Australia Breaking News

AustralianSuper announced a further $500 million investment into India's National Investment and Infrastructure Fund to expand its global portfolio.

FDC Consolidated (ASX:FDC) experienced a 14%share price increase in its first minutes of trading on the ASX after raising $1 billion.

Unico Silver (ASX:USL) executed a binding agreement to acquire the La Mata estancia for an initial US$3.5 million.

Albert Park, Chief Economist at the Asian Development Bank, discusses the bank's latest APAC growth outlook. The forecast sees growth staying subdued despite a modest improvement, as disruptions from the Middle East conflict continue to weigh on supply chains and production costs. He speaks with Shery Ahn on "Bloomberg: The Asia Trade".

Takeshi Hakamada, Founder and CEO at Ispace, discusses the company's plans to to create a lunar payload service to be launched aboard a SpaceX Starship rocket. He speaks with Shery Ahn on Bloomberg: The Asia Trade.

Cobre (ASX:CBE) has secured firm commitments to raise $90 million through a two-tranche share placement.

Finder Energy (ASX:FDR) has secured formal approval from the Autoridade Nacional do Petróleo for its field development plan covering the Kuda Tasi and Jahal oilfields.

Westgold Resources (ASX:WGX) completed the Chalice Gold Project divestment to Corazon Mining (ASX:CZN) for up to $23.6 million.

Antares Metals (ASX:AM5) completed its maiden 780-metre reverse circulation drilling programme at the Conglomerate Creek prospect.

An investment consortium has reconfirmed its non-binding proposal to acquire Steadfast Group (ASX:SDF) for $6 per cash share.

Wayfair is building on its success as an e-commerce furniture and home goods retailer with a move into large-format brick-and-mortar stores. On Bloomberg Chief Future Officer, CFO Kate Gulliver shows Carol Massar around Wayfair's new Atlanta store, and explains how this new initiative is helping the company create a seamless omnichannel "clicks to bricks" shopping experience.

Furniture and home goods retailer Wayfair has built a thriving e-commerce platform that's been incorporating advanced technologies throughout its 25-year history. On Bloomberg Chief Future Officer, CFO Kate Gulliver tells Carol Massar how the company is now using AI to improve the customer experience and enhance internal business processes.