BusinessAustralian Associated PressMarkets subdued as investors mull rates
World shares have struggled to extend a bounce off four-week lows, oil prices have hit their highest in well over two years, and indecisive bond markets have been stuck flip-flopping on inflation and interest rate moves.Europe's STOXX 600 was quick to give back early gains on Tuesday as falls in technology and healthcare stocks - the main winners from the COVID pandemic - offset a modestly higher UK FTSE with its oil and mining firms.
BusinessAustralian Associated PressWoolies' Endeavour cleared for ASX debut
Woolworths' pubs and liquor stores business Endeavour will debut on the ASX in the next couple of weeks after shareholders approved a demerger.Woolworths shareholders on Friday voted to demerge Endeavour, which owns BWS and Dan Murphy's, as well as hotels.
BusinessAustralian Associated PressSeven shares surge on earnings forecast
Seven executives have forecast full-year earnings that exceed analysts' estimates and say the momentum will continue with its Olympics and Ashes coverage.Shares surged by more than 22 per cent after the broadcaster said fourth-quarter sales revenue was up by 45 per cent on the COVID-ravaged previous equivalent period.
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