ACCC clears $11.6B logistics provider Qube takeover
The competition regulator cleared the $11.6 billion acquisition of logistics firm Qube (ASX:QUB).

Jon is a former international magazine editor with a strong background in business publications (print and digital) in the Middle East and Australia.
The competition regulator cleared the $11.6 billion acquisition of logistics firm Qube (ASX:QUB).
Tether USDT (CRYPTO:USDT) is facing reduced access on several major cryptocurrency exchanges in Europe as platforms adjust their services to comply with the European Union’s Markets in Crypto-Assets regulation.
Hyperliquid (CRYPTO:HYPE) surpassed US$10 billion in perpetual futures open interest, highlighting growing demand for onchain trading of crypto assets, equities and commodities.
Redstone Resources (ASX:RDS) executed an agreement to acquire a 100% interest in Western Australian exploration projects.
West Texas Intermediate traded near $77 a barrel on Wednesday as markets reacted to a potential interim peace agreement between the United States and Iran that could allow Tehran to resume oil sales immediately.
ParaZero (NASDAQ:PRZO) announced it has received an additional purchase order for its DefendAir Net Pod system, marking the second such order from a business unit within a Tier-1 Israeli-based global defense company.
Deswell Industries (NASDAQ:DSWL) reported net sales of $28.1 million for the six months ended March 31, 2026, representing a 13.4% decrease compared to $32.4 million in the prior year.
Verastem Oncology (NASDAQ:VSTM) today announced positive updated safety and efficacy results from the RAMP 205 Phase 1b/2a Recommended Phase 2 Dose (RP2D) cohort of 29 patients evaluating its investigational combination regimen in first-line metastatic pancreatic ductal adenocarcinoma (PDAC).
Quantum technology firm EigenQ and blank-check company Silicon Valley Acquisition Corp (NASDAQ:SVAQ) executed a definitive business combination agreement to take the tech firm public.
CarMax (NYSE:KMX) reported a 6.2% increase in net revenues to $8 billion for the first quarter ended May 31, 2026.
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