Rory Blundell, CEO and co-founder of Gravitee, joins Bloomberg's Vonnie Quinn on "Bloomberg Brief" to discuss the importance of governance, security, and control in the rapidly evolving AI landscape.
Banca Monte dei Paschi di Siena exceeded profit expectations in the second quarter. Rival lender Banco BPM last week dropped a proposal to Monte Paschi to start merger discussions. Bloomberg's Steven Arons reports.
Fahad Kamal, CIO at Coutts, discusses maintaining an overweight position on risk assets driven by a positive macroeconomic environment, supportive labor market data and AI investment. "Everything that we've heard in the earnings reports would suggest that this carries on for now," he tells Bloomberg Television.
Anna Edwards, Lizzy Burden and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Sharon AI (NASDAQ:SHAZ) has prepared its ASX public float prospectus after securing US$8.8 billion in customer contracts.
Locality Planning Energy (ASX:LPE) signed a new $7.2 million secured banking facility with Westpac Banking Corporation (ASX:WBC).
Krakatoa Resources (ASX:KTA) raises $2.4M via a share placement to secure an initial 10% stake in the Zopkhito Antimony-Gold Project.
Rimfire Pacific Mining (ASX:RIM) has raised $2.3 million through a share placement to advance its Australian scandium projects.
Resouro Strategic Metals (ASX:RAU) has completed the first tranche of its private placement, raising $1.9 million.
Rheinmetall CEO Armin Papperger says he is "very unhappy" after Germany withdrew a 10 billion naval contract, saying it wasn't a "responsible use of budgetary funds," a decision that forced the defense company to cut its outlook. Papperger made the comments in an interview with Bloomberg TV's Francine Lacqua on August 6.
The New South Wales government confirmed that federal tax changes and interest rate increases are lowering property values in Sydney.
Connected Minerals (ASX:CML) has launched a maiden drilling programme at the Bailundo Carbonatite Project.
