Australia Breaking News

Aurelia Metals (ASX:AMI) announced an oversubscribed $150 million senior secured financing package.

President Donald Trump says he expects the US to end the war on Iran within two to three weeks, suggesting the US had largely accomplished its military goals and would leave it to other nations to resolve issues with the Strait of Hormuz.

Australian property enters a multi-speed phase in Q1 2026 as Sydney and Melbourne cool, while Perth and mid-sized capitals hit record highs.

Chevron has provided critical updates regarding the extensive damage sustained at the Wheatstone LNG plant following the passage of Cyclone Narelle.

Carson Block, founder and CEO of Muddy Waters Research, explains his bearish outlook on credit markets, highlighting expectations for credit spreads to widen significantly. He speaks during an interview on "Bloomberg The Close."

Bhagwan Marine (ASX:BWN) has finalised the 100% acquisition of Riverside Marine for an enterprise price of up to $130 million.

Ellen Wald, president of Transversal Consulting and senior fellow at the Atlantic Council, said that despite high oil prices she feels the price of brent should be even higher to reflect the reality of the situation amid the war with Iran. Wald said that the US could better insulate itself from the impacts of future energy crises by improving the interdependence between the US, Canada and Mexico in North American oil production.

Stew Leonard Jr, president and CEO of grocery store Stew Leonard's, said that grocery store owners don't want to raise prices on consumers, but that the landscape of high fuel and food prices has made it tough to maintain profit margins.

Freshfields Partner and Co-Head of US Corporate and M&A Ethan Klingsberg discusses navigating regulation, key M&A strategies, and why we may see 'transformative M&A' in the next few months. He talks with Bailey Lipschultz and Katie Greifeld on "The Close."

On a recent Friday night, the US made two drastic moves that could end up altering the future of artificial-intelligence-powered warfare. Just after 5 p.m. Eastern time on Feb. 27, Donald Trump's administration declared that Anthropic PBC, the $380 billion startup whose Claude-branded AI products have recently become ubiquitous, was a supply chain risk. In addition to making consumer-facing chatbots and coding tools, Anthropic had major contracts to provide AI services to the military. That relationship had gone sour when the company refused to allow its tech to help enable mass domestic surveillance or fully autonomous weapons, while the government said it should be able to use the tech for all lawful purposes. Bloomberg Katrina Manson discusses her new book Project Maven

Bloomberg's Loren Grush said that NASA's Artemis II mission to get back to the moon is aimed at being a 'proving ground' for potential missions to Mars. She said that NASA hopes to take the lessons learned on the moon and use them to figure out the challenges of living on a surface much farther away. Grush also weighed in on the stakes surrounding NASA's focus on the moon, as the agency tries to prove its worth amid budget concerns and the private space race.

Peter Atwater, president of Financial Insyghts, said that fallout from the Iran war is 'disproportionately' impacting those at the bottom of the 'K-shaped economy' as Americans feel the crunch of higher energy prices. Atwater says that the US has a 'Downton Abbey' economy, where those at the top can get anything delivered and prepared by others and don't see what is happening below.