IJR News — today's news from every side

IJR News — today's news from every side

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Latitude Group appoints Tim Eastwood, Pontak resignsBusiness — Jul 22, 2026Latitude Group Holdings Limited announced the resignation of Beaux Pontak as a Non-Executive Director and the appointment of Tim Eastwood, who will serve as the Deutsche Bank representative on the board, effective July 22, 2026. Eastwood, Deutsche Bank’s Head of Global Financing & Credit Trading Australia, brings more than two decades of experience in financing, credit, and capital markets to the board.

Tesla Q2 Revenue Up, Profits Down as Costs Rise — Jul 23, 2026Tesla posted a Q2 2026 revenue of $28.2 billion, up 26% year over year and driven by broad strength including Australia’s record Model Y sales, but profitability deteriorated as adjusted EPS came in at $0.33 vs $0.51 and GAAP operating income plunged 57% to $398 million with a 1.4% margin. The quarter reflected heavy expenditure on AI, robotics, and capital outlays, resulting in negative free cash flow despite a revenue record across automotive, energy, and services.

Lexaria Closes $5.9 Million Warrant ExerciseBusiness — Sep 8, 2026Lexaria Bioscience announces the immediate cash exercise of 453,969 warrants at a reduced price of $12.92, issuing equal Series A and short-term Series B warrants at $12.67 to raise about $5.9 million in gross proceeds for working capital and ongoing R&D; the deal includes a resale registration and placement arrangement, with the new warrants expiring five years and 18 months respectively. The company also plans to combine these proceeds with a $2.6 million Australian tax rebate to fund operations through 2027, leveraging the DehydraTECH platform to advance its drug-delivery initiatives.

KMD Brands Plans $1.04B FY26 Sales, Divests FacilityBusiness — Jul 21, 2026KMD Brands’ FY26 trading update shows Kathmandu delivering solid growth of 4.8% in direct-to-consumer sales while Rip Curl faces softer Australian demand and Oboz returns to growth, with group sales guided around NZ$1.04–1.44 billion and EBITDA expected NZ$38–41 million. Net debt is forecast to rise to NZ$63–66 million due to higher working capital and inventory, as the company proceeds with the phased divestment of its Southeast Asian manufacturing facility to strengthen the balance sheet.

IJRAmericans Fought To Save South Korea: Are South Koreans Forgetting?James P. Pinkerton · 5 min · 4h