Laurel Henning

Plus: Trump proposes 12.5% tariff on Australia; Iranian strikes Kuwait airport killing one; Wall Street snaps winning streak as oil rises and private credit cracks.

Government-owned Snowy Hydro will likely miss a 2028 deadline for finishing its pumped hydro expansion project, Snowy 2.0, chief executive Dennis Barnes told a conference in Sydney.

Telstra has issued a final notification as part of its ongoing share buy-back due to wrap up this month.

Major fashion and beauty retailers Inditex, H&M Hennes & Mauritz and Sephora Australia have paid infringement notices totalling $596,000 to the corporate regulator ASIC for failing to meet a financial reporting deadline.

Coca-Cola CFO John Murphy said consumer demand remains uneven, as the company tries to adapt products for budget-conscious consumers and navigates uncertainty in the Middle East.

Hezbollah leader Naim Kassem has rejected a ceasefire agreement reached between Israel and the Lebanese government, following negotiations in Washington.

Amazon Web Services and Pinterest have signed a USD4 billion ($5.6 billion) cloud-services deal, boosting both companies' share prices.

Plus: SpaceX files Australian Prospectus; Musk kicks off record roadshow, Goldman pitches 100-fold AI revenue growth; Blackstone latest to cap withdrawals as private credit stress spreads.

Meta executives are considering selling tens of billions of dollars in stock to fund AI infrastructure projects, in the wake of Google-parent Alphabet's $85 billion share deal announced this week, according to reports.

Plus: Meta shares fall as FT flags mega share sale ahead; SpaceX USD75b IPO already oversubscribed; Blowout jobs number cements Fed hike bets before year end.