Karoon Energy (ASX: KAR) released its 1Q26 report today, outlining a quarter marked by maintenance and remediation activities in the U.S. and Brazil alongside a 16% increase in realised oil prices.
China has decided to block Meta Platforms Inc.'s $2 billion acquisition of agentic AI startup Manus, a surprise move to unwind a controversial deal that's drawn fire for the leakage of technology to the US. Bloomberg's Nectar Gan has the latest.
Arrow Minerals Limited (ASX: AMD) has taken a step to support its operations in West Africa by signing a non-binding Memorandum of Understanding (MOU) with Soguipami, the state-owned entity managing Guinea's mineral rights.
Bernard Mensah, President of International at Bank of America, discusses the bank's international business strategy and the role of AI and technology. He speaks with Haslinda Amin from the sidelines of the Bank of America's Breakthrough Technology Dialogue in Singapore.
OzAurum Resources Ltd (ASX: OZM) has reported high-grade gold intersections from its maiden reverse circulation (RC) grade control drilling program at the Mulgabbie North Paleochannel Project in Western Australia.
A recent inquiry by the UK House of Commons Defence Committee has raised significant concerns regarding Britain’s ability to fulfil its commitments under the AUKUS security pact.
Emerging mineral processing firm Zeotech Limited (ASX: ZEO) has advanced its export strategy, announcing the execution of a non-binding term sheet with Gladstone Ports Corporation (GPC).
Stellar Resources Limited (ASX: SRZ) has announced high-grade sampling results from its Scamander Critical Minerals Project, further cementing Eastern Tasmania’s reputation as a burgeoning polymetallic hub.
The federal government has bypassed a homegrown defence solution in favour of an additional $2.3 billion investment in American-made weaponry.
Santana Minerals Ltd (ASX: SMI) has signalled a shift from explorer to developer, following a March quarter defined by massive capital injections and regulatory breakthroughs.
Daan Struyven, Goldman Sachs Co-Head of Global Commodities Research, joins Bloomberg Businessweek Daily to discuss his team's latest oil outlook. Struyven and his team upgraded Brent to $90/barrel by the fourth quarter, citing lower Persian Gulf production, and ongoing Strait of Hormuz disruption. They now assume a normalization in Gulf exports by the end of June (vs. a prior forecast of mid-May) and see a slower recovery for Gulf production. However, a global recession is not in the team's base case unless the strait remains mostly closed in a "severely adverse" scenario. Struyven speaks with Carol Massar and Tim Stenovec.
In a move aimed at filling a high-profile diplomatic void, the Trump administration has officially nominated former Republican Congressman David Brat to serve as the United States Ambassador to Australia.
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