Jacco van der Linden, APAC President at Heineken, says rising fuel costs triggered by the Iran war are pushing up Heineken's brewing costs in Asia. He also discussed growth opportunities in the region on Bloomberg's "Insight with Haslinda Amin."
AUCyber (ASX:CYB) expanded its presence in the higher education sector by securing new managed security services contracts.
Rain Newton-Smith, Confederation of British Industry chief executive officer, discusses what to expect from Chancellor of the Execequer John Healey's speech at the annual Labour Party conference and in his upcoming budget in October. "We need to see that detailed implementation of a growth plan," Newton-Smith says. She speaks with Bloomberg's Caroline Hepker from Liverpool, where the Labour Party is hosting its annual conference.
Excite Technology Services (ASX:EXT) has expanded its agreement with an Australian Federal Government agency.
Lighthouse Canton Global Asset Management MD & CEO Sanket Sinha believes Asia's private credit is moving beyond the headline artificial intelligence (AI) investment and more into physical and financial infrastructure around AI. He speaks with Haslinda Amin on "Insight with Haslinda Amin."
Government Services Minister Katy Gallagher stated that a forensic investigation into OpenAI accessing a Services Australia portal without authorisation will be finalised in a matter of weeks.
Otto Energy (ASX:OEL) plans to return approximately $20 million to shareholders alongside a 100:1 share consolidation.
Boab Metals (ASX:BML) has finalised a $109 million engineering contract with GR Engineering Services (ASX:GNG) to redevelop its Sorby Hills Silver-Lead Project.
The direction of capital flows in the Middle East is changing with the US-Iran war making the shift more visible. For decades, the Gulf's relationship with Wall Street was largely defined by capital flowing out and being deployed everywhere. This continues but now the Gulf is also becoming an increasingly important target for global investment. BlackRock Investment Institute Chief Middle East and APAC Investment Strategist Ben Powell spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on the flow of investments in & out of the region.
Three listed funds managed by Metrics Credit Holdings face net tangible asset reductions of up to 12.16% following an independent audit.
Sushiro is betting that the US appetite for raw fish is big enough to accommodate the casual, mass-market model that made the chain a giant in Japan. But headwinds abound, including a weak yen and increasing competition. Bloomberg TV's Shery Ahn has more.
Fleetwood (ASX:FWD) announced that CFO Cate Chandler has resigned from her role to pursue an external career opportunity.
