Australia Breaking News

Anthony Albanese reassures Australia of fuel security after the Viva Energy (ASX:VEA) refinery fire.

The Australian government has secured an additional 250,000 tonnes of urea fertiliser from Indonesia.

Contact Energy (ASX:CEN) has finalised its acquisition of King Country Energy, purchasing the remaining 24.98% stake.

Private equity firm Axight has entered into an agreement to acquire a minority stake in the La Trobe Financial Group.

Ora Banda Mining (ASX:OBM) posted gold production and a surge in cash flow as the Davyhurst Gold Project for the March quarter.

Albanese guarantees existing LNG contracts will remain exempt from new export taxes, prioritising Australia’s reputation as a reliable energy partner amid budget talks.

Elon Musk's lieutenants have reached out to chip industry suppliers including Applied Materials Inc., Tokyo Electron Ltd. and Lam Research Corp. for his envisioned Terafab, early steps in an audacious and likely arduous attempt to break into the production of cutting-edge chips.  Staff working for the joint venture between Tesla Inc. and SpaceX have sought price quotes and delivery times for an array of chipmaking gear, people familiar with the matter said. In past weeks, they've contacted makers of photomasks, substrates, etchers, depositors, cleaning devices, testers and other tools, according to the people, who asked not to be named disclosing private discussions. Bloomberg's Ed Ludlow joins to discuss.

EDO President & CEO Kevin Krim discusses Netflix's big push into broadcasting live events, especially live sports, referring to them as 'the engine that powers the whole ecosystem.' He talks with Romaine Bostick and Katie Greifeld on "The Close."

Ross Gerber, Gerber Kawasaki Wealth and Investment Management co-founder, president and CEO, says Netflix is in a phenomenal position and just "keeps printing money." Netflix gave a forecast for the second quarter that fell short of analysts expectations. Gerber speaks on "Bloomberg The Close."

Dr. Bea Bakshi, CEO & Co-Founder of C the Signs joins Bloomberg Businessweek to discuss the future of cancer detection and how AI is part of the solution even in the early stages.

MNTN CEO Mark Douglas discusses Netflix advertising revenue remaining on track despite after-market earnings report revealing profit outlook missed estimates. He talks with Katie Greifeld and Romaine Bostick on "The Close."

Ross Gerber, Gerber Kawasaki Wealth and Investment Management co-founder, president and CEO, says Netflix is in a phenomenal position and just keeps printing money. Netflix reported earnings that topped analyst estimates, but its forecast fell short. Gerber speaks on "Bloomberg The Close."