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Breville shares jump as global health and coffee craze boost profits

Breville shares jump as global health and coffee craze boost profits

The global health and coffee craze helped lift profits at the small appliances company, which reported a 20 per cent profit hike in its half-year results to $43.5 million.

  • by Sumeyya Ilanbey

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'People are very, very nervous': $2.4 billion tax crackdown has paralysed China's film industry
World markets

'People are very, very nervous': $2.4 billion tax crackdown has paralysed China's film industry

Its started in July when Fan Bingbing, China's highest-paid movie star, seemed to vanished from the face of the earth.

  • by Lucas Shaw and Jinshan Hong
Management fee surge propels Magellan profit
Earnings Season

Management fee surge propels Magellan profit

Wealth manager Magellan Financial Group posted strong first-half results as its average funds under management surged 35 per cent to more than $72.1 billion.

  • by Stephen Miles
Wall Street boosted as optimism over US-China trade talks grows
World markets

Wall Street boosted as optimism over US-China trade talks grows

Stocks finished broadly higher Wednesday as investors remained optimistic that the U.S. and China will make more progress in resolving their costly trade dispute.

  • by Marley Jay
8@eight: Positive start in store for ASX
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8@eight

8@eight: Positive start in store for ASX

What happened overnight and what's ahead for the ASX.

  • by Kyle Rodda
$7.1b powerhouse: Levi Strauss is making a Wall Street comeback after three decades away
Wall Street

$7.1b powerhouse: Levi Strauss is making a Wall Street comeback after three decades away

Denim is making a comeback, and so is Levi Strauss.

  • by Aparajita Saxena, Bharath Manjesh, Uday Sampath Kumar and Melissa Fares
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Losses from CSL, CBA drag ASX lower
Sharemarket

Losses from CSL, CBA drag ASX lower

The Australian sharemarket closed 0.3 per cent lower on Wednesday, as investors in the index heavyweights headed for the exits.

  • by William McInnes
Markets Live: ASX closes at 6063
Markets Live

Markets Live: ASX closes at 6063

S&P/ASX 200 closed 15.5 points lower at 6063. It hit 6094 in early trading and got dragged down in the afternoon.

  • by Lucy Battersby
Whales are coming back, but 'lucky' punters hurt SkyCity profits
Shares

Whales are coming back, but 'lucky' punters hurt SkyCity profits

International high-rollers are back, but the casino company's profits took a scalping because of “lucky” gamblers' winning streaks.

  • by Sumeyya Ilanbey
8@eight: ASX set for gains as optimism fuels Wall Street rise
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8@eight

8@eight: ASX set for gains as optimism fuels Wall Street rise

What happened overnight and what's ahead for the ASX.

  • by Kyle Rodda
The $19 trillion red flag: Americans have a debt problem
World markets

The $19 trillion red flag: Americans have a debt problem

A new report could signal a big economic downturn is on the horizon.

  • by Jonathan Spicer