via apinews.org

No Image

Evergen edges closer to destroying coal-fired power stations

ExclusiveJun 1, 2020 – 9.00amRenewable energy software company Evergen is one step closer to achieving its ambitious goal of destroying 10 coal-fired power stations in 10 continents in the next three years, having raised $6 million to accelerate its growth.The business, founded in 2015 in a joint initiative by CSIRO and AMP Capital, has developed…


No Image

National Guard summoned as protests spread

May 30, 2020 – 5.27pmAtlanta | Georgia’s governor declared a state of emergency early Saturday to activate the state National Guard as violence flared in Atlanta and in dozens of cities nationwide following the death in Minnesota of George Floyd after a white officer pressed a knee into his neck while taking him into custody.Demonstrators…


No Image

US stocks rise after Trump sticks to script on China

Yakob Peterseil and Vildana HajricMay 30, 2020 – 6.27amNew York | US stocks erased losses and closed mostly higher after President Donald Trump stopped short of implementing draconian economic restrictions against China even as he blasted the country for its actions on the pandemic and in Hong Kong.The S&P 500 ended May on an up…


No Image

ASX to retreat; US threatens China over Hong Kong law

LiveUpdated May 29, 2020 – 8.29am, first published at 7.00am6 mins ago – 8.29amCosta Group CEO to retireRobert GuyCosta Group chief executive Harry Debney has signalled he will retire from the fruit and vegetable supplier in the next nine months. Chairman Neil Chatfield told shareholders at the annul general meeting that the baord has entered…


Active virus cases fall to 470

Active virus cases fall to 470

LiveUpdated May 28, 2020 – 8.21am, first published at 7.17amKey PointsThere were 11 new virus cases reported on Wednesday, an increasing Australia’s total to 7139. There are 470 active cases.The death toll rose by one to 103 on Wednesday.Globally, more than 5.65 million people have tested positive and 353,200 have died.Subscribe to our daily newsletter,…


No Image

ASX to fall; $A hits 11-week high as Dow jumps

LiveUpdated May 27, 2020 – 8.32am, first published at 8.01am3 mins ago – 8.32amCrude on the rise as gold slipsWilliam McInnesCrude oil prices extended their strong start to the week overnight with investors taking stock of disciplined supply cuts and an increase in demand as the global economy returns from its COVID-19 slump.Brent crude rose…


No Image

ASX to extend rally on upbeat German data

LiveUpdated May 26, 2020 – 8.30am, first published at 7.53amKey PointsThe Australian sharemarket is poised to open higher this morning.US and UK markets were closed overnight for public holidays.5 mins ago – 8.30amAir NZ expects underlying loss in FY20; $NZ694m of chargesRobert GuyAir New Zealand has warned of a full year underlying loss and a…


No Image

ASX to rise; Caution on China high

LiveUpdated May 25, 2020 – 8.30am, first published at 7.53amKey PointsThe Australian sharemarket is poised to rise at the open this morning.Tensions between the US and China continue to simmer.6 mins ago – 8.30amSandfire to restart drilling in BotswanaWilliam McInnesSandfire Resources is set to resume exploration activity in Botswana by early June after the government…


No Image

Wall Street ends mixed as China-US tensions weigh

May 23, 2020 – 6.32amNew York | Wall Street ended mixed on Friday in a mostly tame finish to a week of strong gains, as investors gauged China-US tensions and amid ongoing uncertainty about the pace of economic recovery from the coronavirus.President Donald Trump’s warning on Thursday that the US would react strongly to China’s…


The plan to rebuild Australia’s shattered economy

The plan to rebuild Australia’s shattered economy

AnalysisThe lifting of restrictions alone won’t bring the economy back. It’s a confidence game.May 23, 2020 – 12.00amWeaning the economy off the extraordinary taxpayer support deployed in response to the coronavirus-induced economic crisis will be a monumental test for the Morrison government in the months and years ahead.The government’s top economic adviser, Treasury Secretary Steven…