ASX climbs as iron ore lifts miners

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ASX climbs as iron ore lifts miners

Australian shares closed firmly higher on Tuesday as the major iron ore miners gained on the back of the commodity’s soaring price. The S&P/ASX 200 Index advanced 32.9 points, or 0.5 per cent, to 6484.8 while the broader All Ordinaries added 35.6 points, …
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Shrink, don't shut: Myer puts store plan into action

Myer has struck a deal with its biggest landlord Scentre Group to shrink one of the stores it had slated for closure, the first such deal in what it hopes will be a new way of reducing its rent costs. The company announced on Tuesday it would reduce its …
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German consumer morale cools slightly to hit 2-year low

German consumer morale cooled slightly heading into June to hit its lowest level in over two years as shoppers became less willing to buy and more downbeat about the growth outlook of Europe’s largest economy. The GfK consumer sentiment indicator, …
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Goals Soccer issues profit warning as accounting fiasco drags on

Goals Soccer Centres PLC (LON:GOAL) has issued a profit warning for its current financial year after an accounting error that saw its shares
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PNB narrows Q4 loss to Rs 4750 cr; asset quality, PCR improve

State-owned Punjab National Bank has narrowed its loss to Rs 4,750 crore in January-March quarter and also improved its asset quality and provision coverage ratio. The lender had reported a big loss of Rs 13,417 crore in the corresponding period last fiscal …
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