Alibaba will invest $53 billion (380 billion yuan) over three years to strengthen its cloud and AI infrastructure, exceeding its total AI spending over the past decade. CEO Eddie Wu called AI a ...

Despite the loss, Mercury NZ increased its interim dividend by 3% to 9.6 cents per share. The company reaffirmed its commitment to securing energy supply, advocating for governance and market ...

The European Union has imposed fresh sanctions on Russia, targeting seaborne oil exports and blacklisting 74 vessels used to circumvent previous restrictions. The move, part of the EU’s 16th sanctions ...

However, Perpetual determined that the revised terms and conditions were not favourable for shareholders, leading to the formal end of negotiations. KKR has contested Perpetual’s stance on the break ...

WiseTech Global (ASX: WTC) has announced the resignation of four independent non-executive directors—Lisa Brock, Richard Dammery, Michael Malone, and Fiona Pak-Poy—following boardroom tensions over ...

Hubify (ASX: HFY) has reported a return to profitability in the first half of the 2025 financial year, with earnings before interest, tax, depreciation, and amortisation (EBITDA) of $0.2 million, up ...

PolyNovo (ASX: PNV) has reported record financial results for the first half of FY25, with total revenue reaching $59.9 million, a 22.8% increase from the previous corresponding period. The company ...

Ophir High Conviction Fund (ASX: OPH) has reported a significant improvement in its financial results for the half-year ended 31 December 2024, with net assets increasing by 18.1% to $719.99 million.

OzAurum Resources (ASX: OZM) has announced significant gold discoveries at the New Cross Fault within its Mulgabbie North Gold Project in Western Australia, confirming a high-grade mineralised zone ...

Dart Mining (ASX: DTM) has secured firm commitments from investors for a $3 million placement to fund drilling at its Triumph Gold Project in Victoria. The company will issue 600 million new fully ...

The global market for immune checkpoint inhibitors alone was valued at approximately US$47 billion in 2023 and is projected ...

Aguia Resources Ltd. (ASX:AGR) has secured a 10-year lease to process phosphate ore at an existing facility in Brazil, advancing its operations in the country.