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The US administration has imposed a 12.5% import tariff on Australian products following a Section 301 trade investigation.

GLG Corp (ASX:GLE) expects to record an unaudited net loss of US$2 million for FY206.

MaxiPARTS (ASX:MXI) upgraded its full-year profit guidance to $14.2 million following strong operational discipline.

Shares of Huntington Bancshares were under pressure after the regional bank's second quarter earnings, specifically net interest margin, failed to meet expectations. CFO Zach Wasserman says that despite this, the bank's consumer base is still operating normally, with mass affluent customers maintaining spending and demand. Wasserman also weighs in on the current interest rate environment and Federal Reserve rate path, expecting a higher-for-longer regime. He speaks with Carol Massar, Tim Stenovec, and Bloomberg News CFO Briefing Editor Nina Trentmann on Bloomberg Businessweek Daily.

Mickey Drexler, Chairman of Alex Mill and former CEO and Chairman of J. Crew Group, joined the discussion to provide insight into the current retail landscape. Drexler emphasized the mistake of treating the consumer as a monolithic group, noting the complexity and varied behaviors among shoppers today. He speaks with Katie Greifeld & Bailey Lipschultz on "The Close."

Tony Hemmelgard, President & CEO of Siemens Digital Industries Software, and Sek Hwan Hong, President & CEO of HD Hyundai discuss the new nine-figure agreement between their companies to build an AI-powered digital shipyard. The deal will combine HD Hyundai's shipbuilding expertise with Siemens' existing operational software and industrial AI capabilities to "modernize US shipbuilding."

Intel Corp. surged in late trading after the chipmaker's revenue forecast shattered estimates, indicating that booming data center spending is helping fuel a long-awaited turnaround. Bloomberg's Ed Ludlow spoke to CEO Lip-Bu Tan who said CPU demand is outpacing the current supply. Ed recaps his conversation and has more on "Bloomberg The Close."

Lotfi Karoui, multi-asset credit strategist at PIMCO, joins Scarlet Fu on "Bloomberg Real Yield." Measures of perceived US credit risk continued to worsen Thursday, with the investment-grade and high-yield gauges both at levels not seen since early June as oil nears $100 a barrel.

Ten-year Treasury yields have surged to their highest levels since January 2025, driven by escalating tensions in the Middle East and persistent elevated inflation. Dr. Atsi Sheth, Chief Credit Officer at Moody's Ratings, joined the discussion to analyze the broader implications of this trend. She emphasized that the rise in longer-dated yields is structural, reflecting a new macroeconomic regime that began several years ago. She speaks with Katie Greifeld & Bailey Lipschultz on "The Close."

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Katie Greifeld, Bailey Lipschultz, Carol Massar and Tim Stenovec.

Bloomberg's Georgia Hall joins Scarlet Fu on "Bloomberg Real Yield." They discuss the rise in UK yields as the 10-year sits at the highest level since May.

Colleen Cunniffe, co-head of global taxable credit research at Vanguard and Lotfi Karoui, multi-asset credit strategist at PIMCO, join Scarlet Fu on "Bloomberg Real Yield."