At a time when multinational companies are reviewing their supply chains in search of greener solutions that contribute to their sustainability targets, dairy products giant FrieslandCampina subsidiary, P.T. Frisian Flag Indonesia, has partnered with the Indonesian subsidiary of Range International (ASX: RAN) for $2 million of pallets made entirely from recovered plastics. Frisian Flag has
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Renewable energy might soon gain a new player, with graphene tech company Sparc Technologies (ASX: SPN) wrapping up prototype testing for its solar reactor, Sparc Hydrogen. The product can split water using sunlight and a photocatalyst, saving time, cost and energy. Sparc Hydrogen is a joint venture between the University of Adelaide (28%), Fortescue (20%)
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The rising cost of living has come for all our throats—furniture and manchester store Adairs (ASX: ADH) is no exception. The Company, like many others, has felt the pinch as higher interest rates and increased living expenses contributed to a notable decrease in foot traffic. To combat that, the Company’s mission has been to ensure
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College sports are an integral part of American culture, with many universities having acclaimed athletic programs. Communities often rally behind their local college teams, especially in areas without professional teams, creating a sports euphoria and fandomhood of its own. Seizing an opportunity to join the fervour, Australian video tech provider Linius Technologies (ASX: LNU) has
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Injecting some much-needed cash into the business, Aussie sports and entertainment agency Sports Entertainment Group (ASX: SEG) has entered a non-binding agreement between its wholly owned subsidiary Sports Entertainment Network NZ (SEN NZ) and TAB New Zealand. TAB will acquire SEN NZ’s digital and audio businesses, including the SENZ brand, app and website, and its
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After reaffirming its FY24 guidance of becoming cash flow positive across multiple reports, the online travel aggregator Jayride (ASX: JAY) is revising the narrative. The Company, dealing with declining profit margins and lower net revenue per trip, is no longer expecting to be cash flow positive. What’s more, it is looking for a buyer to
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Shareholders of allied health company Healthia (ASX: HLA) are set for a handy payday after emphatically voting in favour of the Company to be acquired by funds manager Pacific Equity Partners (PEP). The Scheme of Arrangement, which required a requisite majority of shareholders and votes, offered HLA shareholders $1.80 per share, valuing the clinic operator
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In August 2021, media services company Aspermont (ASX: ASP) co-founded a FinTech startup, Blue Horseshoe Ventures, that was set to democratise and revolutionise the investment space. The same digital capital-raising platform has since entered voluntary administration and been returned to its directors. On August 17, 2023, the Company said Blue Horseshoe Ventures had entered voluntary
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Post-Covid travel coupled with increasing prices has created a bittersweet cocktail for online travel agency Webjet (ASX: WEB), which saw bookings rise but still remain lower than pre-Covid levels. Webjet’s international bookings grew even as it battled inflationary pressures and reduced discretionary spending. The Company’s international flights market share grew 24% compared to H1 FY23,
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After a particularly tumultuous FY23—ending with $0 in cash equivalents and a resulting ASX suspension, the engagement and loyalty management platform My Rewards International (ASX: MRI) has entered into a $1 million loan agreement with promotional intelligence company iGoDirect Group. This loan is expected to support the Company for the medium term. It is critical
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