Southern Cross Media logs H1 revenue post Seven West merger
Southern Cross Media (ASX:SXL) released its financial results for H1 FY26, a period defined by the completion of its merger with Seven West Media.
Southern Cross Media (ASX:SXL) released its financial results for H1 FY26, a period defined by the completion of its merger with Seven West Media.
Engineering group Monadelphous (ASX:MND) reported a revenue of $1.53 billion in the half year to Dec. 31, 2025, representing a 45.6% increase in the prior year.
Worry in the private credit market continued Monday after Blue Owl last week permanently closed one of its tech-focused funds preventing investors from withdrawing their cash every three months as they'd previously been allowed. The firm began selling assets to return investor capital. It's the latest sign of tumult in a $1.8 trillion market stricken with worry about overspending on artificial intelligence, the technology's disruptive power and lending standards more broadly. And it's evoking comparisons to the run-up to the 2008 financial crisis. Bloomberg News Senior Editor for Credit James Crombie joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Emily Graffeo.
AUB Group's (ASX:AUB) net profit after tax climbed to $90.4 million for the first half, an increase from the $79.3 million last year.
Prime Minister Anthony Albanese has formalised a $229.6 million commitment to propel the first stage of Australia's high-speed rail network.
Southern Cross Media Group (ASX:SXL) announced a reshuffle of its executive ranks, effective Feb. 23. Jeff Howard has stepped down as Managing Director and CEO.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Kristine Aquino, Carol Massar and Emily Graffeo.
Former US Vice President Al Gore says the energy transition is accelerating faster than many realize. Gore argues that solar and wind are now the cheapest sources of electricity, accounting for 93% of new global power generation last year. He also points to rapid growth in electric vehicle adoption worldwide. He appears on this week's episode of The David Rubenstein Show: Peer to Peer Conversations. This interview was recorded on January 20 at the World Economic Forum in Davos.
Former Vice President Al Gore warns that the world may be approaching dangerous climate "tipping points," including the potential shutdown of major ocean currents. Gore points to intensifying extreme weather, expanding unlivable heat zones, and the possibility of up to two billion climate migrants by 2050. He appears on this week's episode of The David Rubenstein Show: Peer to Peer Conversations. This interview was recorded on January 20 at the World Economic Forum in Davos.
Nevada Attorney General Aaron Ford says President Donald Trump overstepped his authority when it came to tariffs. He says he was not surprised by the Supreme Court's ruling.
SpaceX and its wholly owned subsidiary xAI are competing in a secretive new Pentagon contest to produce voice-controlled, autonomous drone swarming technology, according to sources. Bloomberg's Katrina Manson discusses with Ed Ludlow on "Bloomberg Tech."
Nassim Taleb, author of "The Black Swan" and distinguished scientist at Universa Investments, warns that markets are underpricing structural risks while overestimating the durability of recent AI leaders. Speaking with Bloomberg's Natalia Kniazhevich, Taleb also weighs in on US tariff policy and the market impact of increasing tensions between Iran and the US.