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 pared back early losses to close in the green on Friday the S&P/ASX 200 index finished the week up 16.2 points, or 0.2 per cent, after a choppy day of trading..... [more]

  • U.S. Market Report: Stocks are seeing modest strength during trading on Friday, with the major averages all moving to the upside after ending yesterday's choppy trading session narrowly mixed..... [more]

  • European Market Report: Despite a fairly good spell in positive territory till noon, European stocks failed to sustain at higher levels and ended on a mixed note on Friday. Investors digested the economic data from the region as well from the U.S.,.... [more]

  • Asian Market Report: Asian stocks turned in another mixed performance during trading on Friday. Japanese markets led regional losses after government data showed household spending in the country unexpectedly slumped.... [more]

Australian Business News

  • Australia’s efforts to build its way out of a housing crisis are going backwards in huge chunks of the nation amid warnings state government policies are putting up roadblocks..... [more]

  • Australian business leaders are less concerned about climate change heading into 2026 as disruption in economic activities, tech failures and worsening public health dominates the worry list, the World Economic Forum’s latest survey.... [more]

  • The cost of a comfortable retirement has reached $76,505 per year for couples and $54,240 for singles, reflecting a higher increase than general consumer inflation, driven by rising essential costs like food, energy, and health..... [more]

  • Will the mega-merger wave wipe out shareholder value? Owing to popular demand from hubristic chief executives, “merger Mondays” are back: ten times this year the workweek kicked off with news of at least one.... [more]

  • 5 Dogs of the ASX and their prospects for 2026. Ten Cap's Jun Bei Liu and Atlas' Hugh Dive rummage through the ASX bargain bin, hunting for beaten-up stocks set to bounce..... [more]

  • How a ‘doom loop’ could drive gold higher again in 2026.... [more]

  • Chevron invests $3b to continue development of the Gorgon gas project.... [more]

  • West Wits Mining has officially opened its Qala Shallows underground mine west of Johannesburg, marking the first new underground gold mine to be developed in South Africa in 15 years..... [more]

  • A third wind farm planned for Australia's first declared offshore wind zone has been abandoned, raising fears about whether Victoria will meet its offshore wind target..... [more]

  • EV Resources (ASX:EVR) is gearing up to get drill rigs spinning on-site at its Mexican Los Lirios antimony project through the next month, with a positive due diligence decision locked in for the Tecomatian processing plant..... [more]

  • MinRes Shares (ASX:MIN) Recapture A$50 Level – The Latest.... [more]

  • A local consortium says it is "hastily" working on a bid to take over the mothballed Tahmoor mine, owned by British billionaire Sanjeev Gupta, to ensure operations start soon and "there is a workforce to come back"..... [more]

  • Recce Pharmaceuticals Ltd (ASX:RCE, OTC:RECEF) earlier this week reported preclinical efficacy results for R327 in treating ventilator-associated pneumonia, positioning the drug as a potential new class of antibiotic..... [more]

  • No more call to cancel: the government wants to crack down on ‘subscription traps’. It often seems like a great idea at the time. There’s a streaming service, paywalled news site or premium version of an app you want to try,.... [more]

  • BP is ditching paid rest breaks and most bank holiday bonuses for 5,400 workers in its petrol forecourts as it attempts to offset a planned rise in the independent living wage..... [more]

  • Analysis - Mark LaMonica: Troubling environment for returns predicted. Are lower returns a mathematical certainty.... [more]

  • Opinion - Colin Kruger: The curse of Rupert: Lachlan Murdoch has a long way to go to match his dad.... [more]

World Business News

  • Inflation didn’t get any worse before the government shutdown. The Fed is expected to cut rates again. PCE index shows stable inflation of just under 3%.... [more]

  • Investors are getting nervous about Trump's likely pick for next Fed boss.... [more]

  • Netflix Inc. agreed to buy Warner Bros. Discovery Inc., marking a seismic shift in the entertainment business as a Silicon Valley-bred streaming giant tries to swallow one of Hollywood’s oldest and most revered studios..... [more]

  • Netflix’s plan to buy Warner Bros. throws the theater industry into upheaval.... [more]

  • The metaverse is cooked, and Wall Street couldn’t be happier. It appears Meta may finally be ready to put the metaverse out of its misery. Shares of the company formerly known as Facebook shot up 7% early Thursday .... [more]

  • Meta strikes multiple AI deals with news publishers.... [more]

  • SpaceX to Pursue Share Sale at $800 Billion Valuation.... [more]

  • EchoStar stock soars after SpaceX valuation set to double.... [more]

  • U.S. Steel said it will resume making steel slabs at its Granite City Works plant in Illinois as demand rebounds. The company shut down the last blast furnace there in 2023,.... [more]

  • How Google could follow Nvidia to become the next $5 trillion company. One analyst predicts that Google will steal market share from Nvidia and emerge as the dominant survivor of any future dot-com-style crash.... [more]

  • New York Times Sues A.I. Start-Up Perplexity Over Use of Copyrighted Work. Filed in federal court on Friday, the suit joins more than 40 other court disputes between copyright holders and A.I. companies..... [more]

  • As Yieldstreet tries to distance itself from a rocky past with a new name and ad campaign, its customers are dealing with a present reality that is increasingly dire. The private markets investing startup, freshly rebranded as Willow Wealth.... [more]

  • Internet infrastructure company Cloudflare on Friday said it had restored services following an outage that took place in the morning and brought down several global websites including LinkedIn, Zoom and others,.... [more]

  • Two of Brazil's nine central bank seats likely to be unfilled at January meeting,.... [more]

  • Elon Musk’s social media company X was fined 120 million euros ($140 million) by EU tech regulators Friday for breaching EU online content rules, the first sanction under landmark legislation .... [more]

  • Tens of thousands of young British and European citizens would be given the right to live and work in each other’s countries under plans for a scheme that ministers are aiming to finalise within the next year..... [more]

  • Germany’s parliament on Friday approved a pension reform package that had prompted a rebellion in the ranks of Chancellor Friedrich Merz’s party, averting a crisis for the government after a bumpy first seven months in office..... [more]

  • Santander agrees to $26 million settlement in France tax fraud case.... [more]

  • Xi’s big chance to take the yuan fully global in 2026. Trump-era volatility, shaky US finances and a flagging dollar set the stage for a breakout year for China’s currency.... [more]

  • SoftBank Group Corp. is in talks to acquire DigitalBridge Group Inc., a private equity firm that invests in assets such as data centers, as it seeks to take advantage of an AI-driven boom in digital infrastructure,.... [more]

  • The United States and China are pursuing artificial intelligence in “different directions”, and the divergence is being reflected in the strategies that the governments and companies are adopting,.... [more]

  • India's travel chaos has worsened after the country's largest airline IndiGo cancelled hundreds of scheduled flights on Friday after three days of widespread disruption across its network..... [more]

  • Shares of InterGlobe Aviation, the parent of IndiGo, have fallen more than 7 per cent over the past four trading sessions as the airline battles a severe operational crisis that has triggered large-scale flight cancellations.... [more]

  • Russian President Vladimir Putin has said Moscow is ready to provide "uninterrupted shipments" of fuel to India, as Delhi faces pressure from the US to stop buying Russian oil..... [more]

  • Analysis - Foo Yun Chee: Europe forges ahead with Big Tech crackdown with X fine, defying Trump.... [more]