Morning business roundup

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Read a sample of the Morning Business Roundup from today.

Market Reports

  • Australian Market Report: The S&P/ASX 200 slid after it opened on Friday before making up ground to close just shy of where it started, down just 0.11 per cent at 8516.3. Overall, it ended the week higher than it started..... [more]

  • U.S. Market Report: U.S. stocks tumbled on Friday, with each of the three major ​U.S. indexes closing at their lowest levels in over seven months and the Dow confirming it was in correction territory.... [more]

  • European Market Report: European stocks fell on Friday, extending losses from the previous session, amid a lack of meaningful progress in U.S.-Iran peace talks, and concerns about inflation, growth and interest rates..... [more]

  • Asian Market Report: Asian stocks ended mostly lower on Friday, mirroring steep declines on Wall Street overnight amid lingering geopolitical tensions in the Middle East..... [more]

Australian Business News

  • The escalating Middle East conflict has triggered energy markets to now price in a prolonged disruption. That means higher costs, weaker growth, elevated bond yields and more persistent inflation - on top of pressures already bubbling.... [more]

  • 5 key charts for investors to keep in mind.... [more]

  • From a loaf of bread to a ridesharing trip, prices on everyday goods and services are starting to jump, with fuel surcharges being added across a range of industries. The war in the Middle East has impacted the supply of oil.... [more]

  • Energy Minister Chris Bowen has claimed the amount of fuel in Australia could be “higher than it normally would be” after extra orders were placed with suppliers, as he sought to reassure Australians.... [more]

  • ‘It’s a problem’: How soaring fuel prices are playing havoc with Australia’s economy. Australia’s high rate of inflation is coming under more pressure as big transport companies including Uber, Qantas and Australia Post increase their prices.... [more]

  • ‘We can’t go backwards’: Business rejects WFH plan. “Mixed messages” on shortages and working from home cloud Australia’s fuel concerns, as unions push for less office time to keep essential vehicles fuelled up..... [more]

  • The Victorian government has announced public transport will be free across the state in April in a bid to relieve cost-of-living pressures. The measure, which the government estimates will cost $70 million,.... [more]

  • Australians see ‘dramatic growth’ in wealth via super.... [more]

  • The new administration provider for one of Australia's largest superannuation funds is relying on loans and investments from its super fund customers to keep operating, raising questions about its long-term viability..... [more]

  • Macquarie Group Shares Move Negative YTD, As Psychological Level Holds.... [more]

  • Down 45% with double-digit growth. Why this fundie is buying an ASX opportunity. Expectations have reset, but the fundamentals haven’t..... [more]

  • Russell Investments has unveiled a new managed portfolio that gives retail investors exposure to private markets and aims to lower barriers through platform access, and simplified implementation..... [more]

  • Westgold Resources spin-out Valiant Gold has defied souring sentiment for the precious metal with its strong start to life on the stock exchange. Valiant finished its first day of trade on the Australian Securities Exchange at 30¢ a share.... [more]

  • ABx Group enters construction phase for world-first hydrogen fluoride pilot plant.... [more]

  • 88 Energy looks forward to new drilling as it seals oversubscribed equity raise.... [more]

  • American West has kicked off a 5000m diamond drilling program at its wholly owned West Desert project in Utah in the US, chasing multiple high-priority indium and gallium targets beyond the company’s existing resource footprint..... [more]

  • Cyclone hits Australian LNG plants, threatening 8% of world supply.... [more]

  • Lumos Diagnostics has achieved a major regulatory milestone in the US, securing a Clinical Laboratory Improvement Amendments (CLIA) waiver for its flagship point-of-care (POC) respiratory test FebriDx as it raises fresh capital .... [more]

  • Victorian government ordered to compensate landowner $27 million over rezoned property.... [more]

  • 1414 Degrees attracts $2.69M to fund global data centre market opportunity.... [more]

  • Opinion - Greg Jericho: The big business myth that minimum wage pay rises cause recessions. In life, it is nice to have things you can count on, and every year at this time you can absolutely be guaranteed to hear business groups.... [more]

  • Comment/Analysis - Jeffrey Ptak: You can beat the stock market by avoiding its worst days. But you won’t. We put a viral post on X to the sniff test. It didn’t pass..... [more]

  • Opinion - Marc Van Dinther: ASX chaos? Here's how to invest smart, stay calm and win. Stick with defensives, back quality, diversify with ETFs, and invest consistently..... [more]

World Business News

  • Wall St Week Ahead US jobs data to give economic view for war-gripped markets.... [more]

  • Worries about global economic pain deepen as the war in Iran drags on.... [more]

  • Stocks, bonds and gold all fall in market slide.... [more]

  • U.S. consumer sentiment fell more than expected in March, touching a three-month low, as war in the Middle ​East stoked inflation worries and cast a shadow over the economic outlook..... [more]

  • Memory stocks have had a rough week with several names, like Micron, seeing double-digit declines. Yet, Bank of America analysts told clients that the sell-off is overdone..... [more]

  • Following the Senate's push to ban institutional investors from owning single-family homes, Sen. Elizabeth Warren (D-Mass.) is now pressing the corporate landlords that hold multifamily apartments and manufactured homes..... [more]

  • U.S. President Donald Trump said the Affordable Care Act should be scrapped and replaced with a system that sends payments directly to individuals, rather than insurers..... [more]

  • Palo Alto Networks CEO sends a message through his $10 million stock purchase. CEO Nikesh Arora put his own money on the line to buy up the beleaguered cybersecurity stock as it got weighed down by concerns.... [more]

  • The U.S. Department of Justice has sent ​subpoenas in its investigation of Paramount Skydance's (PSKY.O), acquisition of Warner Bros Discovery (WBD.O), three sources familiar with the matter told Reuters..... [more]

  • Pokémon cards aren’t just childhood collectibles anymore. Some owners are increasingly treating the popular 1990s and 2000s trading cards like alternative assets, with some of the rarest cards outperforming traditional benchmarks .... [more]

  • He Was Supposed to Break Up Kraft and Heinz. He Changed His Mind. Steve Cahillane, a food industry veteran, is trying to revive the company behind Kool-Aid, Oscar Mayer and many other brands..... [more]

  • ‘Now we have the proof’: Safety advocates hope a landmark jury ruling could lead to social media changes. “We’ve been telling our stories forever and people say, ‘Oh, that’s horrible,’ but we haven’t seen any action,”.... [more]

  • Bank of America agrees to pay $72.5 million to settle Epstein accusers' lawsuit.... [more]

  • Hundreds of employees at one of the U.S. Navy’s biggest shipbuilding contractors voted Saturday to approve a contract deal with Bath Iron Works, ending a weeklong strike..... [more]

  • Canada budget deficit over first ten months of 2025/26 rises to C$31.21 bln.... [more]

  • A New York appeals court on Friday struck down a $16.1 billion judgment against Argentina, overturning a lower court’s order to compensate former shareholders of the nationalized energy giant YPF.... [more]

  • Euro zone consumers were reducing their inflation expectations in ​the run-up to the U.S.-Israeli war on ‌Iran, before a surge in energy prices fundamentally changed the outlook, a European ​Central Bank survey showed on ​Friday..... [more]

  • One in five UK hospitality businesses fear collapse as costs surge. Pubs, restaurants and hotels warn of mounting pressure days before rates rises and higher wage bills take effect.... [more]

  • Italian state finances can absorb the negative impact of the crisis in the Middle ‌East, Economy Minister Giancarlo Giorgetti said on Saturday, as the government prepares to update budget targets and growth estimates for 2026.... [more]

  • A large shipment of KitKat bars was stolen while in transit to distributors, a major candy crime right before the Easter holiday that could cause shortages for customers. The truck carrying 413,793 units of a “new chocolate range”,.... [more]

  • Swiss president says U.S. trade talks to continue beyond March.... [more]

  • French Factory Closures Jump 30% on Asia Pressure, US Tariffs.... [more]

  • The cross-border outlicensing activities of Chinese biotech firms reached a record transaction value of US$60 billion in the first quarter of 2026, driven by multinational pharmaceutical companies’ growing appetite.... [more]

  • PetroChina (601857.SS), Asia's largest oil and gas producer, on Sunday said 2025 annual net profit dropped 4.5% from a record in 2024, as lower oil prices weighed on ​earnings..... [more]

  • Philippine Refiner Petron Buys Russian Crude, Eyes More If Iran War Persists.... [more]

  • India faces downside risks to its growth forecast of 7.0% to 7.4% for the next ​fiscal year starting April 1, due to higher ‌energy costs and supply disruptions stemming from the Middle East conflict, according to its monthly economic report.... [more]

  • Shops, restaurants and cafes in Egypt have been told to close early as part of a raft of temporary measures to combat soaring energy prices caused by the Iran war..... [more]

  • Comment - Holly Mackay: It has never been easier to start investing. As more Brits take advantage, should you? Money expert Holly Mackay explains how investing is shedding its old stereotypes.... [more]

  • Opinion - Heather Stewart: War in Iran erodes the chancellor’s headroom and exposes the UK’s fragility. Rachel Reeves boasts of the £23bn she has built up against her fiscal rules but now she – or any future steward of the economy.... [more]