Author: Jordan

Commonwealth Bank says it expects intense competition from the likes of OpenAI and other technology giants as banking services move increasingly from branches to artificial intelligence-powered personal assistants.The country’s largest lender has launched its own agentic assistant, known as Companion, which it said can help retail and business customers with tasks such as calculating if they can afford a new loan.Loading… Source link

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Farmers have drastically scaled back their wheat crops this year in a trend that threatens to worsen the country’s cost-of-living crisis after soaring fuel and fertiliser prices from the Iran war and dry weather prompts growers to rethink the food staple.The three-month conflict in the Middle East and the closure of the Strait of Hormuz has already triggered a massive shake-up in global agriculture and sent commodity markets into a spin. Rabobank is now forecasting oil prices could spike to an average of $US120 a barrel in the coming months up from about $US70 before the conflict.Loading… Source link

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Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and mining exploration companies often lose money for years before finding success with a new treatment or mineral discovery. But while the successes are well known, investors should not ignore the very many unprofitable companies that simply burn through all their cash and collapse. So, the natural question for RoboRobo (KOSDAQ:215100) shareholders is whether they should be concerned by its rate of cash burn. In this article, we define cash burn as its annual (negative) free cash flow, which…

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12:01 AM, 1st June 2026, 42 seconds ago Landlords weighing their next portfolio move are cautious about buying again, with 52% saying they do not currently plan to purchase another property. Landbay’s latest landlord survey found 35% plan to add to their portfolios over the next 12 months. When asked about their prospects, 41% of landlords described themselves as neutral, 21.8% are positive and 36.8% negative. The response was more downbeat when landlords were asked about the UK economy. Some 69.2% expressed a negative outlook, against 27.1% who were neutral and 3.8% who were positive. Confidence stabilises Landbay’s sales and…

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The 1993 erotic thiller Sliver had a bizarre ending planned – and in trying to shoot it, three people were left stranded on an active volcano. There wasn’t an awful lot of enthusiasm back in 1993 when the erotic thriller Sliver was released in cinemas. On paper, it had looked a surefire hit for Paramount Pictures. Sharon Stone had rocketed up the list of Hollywood stars off the back of 1992’s Basic Instinct and its enormous success. Furthermore, screenwriter Joe Eszterhas was back from that film as well (this time adapting Ira Levin’s book), and legendary Hollywood producer Robert Evans…

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Mortgage rates were little changed last week amid continued uncertainty about inflation and the Iran war. The average 30-year mortgage rate was 6.53% in the week through Wednesday, according to Freddie Mac data, up slightly from 6.51% a week earlier. While mortgage rates remain lower than they were a year ago, their rise from around 6% in February has hurt affordability and sidelined some buyers and sellers. Citing the impact of higher energy prices, Zillow recently trimmed its forecast for home sales growth this year to 1.2%, from 4%. “The highest mortgage rates since last August have slowed borrower demand…

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ASUS Republic of Gamers (ROG) today announced that power supplies in the Thor III and Strix Platinum series are now bundled with the ROG Equalizer 12V-2×6 PCIe power cable. This cable features a 17-amp peak capacity that maintains a critical thermal margin, even under extreme conditions. Current owners of these power supplies who made their purchase before the inclusion of this cable can enter the serial number of their power supply on this ASUS web page to see if their device qualifies for a special discount code. This offer runs from May 28 to November 28, 2026. The ROG Equalizer…

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Vietnam’s Ministry of Finance has proposed allowing small and medium-sized enterprises to use digital assets, virtual assets and intellectual property as collateral for bank loans. The proposal is part of the draft revised Law on Support for SMEs, which is open for public consultation, according to Viet Nam News. The plan would widen the type of assets that businesses can use when applying for bank loans. Under the draft, SMEs could use assets formed in the future, property rights, intellectual property rights, intangible assets, digital assets, virtual assets and other lawful assets. The change would move lending beyond the current…

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