Australiatls

Italian cable maker Prysmian is scouting the market for a potential acquisition, Chief Executive Officer Massimo Battaini told Bloomberg TV on Tuesday. Potential targets could be similar in size to Encore Wire acquired in 2024 with an enterprise value of around 4 billion ($4.68 billion). Battaini spoke on "The Pulse with Francine Lacqua" on Bloomberg TV.

Swoop Holdings (ASX:SWP) announced a change to its executive leadership team, confirming that Patricia Jones has stepped down from her position as CFO.

Apple delivered a strong revenue forecast for the third quarter, with sales expected to rise 14% to 17% in the period. The company warned that memory-chip costs will increase and that shortages of Mac computers will persist for "several months." Bloomberg Intelligence's Matthew Bloxham breaks down the situation.

Jay Goldberg, Seaport Research Partners semiconductors and electronics senior analyst, reacts to Apple's fiscal second-quarter results. Speaking on "Bloomberg The Close," Goldberg says memory prices could put pressure on Apple's gross margins.

Deutsche Telekom is considering a full combination with its American arm T-Mobile US, a move that would create a multinational telecom group and rank as the largest-ever public M&A deal, people with knowledge of the matter said. Bloomberg's Manuel Baigorri reports.

ASML raised its full-year sales forecast, with net sales expected to be between 36 billion ($42.4 billion) to 40 billion this year. Europe's most valuable company's machinery is crucial for producing the Nvidia Corp. chips that are the backbone for training and running artificial intelligence models in data centers. Bloomberg's Charlotte Hughes-Morgan reports.

Chorus (ASX:CNU) has achieved an operational turning point, reporting its first quarter-on-quarter increase in total connections since 2013.

5G Networks (ASX:5GN) announced the immediate resignation of CFO Kieran Donavan.

The Albanese government has issued a sweeping mandate that will force Telstra (ASX:TLS) to strip 1km2 from its advertised coverage maps.

Tuas (ASX:TUA) announced a 173% surge in statutory net profit after tax for the first half of FY26, reaching S$8.2 million.