Summerset expects 1H underlying profit to be up to 16% lower
Summerset Group said its first-half underlying profit could be up to 16 percent lower on the year before because of the impacts of covid-19, which halted construction as well as property settlements. The retirement village operator and developer said it expects underlying prof...
Rio Tinto to close Tiwai Point smelter next year
Rio Tinto will start planning for the wind-down of operations and the eventual closure of the Tiwai Point smelter following the conclusion of its strategic review.
MARKET OPEN: Wall Street cheer may help local market but covid worries continue
Investors may be cheered by a slightly better night on Wall Street, although ongoing concerns about rising covid-19 cases in the US and Australia will keep a lid on the enthusiasm. The number of confirmed US cases surpassed 3 million, affecting nearly one of every 100 American...
Dairy Holdings stake too good to miss, says Canada's PSP
Canada’s Public Sector Pension Investment Board has been redirecting its primary sector investment into Australia in recent years, but buying into Fonterra's biggest shareholder, Dairy Holdings, was too good an opportunity to miss. “Dairy Holdings Limited is a household name i...
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