Gold prices drifted sideways overnight as a surge in coronavirus cases and mounting economic tolls kept investors on edge, though the metal stepped back from last session’s more than 7-1/2-year high. Spot gold was little […]
Qantas has raised $1.36 billion from institutional investors as part of a $1.9 billion share sale, and its shares will resume trading when the market opens. The airline sold 372.7 million new shares at $3.65 […]
Cyrus Capital Partners has withdrawn its bid for Virgin Australia, citing a lack of engagement by the airline’s administrator, but said it was willing to reinstate it under certain conditions. The US-based private equity group […]
Australian shares are likely to start higher after Wall Street posted gains following easing of restrictions by regulators on US banks, boosting investor sentiment. The Australian SPI 200 futures contract was up 70.0 points, or […]
Victoria has recorded another 33 coronavirus cases, as the defence force is brought in to bolster efforts to stop the spread of COVID-19. More than 1000 troops are coming to Victoria to help the state […]
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