Prominent Perth business identity Bill Clough is set to lose control of the energy company he founded, Twinza Oil, with its major lender executing a debt for equity swap with plans to develop its ...

The Australian and New Zealand militaries are monitoring three Chinese warships that are moving unusually far south along Australia’s east coast on an unknown mission.

The struggling clothing retailer Forever 21 appears close to a second bankruptcy reports Bloomberg News, with plans to close 200 locations.

The Trump administration is seeking details on how European allies could contribute to guarantees for Kyiv and deter Moscow in future, according to documents seen by Bloomberg News.

Wall Street has been guessing “will he or won’t he” on tariffs since President Donald Trump took office last month promising sweeping levies on geopolitical allies and rivals alike.

DeepSeek’s breakthrough in artificial intelligence is helping drive a rotation of stock funds back into China from India. Hedge funds have been piling into Chinese equities at the fastest pace ...

Elon Musk’s DOGE team is sending termination notices to staffers at the US Digital Service, a group of federal IT workers that Musk’s group is taking over, according to two people who were ...

Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union. All of a sudden, Europe is waking up to the urgency of the need to be able to ...

Catastrophe bonds, whose returns have consistently trounced those of high-yield debt markets in recent years, are about to become accessible to a wider group of investors. An exchange-traded fund ...

Hamas indicated a willingness to stop governing Gaza after the war with Israel, an overture timed for US-led efforts to extend the initial ceasefire and agree terms for a permanent end to ...

Israeli Prime Minister Benjamin Netanyahu threatened to open the “gates of hell” on Hamas if all remaining hostages aren’t released, as he touted support from the Trump administration for ...

Several veteran staffers of Singapore Exchange Ltd. are leaving as the bourse tries to revive its flagging equities business, according to people familiar with the matter. Frieda Choong, who runs ...