Australia Breaking News

The United States and Iran have reached an agreement to permanently terminate military operations on all fronts and reopen the Strait of Hormuz.

The Supreme Court of New South Wales has dissolved interim injunctions protecting Dexus (ASX:DXS).

Australia's Fair Work Commission, has rejected an urgent application by Japanese energy giant Inpex to halt an ongoing strike.

Bloomberg Pursuit's global luxury editor Chris Rovzner joins David Gura and Christina Ruffini on Bloomberg This Weekend to emphasize the importance of choosing gifts that feel personal and useful rather than obligatory this Father's Day.

Bloomberg News Chief Europe Correspondent Oliver Crook joins Bloomberg This Weekend from the G7 summit in Évian, France. Crook tells hosts David Gura and Christina Ruffini how the original start date of the summit was changed due to Trump's schedule conflict, he will be attending a UFC fight and his own birthday celebrations. This underscores ongoing tensions and the complicated relationship between the US and European allies.

Co-host of Bloomberg's Balance of Power Joe Mathieu joins Bloomberg This Weekend and discusses with hosts David Gura and Christina public concern of the financial burden from hosting a large UFC event on the White House South Lawn.

Bloomberg News Senior White House Reporter Josh Wingrove joins Bloomberg This Weekend to discuss how with no in-person meetings occurring between the US and Iran, there is much uncertainty on both sides.

New York Times opinion columnist Nicholas Kristof joins Bloomberg This Weekend to discuss with hosts David Gura and Christina Ruffini a new legislative effort called the "Save Our Bacon" act. The act is in response to a recent ruling on animal welfare standards and aims to address the treatment of pregnant sows in the pork industry.

Democratic member of the Foreign Affairs Committee Rep. Johnny Olszewski joins David Gura and Christina Ruffini on Bloomberg This Weekend and expresses his skepticism about the finalization of a deal with Tehran, noting Iran's own uncertainty about signing the agreement.

The 2026 World Cup is set to generate more than $11 billion in revenue, making it the richest tournament in football history. But soaring ticket prices, dynamic pricing models, and a booming resale market are raising concerns that many longtime supporters are being priced out. Veteran England fan Andy Milne says attending his tenth World Cup will be by far his most expensive, while former Liverpool CEO Peter Moore argues that FIFA risks sacrificing atmosphere and accessibility in pursuit of record revenues. Former LA28 CEO Kathy Carter counters that the money generated from sports events like the World Cup helps fund growth of the sport worldwide, highlighting the growing tension between commercialization and the fan experience.

New Federal Reserve Chair Kevin Warsh will have his first press conference amid inflation and uncertainty over interest rates. Bloomberg Intelligence Chief US Interest Rate Strategist Ira Jersey joins David Gura and Christina Ruffini on Bloomberg This Weekend to examine the current division within the Fed and what Warsh may do going forward.

Principal Deputy National Security Advisor under President Biden and former State Department Chief of Staff under President Obama Jonathan Finer joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss his concerns over the rushed timeline on such a complex issue that took the Obama administration two years to reach a deal on.