Treasury Wine Estates unveils major regional restructure
Treasury Wine Estates (ASX:TWE) announced a structural pivot, transitioning to a new regional operating model effective Oct. 1.
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Treasury Wine Estates (ASX:TWE) announced a structural pivot, transitioning to a new regional operating model effective Oct. 1.
A small group of unauthorized users have accessed Anthropic PBC's new Mythos AI model, which the company says can enable dangerous cyberattacks.
Cochlear (ASX:COH) has issued a trading update, revising its FY26 underlying net profit guidance downwards to $290–$330 million.
Corporate Travel Management (ASX:CTM) said anticipated revenue reversals from its UK operations could swell to a staggering £118 million.
Air New Zealand (ASX:AIZ) announced the resignation of CFO Richard Thomson, who is set to depart the national carrier on Aug. 28.
South32 (ASX:S32) lifted its net cash position by US$121 million for the March quarter despite a tightening economic landscape.
New Zealand energy firm Mercury NZ (ASX:MCY) has raised its earnings guidance for the 2026 financial year.
President Donald Trump announced he was extending a ceasefire with Iran indefinitely a day before it was set to expire, even as plans for a fresh round of talks between the two countries fell apart. In a Truth Social post, Trump said Tuesday he would maintain a blockade over ships coming to and from Iran in the Strait of Hormuz. He said Pakistan, which had mediated between the two sides, asked for the US to hold off on fresh strikes and he was extending the ceasefire until Iran submits a new proposal "and discussions are concluded, one way or the other." Ambassador James F. Jeffrey, Philip Solondz Distinguished Fellow at The Washington Institute and former Deputy National Security Advisor to President George W. Bush, joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec.
Australian Health Minister Mark Butler is set to announce the removal of out-of-pocket costs for essential aged-care services.
EBOS Group (ASX:EBO) revised its FY26 earnings guidance downward as the company grapples with a material surge in fuel and energy-related expenses.
Adobe is launching a new agentic platform targeting business-to-business and consumers that, in addition to working closely with model providers OpenAI and Anthropic, can ease concern about disruption to its business. The company is partnering with tech giants Amazon, Anthropic, Google, Nvidia, OpenAI, and more to build what it calls the broadest agentic AI ecosystem in the industry. Anil Chakravarthy, Adobe Customer Experience Orchestration Business President, joins Bloomberg Businessweek Daily from the Adobe Summit 2026 in Las Vegas to discuss. He speaks with Carol Massar and Tim Stenovec.
US President Donald Trump announced an indefinite extension of the United States’ ceasefire with Iran, pausing potential military strikes.
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