Business
ASX rises 0.8% to new heights; Energy firms lead after oil price jump – The Sydney Morning Herald
The ASX 200 continued its record rise, lifting 0.8 per cent at the open. All sectors were ahead, with energy and utility stocks leading on an oil price jump.
Retail giant Wesfarmers has warned of volatile and negative sales at its major retailers Kmart, Target, Bunnings and Officeworks in recent months as the company struggles to match the roaring growth seen through COVID last year.
In a high-level trading update provided to investors ahead of Wesfarmers strategy day on Thursday, the Perth-based retail conglomerate said its retail businesses had seen significant volatility in its monthly sales growth.
In a high-level trading update provided to investors…
-
Business24 hours agoIs Warren Buffett’s Berkshire Hathaway the smartest investment you can make today?
-
Noosa News10 hours agoCommissioner thanks police officer who threw a speed radar at a car
-
General24 hours agoTaiwan’s President Lai Ching-te calls for peace and dialogue with China while also calling for defence boosts
-
Noosa News15 hours agoBrisbane news live: Federal fund for council’s cyclone clean-up dries up