ASX treads water as Nvidia scandal rocks AI sector; Xero soars

I see now the error of my bargain-seeking ways and promise to do all my Christmas shopping with DJs, if I can find a store that’s still open.

BYD apologised for an assembly mistake that meant some of its Great Tang electric sport utility vehicles had their front and rear wheel rims installed in reverse.

The video game is the first new instalment in 13 years of one of the best-selling entertainment franchises in history. Australian businesses expect staff absenteeism to soar.

David Jones has told suppliers and staff that half of its stores will close as the receivers in charge of the embattled department store owner attempt to make the business viable again.

The Australian sharemarket edged up in Wednesday’s session, erasing early losses and shrugging off falls on Wall Street, where inflation figures spooked investors.

Augustus Minerals has hit a 71-metre-wide gold zone from 15m deep at its Music Well project in WA, with the rods now spinning at a new target with rock chips up to 30.4g/t.

Orbit Resources has started partner-funded drilling at its Goodrich copper-gold project in NSW, targeting extensions to a previous porphyry discovery that hit 136.55m of mineralisation.

The US president’s demands for falling interest rates are going to be ignored when the Federal Reserve responds to last month’s hotter-than-expected inflation rate.

Larvotto Resources has hit high-grade gold-antimony up to 9.61g/t gold equivalent at the Freehold prospect in its NSW Hillgrove project, doubling the mineralised strike to 700m.

Citing the impact of AI, the airline will send 850 back-office jobs, “mostly” to India, through professional services firm Accenture.

Locksley Resources has grown its NSW copper-gold footprint to 1,000sq km after securing a new licence hosting an undrilled 10km geological structure on the prospective Tritton Trend.