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Weekly Wrap: market steps back from the brink with a rise
Market Wrap: Shares slide after damage to energy facilities
ASX slides after energy facilities damaged, fueling inflation fears; index down 0.8% to 8428.4 as rate hikes priced in, gold and mining stocks lead losses.
EV push sees more than 100 companies unite, TPG calls on Bank of America and GrainCorp surges on wheat prices
More than 100 businesses and organisations have come together in an effort to have 1 million electric vehicles (EVs) on Australian roads by 2027. Heading the charge includes retail giant Woolworths Group (ASX: WOW), Linfox, AGL Energy (ASX: AGL), infrastructure company Transurban Group (ASX: TCL) and various car-markers including Tesla, BMW, Volvo and MG Motor. […]
Novonix finalises US$150m grant, Qantas boss wants ‘super terminal’ and BHP workers seek better conditions
Novonix’s (ASX: NVX) shares have been surging in recent days after confirming it is in discussions with the US Department of Energy for a grant worth US$150 million (A$240 million) to fund its production expansion plans. The battery materials and technology company has also been in advanced talks with multiple suitors over additional funding which […]