Author - Sequoia Direct

BHP to cut carbon emissions by 30% by FY2030: Aus shares to open lower

11 Sep 2020 - The pre-election political gridlock in the United States continues, as a new Republican stimulus package worth $US300 billion fails to advance through the Senate. Wall Street unwound early gains and ended in the red on broad-brushed profit taking. Mining giant BHP (ASX:BHP) has announced a target to reduce operational greenhouse gas emissions by at least 30 per cent by FY2030.

Read more...

Tech stocks rally in the US: ASX poised for a rebound

10 Sep 2020 - The ASX looks set for a rebound this morning as US stocks closed higher. Over in the UK, Prime Minister Boris Johnson has announced new restrictions on social gatherings in England, after a spike in Covid-19 infections. Over in the US, Tesla jumps nearly 11%, rebounding from worst day on record. Gold added over $11 and oil is up slightly. Resolute Mining (ASX:RSG) rreceive a strike notice at the Syama Gold Mine in Mali.

Read more...

Energy sector drags on the market: ASX closes 2.2% lower

02 Sep 2020 - After a fall at the open the ASX failed to recover closing 2.2% lower. Shares in Nufarm (ASX:NUF) closed up today, meanwhile, shares in Beach Energy took a hit falling over 9%. As for the sectors today Materials were the best of a bad bunch and Energy fell lower even lower. FINEOS Corporation Holdings PLC (ASX:FCL) reports they raised $8 million on their securities purchase plan.

Read more...