COLES GROUP ORD
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 […]
Coles’ drone delivery service poised for take-off in Queensland
Supermarket giant Coles (ASX: COL) has partnered with US-based drone delivery provider Wing to offer a pilot “store-to-door” grocery service to customers in southeast Queensland from next week. The service is believed to be a first for Australia’s retail industry and will be operated through the Wing mobile app for shoppers in the Gold Coast […]
Coles sells petrol stations to Viva Energy, FMG pledges $6.2b to go green and OZ Minerals invests in West Musgrave project
Australian retail giant Coles Group (ASX: COL) has announced it will sell its 710 Coles Express fuel sites to Viva Energy Group (ASX: VEA) to prioritise the group’s supermarket and liquor business moving forward. Viva Energy will assume ownership, as well as controlling and operating responsibilities of the petrol stations across the nation. As per […]