Australia Breaking News

The Government of Burkina Faso has issued a decree to acquire a 25% equity interest in the Kiaka Gold Operations from West African Resources (ASX:WAF).

Atlas Arteria (ASX:ALX) announced a 0.1% increase in proportionate toll revenue for the three months ended March 31.

Challenger (ASX:CGF) demonstrated momentum in its third-quarter update, headlined by a 19% growth in total life sales, reaching $1.7 billion.

Rio Tinto (ASX:RIO) reported a robust start to the 2026 financial year, delivering a 9% year-on-year increase in copper equivalent production.

Financial services provider HUB24 (ASX:HUB) reported net inflows for the third quarter of the 2026 financial year.

KMD Brands (ASX:KMD) has finalised the retail component of its approximately $58.5 million pro-rata accelerated renounceable entitlement offer.

Blackpearl Group (ASX:BPG) reported that annual recurring revenue surged to NZ$26.8 million as of March 31.

Apple (NASDAQ:AAPL) announced that Tim Cook will step down as CEO after a nearly 15-year tenure.

Yancoal Australia (ASX:YAL) has formalised contingency plans amid growing uncertainty regarding its diesel fuel security beyond May.

In a matter of months, Google's AI chips have become one of the hottest commodities in the tech sector. Leading artificial intelligence developers, including some of the firm's biggest rivals, are stocking up on them. Now, the Alphabet Inc.-owned company aims to build on its momentum with the likely introduction of new chips dedicated to inference, or running AI models after they've been trained. With this push, Google is poised to further challenge market leader Nvidia Corp. in a fast-growing category for semiconductors that's fueled by surging adoption of AI software. Bloomberg News AI Infrastructure Reporter Dina Bass joins Bloomberg Businessweek Daily to discuss. She speaks with Carol Massar and Tim Stenovec.

The Fair Work Commission issued a landmark order requiring major supply chain companies to pay owner-drivers for fuel price spikes.

"Apple is in good shape," Gil Luria, D.A. Davidson head of technology research, says while reacting to Apple naming John Ternus as the iPhone maker's next leader, with Tim Cook shifting to the role of executive chairman. He speaks on "Bloomberg The Close."