Energy on the rise: The ASX 0.1% higher at noon

Energy on the rise: The ASX 0.1% higher at noon

The Australian share market opened higher with materials and energy on the rise. News from AGL’s (ASX:AGL) AGM is pleasing investors. Oil prices lifted overnight. Utilities are leading the pack meanwhile Healthcare is still dragging - Australian Pharmaceutical Industries have dropped 8.8 per cent.The S&P/ASX 200 index is 0.1 per cent higher or 7 points up at 6193. On the futures market the SPI is 8 points lower. Local economic news: The Australian Bureau of Statistics have released a report for gender Indicators 1 in every 6 CEOs of non-public sector organisations is a woman and the rate is increasing slowly.The proportion of female CEOs increased by less than 1 per cent point to 16.5 per cent between 2013-14 and 2016-17.This is despite young women continuing to achieve higher levels of education than young men. Engineering Construction Activity for the quarter. The trend estimate for the value of total work done rose 2.5 per cent in the June 2018 quarter.The trend estimate for the value of work done for the private sector rose 1.9 per cent in the June quarter. Company news: AGL (ASX:AGL) are holding their AGM in Melbourne today. The power giant has given no indication of plans to change any of its current strategy including the 2022 closure of the Liddell coal-fired power station in NSW. Interim chief executive Brett Redman says there is no question in his mind that the coal fired generation and its continued responsible operation will be fundamental to Australia’s energy system. At least in the medium term.Former CEO Andrew Vesey stepped down last month – the same day Malcolm Turnbull was axed as Prime Minister last month, after growing tensions with Canberra over energy policy and the National Energy Guarantee. Shares in AGL (ASX:AGL) 2.5 per cent higher at $19.71 Best and worst performers: The best performing sector is Utilities adding 1.4 per cent, while the worst performing sector is Healthcare, shedding 0.8 per cent. The best performing stock in the S&P/AS...
U.S., Iran exchange insults and warnings on world stage

U.S., Iran exchange insults and warnings on world stage

U.S. President Donald Trump and Iranian President Hassan Rouhani exchanged taunts at the United Nations General Assembly on Tuesday with Trump vowing more sanctions against Tehran and Rouhani suggesting his American counterpart suffers from a "weakness of intellect." Zachary Goelman reports.
2mins
Trump, Brexit, hit German growth: BDI

Trump, Brexit, hit German growth: BDI

Germany's BDI industry association on Tuesday lowered its 2018 growth forecast for Europe's largest economy, citing weaker demand for German goods due to increased business uncertainty caused by U.S. President Donald Trump's trade policy and Brexit. Sonia Legg reports
BNEF Brief: SunPower Wins Tariff Exemption

BNEF Brief: SunPower Wins Tariff Exemption

SunPower Corp., the second-biggest U.S. solar manufacturer, won't have to pay import tariffs on the panels it makes in factories outside the country. The company was granted an exclusion from the U.S. tariffs on imported solar panels President Donald Trump imposed earlier this year. Bloomberg NEF's Hugh Bromley talks with Bloomberg's Alix Steel about SunPower and the solar panel market.
Mama Julia proves many good tune played on old fiddle even at 117

Mama Julia proves many good tune played on old fiddle even at 117

Julia Flores Colque, known to locals as "Mama Julia", is a tender 117 years of age, making her a "supercentenarian". The 117-year-old lives with her last remaining relatives, her niece and her niece's husband, who look after her in her old age. They have been helping take care of her since her relatives died. Despite her advanced age, Mama Julia is living life to the fullest and enjoys playing Bolivian folk instruments, playing with her puppies, and eating cake. Mama Julia lives in a house maintained by a private foundation
1min
 - Energy on the rise: The ASX 0.1% higher at noon
Energy on the rise: The ASX 0.1% higher at noon
 - U.S., Iran exchange insults and warnings on world stage
U.S., Iran exchange insults and warnings on world stage
 - Trump, Brexit, hit German growth: BDI
Trump, Brexit, hit German growth: BDI
 - BNEF Brief: SunPower Wins Tariff Exemption
BNEF Brief: SunPower Wins Tariff Exemption
 - Mama Julia proves many good tune played on old fiddle even at 117
Mama Julia proves many good tune played on old fiddle even at 117

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