Australia Breaking News

Australia's Woodside Energy (ASX:WDS) executed an agreement to invest US$2.3 million in a multi-year project in the United States.

Sprintex (ASX:SIX) signed a three-year exclusive distribution agreement in Taiwan with a minimum $1.7 million annual purchase requirement.

Coppermoly (ASX:COY) commenced geophysical survey and geochemical sampling programmes across four targets south of Cloncurry, Queensland.

CATL says it is focusing on deploying sodium-ion batteries this year to meet demand for AI-related energy storage. CATL Chief Manufacturing Officer Ni Jun discusses the battery maker's outlook, as well as the prospect of harnessing computing power from idle electric vehicles. He speaks on the sidelines of the World Economic Forum in Dalian.

SpaceX sold $25 billion of investment-grade bonds on Tuesday, marking the final step to replace the costly debt that had helped finance Elon Musk's acquisition of X, then known as Twitter, as well as the expensive loans and bonds issued by xAI to bridge its rapid cash drain. Bloomberg's Manuel Baigorri reports.

Westpac Banking (ASX:WBC) has appointed Richard Heeley as its chief information officer.

Babylon Pump & Power (ASX:BPP) executed a recapitalisation plan to advance its transition into a dedicated water management rental business.

A tentative rebound in Asian equities following Tuesday's global tech-led rout failed to hold as a fresh bout of selling hit the sector. State Street Investment Management's Dan Farley discusses whether the AI rally still has room to go.

Otto Energy (ASX:OEL) has initiated a formal evaluation process for the potential sale of its two Gulf of America oil and gas assets.

Kaiser Reef (ASX:KAU) has commenced a 4,350-metre surface diamond drilling campaign at the Maldon Gold Project in Victoria.

EV Resources (ASX:EVR) confirmed that flotation test work achieved an 81.1% antimony recovery rate on third-party ore.

Jonathan Zhu, Greater China Chairman at Bain Capital, discusses his outlook and strategies for investing in the Chinese market. He speaks with Stephen Engle on the sidelines of the World Economic Forum in Dalian on "Bloomberg: The Asia Trade".