Markets

A Washington H. Soul Pattinson-led consortium has returned with an improved offer, which the target is considering after rejecting its previous bid.

One of the world’s top-ranked airlines says it will cut flights from mid-May until the end of June, citing soaring jet fuel costs triggered by the ongoing conflict in the Middle East.

A series of government-funded ads will be rolled out on television, radio, online and on billboards, urging Australians to conserve fuel.

Westpac has updated its forecast to have inflation in March — during the first full month of the Iran war - reaching a new three-year high.

An ASX-listed gas producer said its free cashflow has doubled as European gas prices soar, but the shares have barely moved.

Bendigo Bank shares jumped this week on its cost out plans linked to advances in AI, as banks jump and tech sinks in the fast unfolding world of new AI services.

Glass bottle and aluminium can manufacturer Orora has halted production at its facility in the United Arab Emirates amid ongoing tensions in the Middle East, with the company also warning an earnings hit.

Donald Trump’s backdown on threats against Iran — including that a ‘whole civilization will die tonight, never to be brought back’— have lit a fire under Australian stocks

Risk assets rocketed on Wednesday as traders cheered in relief at a potential deal to reopen the Strait of Hormuz.

While the rest of the Australian share market is riding a wave of euphoria as a two-week ceasefire eases tensions in the Middle East, a subsequent fall in oil prices is now smashing energy stocks.

Australian borrowers could be spared a rate hike next month after New Zealand’s central bank left rates on hold, citing worries about an economic slowdown even with inflation above target.

DroneShield says founder and chief executive Oleg Vornik and chair Peter James are stepping down and will not stand for re-election at the next annual general meeting.

Guzman y Gomez has delivered a welcome surprise in the third quarter, analysts say, with Australian sales growing on the back of its tie-up with popular online food ordering platform Uber Eats.

Australian investors have followed a positive lead from Wall Street overnight, pinned on hopes of an 11th-hour peace deal between the US and Iran.

Google researchers warn that Bitcoin’s $US1.4 trillion network needs urgent security upgrades to counter hacking threats.