Ole Hansen, commodity strategy head at Saxo Bank, discusses market sentiment as oil jumped amid a weekend flare-up in US-Iran tensions. "Even with the setback we saw on Friday, these prices are still too high relative to what potential consumers are prepared to pay," Hansen tells Bloomberg Television.
The Federal Court of Australia has approved the merger between Diversified United Investment (ASX:DUI) and Australian United Investment (ASX:AUI).
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Chancellor Friedrich Merz said he plans to convene Germany's national security council, adding that the council is empowered to take immediate action to ensure the nation's energy security if needed. Meanwhile, Germany's sovereign wealth fund, known as Kenfo, is abandoning long-held restrictions on investing in weapons manufacturers. Bloomberg's Oliver Crook reports.
Sea Forest (ASX:SEA) announced a landmark 12-month exclusive agreement with Avondale Ag.
Scorpion Minerals (ASX:SCN) has submitted a mining lease application for the Old Prospect tenements within its Pharos Gold Project.
SRJ Technologies Group (ASX:SRJ) subsidiary, Air Control Entech, has secured a three-year call-off contract valued at US$4.4 million.
Terrain Minerals (ASX:TMX) completed a four-hole diamond drilling programme at its Lightning Gold Project.
PPK Group (ASX:PPK) entered into a share sale and purchase agreement to divest its entire 39.85% stake in Craig International Ballistics.
Nexalis Therapeutics (ASX:NX1) announced a clinical breakthrough with the screening of the first patient in its Phase 2 clinical trial for IRX-211.
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