 million final investment decision to construct the 130-megawatt first stage of the Kondinin Wind Farm.
Foresight Group has reached a $600 million final investment decision to construct the 130-megawatt first stage of the Kondinin Wind Farm.
Telix Pharmaceuticals (ASX:TLX) announced that the U.S. Food and Drug Administration granted a Fast Track designation for its BiPASS prostate cancer imaging programme.
Liontown Resources (ASX:LTR) approved the expansion of its Kathleen Valley Lithium Project with an approved capital expenditure of $389 million.
Meridian Energy (ASX:MEZ) will invest between NZ$440 million and NZ$510 million over the next decade to upgrade its Waitaki hydro station.
SkyCity Entertainment Group (ASX:SKC) announced an update on strategic initiatives, including asset sales targeting $275 million to $300 million.
Gold Fields is considering adding more cash to its takeover proposal for Northern Star Resources (ASX:NST) to overcome resistance to a deal.
Deterra Royalties (ASX:DRR) expanded its portfolio beyond Pilbara iron ore by acquiring a copper royalty stream in Arizona for US$74.2 million.
Metrics Credit Partners suspended investor redemptions across wholesale funds managing over $9 billion after slashing $168 million from the valuation of three listed vehicles.
MongoDB Interim President and CEO Dev Ittycheria discusses the outlook for the company after Meta Platforms tapped former CEO Chirantan "CJ" Desai to lead a new AI platform for enterprise customers. He speaks on "Bloomberg The Close."
Kevin Hochman, CEO of Brinker International, the company behind Chili's and Maggiano's Little Italy, discusses restaurants navigating high prices and a stretched consumer. He speaks to Romaine Bostick on "The Close."
Tony Sciarrino, BMO's US Commercial Bank Head, said rising interest rates have not yet caused a meaningful slowdown in client planning or borrowing. He said BMO's client roundtables show companies remain focused on growth, even though executing in a higher-rate environment requires more discipline and stronger performance than when rates were lower. He speaks to Romaine Bostick on "The Close."
Tim Adams, CEO of the Institute of International Finance discusses rising long-term interest rates and government debt sustainability. He says higher inflation has helped keep debt ratios looking stable by masking underlying vulnerabilities, but warns that as benchmark rates rise, interest expenses are set to surge. He speaks to Romaine Bostick on "The Close."
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