BPH Energy Limited (BPH) (ASX: BPH) and Bounty Oil & Gas NL (Bounty) (ASX: BUY) for the PEP11 Joint Venture announce that today, 5 August 2024, Asset Energy Pty Ltd (Asset) as operator for and…
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If you’ve been watching the gold space in recent years, you may know that the precious metal has appreciated in value by over 750 percent since 2000, when it was under US$300 per ounce. Even…
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Battery metals like graphite are becoming increasingly important for their role in battery technologies. Both synthetic and natural graphite, in the form of spherical graphite, are currently used in the anodes of lithium-ion batteries, an…
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Delta Air Lines CEO Ed Bastian on Friday offered employees two free travel passes to thank staff members who were caught in massive disruptions last month sparked by a botched CrowdStrike software update that stranded thousands of customers and crew.…
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Business
Mortgage rates plunge to the lowest level in over a year after weak employment report
by adminThe average rate on the popular 30-year fixed mortgage dropped 22 basis points to 6.4% Friday, according to Mortgage News Daily. That is the lowest rate since April 2023. The 15-year fixed rate fell to 5.89%, its…
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The U.S. unemployment rate rose to 4.3% in July and hiring slowed, adding to signs of a broader downturn in what has been a solid U.S. economy. The Bureau of Labor Statistics reported Friday that…
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ROCKLAND, Maine — Noah Barnes can’t sell bunks aboard his schooner fast enough. The ones unoccupied by his staff, anyway. Barnes, the owner and captain of the 153-year-old Stephen Taber, said demand for multiday voyages…
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Stocks tumbled for the second-straight day Friday as a weaker-than-expected jobs report and a dismal forecast from Amazon added to investor fears of a more substantial slowdown for the U.S. economy. The Dow Jones Industrial Average closed…
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Warren Buffett’s Berkshire Hathaway dumped nearly half of its gigantic Apple stake last quarter in a surprising move for the famously long-term-focused investor. The Omaha-based conglomerate disclosed in its earnings filing that its holding in the iPhone maker was…
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Business
American recession fears spark selloff in international markets and point to lower U.S. open
by adminU.S. stocks saw their third-straight trading day of heavy declines as recession fears continued to mount and Wall Street abandoned a popular trade that had helped counter high interest rates. The Dow Jones Industrial Average…
