Zip Co shares sink 9% on ZMobile telco launch
Zip Co (ASX:ZIP) announced its expansion into the telecommunications sector via the launch of ZMobile.
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Zip Co (ASX:ZIP) announced its expansion into the telecommunications sector via the launch of ZMobile.
Oil rebounded after its biggest one-day drop since April 2020, as the Strait of Hormuz remained largely blocked and Israeli attacks on Lebanon threatened to derail the fragile ceasefire between the US and Iran. Bloomberg's Anthony di Paola reports.
Marquee Resources (ASX:MQR) entered into a research and development patent licence and option agreement with UT-Battelle.
Lefroy Exploration (ASX:LEX) reported gold intercepts from its Phase 2 grade control drilling programme at Lucky Strike mine.
Macarthur Minerals (ASX:MIO) secured Programme of Work approval for its Lake Giles Iron Project in Western Australia.
Zinc of Ireland (ASX:ZMI) announced the 100% acquisition of Netherlands-based Meclex.
Rapid Critical Metals (ASX:RCM) announced an expansion of its New South Wales operations by acquiring an 80% controlling interest in Green Copper.
Tamboran Resources (ASX:TBN) announced a capital raise of up to US$198 million.
EBR Systems (ASX:EBR) reported a robust first quarter for 2026, characterised by a dramatic acceleration in commercial adoption.
Iran and the US agreed to a pause in fighting in exchange for the opening of the strait, but a lack of clarity on what was agreed and continued fighting including Israeli strikes in Lebanon have raised questions about the ceasefire. UWA Defense and Security Institute Adjunct Professor Jennifer Parker breaks down the situation.
Xamble Group (ASX:XGL) pivots to AI-powered automation following its landmark acquisition of YouthsToday.
Wang Jin, a Chinese scholar specializing in the Middle East, says Beijing is not in a position to influence Iran's decisions or change its behavior, but that it has done it best to support the Middle East peace process. Speaking to Bloomberg's The China Show, he points out that China has maintained extensive communication with multiple parties in the region.
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