Venus Metals (ASX:VMC) announced that a subsidiary of IGO (ASX:IGO) has elected to proceed with Stage 2 of its farm-in at the Bridgetown-Greenbushes Exploration Project in Western Australia, committing $3 million to further exploration under the existing joint venture agreement with VMC's subsidiary.
The federal government has warned it will redirect a $23 billion hospital funding boost toward its own health priorities if states refuse the offer, amid escalating tensions over the National Disability Insurance Scheme and rising healthcare costs.
Prime Minister Anthony Albanese criticised Queensland Health Minister Tim Nicholls for publicly labeling the funding offer inadequate, saying the disclosure undermined efforts to negotiate in good faith.
US-based internet forum Reddit has filed a High Court challenge against Austraila's recent social media ban for users under 16, citing "serious privacy and political expression issues for everyone on the internet," a company spokesperson said.
In court filings lodged on Dec. 12, Reddit argues the ban infringes the country's implied freedom of political communication, restricting children from engaging in online political discourse—a factor that, the company contends, informs the views of parents, teachers, and future voters.
Oil rallied from its lowest close in almost two months, buoyed by bullishness in broader financial markets. Meanwhile the International Energy Agency trimmed its estimates for a global oil supply surplus this year and next for the first time in several months. This as demand strengthens and output growth slows. Sara Vakhshouri, President & Founder of SVB Energy International told Bloomberg's Jennifer Zabasajja on Horizons Middle East and Africa, the IEA is now closing the gap with OPEC on its demand forecast.
Prime Minister Anthony Albanese has announced a deal aimed at securing the future of the Tomago aluminium smelter in the Hunter region, assuring that roughly 1,000 jobs will be preserved.
The agreement, reached with the facility's board, will link the smelter to renewable energy sources, helping to reduce electricity costs and extend its operations beyond the previously threatened 2028 closure.
IndiGo's worst crisis in two decades triggered the cancellation of more than 2,000 flights last week, stranding tens of thousands of passengers nationwide. With IndiGo controlling about 65% of the domestic market, the chaos has exposed deep cracks in Indian aviation and prompted government intervention to restore order. Former Indian Director General of Civil Aviation, M R Sivaraman, shared his thoughts on the issue on Bloomberg's Insight with Haslinda Amin.
Two years before South African President Cyril Ramaphosa's mandate as leader of the country's biggest political party ends, the race to success him is heating up. Africa Practice Advisor Ziyanda Stuurman spoke to Bloomberg's Jennifer Zabasajja about the ANC's National General Council.
Axel Granger, Co-Head of TMT in APAC, gives his outlook for capital market activities after a robust year in the technology, media and telecom sector in the region. He speaks with Annabelle Droulers and Stephen Engle on "Bloomberg: The China Show."
The Philippine central bank has delivered a fifth consecutive cut to its benchmark interest rate. BSP Governor Eli Remolona says the rate cut is intended to boost growth which suffered due to the loss of confidence following a graft scandal. He speaks on Bloomberg's The China Show.
Ben Bennett, L&G's Asia head of investment strategy, shares his views on how Chinese and US markets could perform going into 2026. He speaks on Bloomberg Television.
Thai Prime Minister Anutin Charnvirakul dissolved parliament, setting the stage for an early election. Bloomberg's Ramsey Al-Rikabi has the latest.
Dara Khosrowshahi, CEO at Uber, says he expects to offer robotaxi services in more than 10 markets by the end of next year as the company discusses rules for the autonomous rides with regulators.He speaks with Annabelle Droulers on "Bloomberg: The Asia Trade".
