Australia Breaking News

Australian miner Lynas Rare Earths (ASX:LYC) generated $288.9 million in quarterly sales revenue during the June quarter.

Union Star Metals (ASX:USM) has agreed to sell its Brazilian rare earth subsidiary for $200,000 in upfront cash.

Mortgage insurer Helia Group (ASX:HLI) experienced a 9% intraday share price drop without any undisclosed operational news.

Beach Energy (ASX:BPT) generated $400 million in sales revenue after producing 4.9 million barrels of oil equivalent during the June quarter.

WiseTech Global (ASX:WTC) agreed to acquire supply chain risk intelligence platform FDRM.ai for up to US$24.3 million.

Ramelius Resources (ASX:RMS) reported high-grade drilling results across its Western Australian gold projects.

Paladin Energy (ASX:PDN) expects to produce 5.1–5.6 million pounds of uranium at its Langer Heinrich Mine in FY27.

SkyCity Entertainment Group (ASX:SKC) has agreed to a non-binding heads of agreement to sell The Grand Hotel to free up capital.

Radiopharm Theranostics (ASX:RAD) reported positive Phase 2b trial results for RAD 101, showing 93% image concordance in brain metastasis patients.

Beetaloo Energy (ASX:BTL) secured exclusive land rights near Darwin for a proposed $40 billion data centre and energy project.

Westgold Resources (ASX:WGX) produced 387,354 ounces of gold in FY26 to surpass its annual guidance range.

Charles Schwab Corp. reported earnings that topped estimates as retail investors continued to jump in and out of the market amid volatility sparked by geopolitical uncertainty. Schwab reported a record 11.9 million daily average revenue trades in the second quarter, a 57% increase from a year earlier. Trading revenue also rose, climbing 28% to $1.2 billion. President and CEO Rick Wurster joins Bloomberg Businessweek Daily to discuss, saying clients are trusting the platform not just for investing but also for "help with their financial lives." Wurster also discusses continued demand from retail and younger traders, AI use cases in investing, the impact of this summer's SpaceX IPO, prediction markets, crypto, and more. He speaks with Carol Massar and Tim Stenovec.