Australia Breaking News

Southern Cross Electrical Engineering (ASX:SXE) has signed an agreement to acquire 100% of Entire Operations for up to $112.1 million.

EBR Systems (ASX:EBR) reported 40 commercial implants for Q3 2026, falling below prior quarterly expectations.

Home Affairs and Immigration Minister Tony Burke warned that proposed opposition immigration cuts would create severe skilled labour shortages.

Australia's home auction clearance rate reached 48.8% last week as higher interest rates weakened buyer demand across major cities.

Bloomberg hosts David Gura, Christina Ruffini and Lisa Mateo are on Bloomberg This Weekend for "Bookmarked," sharing stories that caught their attention over the past week. The hosts discuss the reporting that piqued their interest and explain why those stories stood out from the week's news.

Former White House Middle East Coordinator Brett McGurk tells Bloomberg This Weekend that the deadly attack on Riyadh's international airport underscores the growing threat from Iran-backed Houthi militants, while hardline leadership in Tehran complicates efforts to negotiate an end to the broader regional conflict. Speaking with hosts David Gura and Christina Ruffini, McGurk discusses his new book, Brink, which recounts negotiations to free the October 7 hostages, and warns that the Trump administration's Russian diesel agreement could undermine efforts to end the war in Ukraine.

Bloomberg News Senior Economics Writer Shawn Donnan tells Bloomberg This Weekend that globalization has continued to expand despite a decade of populist policies, tariffs and efforts to reshape international trade following Brexit and President Donald Trump's first election victory. Speaking with hosts David Gura and Christina Ruffini, Donnan says growing cross-border investment, global supply chains and digital technology demonstrate that the world economy remains increasingly interconnected despite political resistance.

Republican Strategist Leslie Shedd and Democratic Strategist Ravi Gupta join hosts David Gura and Christina Ruffini on Bloomberg This Weekend to discuss how the Iran war, Russian diesel agreement and tariffs on Canada are shaping the midterm elections as voters remain concerned about rising living costs. They examine Republican candidates distancing themselves from some Trump administration policies, the competitive Michigan Senate race between Mike Rogers and Abdul El-Sayed, and how campaigns are allocating resources in the final weeks before Election Day.

Bloomberg News Wealth Reporter Dylan Sloan tells Bloomberg This Weekend that the world's technology billionaires gained a record $845 billion through the first nine months of 2026, while fortunes outside the sector declined by a combined $62 billion. Speaking with hosts David Gura and Christina Ruffini, Sloan discusses how the AI boom is creating new billionaires in the US and China and explains how Bloomberg's relaunched Billionaires Index tracks the world's 500 richest people.

Bloomberg Reporters Alex Koccharov and Abeer Abu Omar join hosts David Gura and Christina Ruffini on Bloomberg This Weekend to discuss the deadly attack on Riyadh's international airport and the growing risks to Gulf shipping, energy infrastructure and Saudi Arabia's investment ambitions. They also examine Ukraine's opposition to President Donald Trump's Russian diesel agreement, which Kyiv says could help finance Moscow's war, and the challenges facing negotiations to end the conflict.

Bloomberg Intelligence Senior US Banks Analyst Herman Chan tells Bloomberg This Weekend that major banks enter third-quarter earnings season with strong credit quality but face questions about the impact of higher interest rates, slowing investment banking activity and potential risks tied to AI financing. Speaking with hosts David Gura and Christina Ruffini, Chan says wealth management could be a bright spot for banks including Morgan Stanley and JPMorgan, while investors will also be watching for signs of credit deterioration and updates on executive succession plans.

Former US Ambassador to Ukraine William Taylor, a distinguished fellow at the Atlantic Council's Eurasia Center, tells Bloomberg This Weekend that President Donald Trump's Russian diesel agreement could provide Moscow with additional revenue to prolong its war in Ukraine while undermining economic sanctions. Speaking with hosts David Gura and Christina Ruffini, Taylor says European allies are increasing their support for Kyiv and argues that Ukraine needs greater access to military technology, including Starlink connectivity, to target Russian missile launchers.