Titomic to redomicile to US defence market
Titomic (ASX:TTT) plans a strategic redomicile to the US by late 2026 to integrate into the global defence and aerospace sector.
Titomic (ASX:TTT) plans a strategic redomicile to the US by late 2026 to integrate into the global defence and aerospace sector.
Oman's key oil export terminal was evacuated and two crude tankers were hit in Iraqi waters, as risks to global energy supply from the Middle East war deepened. Bloomberg's Joumanna Bercetche reports from Dubai.
DeSoto Resources (ASX:DES) announced a consolidation along the highly prospective Siguiri Gold Mineralisation Trend in Guinea.
Morgan Stanley's Jonathan Garner discusses the outlook for oil prices as risks from the Iran war spread widely across the Middle East.
Xiaoyan Zhang, Associate Dean at the PBC School of Finance at Tsinghua University, says China is committed to boosting domestic consumption and has a broad policy toolbox to do so. Speaking on Bloomberg's The China Show, she also explains how China is rebalancing its economy by increasing imports.
Indonesia's GoTo Group expects full-year earnings to exceed forecasts, driven by strong business momentum. However, CEO Hans Patuwo says the company is keeping a close eye on oil prices and their impact on demand amid the war in the Middle East. In an exclusive interview, he also says GoTo may consider oil surcharges for certain users.
The Australian dollar remains resilient against global risk aversion and rising oil prices, supported by hawkish RBA interest rate expectations.
Virginia's legislature adopts reforms to the Highway Corporation Act, providing Atlas Arteria (ASX:ALX) with greater toll rate certainty and streamlined multi-year approvals.
RocketDNA (ASX:RKT) launches Skylink OS, an AI-powered drone platform now in testing with a Tier-1 mining customer to automate large-scale data solutions.
InteliCare (ASX:ICR) has announced a five-year partnership with leading Victorian not-for-profit aged care provider, MECWA.
Ban Seng Teh, EVP and Chief Commercial Officer at Seagate Technology says that the Middle East conflict won't significantly hamper chipmaking in the short run, and he sees resiliency in their supply chain that could buffer the data storage company from any short term impact. He speaks exclusively with Avril Hong and Haidi Stroud-Watts on 'Bloomberg: The Asia Trade".
The stability of Australian energy markets is under increasing threat as escalating conflict in the Middle East disrupts critical global supply chains.