PERTH – Australian exploration company Mount Ridley Mines Ltd said on Thursday it has appointed Allister Caird as its chief executive officer, effective immediately, to lead the development of its rare earth and critical minerals projects. Caird, a geologist with over 15 years of experience, joins from Locksley Resources Ltd, where he was head of critical…
Tinybeans to acquire U.S.-based Qeepsake in all-stock deal to boost subscribers, revenue
SYDNEY – Australian family tech platform Tinybeans Group Ltd said on Monday it has agreed to acquire the assets of U.S. digital journaling app Qeepsake Inc. in an all-scrip deal valued at $2.7 million, a move set to significantly expand its paid subscriber base and accelerate its path to profitability. The acquisition will add about 49,000…
Pepper Money, KKR consortium to buy Westpac’s RAMS home loan portfolio
SYDNEY – Australian non-bank lender Pepper Money Limited PPM.AX said on Monday it has entered a consortium with global investment firm KKR KKR.N to acquire the RAMS home loan portfolio from Westpac Banking Corp. The portfolio comprises A$21.4 billion ($13.9 billion) in residential mortgages as at September 30, 2025. Under the binding agreement, Pepper Money will…
IVE Group secures Domino’s deal and acquires Impressu Print Group and Budget Mail Services
SYDNEY – Australian marketing firm IVE Group Ltd (IGL.AX) said on Monday it has entered a long-term marketing services agreement with Domino’s Pizza Enterprises (DMP.AX) and acquired two businesses, Impressu Print Group and Budget Mail Services, as part of a strategic expansion. The deal with Domino’s is a 6+2 year supply agreement, under which IVE will…
Demystifying price action trading: The ultimate trader’s guide
If you’ve ever ventured into the world of online trading forums or tried to learn technical analysis, you’ve undoubtedly encountered the term “Price Action.” And if your immediate reaction was, “I looked it up and don’t really understand how this is a strategy, or what it is,” you are not alone. There is a lot…
OPEC+ reaches deal to increase output by 137,000 bpd in December, No changes in 2026
VIENNA – In a move signaling a careful balancing act between supporting prices and stabilizing markets, eight OPEC+ member countries agreed on Sunday to a small increase in oil output next month before implementing a historic pause on production changes for the entirety of 2025 and the first quarter of 2026. According to a statement from…
The deep freeze: How the longest government shutdown threatens a fragile US economy
The unprecedented length of the current federal government shutdown has moved beyond a temporary political inconvenience and morphed into an acute economic danger. What history suggested would be a short-term, reversible pause is now accumulating permanent damage, threatening to break a US economy that was already walking a tightrope of uncertainty. As economists warn of…
Tech titans bet big on AI, fueling bubble fears as spending tops $380 billion
In a high-stakes gamble that is reshaping the global economy, America’s technology giants are doubling down on artificial intelligence, signaling this week that their record-breaking investments are only accelerating. Despite rising concerns from Wall Street and central banks that the industry is inflating a dangerous bubble, Alphabet (Google), Meta, Microsoft, and Amazon are collectively planning…
Berkshire Hathaway operating profit jumps 34% as cash pile hits record $381.6 billion
OMAHA — Berkshire Hathaway reported a sharp rebound in its third-quarter operating profit, driven by a massive surge in its insurance business, the conglomerate said Saturday. However, with CEO Warren Buffett finding few attractive opportunities in the market, the company’s cash reserves swelled to a record $381.6 billion as it refrained from share repurchases for the…
Canadian miner NMG signs key graphite deals, paving way for Quebec mine
MONTREAL – Nouveau Monde Graphite Inc has finalized a series of binding offtake agreements that cover nearly all of the planned production from its flagship Matawinie mine, a critical step that paves the way for a final investment decision on the Quebec project, the company said on Friday. The agreements, announced as G7 energy and environment…
Carrington Holding Co. to acquire Reliance First Capital, expanding mortgage business
ANAHEIM — Carrington Holding Company, a major player in the U.S. residential real estate market, announced that it has entered into an agreement to acquire Reliance First Capital, LLC, from Tiptree Inc. The acquisition is designed to add a direct-to-consumer retail channel to Carrington’s existing mortgage operations, which the company said will create a more…
Aalberts N.V. completes acquisition of Grand Venture Technology Limited
AMSTERDAM: Aalberts announces successful completion of the acquisition of Grand Venture Technology Limited (GVT). With its head office in Singapore, GVT operates six facilities across Singapore, Malaysia and China, generating an annual revenue of SGD 160 million in 2024 and an adjusted EBITDA margin of 19% with approximately 1,800 employees. In July 2025, Aalberts announced…