Australia Breaking News

Serko (ASX:SKO) announced an executive restructure designed to fast-track its strategic execution.

George Pyne, Founder and CEO of Bruin Capital, discusses the evolving landscape of sports business and investment. The dialogue highlights key aspects of organizing a major global sporting event and the financial strategies shaping the sports industry. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

Japanese energy giant Inpex is set to apply for urgent orders from Australia's workplace tribunal, the Fair Work Commission.

Dan Hunt, owner of FC Dallas and Co-Chair of the Dallas organizing committee for the 2026 FIFA World Cup, discussed the significant economic impact expected as Dallas hosts nine World Cup matches. Hunt highlighted that unlike Super Bowl visitors who stay less than three days, World Cup fans typically stay just under ten days, leading to increased spending on hotels, restaurants, gas, and retail. He spoke with Julie Fine on "The Close."

Woolworths (ASX:WOW) is set to offshore hundreds of white-collar corporate jobs across finance, human resources, and IT.

Michael Hurlston, CEO of Lumentum, discussed the critical role of indium phosphide in optical chips, particularly lasers, which are essential for the AI revolution. He explained that the increasing speeds and bandwidth requirements in data centers are driving a shift toward optical connectivity using fiber optics, as light offers unmatched transmission speed. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

IBM CEO Arvind Krishna discusses IBM's significant $10 billion investment in quantum computing, a faster form of AI. Krishna also noted a $1 billion federal government commitment to build a chip fabrication facility in Albany, New York, illustrating a strong collaboration between public and private sectors. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

FIS President & CEO Stephanie Ferris discusses the database of information that her company can make available to financial institutions to give customers hyper-specific experiences. She discusses the AI technology that her company uses, and the security measures in place to make sure that sensitive data is protected. She speaks with Romaine Bostick on "The Close."

Mizuho Americas Head of Investment & Corporate Banking Michal Katz discusses the future of artificial intelligence at the Mizuho Technology Conference. She discusses how the adoption of AI can change the landscape of businesses, but also the economies of countries around the world. She speaks with Romaine Bostick on "The Close."

Gina Raimondo, 40th Commerce Secretary joined Bloomberg Businessweek Daily to discuss the AI race, and its labor market impact. She said the US needs to lead the global AI race and that we should prepare all Americans in order to be successful as a nation.

Jeff DiLullo, CEO of Phillips North America, said that while a new report shows AI use by health care clinicians is ramping up, the industry has 'barely scratched the surface' of what new technology can achieve. DiLullo said that AI can improve both the quality of work and quality of life of doctors as it narrows down areas of focus and reduces burnout.

Arjun Sethi, Co-CEO of Kraken, joins Tim Stenovec on "Bloomberg Crypto." They discuss Kraken's potential IPO, layoffs, and their partnership with FIFA for the upcoming World Cup