Australia Breaking News

Tivan (ASX:TVN) secured final regulatory and cultural heritage approvals to commence drilling at its Molyhil Tungsten Project.

BPM Minerals (ASX:BPM) secured key ministerial and regulatory approvals to begin a maiden reverse circulation drilling programme at the Bonnie & Clyde prospect.

Alchemy Resources (ASX:ALY) commenced a 15-hole reverse circulation drilling campaign across its 80%-owned Yellow Mountain and Overflow projects.

Vulcan Energy (ASX:VUL) secured its second lithium production licence, designated Ilka, for the flagship Lionheart Project.

An estimated 480 Australian households using the federal government's 5% deposit scheme have fallen into negative equity as property values decline.

The Mining and Energy Union is funding a class action against BHP (ASX:BHP) that could cover up to 7,000 workers employed through its labour hire subsidiaries.

Matt Freese, Goalkeeper for the US Men's National Soccer Team and New York City FC discusses the business of soccer with Bloomberg's Vanessa Perdomo at Bloomberg Power Players 2026 in New York.

Fanatics' Betting and Gaming CEO Matt King discusses the company's newly launched all-in-one app, which combines sports betting, casino, and prediction markets. King discusses Fanatics' position in a market long dominated by DraftKings and FanDuel, and asked King how much share Fanatics has gained so far. He speaks with Romaine Bostick on "The Close."

Constance Schwartz-Morini, cofounder and CEO of SMAC Entertainment, joins the program to discuss how the business of sports has shifted from simple endorsement deals to the "athlete as an enterprise" model. Schwartz-Morini notes that athletes once viewed a Nike or Wheaties deal as the peak of commercial success, but now many can generate income through owned media, consumer brands, licensing, and intellectual property. She speaks with Romaine Bostick on "The Close."

Jacek Olczak discusses Zyn's strong demand and asking whether those issues have now been resolved. The conversation also focused on Philip Morris International's year-end market share target for Zyn and whether offering larger cans with 15 to 20 pouches could boost revenue as well as margins. He speaks with Romaine Bostick on "The Close."

Rishi Jaluria, RBC Capital Markets software equity research managing director, reacts to Oracle's first-quarter earnings. Speaking on "Bloomberg The Close," Jaluria also says the overall AI trade is more durable than the market is giving it credit for right now.

UAE Minister of State for Foreign Trade Thani Bin Ahmed Al Zeyoudi says that 10 billion of the 40 billion the UAE is investing in Germany will go to Bavaria, and the rest will be for a variety of sectors, including AI. Speaking exclusively with Bloomberg's Abeer Abu Omar, he says that the Emirates is working toward gaining direct access to Berlin, which he hopes will be finalized before the end of the year.