Reserve Bank of Australia cuts US dollar reserves to 45%
The Reserve Bank of Australia reduced its target US dollar foreign currency reserve allocation from 55% down to 45%.
The Reserve Bank of Australia reduced its target US dollar foreign currency reserve allocation from 55% down to 45%.
Tamboran Resources (ASX:TBN) has entered talks with global oil and gas firms to secure funding for expanding gas output.
Broadcom (NASDAQ:AVGO) reported fiscal third-quarter 2026 revenue of $29.6 billion, up 86% year over year, with higher earnings driven by growth across semiconductor and infrastructure software businesses.
HPE (NYSE:HPE) reported fiscal third-quarter 2026 revenue of $12.2 billion, up 34% year over year, with higher margins and earnings per share above its outlook range.
NetApp (NASDAQ:NTAP) reported record first-quarter fiscal 2027 revenue of $2.03 billion for the period ended July 31, 2026, up 30% year over year, with higher earnings and increased guidance.
Uber Technologies (NYSE:UBER) announced plans to cut approximately 3,300 jobs as part of a workforce overhaul aimed at simplifying its corporate structure and reducing management layers.
Ryanair (NASDAQ:RYAAY) cut its fiscal 2027 traffic target to 214 million passengers from 216 million as it reduces exposure to unhedged jet fuel costs during the winter season.
Alphabet’s Google (NASDAQ:GOOGL) avoided a forced breakup of its advertising technology business after a U.S. judge rejected the Department of Justice’s request to require the company to sell its advertising exchange AdX.
United Therapeutics Corporation (NASDAQ:UTHR) announced that the FDA accepted its supplemental New Drug Application for nebulized Tyvaso (treprostinil) Inhalation Solution as a potential treatment for idiopathic pulmonary fibrosis (IPF).
StealthGas (NASDAQ:GASS) reported second-quarter 2026 net income of $17.3 million, or basic earnings per share of $0.46, compared with $20.4 million and $0.55 per share in the prior-year period.
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