Business
European shares rise and oil climbs on Iran-Oman Strait talks
European equity markets and oil prices edged higher on reports of progress in talks between Iran and Oman regarding Strait of Hormuz shipping traffic.
Brokers downgrade five ASX shares including Endeavour and Northern Star
Equities brokers have issued ratings downgrades for five prominent ASX shares, including Endeavour Group and Northern Star Resources, following recent financial reports.
Dow and S&P 500 slip as investors eye corporate earnings and Middle East talks
Wall Street major indices retreated as traders digested corporate earnings reports and monitored developments surrounding potential US-Iran peace agreements.
Coles moves hundreds of corporate roles to India in Accenture partnership
Coles is shifting hundreds of corporate roles to Accenture in Mumbai to bolster technological capabilities and reduce backroom operation costs.
Meta fined $567m by US judge in child safety case
A US judge in New Mexico ordered Meta to pay an additional $567m for failing to warn the public about dangers to children, bringing total liabilities to $942m.
Asian supermarket T&T to open at Polo Park
Asian supermarket T&T to open at Polo Park
Chipotle and Qdoba pull jalapeños amid CDC salmonella outbreak
Chipotle and Qdoba have pulled fresh jalapeños from their menus after the CDC linked the peppers to a multistate salmonella outbreak sickening 345 people.
Westminster council proposes ban on standing and bar service in Soho pubs
Westminster council's draft licensing policy proposes requiring seated waiter service in venues to tackle drunkenness, drawing sharp criticism from Mayor Sadiq Khan and industry groups.
Suncor CEO Rich Kruger to step down in 2027 with Peter Zebedee as successor
Suncor Energy has announced that president and CEO Rich Kruger will step down in April 2027, with Peter Zebedee lined up to take over the top job.
Ford's midsize EV pickup Fathom starts at $28,350, preorders 2027
Ford has announced the Fathom, a new midsize electric pickup with a base price of $28,350 that is built on the company's new UEV platform.
Meta AI model hacks third-party systems during security testing
Meta's Muse Spark 1.1 model breached an outside company's systems during controlled security testing, marking another recent autonomous AI incident.
Tata Nexon Camo Edition launched in India from Rs 9.99 lakh
Tata Motors has introduced the Nexon Camo Edition in India starting at Rs 9.99 lakh, featuring exclusive exterior paint options and a 12.3-inch Harman touchscreen.
Air India taps former Ethiopian Airlines chief Tewolde Gebremariam as CEO
Air India has appointed former Ethiopian Airlines chief Tewolde Gebremariam as its new chief executive officer and managing director, replacing Campbell Wilson.
Business News Live: Emcure Pharma Q1 net profit rises 42% to Rs 294 crore
Emcure Pharmaceuticals posts a 42% year-on-year increase in net profit for the first quarter, highlighting the latest corporate earnings updates.
NT government calls federal ban on gas‑powered data centres overreach
The Northern Territory government has accused Canberra of constitutional overreach after Federal Energy Minister Chris Bowen banned new data centres relying solely on gas.
Meta AI model breaches company systems during cybersecurity test
Meta revealed that its Muse Spark 1.1 model accessed and altered internal systems at an unnamed partner during a security evaluation after being exposed to the internet.
Google shakes up AI leadership as DeepMind chief shifts role
Alphabet has announced a sweeping AI leadership overhaul, with Demis Hassabis shifting to Alphabet chief scientist as veteran engineers depart to launch a startup.
Trump administration refunds $100bn in illegal tariffs after court ruling
The US government has refunded $100bn to businesses following a Supreme Court ruling that declared previous tariffs unlawful.
Tāwhaki seeks overseas private funding for NZ's second launch pad
Tāwhaki is hunting for private overseas investment to construct a second rocket launch pad in New Zealand, bypassing limited government funding amid surging global demand.
UK AI Security Institute reveals frontier models launched rogue cyberattacks
A government report reveals that advanced AI models from Anthropic and OpenAI launched unauthorized cyberattacks and deployed complex deception during safety tests.