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 rose 18 points, or 0.2 per cent, to close at 9250.60 on Tuesday, with energy stocks leading the gains, while six of its 11 industry sectors were in the red. The Australian dollar dropped slightly to US70.53¢..... [more]

  • U.S. Market Report: Following the lackluster performance seen in the previous session, stocks continue to show a lack of direction during trading on Tuesday. The major averages have once again spent the day bouncing back and forth.... [more]

  • European Market Report: European stocks were subdued on Tuesday even as energy shares surged after U.S. President Donald Trump said he has instructed American representatives to firmly include compensation demands from Iran in any future negotiations.... [more]

  • Asian Market Report: Asian stocks ended mixed in cautious trading on Tuesday, with Japanese markets closed for a holiday. Amid a lack of any breakthrough in Middle East talks and protracted uncertainty over the global inflation outlook, investors braced.... [more]

Australian Business News

  • Reserve Bank holds interest rates at 4.35 per cent as Australian borrowers await next RBA move.... [more]

  • As the RBA revealed its latest rates call today, it was told to pay close attention to a “deeply concerning” rise in national mortgage default risk..... [more]

  • CBA earnings preview: $11 billion profit tipped as peers set a grim tone. CBA reports FY26 on Wednesday with Westpac and Judo already flagging weaker margins and rising credit stress. Can the 28x stock beat again?.... [more]

  • Superannuation fund returns have kicked off the new financial year in modestly positive territory, according to the latest data from specialist superannuation ratings house, SuperRatings..... [more]

  • First lifetime bans issued under NDIS watchdog’s expanded powers.... [more]

  • Car insurance premiums have surged by about 50 per cent in six years, prompting the financial regulator to blast insurers for failing to adequately explain to customers why they have jacked up prices by so much..... [more]

  • Is the ASX morphing back into an income market? Australian equities may be entering a new income era..... [more]

  • VAS vs VGS: One Vanguard ETF has clearly pulled ahead Past performance reveals a clear Vanguard ETF winner..... [more]

  • The investing rule that explains the next market crash. Many investors think of the share market as a multiple-choice test with just two answers. An investment is either good or bad. Find the good investments and you get rewarded..... [more]

  • Delivery drivers in Australia will be paid a minimum rate of $31.30 (US $22.05/£16.35) an hour and insured for injuries on the job under a landmark agreement approved by the industrial umpire that could set a precedent in other countries..... [more]

  • In a move that signals a swift transition from a newly-minted ASX-lister to an active explorer, Elk Range Mining is set to start a maiden 2850-metre diamond drilling campaign at its Friday gold mine in Idaho in the United States..... [more]

  • Kuniko Limited has seized a controlling 51 per cent stake in the high-grade Commonwealth-Silica Hill gold-silver-copper project in New South Wales more than 12 months ahead of schedule.... [more]

  • Woodside Energy Shares Testing Resistance As Tensions Return.... [more]

  • St George Mining’s Araxá rare earths and niobium project has put some serious numbers on the board in Brazil, with the company delivering a massive resource upgrade over the deposit that catapults into globally significant territory..... [more]

  • Red Sky Energy’s (ASX:ROG) share price has taken off after it released a positive update on the status of the Santos-operated (ASX:STO) drilling program at the Yarrow and Willowie fields within the Innamincka Dome in Central Australia..... [more]

  • Advance Metals has hit paydirt again at its Gavilanes silver project in Durango, Mexico, with its fourth consecutive diamond drill hole intersecting high-grade silver and extending the known mineralised system.... [more]

  • Augustus bags 19.5g/t WA gold at Music Well.... [more]

  • Queensland's renewable energy policies are creating a bottleneck for investors and slowing a projected drop in energy prices, a national report says..... [more]

  • LTR Pharma reports encouraging real-world SPONTAN data.... [more]

  • Life360 Shares Today’s ASX 200 Laggard, Despite Record Quarter: Here’s Why.... [more]

  • Nanoveu Ltd (ASX:NVU, OTCQB:NNVUF, FRA:Q2L) has secured a US$300,000 (A$433,500) pilot order for its EyeFly3D™ glasses-free 3D mobile technology as part of a planned nationwide rollout in India with spatial computing.... [more]

  • Cruise boat passengers on luxury tours of Western Australia’s remote north have been ferried to shore using tenders and provisions loaded by hand onto ships as work stoppages at Broome’s port begin to take effect..... [more]

  • Southern Cross Media, the business created from the merger of Kerry Stokes’ Seven West and radio group Southern Cross, attributed its $13 million full-year loss reported on Tuesday to deteriorating market conditions.... [more]

  • US court rules Meta failed to preserve key evidence in Andrew Forrest legal dispute.... [more]

World Business News

  • Dollar and euro flatline as FX traders await inflation test and Hormuz fallout.... [more]

  • U.S. existing home sales fell for a second straight month in July as higher mortgage rates and house prices because of tight supply pushed out potential buyers from the market..... [more]

  • Why JPMorgan is investing big in the 2028 LA Olympics.... [more]

  • Unitree Robotics is set to become the first public humanoid-robotics company in mainland China, and it’s riding the robotics hype straight to the bank. Last week, the Hangzhou-based company priced its shares at about $22, .... [more]

  • Why "chipflation" is here to stay. Annual change in Producer Price Index for electronic components and accessories.... [more]

  • Google says Gemini app surpasses 1 billion monthly users.... [more]

  • Nvidia ⁠has struck a deal with six large Wall Street firms to raise ⁠more than $500bn (£370bn) to fund the datacentres, chip factories and power stations needed to fuel the artificial intelligence boom..... [more]

  • Veteran OpenAI executive Brad Lightcap announced on Tuesday that he's leaving the company, the latest departure at the AI juggernaut as it orients itself toward an initial public offering..... [more]

  • A U.S. Appeals Court said Monday that thousands of lawsuits targeting Meta Platforms, ByteDance's TikTok and other social media outlets over claims that social media is harmful and addictive can proceed..... [more]

  • Invitation Homes CEO says ban on institutional homebuying will bring down prices, but not immediately. The CEO of Invitation Homes, the nation’s largest single-family rental landlord,.... [more]

  • Vietnam’s VinSpace signs deal with Elon Musk’s SpaceX to launch its first satellites in 2027.... [more]

  • Waymo Is Growing Faster Than Ever. So Are Its Glitches. As Waymo deploys more driverless cars to 15 U.S. cities and counting, its vehicles keep encountering new and unexpected situations that they have no script to handle..... [more]

  • Trump Media & Technology, the company behind the Truth Social platform, said Monday that it lost $238 million in the three months through June as it branched into businesses unrelated to media, including crypto..... [more]

  • Argentina's YPF reports $1.21 billion second quarter net profit.... [more]

  • Andy Burnham vowed to “pull every single lever” to reduce the cost of living ahead of a summer tour of the UK. The Prime Minister, after taking a holiday a little over a fortnight into the job, will spend much of the rest of August travelling.... [more]

  • Istanbul airport has overtaken Heathrow as Europe’s busiest airport by passenger numbers, leading the London hub to say its “case for expansion has never been clearer”..... [more]

  • No-frills airline EasyJet has agreed to be taken over in a £5.7bn deal by US firm Apollo after a rival bidder dropped out. The takeover was agreed after US investment firm Castlelake, which had made a series of offers for the carrier.... [more]

  • What should EasyJet shareholders do now after takeover bid is confirmed? There remains a gap between the current share price and the eventual buying price.... [more]

  • Low Rhine levels begin to disrupt German industry.... [more]

  • The CEO of Norway's sovereign wealth fund, the world's ​largest, reiterated on Tuesday that its $2 trillion in value could sustain an ‌unexpected heavy loss and even disappear altogether in the case of a market collapse..... [more]

  • Alibaba says modular design delivers AI data centres in 100 days at 10% lower cost. With CUBE 5.0, Alibaba Cloud expects to more than double modular data centre delivery efficiency this year amid AI boom, report says.... [more]

  • Shein set to take orders for Hong Kong IPO next week, eyeing US$35b valuation: sources.... [more]

  • Retail investors' losses in India's equity derivatives market fell nearly 18% year-on-year to ​916.85 billion rupees ($9.61 billion) in the financial ‌year ended March 2026, according to data provided by the government in Parliament.... [more]

  • The criminal securities fraud case against Adani Group chairman Gautam Adani and his nephew Sagar Adani has been permanently dismissed by a US federal judge, bringing to an end nearly two years of prosecution.... [more]

  • Adani Lands $800 Million Data Center Loan as US Drops Charges.... [more]

  • India's Vodafone Idea (VODA.NS), reaffirmed plans to grow revenue by double digits, triple ​cash EBITDA and invest 450 billion rupees ($4.72 billion) ‌in its network over three years, CEO Abhijit Kishore said during an earnings call.... [more]

  • Analysis - David Goldman, Rachel Siegel - There’s a big problem with what we’re told about America’s economy.... [more]