The Perth company will issue 80 million shares at 50¢ each, giving it an indicative $158.3m market value when it hits the boards under the ticker INN.
Ryan Johnson
Rising oil and rate hike fears have delivered a double blow to the Australian sharemarket, sending the ASX 200 to a six-week low.
Cameron Micallef
China’s state-backed iron ore buyer has told some steel mills to hold off on purchases of Rio Tinto’s Pilbara Blend, as contract talks with the Australian miner reach a critical point.
Alfred Cang and Katharine Gemmell
Asian stock markets have closed mixed with South Korea's Kospi one per cent higher while Japan's Nikkei slipped.
Staff Writers
Core Lithium has become the latest lithium miner to bring supply back online to capitalise on a market rebound.
Adrian Rauso
The rising tide of oil prices has lifted the Aussie share market to a steady gain to open the week.
Blair Jackson
The Australian shipbuilder has confirmed a little-known Florida firm has entered the fray for Austal’s prized US operations.
Andrew Greene
Ingenia has knocked back a near-$2b cash approach from Warburg Pincus that came with one striking condition: walk away from Perth property developer Peet.
Japan's Nikkei has closed 2.1 per cent higher, while South Korea's Kospi jumped 4.6 per cent.
The Federal Government faces a fresh diplomatic balancing act as the world’s largest steelmaker looks to grow its slice of WA’s iron ore pie.
Adrian Rauso and Daniel Newell
SGH chief executive Ryan Stokes has been appointed chair of Australia’s biggest media group, Southern Cross Media.
Adrian Lowe
Stronger-than-expected US jobs figures have prompted investors to ramp up bets on interest-rate hikes, with all three major indices closing lower.
Stephen Culp and Niket Nishant
Some investors are treating long-term portfolios like trading accounts, according to PhillipCapital boss Craig Semmens, who says constant checking can lead to costly decisions.
An American investment firm will launch a last-minute bid to buy Australian-owned defence giant Austal USA in an audacious attempt to keep the global shipbuilding business from falling into South Korean hands.
LGT Wealth Management is hunting Perth advisers and steering wealthy families offshore as its local team eyes rapid growth.
The Australian sharemarket has fallen despite a strong lead from Wall Street – with miners and energy stocks dragging the market.
US stocks have closed higher as investors digested comments from Federal Reserve member Christopher Waller.
Nvidia Corp. has agreed to acquire artificial intelligence startup Hugging Face, which was at the centre of a recent high-profile cybersecurity incident.
Ryan Gould, Ian King and Rachel Metz
Former Beacon Minerals project manager Alexander McCulloch has been sentenced to 12 months’ imprisonment for insider trading over share tips that helped two mates pocket more than $177,000.
Australia’s major banks have led the ASX 200 to snap a three-day losing streak – but one stock has crashed to a 14-year low amid a scandal.
The Dutch Central Bank has shifted gold reserves worth about $US12 billion ($16.8b) from New York and Ottawa to London, citing concerns about increasing global geopolitical unrest.
Patrick Van Oosterom and Jack Ryan
Rising interest rates on government bonds influence consumer rates on mortgages, student loans, credit cards and more.
Ron Lieber and Tara Siegel Bernard
Shares in one of Australia’s largest travel businesses have plunged on relisting after the business was embroiled in an overcharging scandal last year.
