Netwealth Group buys Paradino for up to $29M
Netwealth Group (ASX:NWL) has agreed to acquire 100% of AI-enabled advice platform Paradino for an upfront consideration of $20 million.
Netwealth Group (ASX:NWL) has agreed to acquire 100% of AI-enabled advice platform Paradino for an upfront consideration of $20 million.
Oil surged after Saudi Arabia closed a major crude pipeline that has been used to bypass the Strait of Hormuz during the US-Iran war. Saudi says the pipeline has come under attack and was closed as a precaution. Rob Barnett, Bloomberg Intelligence senior energy analyst, says this is "effectively a three-alarm fire" in the oil space. He's on Bloomberg Radio.

Reserve Bank of Australia Assistant Governor Sarah Hunter warned that crude oil reaching US$102 a barrel increases inflation risks above the target range of 2% to 3%.

HealthCo Healthcare & Wellness REIT (ASX:HCW) and the Unlisted Healthcare Fund secured lender support to transfer operations across 10 hospitals to alternative operators.

Communications Minister Anika Wells indicated she would consider parliamentary amendments to the proposed digital duty of care framework.
President Donald Trump is playing down prospects for renewed Iran peace talks and broader US involvement even as Houthi activity adds another source of escalation to the conflict. Bloomberg News White House Correspondent Jeff Mason joins Bloomberg This Weekend to discuss President Trump's statements made during the Presidents trip to Ireland.
APRA confirmed supervised institutions maintain minimal direct exposure following the collapse of Sydney home builder Bathla Group.
Singtel subsidiary Optus issued an apology after a 76-minute network outage disrupted voice calling services and emergency calls.
Cleanaway Waste Management (ASX:CWY) confirmed that private equity firm EQT Infrastructure completed its initial due diligence review,.