Monday, April 29, 2024

ASX-listed Telix Pharmaceuticals unveils potential plan for US listing

Melbourne-based biopharmaceutical giant Telix Pharmaceuticals announced today its plans for an initial public offering in the United States and listing on the Nasdaq Global...

Boss Energy concludes oversubscribed share purchase plan

Australian uranium company Boss Energy has announced the completion of an oversubscribed share purchase plan (SPP) with $29.6 million of applications. 

5E Advanced Materials kickstarts mining operations at 5E Boron Americas Complex

ASX-listed boron and lithium company 5E Advanced Materials has officially begun mining operations at its 5E Boron Americans Complex with the start of the wellfield injection process. 

Global manufacturing PMI remains in contractionary territory at end of 2023

The global manufacturing sector continued to see contractionary conditions in the last month of 2023 as intakes of new business shrunk further, driving production to decline for the seventh consecutive month. 

Australian manufacturing PMI ends 2023 with continued downturn – Judo Bank

Contractionary conditions in the Australian manufacturing sector persisted to the end of 2023 as domestic and global demand continued to decline, according to the latest Purchasing Manager’s Index (PMI) data from Judo Bank. 

PYC eyes AI-powered drug discovery partnership with Google Cloud

Clinical-stage biotechnology company PYC Therapeutics said it plans to partner with Google Cloud to build custom-designed machine learning models to develop a new generation of precision medicine models. 

Unleashed report reveals Aussie manufacturers’ resilience amid ‘squeezed middle class’

In a recent report released by inventory management software provider Unleashed, the state of Australian manufacturers is revealed to be in good health overall, with a Manufacturing Health Index score of 63 out of 100.

Orora acquires bottle manufacturing company Saverglass

Australian packaging manufacturer Orora Limited has completed the 100 per cent acquisition of Saverglass SAS, a global company that specialises in the manufacturing, customisation and decoration of high-end glass bottles for wine, cosmetics, perfume, food, and spirit markets.  

Global Manufacturing activity sees slower downturns in November

The Global manufacturing sector is moving closer to stabilisation in November, according to the latest composite index from JP Morgan and S&P Global. 

Australian manufacturing PMI reports continued contraction in November

Downturns in Australia’s manufacturing industry persisted in November, resulting in the lowest reading in the eight-year history of Judo Bank’s Purchasing Manager’s Index (PMI) survey outside of lockdown periods. 
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Beyond Insights: Building trust into digital transformation technologies

Digital transformation technologies are experiencing a gold rush in the manufacturing industry, not just in Australia but beyond. However, amid this surge in cutting-edge tech and automation processes, a fundamental element remains crucial: trust.