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The Commonwealth Bank of Australia (ASX:CBA) issued a stark warning over the soaring costs of artificial intelligence.

Senior government officials have warned Russian President Vladimir Putin that spending on the war in Ukraine is on an unaffordable path, the most serious sign of internal division in Moscow since the full-scale invasion began. Bloomberg's Tony Halpin reports.

Northern Star Resources (ASX:NST) acknowledged recent correspondence and media reports highlighting the views of activist investor Elliott Investment.

Ethiopian Prime Minister Abiy Ahmed looks set to secure another five-year term following Monday's elections, extending a tenure initially marked by sweeping reforms and later marred by civil conflict and rising regional tensions. Bloomberg's Jennifer Zabasajja reports.

Bison Resources (ASX:BSR) appointed seasoned mining executive Tim MacKellar as its CEO, effective June 2.

TPG Telecom (ASX:TPG) proposes near-free spectrum access for Starlink.

Imagion Biosystems (ASX:IBX) achieved a regulatory milestone following formal Investigational New Drug clearance from the US FDA.

South Korea’s KOGAS accuses the Albanese government of breaking its LNG contract promise.

Basketball star Stephen Curry signed a 10-year endorsement deal with Chinese sportswear giant Li Ning. Its success depends on how Li Ning positions stores, products and marketing, says Bloomberg Intelligence's Catherine Lim.

DroneShield (ASX:DRO) secured a $24.9 million contract to support the US Department of War’s Joint Interagency Task Force 401.

Arm CEO Rene Haas explains how Taiwan's partner ecosystem is critical for AI development. He also discussed how the rapid rise of agentic AI will trigger immense growth in CPU demand.

A Mercer survey finds most Australian firms expect AI to cut up to 20% of jobs within two years, as worker confidence falls and fears rise. Speaking on Bloomberg: The Asia Trade, Mercer Workforce Solutions Leader Cynthia Cottrell breaks down the reality: rising restructuring, uneven AI adoption, and a workforce still playing catch-up. What it means for jobs, graduates, and the future of work.