Australia Breaking News

LTR Pharma (ASX:LTP) completed its final Phase 2 clinical report, confirming that its nasal spray achieved peak blood concentration in 10 minutes.

Lynas Rare Earths (ASX:LYC) entered a binding agreement to acquire 100% of Meteoric Resources (ASX:MEI) in an all-share deal worth $968 million.

Transurban (ASX:TCL) agreed to acquire additional ownership stakes in NorthWestern Roads Group and Sydney Transport Partners.

New Zealand King Salmon Investments (ASX:NZK) shareholders have entered into an agreement to transfer 53,125,934 shares.

Westpac (ASX:WBC) joined its major banking rivals in passing through the Reserve Bank of Australia's cash rate increase to variable mortgage customers.

Shareholders of Heartland Group (ASX:HGH) approved a proposal to acquire TSB Bank from Toi Foundation and merge it with Heartland Bank.

Mining heavyweights led by BHP (ASX:BHP) and Rio Tinto (ASX:RIO) contributed the largest share of Australia's $87.5 billion corporate tax haul.

MC Mining (ASX:MCM) reduced its net loss after tax by 51% to US$17.8 million for the financial year ended June 30.

Firmus Technologies has appointed four joint lead managers for its planned $7.2 billion initial public offering.

Ryan Nece joins the program to talk about how he thinks about investing after football and where he is deploying capital now. Nece discusses whether he is putting all of his money into AI, setting up a conversation about current investment priorities and how athletes can approach venture investing after their playing careers. He speaks with Romaine Bostick on "The Close."

Micron delivered results that beat already elevated expectations, with fourth-quarter numbers exceeding guidance and first-quarter outlook also coming in ahead of estimates. Erica Brescia, Managing Director at Redpoint Ventures and Former COO at GitHub, whether the explosive growth in the sector can continue. She speaks with Romaine Bostick on "The Close."

Seaport Research Partners Senior Analyst David Joyce reacts to Ynon Kreiz joining Paramount Skydance as co-CEO of the merged company after the completion of the pending $110 billion acquisition of Warner Bros. Discovery. Joyce speaks on "Bloomberg The Close."