Australia Breaking News

President Donald Trump said in a phone interview on Friday that Iran agreed to suspend its nuclear program indefinitely and will not receive any frozen funds from the US in exchange for the move. Tyler Kendall reports on Bloomberg Television.

President Donald Trump says Iran is removing sea mines from the Strait of Hormuz. He also says NATO is now offering to help secure the waterway. Bloomberg's Alaric Nightingale reports.

Federal Reserve Bank of San Francisco President Mary Daly says leaving rates unchanged would still restrain inflation and both long- and medium-term inflation expectations are well-anchored during remarks at UC Berkeley.

Federal Reserve Bank of San Francisco President Mary Daly says it is too early to know whether the war in Iran will create a long-term economic shock during remarks at UC Berkeley.

Iran said it would open the Strait of Hormuz for the duration of a 10-day ceasefire between Israel and Hezbollah in Lebanon, increasing the prospect of an agreement to end the wider war in the Middle East.

Federal Reserve Bank of San Francisco President Mary Daly says the war in Iran and the resulting oil price shock have made the path of Fed policy uncertain during remarks at UC Berkeley.

Nik Storonsky, Revolut co-founder and CEO, said he wants to take the London-based digital bank public, but not until at least 2028, extending the timeline on one of Europe's most anticipated offerings. "Two years away," Storonsky said regarding a potential initial public offering in an interview with David Rubenstein for an upcoming episode of "The David Rubenstein Show: Peer to Peer Conversations."

Nuclear energy is heading to space, and fast. Oklo CEO Jake DeWitte joined Bloomberg Open Interest to explain why nuclear power is the only viable solution for lunar bases and deep space missions, how US policy is accelerating development, and why falling behind rivals like Russia and China could shape the future of space dominance.

Airlines are hiking prices, cutting perks, and travelers still can't get enough. Points Guy Founder Brian Kelly joins Bloomberg Open Interest to break down why airfare isn't dropping anytime soon, how airlines are quietly stripping value from tickets, and why massive demand is keeping the entire system afloat despite rising costs and frustrations.

Airlines are hiking prices, cutting perks, and travelers still can't get enough. Points Guy Founder Brian Kelly joins Bloomberg Open Interest to break down why airfare isn't dropping anytime soon, how airlines are quietly stripping value from tickets, and why massive demand is keeping the entire system afloat despite rising costs and frustrations.

Netflix stock is taking a hit, but just how much can be attributed to Reed Hastings' exit  Sarah Hunt of Alpine Woods and Geetha Ranganathan of Bloomberg Intelligence break down why investors are reacting to weak guidance and a massive $20 billion spending surge.

Netflix stock is taking a hit, but just how much can be attributed to Reed Hastings' exit  Sarah Hunt of Alpine Woods and Geetha Ranganathan of Bloomberg Intelligence break down why investors are reacting to weak guidance and a massive $20B spending surge.