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 ended the day 0.3 per cent or 28.70 points higher, at 9043.50, with four of 11 industry sectors in positive territory, led by utilities and banks..... [more]

  • U.S. Market Report: Stocks have moved sharply lower over the course of the trading day on Thursday, with the major averages all showing significant moves to the downside after once again failing to sustain an initial move to the upside..... [more]

  • European Market Report: European stocks traded at record high levels on Thursday as investors cheered upbeat earnings from the likes of Legrand, Hermes and Siemens..... [more]

  • Asian Market Report: Asian stocks ended mixed on Thursday as a stronger-than-expected U.S. jobs report spurred optimism about the world's largest economy but dented hopes for Federal Reserve rate cuts in the near future..... [more]

Australian Business News

  • Investors broaden horizons amid ‘healthy’ tech correction. The moment the 493 “unloved” stocks on the S&P 500 that are not the Magnificent Seven (Mag 7) have been waiting for has arrived, with investors making moves.... [more]

  • RBA governor Michele Bullock has clashed with Nationals senator Matt Canavan after he accused her of “gaslighting” Australians on the state of the economy. During a tense exchange during a senate estimates hearing on Thursday.... [more]

  • Here’s the 10 company earnings that matter to come in February for ASX investors.... [more]

  • Super funds seek standardised 10-year past performance.... [more]

  • Record gold-to-oil ratios are driving unprecedented margins for gold miners as surging prices and low energy costs fuel vertical earnings..... [more]

  • ASX nickel stocks jump as Indonesia cuts production at giant Weda Bay mine.... [more]

  • ADX Energy has launched the next chapter at its Welchau-1 discovery in Upper Austria, kicking off flow testing on its prospective Reifling formation to confirm light oils and potential hydrocarbon flows..... [more]

  • Auric Mining has kicked off the year in style thanks to its Munda gold mine in Western Australia, delivering the first pour from its second toll-treatment campaign and locking in 1147 ounces of solid gold..... [more]

  • Dundas Minerals raises $2.5m for WA gold drilling; expands Romano near Gruyere.... [more]

  • Kalamazoo Resources has reported encouraging surface geochemical sample results from recent scout programs at three prospects within its Mt Piper gold project in Central Victoria..... [more]

  • Cobre raises A$60m to earn majority stake in Chile’s Sierra Atacama copper project.... [more]

  • About 275 jobs look set to be lost following US chemicals giant Albemarle's announcement of the immediate closure of its lithium refinery at Kemerton, in Western Australia's South West region..... [more]

  • Pro Medicus Shares Close At 52-Week Low Following Earnings.... [more]

  • NBN Co says that fibre is now the dominant broadband connection technology used in its network, as its overbuild program starts to enter high gear..... [more]

  • Barbeques Galore has gone bust, 500 jobs are up in the air and store gift cards have been slashed to one-third of their value. A voluntary administrator was appointed on Thursday, citing cash holdings as the largest issue.... [more]

  • Award-winning Novati Constructions collapses after 47 years in business.... [more]

  • Opinion/Analysis - Simonelle Mody: Missing this ETF detail may cost you. A small oversight that can quietly shift your long‑term returns..... [more]

  • Opinion - Margarita Vladimirova: A seemingly minor decision handed down last week by the Administrative Review Tribunal may open the door to widespread use of facial recognition technology in shops and other privately owned.... [more]

  • Opinion - Grace Alvino: My 10 best ASX shares to buy in February February isn't about perfect timing. It's about backing strong businesses for the long haul..... [more]

  • Comment/Opinion - Nathan Howard Gray & Peter Draper: Why Australia’s trade deal with Europe hinges on a forgotten promise - and a handshake.... [more]

World Business News

  • Economists have noticed that betting markets like Kalshi and Polymarket are pretty good at predicting not just political events but economic data, too..... [more]

  • It's shaping up to be another tough week for the tech sector. US stocks slid lower on Thursday, with the S&P 500 on track to notch its third straight day of losses as investors continued to dump tech and software holdings.... [more]

  • Why energy is the best-performing sector in the S&P 500 so far this year.... [more]

  • Trump coin and other meme tokens are to blame for the crypto winter, famed investor Ross Gerber says. One year into Donald Trump's presidency, bitcoin is worth less than it was before he was elected.... [more]

  • Older Americans power a gray-shaped economy. The changing demographics in the U.S. — more old people, fewer young ones — are reshaping jobs and spending in all kinds of ways..... [more]

  • Real estate stocks have become the latest victim of the artificial-intelligence threat. Commercial real estate brokers are selling off for a second straight day. CBRE tumbled 13.5% in midday trading.... [more]

  • Spirit Airlines, trying to emerge from its second bankruptcy in less than a year, has sold another 20 of its Airbus planes and is bringing flight attendants back from furlough..... [more]

  • OpenAI Debuts First Model Using Chips From Nvidia Rival Cerebras.... [more]

  • Palo Alto Networks (PANW.O), opted not to tie China to a global cyberespionage campaign the firm exposed last week over concerns that the cybersecurity company or its clients could face retaliation from Beijing.... [more]

  • Brookfield posts record $5.4 billion in distributable earnings.... [more]

  • Adam Mosseri, the head of Instagram, testified on Wednesday that he does not think users can be “clinically addicted” to the social media app. Mosseri is the first executive to testify in the landmark social media addiction trial .... [more]

  • McDonald’s focus on value is paying off. The fast food giant said Wednesday that its global same-store sales — or sales at locations open at least a year — jumped 5.7% in the October-December period. .... [more]

  • Trump met with David Ellison days before saying he’s ‘not involved’ in Paramount’s Netflix battle.... [more]

  • IndyCar locks in Honda and Chevrolet with new deals ending 2 years of Honda exit talk.... [more]

  • Google hit by fresh EU antitrust probe over search ads pricing, Bloomberg News reports.... [more]

  • The Kremlin has set out proposals that could see Russia embrace the dollar again as part of a wide-ranging economic partnership with the Trump administration, according to an internal Russian document.... [more]

  • Russia has confirmed that it has blocked instant messaging app WhatsApp in the country, instead directing Russian citizens to use its state-backed Max app..... [more]

  • EU leaders to clash over ‘Buy European’ push at Belgium summit. Leaders to discuss once-taboo policy of favouring European companies, in attempt to regain economic competitiveness.... [more]

  • British economic growth data released on Thursday showed a marked seasonal pattern for the fourth year in a row, adding to economists' concerns about numbers from the Office for National Statistics..... [more]

  • UK economy grows by only 0.1% amid falling business investment.... [more]

  • Chancellor Rachel Reeves has said there is "more to do" after the UK economy saw a lacklustre end to 2025. The economy grew by 0.1% in the last three months of the year, the Office for National Statistics (ONS) said,.... [more]

  • Britain's Schroders (SDR.L), s being taken over by U.S. asset manager Nuveen for 9.9 billion pounds ($13.5 billion), in the largest-ever acquisition of a European fund manager that spells the end of independence for the 222-year old.... [more]

  • Political leaders must unite to protect Scottish energy sector, says trade body. The OEUK has urged political parties to take an ‘all-energy’ approach to renewables and fossil fuels..... [more]

  • L'Oreal's (OREP.PA), fourth-quarter sales grew 6%, it said on Thursday, as strong demand for the group's haircare and perfumes in Europe and North America compensated for barely any growth in North Asia..... [more]

  • Louis Vuitton’s Dutch arm agrees to pay 500,000 euros to settle a money laundering case.... [more]

  • Hermes beats sales expectations, sees positive signs in China.... [more]

  • Norway's $2.2 trillion sovereign wealth fund, the world's largest, faces conflicting expectations at home and abroad over responsible investments, the governor of the central bank said on Thursday..... [more]

  • French video game publisher Ubisoft (UBIP.PA), confirmed its full-year financial targets on Thursday after third-quarter bookings exceeded company forecasts, driven by its flagship "Assassin's Creed" franchise..... [more]

  • A global memory supply shock is sweeping through the electronics industry, as surging component costs threaten to squeeze China’s smartphone and broadband equipment manufacturers..... [more]

  • SoftBank says it made $4.2 billion from its OpenAI investment in the last quarter.... [more]

  • Hong Kong’s CK Hutchison Holdings warned of legal action on Thursday against a Danish logistics and ports group, after the latter was tapped by Panamanian authorities to temporarily take over the operation of two critical ports.... [more]

  • India switches FY27 maturity bonds with central bank, issues 2040 paper.... [more]