The Persian Gulf's richest states are pushing ahead with plans for a massive build-out of artificial intelligence infrastructure despite data centers becoming targets in the US-Iran war. Bloomberg's Zainab Fattah discusses how firms are responding to perceptions of higher risk on Horizons Middle East & Africa.
Christoph Ahlhaus, Chairman of the German Association of Small and Medium-Sized Businesses, tells Bloomberg there is 'real fear' the election success of the far-right Alternative for Germany in the state of Saxony-Anhalt could reduce international investment. He was speaking to Bloomberg's Oliver Crook on Daybreak Europe.
Guy Johnson and Adam Linton break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Paterson Resources (ASX:PSL) has secured all necessary approvals to launch a 9,200-metre drilling campaign.
Corazon Mining (ASX:CZN) has received confirmation that Mineral Resources (ASX:MIN) chose not to exercise its right of first refusal for gold rights on key tenements.
The US and Iran carried out what appeared to be their largest tit-for-tat tanker strikes yet over the weekend. The US military said it struck three Iranian crude tankers, while Iran said it hit three US-linked ships taking an unauthorized route through the Strait of Hormuz in retaliation. Bloomberg's Abeer Abu Omar reports.
The election win by the far-right Alternative for Germany (AfD) in the eastern state of Saxony-Anhalt is a disaster in economic terms, according to Marcel Fratzscher, president of DIW Berlin. "The AfD basically want to push out foreigners," Fratzscher tells Bloomberg Television. "They forget, of course, that also Germans are leaving, companies are leaving. So it will make the problem a lot worse."
Elixinol Wellness (ASX:EXL) completed the sale of its American operations to Ananda Health on Sept. 4.
Professional services firm Deloitte Australia recorded revenue of $2.55 billion for FY26, representing an 8.5% increase YOY.
NuEnergy Gas (ASX:NGY) secured firm commitments to raise approximately $3.1 million through a private placement.
Clara Resources Australia (ASX:C7A) executed a final asset sale agreement to divest its Kildanga Ni-Co Project.
Billionaire Aliko Dangote is seeking to raise $1.6 billion in what would be Nigeria's biggest initial public offering. Dangote Petroleum Refinery and Petrochemicals FZE is offering 4.1 billion shares at 525 naira ($0.40) each, a company spokesman said Friday. The IPO will open on Sept. 14. Bloomberg's Anthony Osae-Brown reports.
