The Australian sharemarket has closed lower as the tech sector weighed on the bourse, led by losses at Xero after the ...

“Xero’s acquisition of Melio… comes with short-term earnings dilution, integration risks and heightened exposure to a ...

Melio, a payments provider for small and medium businesses listed in New York, was founded by Matan Bar, Ziv Paz, and Ilan Atias.The post Israeli startup Melio acquired for $3b ...

In today’s news, NATO’s “daddy strategy” conquers Donald Trump, Macquarie lists 10 ASX stock picks for a cold winter, and there’s a heart condition that’s a side effect of being super fit.

Xero Ltd (ASX: XRO) shares are tumbling today amid the $3.8 billion Melio acquisition. Here’s Macquarie’s 12-month share ...

This elusive hedge fund legend believes the “virtuous flywheel” of AI expansion could herald a golden age of investing as big ...

Xero is in a healthy financial position. As of the end of March 2025, the company had a net cash position of over NZD 1 billion.

The ASX 200 is down in the early moments of trading on Thursday following a mixed performance in the US. The index sank about ...

Welcome to West Asia News Updates, your source for the latest developments in regional geopolitics, energy markets, diplomacy ...

Accounting software group Xero has completed the $1.85 billion institutional placement that will help fund its near $4 ...

Xero said the acquisition of Melio will accelerate its global aspirations and solve a critical customer need in the U.S. by ...

Listed online accounting company Xero is spending NZ$4.1 billion on a US payments company, seeing opportunities in ...