Australia Breaking News

Saudi Arabia's pullback on spending is rippling through the consultancy industry. Boston Consulting Group, instrumental in helping develop plans to overhaul the Saudi economy, is one of the firms most affected as the PIF reassesses spending on some of its mega project ambitions. Bloomberg's Omar El Chmouri reports.

Etherstack (ASX:ESK) has secured a North American equipment order valued at US$0.83 million for digital radio communications technology.

SGH (ASX:SGH) has approved an on-market share buyback programme to repurchase up to $500 million of its ordinary shares.

EV Resources (ASX:EVR) defined a maiden exploration target of up to 5 million tonnes in Mexico to quantify its asset scale.

Precious Shipping MD Khalid Hashim says limited new vessel supply, combined with the resilience of older tonnage, is setting the stage for sustained strength in freight rates. He speaks with Haslinda Amin on "Insight with Haslinda Amin."

Atlas Arteria (ASX:ALX) entered exclusive discussions to sell its German Warnow Tunnel asset to Eiffage S.A.

JD Vance has flown into Switzerland to join Donald Trump’s envoys in 60‑day roadmap talks with Iran, after Pakistan and Qatar said negotiations were making “positive progress” on nukes and sanctions.

Former Italian Prime Minister and IE School of Politics, Economics & Global Affairs Dean Enrico Letta, underscores the urgency of European unity in the face of Donald Trump's presidency. Letta argues that only a cohesive and determined Europe can safeguard its interests and values in a shifting global landscape. He speaks with Haslinda Amin on "Insight with Haslinda Amin."

Minbos Resources (ASX:MNB) has executed a US$13.8 million construction agreement with Grupo Arliz to advance its Cabinda Phosphate Fertiliser Plant.

Johanna Chua of Citigroup Global Markets discusses the outlook for monetary policy and energy prices.

The price of Brent crude rose by more than US$1 to US$81.66 a barrel following the conclusion of diplomatic talks between the United States and Iran in Switzerland.

Barton Gold (ASX:BGD) commenced its Tunkillia Gold Project pre-feasibility study, targeting a historically modelled $1.75 billion operating profit.