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 closed in the red on Friday, capping off a poor week for investors. The S&P/ASX200 lost 1 per cent on Friday and has fallen more than 3.5 per cent over the week..... [more]

  • U.S. Market Report: Wall Street's main indexes fell ​on Friday, with the financials-heavy Dow touching a more than three-month low, as the conflict raging in the Middle East threatened to ‌fuel inflation and data showed the economy unexpectedly shed jobs.... [more]

  • European Market Report: European stocks inched higher on Friday but were on track for hefty weekly losses as Iran's retaliation in West Asia spread to Bahrain and Azerbaijan..... [more]

  • Asian Market Report: Asian stocks ended mixed on Friday after Beijing's strategic commitment to deepen tech investment. After announcing a conservative 2026 GDP growth target of 4.5-5 percent, China pledged substantial investment in high-tech sectors.... [more]

Australian Business News

  • The Reserve Bank of Australia has backed calls to keep cash circulating in the economy, describing bank notes and coins as “vital” for the country’s economic future. In a recent payment system board meeting,.... [more]

  • 7-Eleven defends 58c petrol price hike.... [more]

  • Investors should not underestimate the risk of escalating conflict in the Middle East, with energy markets, inflation expectations, and global equities all exposed to a deeper shock, says deVere Group’s chief executive, Nigel Green..... [more]

  • The ASX 200 is tumbling — and short sellers are making a killing. Here’s what investors can do. Short sellers have been hammering your portfolio for months. If you can’t beat them, it might be time to learn how to join them..... [more]

  • High demand for equity ETFs tips total 2025 flows over $48b. Morningstar’s latest research report recapping the performance of the Australian exchange traded fund (ETF) market in the last quarter of 2025.... [more]

  • How Capital Gains Tax works for shares and ETFs.... [more]

  • What every investor should know about wars and market sell-offs. What happens to oil, equities and markets when war erupts?.... [more]

  • Magellan Financial Shares Rally Into Weekend, Up 37% in a Month – What Is Driving The Move?.... [more]

  • Fertiliser costs are soaring amid war in the Middle East. Will your grocery bill follow?.... [more]

  • Australian fresh food producers have been swept up in the conflict in the Middle East, with tonnes of product left sitting in cool rooms. Adelaide-based The Yoghurt Shop's biggest export market is the Middle East.... [more]

  • Joint venture partners FMR Resources and Southern Hemisphere Mining have launched a fourth deep diamond hole at their Llahuin copper-gold project in Chile, using a refined geological model.... [more]

  • The corporate regulator has moved to wind up the Liberty Bell Bay manganese smelter in northern Tasmania, citing the company's repeated failure to lodge financial statements. The Australian Securities and Investments Commission (ASIC).... [more]

  • New Frontier Minerals Ltd (ASX:NFM, FRA:7OR0, OTCQB:NFMXF), the LSE and ASX-listed critical minerals explorer, fell 26% to 0.625p on Friday despite reporting high-grade tungsten results from its Harts Range project.... [more]

  • Geophysical surveys pinpoint priority targets at Viking’s Linka tungsten project.... [more]

  • The Santos Ltd (ASX: STO) share price is moving higher on Friday. This comes despite news that the company's Chief Executive has sold a sizeable parcel of shares..... [more]

  • Judge orders Sanjeev Gupta's Tahmoor mine be wound up with liquidators appointed. A New South Wales Supreme Court judge has acknowledged the serious impact job losses would have on workers, their families and.... [more]

  • Decidr AI Industries (ASX: DAI) has accelerated its international expansion aims with the signing of a strategic partnership agreement with Singapore SAP specialist ICON Consulting Group..... [more]

  • The billionaire Lowy family has taken a significant stake in the funds management business Magellan, days after the financial group announced it was merging with its part-owned investment bank, Barrenjoey..... [more]

  • Afterpay co-founder Nick Molnar has defended Block’s decision to slash more than 4000 jobs in the name of artificial intelligence, dismissing suggestions the cuts were driven by years of over-hiring rather than.... [more]

  • Car buyers left tens of thousands out of pocket as platform Carconnect enters administration.... [more]

  • Opinion - Colin Kruger: Luxury retailer’s fashion spree defied auditor’s survival concerns. When Cettire executives fronted investors for its December half results last week, they poured cold water on the warnings.... [more]

  • Comment - Morningstar: Why women should invest. This International Women’s Day, the team at Morningstar speak about the importance of investing..... [more]

World Business News

  • Oil prices touched their highest levels since 2023 after surging again Friday because of the Iran war, while a weak update on the U.S. job market highlighted the economy’s precarious position..... [more]

  • U.S. Gas Prices Jump Again as Oil Tops $90 for First Time in Years. The price of a gallon of gasoline jumped again on Friday, hitting its highest level in a year and a half..... [more]

  • Oil and gasoline prices are marching upward again Friday, even as Trump administration officials seek ways to get more barrels into the market..... [more]

  • As traders approach another pivotal day for financial markets, a series of economic data releases that could sway market dynamics are expected on Monday, March 9, 2026..... [more]

  • American consumers pulled back their spending to start 2026, extending the malaise in retail sales that began late last year. Retail sales fell 0.2% in January, following a flat reading in December.... [more]

  • The U.S. unexpectedly loses 92,000 jobs, adding to worries about the economy.... [more]

  • Andrew Left has correctly called some famous market blowups, but this week, he's reversed course on a stock and is turning bullish. The short-seller wrote that he has turned bullish on Credit Acceptance Corporation.... [more]

  • BlackRock fund limits withdrawals as redemptions rattle private credit.... [more]

  • Anthropic on Thursday said a Pentagon designation of the AI company as a “supply chain risk to America’s national security” won’t impact their business partners as heavily as Defense Secretary Pete Hegseth implied last week..... [more]

  • Nvidia and AMD chips could be subject to U.S. approvals for foreign sales.... [more]

  • Jefferies says the AI fear trade has pushed a handful of solid stock picks into the "discount bin." Stocks in a range of industries have been hit by worries about tech-fueled disruptions to businesses and the economy..... [more]

  • Boeing is said to be approaching one of its largest sales agreements ever, with a 500-aircraft order for 737 Max jets expected to be announced during President Donald Trump’s state visit to China,.... [more]

  • United Airlines CEO Scott Kirby said the spike in fuel prices since the U.S. and Israel attacked Iran on Saturday will have a “meaningful” impact on the carrier’s financial results this quarter, but he added that demand has been resilient..... [more]

  • Paramount CEO David Ellison has pledged to support editorial independence at CNN, saying it “needs to be maintained,” amid widespread concern about his company’s plans for the news network..... [more]

  • Historic winter storms and subsequent store closures weighed on Gap’s performance during its holiday quarter and contributed to worse-than-expected results at its portfolio of brands, the retailer said Thursday..... [more]

  • Battery company SK Battery America Inc. laid off nearly 1,000 workers at a manufacturing plant northeast of Atlanta on Friday amid automakers’ changing electrification plans and uncertain consumer demand for EVs..... [more]

  • NYSE fined $9 million by SEC over glitch that disrupted stock market.... [more]

  • Brazil’s antitrust authority has approved a proposed transaction that would allow asset manager IG4 Capital to buy a controlling stake in petrochemicals producer Braskem SA..... [more]

  • European Central Bank policy remains in a "good place", but geopolitical volatility creates upside ​risks for inflation, requiring vigilance from the bank, ECB board member Isabel Schnabel said on Friday..... [more]

  • ECB policymakers play down need for swift action to combat surging energy costs.... [more]

  • The incoming chief executive of BP will take home at least £11.7m this year after joining the embattled oil company from a rival, more than double the pay packet earned by her predecessor..... [more]

  • European media firm Axel Springer has agreed to purchase the Telegraph Media Group (TMG) in a deal costing £575m. The deal trumps the £500m takeover proposed late last year by the Daily Mail and General Trust (DMGT)..... [more]

  • This Danish biotech’s new weight-loss drug disappointed investors, and its stock is tumbling. Roche, which is betting up to $5.3 billion on the Danish company, also saw its shares take a hit.... [more]

  • China’s top securities regulator outlined a plan on Friday to strengthen corporate governance, boost investor returns and cultivate globally competitive companies, as Beijing seeks to reinforce confidence in the country’s capital markets..... [more]

  • Japan will coordinate with overseas authorities and stands ready to take action against market volatility ‌stemming from the Middle East conflict, Finance Minister Satsuki Katayama said on Friday, issuing a fresh warning.... [more]

  • Toyota, Hyundai and Chinese automakers expected to be most impacted by Iran war.... [more]

  • The U.S. Treasury Department’s decision to allow India to buy Russian oil for 30 days underscores a boost for Moscow’s fortunes against the backdrop of the Iran war as Russia’s oil exports help Kremlin pay for its own war.... [more]

  • India says it needs to build resource buffers, reprioritise fiscal spending. The conflict in the Middle ​East has underscored the importance of ‌natural resource buffers, and fiscal resources.... [more]

  • The Reserve Bank of India (RBI) has proposed changes to its framework on customer liability in digital banking frauds, aiming to widen protection for users and ensure quicker resolution of complaints.... [more]

  • Analysis - Michael Savage: German twist in the Telegraph tale shatters Lord Rothermere’s dreams. The European media giant Axel Springer has scuppered the Daily Mail owner. But why did it not bid sooner?.... [more]

  • Opinion - Stephen Bryen: Anthropic endangers US national security. Yielding to demand its system not be used to watch Americans or for kill operations would have dangerously compromised Iran attack.... [more]