Santos’ Abu Dhabi bidder spruiks Aus energy focus
First comments by Santos’ $30bn bidder come as target’s shareholder backs takeover. Oil lifts as Trump weighs Middle East action. MinRes leads iron ore falls.
Markets
‘Unconscionable’: Optus cops $100m fine
Telco giant Optus has agreed to pay a whopping $100m fine for exploiting hundreds of vulnerable and disadvantaged Australians.
‘Unconscionable’: Optus cops $100m fine
Telco giant Optus has agreed to pay a whopping $100m fine for exploiting hundreds of vulnerable and disadvantaged Australians.
Middle East tensions fuel oil price volatility; ASX flat
Chalmers won’t preempt FIRB advice on Abu Dhabi’s near-$30bn takeover play for Santos. US forces deployed to region amid Israel, Iran attacks. Blow for Albanese as Trump plans hasty G7 exit.
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‘Perilous’: Chalmers’ inflation warning
Motorists are being warned it is “inevitable” they will be paying more for fuel in the coming days, while Treasurer Jim Chalmers says there could be issues for the economy.
Market flat; takeover offers boost THL, Santos
Bourse operator faces ASIC inquiry over ‘repeated, serious failures’. Israeli strike success boosts Wall Street futures: IG. National interest of Santos deal up to Chalmers: Coalition.
ASX slips on geopolitical tensions
A spike in oil and gold producing shares was not enough to lift the ASX200 on Friday as investors fear the fallout from the Iran-Israel crisis.
Oil prices jump, stocks jittery on Israel’s Iran strikes
Crude prices lift as strikes on Iran send commodities higher. Rio’s jointly-owned Tomago smelter in rescue talks. Accent smashed on profit warning. Woodside, Labor extend NW Shelf consultation.
ASX slides on latest Trump move
A spike in crude oil and gold was not enough to lift the ASX 200 as the banks slid during trading on Thursday.
ASX 200 turns lower; Cettire at record low
Cettire hit by US tariffs, lux market woes. Energy producers lift on oil price jump. Westpac tips two RBA rate cuts in 2026. Cochlear downgrade weighs. ASX warns on rising costs, tweaks guidance.
CEO resigns after second Monash IVF bungle
The CEO of embattled fertility firm Monash IVF has stepped down just days after a second embryo bungle was revealed.
ASX extends record breaking run
Cautious investors lifted the ASX to a second consecutive record high on Wednesday, as “productive” trade talks continue.
ASX 200 trims gains after all-time high
ASX ends flat after record high. CBA falls after record high. Qantas down after decision to close Jetstar Asia. Zip, Fletcher Building top gainers. US, China trade negotiators reach ‘framework’ for Geneva agreement. US appeals court extends Trump tariff win.
Aussie shares bounce to record high
Australia’s sharemarket has surged to a record high shortly after the opening bell, as investors grow giddy about a possible trade deal.
Original URL: https://www.themercury.com.au/business/markets