Australia Últimas notícias

Anthony Albanese and Chris Minns are negotiating a multi-million-dollar rescue package to keep Rio Tinto (ASX:RIO) Tomago operating past 2028.

Michael Hill International (ASX:MHJ) reported group sales of $654.7 million for the 52-week period ended June 28.

Jim Citrin, Chair, Global CEO Practice at Spencer Stuart, discusses the upcoming CEO transition at Apple as Tim Cook prepares to step down on September 1, with John Turner set to take over. Citrin emphasizes the critical importance and difficulty of CEO succession, especially at a company like Apple known for its excellence. He speaks with Romaine Bostick & Emily Graffeo on "The Close."

Janus Henderson Group (NYSE:JHG) agreed to acquire Antares and a stake in Fairview Equity Partners to lift its Australian assets to $66.6 billion.

Apple stocks tumbled in late trading after component shortages weighed on the company's sales forecast, signaling that industrywide supply constraints are taking a bigger toll than anticipated. It also gave a forecast that is weaker than expected, further hurting the stock in the after market. Bloomberg News Managing Editor for Global Consumer Tech Mark Gurman reacts to the mixed earnings report. Bloomberg.com and Terminal subscribers can send in their questions for Carol Massar and Tim Stenovec to ask guests live on-air. Just go to Bloomberg.com/askradio

Nabila Popal, Senior Director of Data & Analytics at IDC, discusses the current state of the global smartphone market, highlighting a 7% decline in shipments in the second quarter due to extended upgrade cycles and a memory crisis impacting supply chains. Despite these headwinds, Apple has demonstrated remarkable resilience, achieving double-digit year-on-year shipment growth of 15% and strong iPhone revenue performance. She speaks with Romaine Bostick & Emily Graffeo on "The Close."

XPO CEO Mario Harik discusses the company's impressive second-quarter performance, noting a 300 basis point improvement in operating margins, reaching over 20% for the first time in XPO's history. This margin expansion was driven by accelerating demand, volume growth, pricing improvements, and operational efficiencies. He speaks with Romaine Bostick & Emily Graffeo on "The Close."

Amazon 2Q earnings beat Wall Street estimates Tuesday, sending stocks climbing in after hours trading. The company reporter its 5th straight quarter of cloud share growth, the 37% increase being the fastest for Amazon since the end of 2021. Bloomberg Intelligence Senior Analyst for E-Commerce Poonam Goyal, and Bloomberg Intelligence Senior Technology Analyst Anurag Rana break down the earnings numbers as they roll in.

Crimson Consulting Australia submitted an all-cash takeover proposal valued at approximately $38.6 million for Kip McGrath Education Centres (ASX:KME)

Bruce Richards, Managing Partner and Head of CVC Marathon discusses the current state of credit markets and the cost of capital. With $80 billion in assets under management and extensive Wall Street experience, Richards provided valuable perspectives on market dynamics and financing conditions. He speaks with Romaine Bostick & Emily Graffeo on "The Close."

Reformation CEO Hali Borenstein discusses the company's IPO, which raised $211 million. She highlighted Reformation's consistent double-digit revenue growth over 20 consecutive quarters and emphasized the company's commitment to redefining retail and modernizing fashion branding. She speaks with Romaine Bostick & Emily Graffeo on "The Close."

Gil Luria, D.A. Davidson's head of technology research, reacts to Amazon Web Services' revenue growth and discusses the outlook for Amazon.com Inc. on "Bloomberg The Close."