A diesel squeeze spurred by wars in the Middle East and Ukraine is setting the stage for an even worse crunch as demand rises ahead of the Northern Hemisphere winter. Amrita Sen of Energy Aspects breaks down the situation on Bloomberg Television.
BNK Banking (ASX:BBC) advised that it expects to recognise a non-cash goodwill impairment of $3.5 million after tax.
Desert Minerals (ASX:DSM) commenced reverse circulation drilling at the Providence prospect within the Mt Monger Gold Project.
Following India's student-led protests that pushed education reform into the national spotlight, Cockroach Janta Party spokesperson Ashutosh Ranka discusses the movement's next steps, concerns over alleged harassment of protesters, and why the group is choosing to remain a pressure movement rather than enter electoral politics. He spoke to Bloomberg's Menaka Doshi on Insight with Haslinda Amin.
The infiltration of Hugging Face by OpenAI's agents has put AI-enabled cyber attacks into the spotlight. The incident and similar breaches reported by Anthropic PBC and Meta Platforms Inc. have fueled calls in Washington and Silicon Valley for more thorough safety reviews of artificial intelligence models. Bloomberg's Jordan Robertson reports.
Tambourah Metals (ASX:TMB) released an exploration and financial update detailing a cash position of close to $5 million.
Adnoc Gas reported net income for the second quarter of $665 million that beat the average analyst estimate even as the Mideast conflict disrupted shipping through the Strait of Hormuz. CFO Peter van Driel spoke to Bloomberg's Abeer Abu Omar about the numbers.
Iran has promoted a hardline ex-commander as its top security official, shaking up its highest decision-making body on national defense. It comes after Tehran said it was "very close" to a deal with Oman, over shipping through the Strait of Hormuz but say there has been no negotiations with the US. Ryan Bohl, Senior Middle East and North Africa Analyst at RANE spoke to Bloomberg's Abeer Abu Omar on the likely scenario in the impasse.
Israeli Prime Minister Benjamin Netanyahu rejected a proposal by US-backed mediators for disarming Hamas, hardening his position after voicing misgivings at the suggestion that Israel reciprocate with phased pullouts from Gaza. Bloomberg's Dan Williams reports on Bloomberg Daybreak Europe.
Sunrise Energy Metals (ASX:SRL) secured a conditional debt financing commitment of up to US$400 million.
Eastern Gas (ASX:EGA) has commenced drilling operations for the Venus-2H horizontal appraisal well at Project Venus.
Arena REIT (ASX:ARF) issued default notices to tenant Edge Early Learning after failing to receive rent due on Aug. 3.
