Air New Zealand CFO Richard Thomson to resign
Air New Zealand (ASX:AIZ) announced the resignation of CFO Richard Thomson, who is set to depart the national carrier on Aug. 28.
Air New Zealand (ASX:AIZ) announced the resignation of CFO Richard Thomson, who is set to depart the national carrier on Aug. 28.
South32 (ASX:S32) lifted its net cash position by US$121 million for the March quarter despite a tightening economic landscape.
New Zealand energy firm Mercury NZ (ASX:MCY) has raised its earnings guidance for the 2026 financial year.
President Donald Trump announced he was extending a ceasefire with Iran indefinitely a day before it was set to expire, even as plans for a fresh round of talks between the two countries fell apart. In a Truth Social post, Trump said Tuesday he would maintain a blockade over ships coming to and from Iran in the Strait of Hormuz. He said Pakistan, which had mediated between the two sides, asked for the US to hold off on fresh strikes and he was extending the ceasefire until Iran submits a new proposal "and discussions are concluded, one way or the other." Ambassador James F. Jeffrey, Philip Solondz Distinguished Fellow at The Washington Institute and former Deputy National Security Advisor to President George W. Bush, joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec.
Australian Health Minister Mark Butler is set to announce the removal of out-of-pocket costs for essential aged-care services.
EBOS Group (ASX:EBO) revised its FY26 earnings guidance downward as the company grapples with a material surge in fuel and energy-related expenses.
Adobe is launching a new agentic platform targeting business-to-business and consumers that, in addition to working closely with model providers OpenAI and Anthropic, can ease concern about disruption to its business. The company is partnering with tech giants Amazon, Anthropic, Google, Nvidia, OpenAI, and more to build what it calls the broadest agentic AI ecosystem in the industry. Anil Chakravarthy, Adobe Customer Experience Orchestration Business President, joins Bloomberg Businessweek Daily from the Adobe Summit 2026 in Las Vegas to discuss. He speaks with Carol Massar and Tim Stenovec.
US President Donald Trump announced an indefinite extension of the United States’ ceasefire with Iran, pausing potential military strikes.
The impact of the Iran war will continue for months even after any deal to restore shipping through the Strait of Hormuz, the world's largest oil traders have warned. Some said flows through the waterway may never return to normal. Speaking at the FT Commodities Global Summit in Lausanne, executives at some of the world's largest oil traders warned that the rewiring of the oil market would take months even if a peace deal is agreed soon. The market is not fully reflecting the impact of the massive supply disruption, they said, cautioning that prices will need to ratchet higher to the point of pushing the global economy toward a recession if the conflict continues. Samantha Dart, Goldman Sachs Co-Head of Global Commodities Research, joins Bloomberg Businessweek Daily to discuss. She speaks with Carol Massar and Tim Stenovec.
Western Australia's energy sector is reeling after Premier Coal announced it will slash operations and cut at least 120 jobs.
A small group of unauthorized users have accessed Anthropic PBC's new Mythos AI model, a technology that the company says is so powerful it can enable dangerous cyberattacks, according to a person familiar with the matter and documentation viewed by Bloomberg News. Michael Shepard has more on "Balance of Power: Evening Edition."
The Australian government said average tax take per citizen reached a record $30,633 for the 2024-25 financial year.