-- Elders (ASX:ELD) has been appointed by Jumbuck Pastoral to sell adjoining sheep stations for house wool and sheep meat production in South Australia's Far North pastoral zone, the agribusiness company said in a statement on Monday.
The 1.3 million-hectare assets comprise Commonwealth Hill, Mobella, and Bulgunnia, with a combined capacity for over 83,300 sheep, the company said.
Applied BioCode's (TPE:6598) US unit has secured a 510(k) clearance from the U.S. FDA for its respiratory pathogen panel, according to a Monday Taiwan Exchange filing.The approval allows the panel to be used with the BioCode MDx 3000 system alongside Thermo Fisher Scientific's KingFisher extraction platform, adding to existing compatibility with systems from bioMérieux and Roche.The company said the clearance enables sales of the combined solution in the US, offers labs greater flexibility in extraction systems, and is expected to support its business and financial performance.
Qingling Motors (HKG:1122) signed repurchase agreements with a batch of dealers covering 10 new energy vehicles, according to a Thursday Hong Kong bourse filing.Shares of the firm were up nearly 5% in late morning trade on Monday.The maximum aggregate repurchase price under the deal is estimated at 2.1 million yuan, to be funded with internal resources, the filing said.The arrangement is part of Qingling's shift toward a finance lease model to boost sales of its new energy commercial vehicles.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:The UAE departed OPEC on Friday, removing the cartel's third-biggest member with 3.64 mmb/d crude production, trailing only Iraq (4.50 mmb/d) and Saudi Arabia (10.40 mmb/d). The departure gives the UAE flexibility to boost production beyond current quotas, though it remains constrained by Persian Gulf blockades limiting tanker traffic through the Strait of Hormuz. We think the impact is likely a 2027 event, as the UAE exports 2.75 mmb/d but its Habshan-Fujairah Pipeline only handles 1.5 mmb/d, making incremental volumes dependent on Strait transit. The departure could enhance crude oil volatility for 2026-2027. We think 2026 will see considerable scarcity, benefiting E&Ps with spot exposure over the next two quarters while prices stay high. We see high potential for an oil price debacle in 2027 when more crude reaches markets, coupled with economic toll from nosebleed prices. Even U.S.-centric firms like FANG remain price-takers exposed to global crude pricing.