After a slow start to the session, the Australian share market has inched higher, largely thanks to a buoyant energy sector.
A spate of upbeat earnings reports helped edge Wall Street higher but the advance was limited by concerns about trade tensions and the US government shutdown.
Coles will make a $146 million pre-tax provision in its first-half results as modernises distribution - cutting costs and jobs - with two new automated centres.
Australian Pharmaceutical Industries expects to sign a deal to commence due diligence in its $727 million takeover bid for Sigma Healthcare.
Australian shares are still lower with energy, mining, and financial stocks weighing heavily in the noon trade amid glum global economic sentiment.
Retirement fund manager Challenger Financial has flagged a 97 per cent plunge in first-half profit to just $6 million and cut its full-year guidance.
ASX-listed lithium miner Galaxy Resources has lifted its estimate of resources in Mt Cattlin Project in Western Australia by 42 per cent.
A gloomy global economic growth outlook, trade concerns and disappointing company forecasts dampened sentiment have helped propel US stocks lower..
BHP Group's second-quarter iron ore production fell nine per cent, hurt by the forced train derailment that disrupted supply.
Volt has become the first Australian digital bank to secure a full unrestricted banking licence and is aiming to capitalise on distrust of the big lenders.
Afterpay executives say they were "absolutely distressed" by a retailer's advertising campaign that encouraged consumers who were "broke AF" to use the service.