Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

Trump tariffs may benefit Australian steel company BlueScope

BlueScope could benefit from Trump’s steel tariffs, boosting prices and competitiveness despite risks from increased Chinese imports.

Published

on

BlueScope could benefit from Trump’s steel tariffs, boosting prices and competitiveness despite risks from increased Chinese imports.

In Short

Australia may receive an exemption from Trump’s steel tariffs, benefiting BlueScope as steel prices surge. Despite profit declines, BlueScope expects improved US demand and plans for dividends and share buybacks.

Australia may gain an exemption from Donald Trump’s steel tariffs, presenting a potential advantage for Australian business BlueScope.

During a recent shareholder meeting, BlueScope’s managing director Mark Vassella noted that prices for steel surged 20 per cent following the tariff announcement.

He described the current market dynamics, suggesting that with the tariffs, the US remains an attractive market for steel investment. Vassella recalled similar price increases after Trump’s previous tariffs in 2018, hinting that prices might rise further by 25 per cent if Australia receives an exemption.

BlueScope produces significant steel from its US facility while exporting a smaller amount from Australia. Vassella expects a positive outcome for BlueScope due to the tariffs despite potential disruptions in the Australian market from redirected steel imports.

Trump’s tariffs

The tariffs align with Trump’s economic vision, aiming to protect US jobs and economy while increasing local prices. Australian Prime Minister Anthony Albanese has communicated with Trump regarding the tariffs, with the possibility of an exemption being discussed.

Despite a reported decline in profits for BlueScope due to challenging market conditions, the company anticipates a rebound in US demand. BlueScope has also announced plans for dividends and a share buyback, reflecting confidence in future growth.

Continue Reading

News

Pixel 10 series pricing revealed, no changes expected

Google’s Pixel 10 series pricing in Europe holds steady, with no price increases or decreases, per leaker Roland Quandt.

Published

on

Google Pixel 10 series pricing confirmed in Europe; no price increases or decreases expected.

In Short:
– Google Pixel 10 series pricing in Europe revealed; no price increase expected.
– Nintendo announced more playable demos for Donkey Kong Bananza ahead of its release.

A reliable leaker has disclosed pricing details for Google’s upcoming Pixel 10 series in Europe. The report suggests that the prices for the new models will remain consistent with previous versions, indicating that Google is not increasing costs.

Roland Quandt from WinFuture confirmed that the Pixel series will not see price reductions either. This news comes as consumers await official announcements regarding the devices.

In other news, Nintendo has revealed that it will release more playable demos for Donkey Kong Bananza, set to launch soon. Residents of Canada will be able to experience these demos, enhancing the anticipation for the game.

Samsung recently introduced its latest foldable smartphones, the Galaxy Z Fold7 and Galaxy Z Flip7, during the Summer Galaxy Unpacked event. These devices are lighter, thinner, and have improved durability compared to their predecessors.

In the gaming sector, the Esports World Cup 2025 has begun in Riyadh, Saudi Arabia, featuring Fatal Fury: City of the Wolves as one of its opening events. A total of 16 players have qualified to compete.

Meanwhile, 2K Games issued two patches for WWE 2K25, although the latter update has inadvertently caused issues with a popular game feature. Players are encouraged to follow the official channels for further information.

Finally, Belkin announced that it will discontinue support for most of its Wemo smart home products, leaving users without updates or functionality after January 31.

For more: https://9to5google.com/2025/07/12/google-pixel-10-series-price-leak/

Continue Reading

News

Trump nominates controversial Malaysia ambassador

Trump nominates Sydney influencer Nick Adams as US ambassador to Malaysia amidst diplomatic concerns and a controversial past.

Published

on

Trump nominates Sydney influencer Nick Adams as US ambassador to Malaysia amidst diplomatic concerns and a controversial past.

Donald Trump has nominated Nick Adams, a former suburban councillor from Sydney, to be the US ambassador to Malaysia.

Adams, who has built a significant following as a MAGA influencer, is known for his self-presentation as an “alpha male” and “cultural thought leader”. His nomination is pending confirmation by the US Senate.

Adams previously made headlines as a deputy mayor in Ashfield for a controversial proposal to eliminate pigeons to prevent bird flu. He was suspended from the Liberal Party after verbal abuse towards a journalist in 2009, although he claimed to have resigned prior to the suspension.

Now an American citizen, Adams has founded a nonprofit organisation aimed at promoting conservative values among children. He is known for advocating “patriotic boycotts” against companies perceived to promote progressive values.

In a post following his nomination, Adams expressed gratitude to Trump for the opportunity to serve, highlighting his commitment to America. His past includes an educational background in media and communications, and he has been involved in various publicity stunts, some of which attracted media attention.

Experts have expressed concern over his lack of diplomatic experience, suggesting his appointment could damage US-Malaysia relations, especially given current geopolitical tensions.Adams’s appointment is viewed by some as a sign that Trump does not prioritise the foreign service, potentially leading to challenges in diplomatic relations with Malaysia.

Continue Reading

News

Mushroom foraging tours face rising insurance costs

Erin Patterson’s murder trial has increased insurance costs for mushroom foraging tours, though insurers deny a direct link.

Published

on

Erin Patterson’s murder trial has increased insurance costs for mushroom foraging tours, though insurers deny a direct link.

In Short:
Erin Patterson’s trial for poisoning relatives has raised concerns about rising insurance costs for mushroom foraging tours in Australia, impacting operators like Feresh Pizarro and Natasha Vorogushin. Despite increased premiums, the Insurance Council maintains these changes are not directly related to the trial, highlighting a need for better public education on fungi.

The trial of Erin Patterson, who poisoned three relatives with death cap mushrooms, has affected mushroom foraging tours in Australia.

Operators report rising insurance costs, though the Insurance Council of Australia states these increases are unlikely linked to the trial. Patterson was recently convicted, prompting concerns among tour guides like Feresh Pizarro, who claims her insurance premiums have skyrocketed, threatening her business viability.

She explains the importance of educating the public about fungi, which play significant ecological roles. Similarly, Natasha Vorogushin from Morwell faces challenges obtaining adequate insurance for her foraging workshops, illustrating industry-wide issues.

Insurance costs

Richard Ford, a tour operator in Mount Macedon, also notes high insurance costs looming over his activities. Despite these challenges, the Insurance Council asserts that insurance adjustments often do not arise from perceived risks associated with singular events, such as Patterson’s case.

University of NSW actuarial studies professor Michael Sherris believes that while premiums are rising generally, this specific trial is unlikely to affect the insurance landscape for mushroom foraging.

Continue Reading

Trending Now