AustraliaBreaking News

Babylon Pump & Power (ASX:BPP) has agreed to sell its subsidiary Primepower Queensland to Westralian Diesel for an initial $150,000.

Patriot Resources (ASX:PAT) expanded its active exploration footprint in Zambia after extending its copper target zone to cover a distance of 5.5km.

Standard Chartered Chief Executive Officer Bill Winters says the bank is happy with earnings as results beat expectations. "We feel very, very good about the momentum that we've got," he tells Bloomberg's Lizzy Burden. Winters speaks on Bloomberg Television after the London-based lender unveiled a fresh $1 billion share buyback, adding that Standard Chartered has a "strong capital position."

UBS Chief Executive Officer Sergio Ermotti says the integration of former rival Credit Suisse "is almost done." He also talks about the Zurich-based bank's announcement of a new $3 billion share buyback program to run until mid-2027, and how he expects "spikes of volatility" to continue in markets for the rest of the year. Ermotti speaks with Bloomberg's Guy Johnson.

Adherium (ASX:ADR) announced that CEO Dawn Bitz stepped down for personal reasons after leading the firm for 12 months.

Gateway Mining (ASX:GML) deployed a second reverse circulation drilling rig to advance exploration at the Cowza gold discovery.

Simon Trott, CEO of Rio Tinto, the world's second-largest miner by market capitalization, says iron ore demand remains resilient and stable. He speaks with Haidi Stroud-Watts and Paul Allen on "Insight with Haslinda Amin."

Greatland Resources (ASX:GGP) reported full-year FY26 gold production of 329,000 ounces alongside an all-in sustaining cost of $2,179 per ounce.

InvestSmart Group (ASX:INV) reported a total operating income of $9.8 million for the financial year ended June 30.

Deutsche Bank AG Chief Financial Officer Raja Akram says trading started "constructively" in July, continuing the momentum from the previous month. He tells Bloomberg's Oliver Crook the "pipelines look pretty full" both on the market side and on the investment banking side. Akram speaks on Bloomberg Television as the bank announced revenue from fixed-income trading jumped in the second quarter as the unit outperformed most of its US peers.

Deutsche Bank said second-quarter fixed-income trading revenue rose 16% from a year earlier to a record 2.6 billion, beating analyst estimates and outperforming most of its Wall Street peers. Speaking to Bloomberg Television's Oliver Crook, Chief Financial Officer Raja Akram said trading has continued that momentum into July, describing the start of the month as "constructive." He added that the "pipelines look pretty full" on both the markets and investment banking sides and said the bank will "comfortably" reach its full year revenue target and if things go well, it could be "potentially a little bit better".

IkeGPS Group (ASX:IKE) reported an annualised subscription exit run rate of ~NZ$5.3 million for the period ended June 30, 2026.