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The US and Iran exchanged fire in the Persian Gulf in a flareup of violence on Monday that also drew in the United Arab Emirates. Bloomberg's Joumanna Bercetche reports.

Synertec (ASX:SOP) announced a landmark collaboration with global technology giant Hitachi Energy.

Vicinity Centres (ASX:VCX) has reaffirmed its 2026 fiscal year earnings guidance, signalling robust confidence as retail conditions remain resilient.

NH3 Clean Energy (ASX:NH3) achieved a regulatory milestone as its flagship WAH₂ Project was granted Federal Major Project Status.

Wesfarmers (ASX:WES) announced an initial $100 million equity investment into a landmark 50:50 joint venture with construction giant Built Group.

Australia's automotive landscape reached a milestone this April, as electric vehicles surged to represent 16.4% of all new car sales.

Marc Franklin of Manulife Investment Management says the focus is on what are the cyclical and structural impacts of the Middle East conflict. Franklin says there's a "preference more towards the US" than Europe. He adds that within the equity market construct, the firm likes structural plays, such as tech and AI "which still seem to have good tailwinds."

Entropy Neurodynamics (ASX:ENP) strengthened its "gut-brain" portfolio with a new US patent filing for treatment-resistant IBS.

Australia's sovereign wealth fund has delivered an 11.7% return for the year ended March 31, navigating a landscape of shifting market sentiments.

Barry Sternlicht, Chairman and CEO at Starwood Capital Group, discusses the company's business strategy and investing in AI and data centers. He speaks with Romaine Bostick from the sidelines of the Milken Institute Global Conference in Beverly Hills.

Nova Eye Medical (ASX:EYE) upgraded FY26 sales guidance to US$22–23 million following record-breaking monthly sales in the USA.

Australian household spending went up by 1.6% in March, marking an acceleration from the modest gains seen at the start of the year.