Artificial intelligence (AI) and sustainability are the two buzzwords ruling the roost across the world at the moment. As companies race to cement an image of being tech forward and eco-conscious, partnerships have become crucial. IT service provider NEXION Group Ltd (ASX: NNG) has strengthened its partnership with IBM Australia Ltd (IBM) by entering into
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In the art of water pump mastery, how does a specialist manage to deliver a second consecutive year of positive operating cash flow? The metals and mining industry is the most significant sector on the ASX, comprising more than 650 companies engaged in exploring, developing, and producing various commodities like gold, iron ore, copper, nickel,
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About 300 million people worldwide experience depression. Many symptoms underline their experience, with disturbed sleep being a common pattern. However, not enough research goes into unearthing if people with sleep disorders are suffering from more than just that. That’s where mental health tech company Medibio Limited (ASX: MEB) comes in. The Company has achieved a
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Over half of the world’s population is at risk from vector-borne diseases (those from mosquitoes, ticks, fleas and such), as per the World Health Organisation (WHO). Malaria claims 200 million victims yearly, with over 400,000 lives lost, mostly children under five. Zika virus emerges as a global health emergency, while Dengue Fever’s death toll has
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While Australia’s retail industry continues industry-wide struggles, eCommerce company Harris Technology (ASX: HT8) is focusing its growth on friendlier retail markets while Australia faces a spending crunch, catalysed by rising interest rates which have put immense pressure on household spending. Ongoing interest rate rises enforced by the Reserve Bank of Australia have hit all retailers
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Cannabis is the most widely-used illicit drug worldwide; about 2.5% of the world, i.e. approximately 150 million people, consume cannabis, and Australia is among the top countries leading the trend. While it sounds the alarm on the concerning drug abuse problem, it also signals a profitable market for companies in the field. Cannabis-based medicine and
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Network services provider Service Stream (ASX: SSM)—specialising in building and maintaining wireless networks, roads, electrical lines and more—has won two new agreements, poised to generate approximately $340 million in revenue over their respective terms. The news comes as a significant boost for the Company amidst recent financial challenges. Managing Director, Leigh Mackender, commented, “As a
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You might be reading this news piece from your office desk or from a balcony in sunny Italy. It does not matter. Since the COVID-19 pandemic, we’ve seen a rise in flexible working arrangements, and this has had an impact on business travel both from the company and employee perspectives. On the one hand, many
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It seems fewer people are putting a Michael Hill (ASX: MHJ) ring on it, as the retail company witnesses a decline in its sales and earning. The persisting inflationary environment has left people putting huge life events, like engagements, on the backburner till the wallet can weather this storm. Discretionary spending has declined, and balance
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“Officials from the corporate regulator arrived at the Nuix headquarters in Sydney searching for evidence that the company’s chief executive, Jonathan Rubinsztein, traded shares while possessing confidential information.” Wrong, said tech company Nuix (ASX: NXL), responding to a claim by the Australian Financial Review. For one, the regulators sent an email. Secondly, the investigation took
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