Business
South Australia’s 10 biggest listed companies continue to claw back lost ground, growing their values by an average of 10 per cent on the Australian Securities Exchange for the month of May.
News
US crude oil futures collapsed overnight below $US0 for the first time in history, amid a coronavirus-induced supply glut, ending the day at a stunning minus $US37.63 a barrel as desperate traders paid to get rid of oil.
Get InDaily in your inbox. Daily. The best local news sent straight to your inbox every workday at lunchtime.
Thanks for signing up to the InDaily newsletter.
South Australians doubled their spending on groceries in the wake of social distancing enforcement measures while universities and Asian restaurants have been among the hardest hit sectors, new research reveals.
Global credit risk researcher Standard & Poors has reaffirmed Santos’ BBB-credit rating, fuelling an early jump in the South Australian oil and gas giant’s share price this morning.
Santos will slash its 2020 capital spend by $550 million and defer a final decision on a major Northern Territory gas project in a bid to counteract plunging oil prices and coronavirus.
Following the toughest few weeks on the ASX and global markets since the GFC, we catch up with Jason Beddow, the managing director of South Australia’s largest listed investment company Argo Investments.
