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October World Oil Production Drops

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Barbeques Galore Enters Voluntary Administration

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Barbeques Galore
Barbeques Galore
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Barbeques Galore has entered voluntary administration.

This new development comes after the company failed to find a new buyer.

Details of Barbeques Galore’s Voluntary Administration

According to a report by ABC News, Grant Thornton has been brought in as voluntary administration, while receivers from Ankura have already been appointed.

Liquidity issues have also been cited as a reason for the company’s collapse.

CEO David White said that “Management was excited to turn around the business and move to the next evolution of the brand.”

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“Considerable progress has been made in recent months, leading to significant improvements across the business and operations; however, ongoing liquidity challenges have led to the necessary restructuring of the business,” he explained.

Per a report by news.com.au, both the administrator and receivers believe that the company needs to be sold.

What Does This Mean for Employees, Franchises, and Customers?

As of writing, Barbeques Galore has 68 company-owned stores and 27 franchise stores across the country.

Franchises are not expected to be affected by the appointments and restructuring. However, the future of 500 jobs remains unclear.

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It has been assured, however, that in-store and online orders that have already been paid for or partially paid for will be honoured.

For those who have purchased gift cards and still have not used them, these can only be used if the buyer spends twice the amount of the card’s value in cash.

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Analysts divided over BHEL’s OFS for retail investors

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Analysts divided over BHEL's OFS for retail investors
Mumbai: Analysts are mixed about recommending retail investors to participate in BHEL‘s ₹4,422 crore offer for sale (OFS), with views split between caution over valuation and orderbook optimism. Brokerages broadly agree that investors with a medium to long term horizon may find merit in bidding in the share sale. Short term investors, however, are unlikely to see any immediate upside, with the OFS itself not expected to serve as a near term rerating catalyst.

The retail tranche of the two day share sale will open for bids on Thursday after the non retail portion was subscribed 2.3 times on Wednesday, the first day of the issue. Bids were placed for more than 22 crore shares against the 9.4 crore on the block, prompting the government to activate the green shoe option.

The stock fell 5.6% to ₹260 on Wednesday after the floor price was set at ₹254 per share compared with its Tuesday closing price of ₹276, implying an approximate 8% discount.

JM Financial said the floor price in the OFS valued the stock attractively, and maintained a buy rating with a target price of ₹355 per share, valuing the company at 30 times FY28 estimated earnings.

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The government is offloading up to 5% of its stake in BHEL via the two day OFS. Post the stake sale, the government will hold 58.17% in the company.


“The OFS appears more of a divestment exercise than a fundamental rerating trigger,” said Divyam Mour, research analyst at Samco Securities. “While the offer appears optically attractive, valuation and execution realities warrant careful consideration. We recommend only staggered participation for long term investors.”
BHEL’s order book has swelled from ₹89,813 crore in FY21 to ₹2,19,600 crore in H1FY26, lifting its book to bill ratio to 7.2 times amid a revival in thermal and infrastructure capex, he said. “At a trailing P/E (Price to Earnings) ratio of 108 times, the stock is pricing in meaningful operating leverage, sustained order inflows, and structural improvement in profitability,” said Mour. BHEL shares have risen over 30% in the past year, as against the 17% advance in the BSE Capital Goods Index.

Vinod Nair, head of research at Geojit Investments, said the OFS is attractive for retail investors on a long term basis. “The stock is currently trading at a 1-year forward P/S (Price to Sales) of 2.2 times, near its three-year average. valuations remain compelling. We maintain a positive long-term stance on the stock,” he said.

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Green light for $70m lifestyle resort in Two Rocks

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Green light for $70m lifestyle resort in Two Rocks

A development assessment panel has approved an over-50s lifestyle resort proposal for the northern end of the Perth metropolitan area, with the first stage to cost $70 million.

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Mattel Shares Drop 28% After Toy Maker’s Holiday Sales Sputter

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Mattel Shares Drop 28% After Toy Maker’s Holiday Sales Sputter

Mattel MAT -24.98%decrease; red down pointing triangle shares plunged as much as 28% in late trading after the toy maker said an anticipated surge in holiday sales came up short, and it issued a lower-than-expected profit forecast for 2026. 

The shortfall in sales in the critical weeks before Christmas prompted the maker of Barbie dolls and Hot Wheels cars to step up discounts, it said, putting a squeeze on profit margins. Both sales and profit came in below Wall Street expectations for the fourth quarter.

Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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Aeris Resources Limited (ARSRF) Aeris Resources Limited, – M&A Call – Slideshow

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Aeris Resources Limited (ARSRF) Aeris Resources Limited, – M&A Call – Slideshow

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‘McMansions’ become liability as buyers reject wasted scale in housing market

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'McMansions' become liability as buyers reject wasted scale in housing market

The “McMansion” is officially moving from a status symbol to liability.

Twenty years after the 2006 housing boom, new data from Zillow reveals a fundamental reversal in the American Dream: Buyers are ditching “wasted scale” and mahogany-heavy footprints for high-efficiency “sanctuaries.”

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As insurance premiums and property taxes soar, real estate experts warn that the oversized, unoptimized estates of the mid-aughts are becoming a financial exposure for homeowners who fail to adapt.

“The appetite for space hasn’t disappeared, but the definition of value has evolved. Buyers still want room for family, entertaining and flexibility. What they don’t want is excess without purpose,” Catena Homes principal Harrison Polsky told Fox News Digital.

HOUSING MARKET COOLS AS PRICE GROWTH HITS SLOWEST PACE SINCE GREAT RECESSION RECOVERY

“With rising insurance costs in Texas and higher property taxes, a 5,000-plus-square-foot home that isn’t energy efficient or thoughtfully designed can absolutely feel like a liability. But a well-built, high-performance home of that size with strong insulation, efficient systems and functional layout still represents the American Dream here,” he added. “The shift isn’t away from scale entirely; it’s away from wasted scale.”

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A large home under construction

Construction workers build a new home in August 2006 in a new subdivision in Sugar Grove, Illinois, a suburb outside of Chicago. (Getty Images)

“In Palm Beach County, scale still has strong appeal, particularly in waterfront and estate communities. However, soaring insurance costs in Florida have changed buyer behavior,” RWB Construction Management founder Robert Burrage also told Fox News Digital.

“A 6,000 or 7,000-square-foot home built in 2006 without impact glass, elevated construction, modern roofing and generator systems can absolutely feel like financial exposure,” Burrage noted. “Buyers are willing to pay for size, but only if it’s engineered for resilience.”

Going back to 2006, luxury was granite and mahogany. In 2026, Zillow says it’s pickleball courts and golf simulators (with listing mentions up 25%) to whole-home batteries (up 40%) and zero-energy-ready homes (up 70%).

“Resilience and lifestyle go hand in hand. Whole-home generators, battery storage, hurricane-rated systems, smart-home integration and expansive outdoor living are expected,” Burrage said.

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“A large home without those features narrows the buyer pool significantly. Meanwhile,” he said, “a slightly smaller but technologically advanced home designed for indoor-outdoor living often performs better in terms of demand and pricing.”

“Today’s buyers are far more educated about operating costs and long-term durability,” Polsky agreed. “In this market, lifestyle infrastructure and sustainability are no longer bonuses. They’re baseline expectations.”

Resale advice used to be: “Keep it beige.” Now, Zillow finds buyers offer more for olive green and charcoal gray, with “color drenching” mentions up 149%. The experts said the “beige box” of the mid-aughts is a harder sell now.

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“The sterile beige spec home from the mid-2000s definitely feels dated. Buyers today respond to depth and personality but it has to be curated,” Polsky said. “We’re encouraging sellers to modernize with warmer neutrals, layered textures, and intentional color moments. ‘Safe’ used to mean blank. Now safe means thoughtfully designed. Homes that lack character tend to photograph poorly and sit longer.”

“Buyers want lighter, organic palettes with architectural texture and contrast,” Burrage weighed in. “We’re advising our clients who are building with us to keep interiors fresh and light strategically. A thoughtful design can materially impact buyer perception and final sales price.”

As millennials and Gen X become the primary buying force, they are rejecting the norms of what once was. The real estate experts both answered “yes” when asked if the market is seeing a permanent cultural shift in what “luxury” means.

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“Boomers selling older estates should strongly consider modernizing systems and aesthetics,” Burrage said. “Buyers are comparing them to newly built coastal homes engineered for climate durability and lower operating risk.”

“Boomers selling 2006-era estates need to understand that today’s buyers compare everything to new construction with modern infrastructure. Updating mechanical systems, improving energy performance and refreshing interiors before listing can dramatically improve positioning,” Polsky pointed out. “The American Dream hasn’t gone away, it’s simply become more intentional. Buyers want homes that support how they live, not just how they’re seen.”

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Aussie shares pare early gains to fade from record

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Aussie shares pare early gains to fade from record

Australia’s share market has retreated after brushing up against record highs as heavyweight earnings results weighed against shocking misses for smaller companies.

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Grayscale Bitcoin Trust ETF: Buy It, Just Not Now

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Grayscale Bitcoin Trust ETF: Buy It, Just Not Now

Grayscale Bitcoin Trust ETF: Buy It, Just Not Now

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NTPC climbs 12% in three months on thermal additions, renewable growth bets

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NTPC climbs 12% in three months on thermal additions, renewable growth bets
ET Intelligence Group: Shares of NTPC have risen around 12% over the past three months compared with the 2.9% gain in the ET Power index. Investors are betting on the company’s capacity addition and green energy initiatives amid potential future demand. India’s largest power generator has an installed capacity of nearly 86 gigawatt (GW) as of December 2025 and nearly 33 GW under construction. It plans to add 6.5 GW of new thermal capacity while accelerating renewable additions through its subsidiary NTPC Green Energy (NGEL). It is also ramping up investments in energy storage and nuclear technologies under the SHANTI Act.

Of the total 33 GW currently under construction, about 16.5 GW is coal-based, 1.9 GW is hydro, and roughly 15 GW comprises renewable projects. According to the company management, the company expects the 1,350 megawatt (MW) Sinnar Thermal Power Plant acquisition to close shortly following approval of the resolution plan submitted by NTPC and Maharashtra State Power Generation Company by the National Company Law Tribunal (NCLT). The acquisition will also bring nearly 1,600 acres of land for future growth.

The company’s green-energy arm NGEL has commissioned 2.6 GW so far in FY26 and is likely to complete another 2.5 GW, in line with the target of 5 GW for the year. The subsidiary has a capacity-addition target of 8 GW each in FY27 and FY28. NGEL’s Power Purchase Agreement tie-ups remain strong at 82% for FY26, 83% for FY27, and 60% for FY28, with an overall 74% PPA coverage across its around 20 GW pipeline.

Capacity Addition, Green Shift may Power up NTPCAgencies

Target 10-15% higher Analysts have retained ‘buy’ on the stock citing expansion across thermal and renewable projects

The company is simultaneously ramping up its presence in energy storage. It is in the final stages of evaluating a 5 GWh of battery energy storage system (BESS) across 16 stations under Section 62 where BESS projects are awarded with regulated tariffs approved by regulators, rather than through competitive bidding. It has also finalised a 320 MWh BESS project in Kerala.
In hydropower storage, the third unit of the Tehri pumped-storage project has been commissioned, with the final 250 MW unit scheduled before FY26 ends. Preliminary studies are also underway for around 13 GW of pumped-storage projects allocated by various states.

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Analysts have retained ‘buy’ rating with 10-15% higher target prices than the current market price of ₹367. “NTPC continues to make efforts to diversify its generation portfolio. Progress on execution of new thermal projects remains a key variable to monitor,” noted JM Financial Institutional Securities in a report. The broking firm has revised the target price to ₹420 from ₹397 earlier.

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VestoFX.net Review: Is This Trading Platform Any Good?

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VestoFX.net Review: Is This Trading Platform Any Good?

In this VestoFX.net review, we take a detailed look at what the platform offers, how it works, and what traders can expect when using it for CFD trading across multiple global markets.

The goal is to explain the platform in clear, simple language so everyday traders can understand whether it fits their trading style and experience level.

VestoFX.net Review: What Is VestoFX.net and Who Operates It?

VestoFX.net is an online CFD trading platform designed for traders who want access to multiple asset classes through one account. The platform focuses entirely on Contracts for Difference (CFDs), allowing traders to speculate on price movements without owning the underlying assets.

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This website (www.vestofx.net) is operated by Fairmont Financial Services (PTY) LTD, a South African investment firm.

The company is authorized and regulated by the Financial Sector Conduct Authority (FSCA) of South Africa and operates under Financial Service Provider (FSP) license number 51766.

VestoFX.net Review: What Markets Can Traders Access?

One of the main highlights in this VestoFX.net review is the range of CFD markets available. The platform brings together several popular asset classes that appeal to traders worldwide.

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Traders can access CFDs on:

  • Cryptocurrencies
  • Forex currency pairs
  • Commodities such as metals and energy products
  • Shares of selected companies
  • Global indices

All instruments are traded strictly as CFDs, allowing traders to focus on price movements rather than ownership.

VestoFX.net Review: How Does CFD Trading Work on the Platform?

CFD trading on VestoFX.net enables traders to speculate on whether an asset’s price will move up or down. Instead of purchasing the asset itself, traders open positions based on price changes.

The platform supports trading in both rising and falling markets.

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Tools such as stop-loss and take-profit features are available to help traders manage positions more effectively.

VestoFX.net Review: Is This Trading Platform Any Good?

VestoFX.net Review: How Does the Trading Platform Operate?

VestoFX.net provides a web-based trading platform that can be accessed from different devices. The interface is designed to be straightforward, making it easier to monitor markets and execute trades.

Key platform features include real-time charts, trade execution tools, account balance tracking, and market monitoring features. The layout avoids unnecessary complexity, which may appeal to both new and experienced traders.

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VestoFX.net Review: How Can Traders Register an Account?

The registration process on VestoFX.net begins with creating an online account. Traders are required to complete a questionnaire during sign-up.

This questionnaire collects information about trading experience, financial background, and understanding of CFD products. Completing it accurately is part of the onboarding process before funding the account and accessing live trading.

VestoFX.net Review: What Account Types Are Available?

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VestoFX.net offers four distinct trading account options, structured to suit a wide range of traders, from those just entering the CFD market to highly experienced participants.

The Basic Account is designed for beginners and requires a minimum deposit of $250. It features floating spreads starting from 3.0 pips on EUR/USD, 3.4 pips on GBP/USD, and 3.3 pips on USD/JPY.

This account allows new traders to begin with a relatively low initial commitment and includes one free withdrawal, making it a practical starting point.

The Gold Account is aimed at traders with more market experience and comes with a minimum deposit requirement of $25,000. Compared to the Basic Account, it offers improved trading conditions, with spreads starting from 2.7 pips for EUR/USD, 3.1 pips for GBP/USD, and 3.0 pips for USD/JPY.

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Gold account holders also receive one free withdrawal per month, supporting more frequent trading activity.

For traders looking for more advanced conditions, the Platinum Account requires a minimum deposit of $100,000. This account provides tighter spreads, beginning at 2.1 pips for EUR/USD, 2.5 pips for GBP/USD, and 2.4 pips for USD/JPY.

In addition, Platinum traders benefit from three free withdrawals each month, offering greater flexibility in managing funds.

The VIP Account is structured for professional traders seeking premium trading conditions. With a minimum deposit of $250,000, this account offers the most competitive spreads, starting at 1.6 pips for EUR/USD, 2.0 pips for GBP/USD, and 1.9 pips for USD/JPY.

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VIP account holders enjoy unlimited fee-free withdrawals, supporting high trading volumes and active fund movement.

Overall, these account options allow traders to choose a structure that aligns with their experience level, trading activity, and financial objectives, while progressively offering tighter spreads and more flexible withdrawal benefits at higher tiers.

VestoFX.net Review: What Can Traders Invest In Using These Accounts?

All account types provide access to the same core CFD markets, including crypto, forex, commodities, shares, and indices. Differences between accounts relate to trading conditions and platform features rather than market availability.

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This setup allows traders to diversify their CFD trading activity across multiple asset classes within one platform.

VestoFX.net Review: Who Is the Platform Designed For?

VestoFX.net is built for traders from around the world, including Switzerland, UAE,Saudi Arabia, Malaysia, Kuwait, Singapore. Its multi-asset CFD structure may appeal to traders who prefer managing different markets from a single account.

With multiple account options, the platform supports traders at different experience levels and trading volumes.

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VestoFX.net Review: Is This Trading Platform Any Good?

VestoFX.net Review: What Are the Key Strengths and Limitations?

Strengths include:

  • Access to multiple CFD markets
  • Clear account type structure
  • Regulated operator under the FSCA

Limitations to consider:

  • Only CFD trading is available
  • Trading conditions depend on the selected account type

This balanced overview helps set realistic expectations.

VestoFX.net Review: Final Thoughts on the Platform

This VestoFX.net review presents a CFD trading platform focused on providing access to crypto, forex, commodities, shares, and indices through a single interface. The platform emphasizes clarity, structured onboarding, and multiple account choices.

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Rather than offering unnecessary extras, VestoFX.net focuses on core CFD trading functionality, making it a platform worth exploring for traders seeking multi-market exposure.

FAQs

Is VestoFX.net suitable for beginners?
Yes, the Basic account and simple platform layout support new traders.

What markets are available on VestoFX.net?
CFDs on crypto, forex, commodities, shares, and indices.

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Do traders own assets on VestoFX.net?
No, all trading is done through CFDs only.

Can traders from Switzerland use the platform?
Yes, traders from Switzerland and many other countries can register.

Are multiple account types available?
Yes, Basic, Gold, Platinum, and VIP accounts are offered.

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