Australia Breaking News

Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."

Denison Gas has appointed investment bank Rothschild to conduct preliminary marketing for potential co-investors to fund its Queensland gas project.

Kip McGrath (ASX:KME) posted a 2.1% increase in full-year net profit after tax from continuing operations to $2.3 million.

The world's biggest tech firm delivered earnings this week against a backdrop of nervous investors, watching eagerly to see if the AI trade was winding down or has further to run. The chip giant presented markets with something to get excited about, providing a bullish outlook as CEO Jensen Huang said demand for its artificial-intelligence accelerators continues to expand. The fresh boost of confidence is likely to mean investment in the AI buildout will only ramp up as companies and countries across the world strive to carve out a piece of the AI pie.

Channel Infrastructure (ASX:CHI) posted a 56% jump in first-half net profit to NZ$18.2 million as total sales increased 4% to NZ$72.9 million.

Nepal's Finance Minister, Swarnim Wagle, says the devastating flash floods would cause at least "a few billion dollars" in damage to its $45 billion economy. He appeared exclusively on Bloomberg's "Insight with Haslinda Amin."

Venezuela is considering whether it should quit OPEC, potentially delivering a fresh blow to the oil cartel it helped create. Bloomberg's Stephen Stapczynski discusses what it means.

OpenLearning (ASX:OLL) increased half-year revenue by 42.8% to $2 million for the six months ended June 30.

Black Bear Minerals (ASX:BKB) raised $12.5 million through a share placement at $0.55 per share.

Gold has been up around 14% in August, bullion given fresh impetus by the US Treasury's unexpected intervention in the bond market. Guy Wolf, Global Head of Market Analytics at Marex spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on the reason that is helping gold rise.

Austco Healthcare (ASX:AHC) recorded a 15.8% revenue increase in FY26 to reach a record $94.2 million.

India's big AI bet is backed by government incentives and investments from global tech giants, and it's aiming to become a key hub in the AI economy. Bloomberg's Saritha Rai reports on whether it can translate this massive spending into a lasting advantage.