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  • US shares flat again, XJO expected to do the same

    The XJO is expected to edge higher on open this morning following a second night of indecision in the U.S which saw their market finish marginally higher. Their futures are also meekly in the green. Our market pulled back yesterday, likely due to sticky unemployment numbers which our market would have preferred to see come

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  • Novatti cashing out of Reckon investment, clears debt to simplify payments business

    Digital payments company Novatti Group (ASX: NOV) will save $4 million over the next four years having cleared their balance sheet of debt and corresponding interest payments after selling their stake in business software company Reckon (ASX: RKN) in favourable circumstances.  As shareholders of Reckon, Novatti has earned $15.2 million in cash dividends since acquiring

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  • Australian Agricultural Company beefs up cost-saving efforts after declining sales

    Two hundred years ago, the cattle farming company Australian Agricultural Company (ASX: AAC) was set up to produce wool, tobacco, flax and more until it transitioned to cattle breeding. While its problems then had to do with the quality of land; now, it is part of the modern zeitgeist, having to bear massive inflationary pressures. 

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  • Rice, rice, baby: YPB Group signs three-year deal with Addera for rice packaging in Peru

    Authentication and consumer engagement solutions creator YPB Group (ASX: YPB) has signed a three-year Master Service Agreement (MSA) with Addera, a Peru-based packaging company with clients in the country’s rice industry. Rice is a significant industry in Peru, accounting for 12% of agricultural production by value. Come 2026, the South American country is expected to

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  • Markets stall after the recent strong gains

    The XJO is expected to edge lower on open this morning following a flat night in the U.S which saw their market hold their key resistance. Weakness is also likely stemming from their negative futures this morning. Yesterday we had a strong rally to follow the U.S’s extraordinary break higher on Tuesday night. Their market

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  • Are digital humans the future of online business? McKinsey and UNITH say yes

    A 2023 McKinsey report shed light on research wherein one company with 5,000 customer service agents saw its issue resolution improve by 14% an hour, time spent reduce by 9%, and requests to speak to a manager decline by 25%—and it’s all thanks to generative AI.  According to McKinsey, USD $4.4 trillion of value that

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