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Business news
Unpacking the ‘Big, Beautiful Bill’: the winners, the losers and the aftermath
July 04, 2025 05:24 PM AEST| By InvezzPresident Donald Trump has hailed it as one of the most successful pieces of legislation in American history, a ‘big, beautiful bill’ designed to reshape the nation’s economic landscape. But as the sweeping package of tax cuts and s...
Platinum price stuck in a range as risk appetite surges to extreme greed
July 04, 2025 07:31 AM AEST| By InvezzPlatinum price rallied to a fresh 11-year high of $1,433 on Wednesday before pulling back on Thursday. At the time of press, the precious metal was trading at $1,372. On the one hand, the easing of geopolitical tensions in the Middle East has h...
CFRA increases S&P 500 target after index hit all time high
July 04, 2025 05:01 AM AEST| By InvezzWall Street’s sentiment appears to be shifting as CFRA Research upgrades its outlook for the S&P 500, pointing to a continued rally through the remainder of 2025 and into 2026. The firm, led by Chief Investment Strategist Sam Stovall, now project...
Country Hip Hop Mavericks, Good Ol’ Boyz, Headline Free Outdoor Show At Seasalt Honky Tonk On The Beach This Friday, July 5, 2025
July 04, 2025 04:55 AM AEST| By Send2PressHUNTINGTON BEACH, Calif., July 3, 2025 (SEND2PRESS NEWSWIRE) -- This Friday, July 5th at 6 p.m., genre-bending country-hip hop band Good Ol' Boyz will take the stage at SeaSalt Honky Tonk, a recently...
Gold Reserve unit wins Citgo parent auction with $7.38 billion bid
July 04, 2025 02:08 AM AEST| By InvezzDalinar Energy Corporation, a unit of Toronto-listed miner Gold Reserve, has been declared the provisional winner of a high-profile auction of PDV Holding, the US parent of Venezuela’s Citgo Petroleum, with an offer of $7.38 billion. According...
French firm Tereos plans tenfold expansion of power client base in Brazil
July 04, 2025 01:00 AM AEST| By InvezzTereos, a French agribusiness group, plans to expand its base of corporate power customers in Brazil from roughly 100 to more than 1,000 during the next two years, as per a report by Reuters. The firm, Brazil’s second-largest sugar producer, se...
FinEx Metals Ltd. (FINX) Opens the Market
July 04, 2025 12:18 AM AEST| By News File CorpToronto, Ontario--(Newsfile Corp. - July 3, 2025) - Tero Kosonen, Chairman and Chief Executive Officer, FinEx Metals Ltd. (FinEx or the Company) (TSXV: FINX), a...
June jobs data beats expectations but reveals mixed signals: here’s why
July 03, 2025 11:31 PM AEST| By InvezzThe US labor market delivered a notable surprise in June jobs data as growth outpaced economist expectations. The latest data from the Bureau of Labor Statistics shows that 147,000 new jobs were added last month, well above the expected 110,000. In a...
India-US trade deal: will red lines derail a last-minute breakthrough?
July 03, 2025 10:21 PM AEST| By InvezzThe signing of the US-Vietnam trade deal pushed caution factor in India, as New Delhi seems to be engaged in some tough negotiations with their Washington counterparts. A successful trade deal with Vietnam is expected to have major benefits for the U...
Why Canada’s digital tax concession won’t solve trade tensions with US
July 03, 2025 09:35 PM AEST| By InvezzCanada’s decision to scrap a digital service tax on US tech companies this week was aimed at safeguarding trade discussions with President Donald Trump. However, a more significant point of contention in these ongoing negotiations could b...
Discovery Senior Living Announces Most Coveted Ticket in NYC July 4th at Its Iconic Senior Living Community "The Watermark at Brooklyn Heights"
July 03, 2025 08:31 PM AEST| By News File CorpBonita Springs, Florida--(Newsfile Corp. - July 3, 2025) - Discovery Senior Living, (Discovery, or the Company) a leading operator of senior living communities...
South Africa chrome export tax sparks debate as miners warn of negative impact
July 03, 2025 08:20 PM AEST| By InvezzThe Minerals Council of South Africa has stated that the proposed chrome ore export tax will negatively impact the profitability of miners and result in job losses throughout the sector, according to a Reuters report. South Africa stands out as Afric...
US-Vietnam trade pact a mixed bag for Hanoi, ING warns
July 03, 2025 08:05 PM AEST| By InvezzOn Wednesday, US President Donald Trump unveiled a new trade agreement with Vietnam, marking it as the first Asian nation to secure such a deal with the US. This agreement stipulates a 20% tariff on imports from Vietnam, with a higher 40% tariff impo...
How Trump’s tax bill could give SoFi a big student loan windfall
July 03, 2025 08:05 PM AEST| By InvezzPrivate student lenders such as SoFi Technologies Inc. could emerge as major beneficiaries of President Donald Trump’s proposed tax legislation, which introduces new limits on how much students and parents can borrow from the federal government. The...
Why gold above $3,000 is the new normal
July 03, 2025 03:28 PM AEST| By InvezzDespite gold prices consolidating above $3,300, new bullish momentum is proving elusive as investors adjust to these elevated levels. Nevertheless, one fund manager asserts that the current valuation is entirely warranted. Gold is holding stead...
Crude oil price forecast after the recent crash: will it rebound?
July 03, 2025 07:25 AM AEST| By InvezzCrude oil price has been range-bound for a week now after plunging from the 6-month high it hit in mid-June. On the one hand, concerns over a significant increase in OPEC+ output, coupled with the persistent economic uncertainties, have been weighing...
Armani Group reports sales decline hit by luxury industry slowdown
July 03, 2025 03:13 AM AEST| By InvezzItalian fashion house Armani Group recently reported a 5% decrease in sales for the past year, attributing the downturn to broader macroeconomic uncertainty and a deceleration in demand from the Chinese market. The Giorgio Armani established company...
Trump says US has reached trade deal with Vietnam, imposing 20% tariff on imports
July 03, 2025 02:21 AM AEST| By InvezzPresident Donald Trump on Wednesday announced that the United States has reached a new trade agreement with Vietnam that includes a 20% tariff on all imports from the Southeast Asian nation and a steeper 40% tariff on goods transshipped through Vietn...
Mexican Peso rally faces reversal as US tariff freeze nears expiry
July 03, 2025 12:55 AM AEST| By InvezzThe Mexican peso, one of the top-performing emerging market currencies this year, is expected to lose ground in the coming months as a temporary pause on US tariffs expires next week, according to a Reuters poll of foreign exchange strategists. After...
Del Monte files for bankruptcy: what went wrong with the iconic food brand
July 02, 2025 11:22 PM AEST| By InvezzDel Monte Foods, the American packaged food maker behind brands like Del Monte, Contadina, and College Inn, has filed for Chapter 11 bankruptcy as it looks to sell off most of its assets. The company, which operates under Singapore-based parent Del M...
