National Australia Bank (ASX:NAB) has released findings from its March survey of business conditions, detailing better-than-expected results and signaling an eight-point increase to a record high of 25 points. NAB chief economist Alan Oster has attributed improved conditions to the early lifting of COVID restrictions ahead of schedule around Australia. In contrast, the business confidence index still hovers above average despite shedding 3 points to 15 due to weaker performances in wholesale and manufacturing.
22 Mar 2021 - Under-pressure Crown Resorts (ASX:CWN) has officially confirmed that American investment business Blackstone has submitted an $8 billion takeover bid to acquire the Australian casino operator.
21 Jan 2021 - Santos (ASX:STO) has recorded annual production of 89 million barrels of oil equivalent for their fourth quarter, 18 per cent above the prior year and at the top end of upgraded guidance provided in December.
16 Sep 2019 - Virgin Australia (ASX:VAH) today confirmed that it has entered into a term sheet with Affinity to buy back its 35 per cent investment in the Velocity Frequent Flyer program for $700 million.
