Morning business roundup

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Read a sample of the Morning Business Roundup from today.

Market Reports

  • Australian Market Report: The Australian sharemarket advanced on Tuesday. The S&P/ASX rose 44.8 points, or 0.5 per cent, to 8970.80, with six of its 11 industry sectors in the green..... [more]

  • U.S. Market Report: Wall Street's main indexes retreated on Monday, after a stunning rally ​last week, as renewed U.S.-Iran tensions threatened a collapse of the two-week ceasefire and dented investor sentiment..... [more]

  • European Market Report: European stocks fell on Monday amid renewed concerns about Middle East tensions after Iran rejected participation in a second round of peace negotiations with the U.S..... [more]

  • Asian Market Report: Asian stocks ended mostly higher on Monday, even as regional gains remained somewhat modest amid uncertainty surrounding the second round of diplomatic talks between the United States and Iran..... [more]

Australian Business News

  • Companies hard hit by Iran war supply shocks can access billions in federal-provided capital after Labor fast-tracked $6.15bn in funding through a government-owned investment facility aimed at bolstering sovereign capability..... [more]

  • RBA hints at the future of cash as campaigners urge Australians to take action. Give the rapid growth in the use of ‘tap-and-go’ payments and online shopping, we may be forgiven for thinking that cash is all but dead in Australia..... [more]

  • Research and ratings house Morningstar has flagged the possibility of platforms such as Netwealth facing increased operating costs and slower net flow growth compared with the past as a result of regulatory actions.... [more]

  • Why Are National Australia Bank Shares Down Today?.... [more]

  • The challenge for AMP Limited over coming years will be investing enough to maintain its momentum in the platform space, according to the latest analysis from Morningstar..... [more]

  • Concentration in Australian Equities is a risk, and the Australian share market, as represented by the S&P/ASX 200, is one of the most concentrated in the world..... [more]

  • The 10 most shorted ASX stocks plus the biggest risers and fallers – Week 17.... [more]

  • Natural gas taxes are back in the fray after the expansion of Australia's largest project received environmental approval ahead of Senate inquiry hearings this week which will probe how resources are taxed..... [more]

  • ADX Energy has flicked the switch on its Upper Austrian shallow gas ambitions, spudding the HOCH-1 as the opening shot in a three-well campaign chasing up to 17.3 billion cubic feet of gas (Bcf)..... [more]

  • Lindian Resources has added another layer of cost certainty to the company’s giant Kangankunde rare earths project in Malawi, locking in diesel pricing as it pushes through construction and commissioning ahead of first production.... [more]

  • Tartana Minerals closes in on copper sulphate production.... [more]

  • Terrain Minerals has put another big tick in the box at its Lightning gold project in Western Australia’s Mid West region, concluding a 671m diamond drilling program at its Lightning gold project aimed at securing rock density.... [more]

  • ‘Pleased to be back on-site’: Kingfisher to restart drilling at Copper Blow near Broken Hill.... [more]

  • Infinity Mining appears to have found a clever way to breathe fresh life into its flagship Cangai copper project in northern New South Wales - and it is coming from an unlikely place..... [more]

  • Australia’s largest retailers, manufacturers and mining companies will be forced to pay truck drivers more to compensate for spiralling fuel costs after the Fair Work Commission issued a landmark order.... [more]

  • As many as 4000 electric vehicle batteries could be recycled and used a source of critical minerals every year after an Australian start-up secured a $12 million funding boost. Perth-based Renewable Metals announced the investment .... [more]

  • Lumos Diagnostics Holdings Ltd (ASX:LDX, OTC:LDXHF) has used its March quarter update to underline a period of operational and strategic transition, as the company positions itself for expanded commercialisation.... [more]

  • Falling consumption, rising costs and tariffs take bounce out of yellow tail winemaker.... [more]

  • Consumer watchdog zeroes in on Woolworths’ allegedly fake discounts as it meets supermarket giant in court. Vinegar, Tim Tams and baby rice are among the products to be scrutinised.... [more]

  • Foreign airlines are already cancelling flights and reducing schedules to Australia, raising the prospect of more disruption if the fuel shock from the US-Israel war on Iran is not resolved by May..... [more]

  • Analysis - Ian Verrender: Why Australia's big gas producers haven't jacked up domestic prices unlike during Ukraine war.... [more]

  • Opinion - Matt Grudnoff: The CGT discount, not a lack of supply, is driving house prices up. There are persistent rumours the federal government will make changes to the capital gains tax discount and possibly negative gearing.... [more]

  • Opinion - Scott Phillips: It's time Australia had a Sovereign Wealth Fund.... [more]

  • Opinion - Mark LaMonica: 12 picks for an income portfolio - Q1 2026 update. Passive income growth continues to exceed my target..... [more]

World Business News

  • Oil prices jump more than 5% after U.S. seizure of Iranian ship, Hormuz closure.... [more]

  • More conspicuously well-timed bets on the price of oil have caught the attention of the financial world, amid fears that people with inside knowledge of developments in the Iran War have been racking up illegal profits..... [more]

  • Kevin Warsh, U.S. President Donald Trump's nominee to lead the Federal Reserve, will tell lawmakers ‌at his Senate confirmation hearing on Tuesday that he is "committed to ensuring that the conduct of monetary policy remains .... [more]

  • Kevin Warsh’s testimony to Congress is out early. He wants the Fed to ‘stay in its lane.’.... [more]

  • The refund system set up to allow companies to recover illegally collected tariffs from ​the U.S. government went live on Monday as thousands of companies rushed to file claims. .... [more]

  • Goldman Sachs lays out the case for a continued stock rally even as Iran-war uncertainty continues.... [more]

  • Strategy buys $2.54 billion in Bitcoin in largest purchase since 2024.... [more]

  • AST SpaceMobile’s stock is falling after failure of Jeff Bezos-backed satellite launch. Blue Origin successfully launched AST SpaceMobile’s satellite to orbit, but it was at the wrong altitude.... [more]

  • A tornado damaged part of Rivian Automotive ’s factory in central Illinois over the weekend, according to a message sent to employees Sunday night by CEO RJ Scaringe that was viewed by CNBC..... [more]

  • Psychedelic drug stocks are surging after Trump's order to fast-track development for medical use.... [more]

  • JetBlue CEO tells staff airline not considering bankruptcy filing.... [more]

  • Inside Cerebras' IPO filing.... [more]

  • Jersey Mike’s has confidentially filed for an initial public offering, the company said Monday. The announcement comes more than a year after Blackstone bought a majority stake in the sandwich chain .... [more]

  • FBI director Kash Patel files $250M defamation lawsuit against The Atlantic.... [more]

  • Environmental groups sued the Trump administration on Monday over its approval last month of oil company BP’s ultra deep-water drilling project in the Gulf of Mexico..... [more]

  • The attack on Sam Altman exposed a dark underbelly of the anti-AI movement. Mainstream artificial intelligence safety groups moved quickly to distance themselves after a 20-year-old allegedly attacked the home of OpenAI CEO.... [more]

  • Bank of Canada survey: firms' outlooks were improving before Iran war.... [more]

  • The economic implications of the war in Iran have yet to reach levels corresponding to the European Central Bank's adverse ​scenario, and the bank needs more information before drawing firm ‌policy conclusions.... [more]

  • Elon Musk has been summoned to Paris on Monday, where investigators are looking into allegations of misconduct related to the social media platform X,.... [more]

  • Elon Musk Ignores French Prosecutors, Widening Tech Rift With Europe. Prosecutors investigating his social media company, X, had summoned him for a meeting. His no-show reflected a broader dispute over regulation..... [more]

  • UK consumer morale slides to lowest since mid-2023, surveys show.... [more]

  • A strike by London Underground drivers will severely disrupt transport in the capital over the next four days. The RMT union and Transport for London (TfL) said that the strike would go ahead from midday on Tuesday 21 April,.... [more]

  • Flexible office landlord Workspace Group has warned over a “substantial” hit to profits in the year ahead as it faces rising costs and falling rents. Shares in the FTSE 250 firm slumped 13% in morning trading on Friday .... [more]

  • Victoria Beckham ties up with Gap as retailer hopes luxe push will drive comeback. Ex-Mattel boss behind Barbiemania pivots retailer towards more premium fashion after reopening UK stores.... [more]

  • China’s Huawei debuts AI glasses to challenge Meta, Alibaba and Rokid in crowded arena. Huawei’s debut adds momentum to China’s booming smart eyewear market, which saw shipments surge 35-fold in 2025.... [more]

  • Temasek-Backed CuspAI Set to Boost Value Above $1 Billion.... [more]

  • Chinese Big Tech firms from Huawei Technologies’ spin-off Honor to Alibaba Group Holding are moving to the forefront of the country’s robotics push as Beijing seeks to spur growth in the sector. Honor, which separated from Huawei in 2020.... [more]

  • Gulf poised to move closer to China after the war. Gulf’s pragmatic shift will respond to new world order where old certainties of oil-for-security pact no longer hold.... [more]

  • Pernod Ricard(PERP.PA), the maker of Absolut vodka and Jameson whiskey, has begun working on ​a potential initial public offering of its Indian business,.... [more]