Explore

ReutersReuters
Major Australian private lender suspends three ASX funds, cuts asset values after audit

Major Australian private lender suspends three ASX funds, cuts asset values after audit

SYDNEY, Sept 28 (Reuters) - One of Australia's biggest private credit lenders suspended trading of three of its ASX-listed funds on Monday and said it would mark down their asset values after auditors disagreed with assumptions used in preliminary financial reports.
ReutersReuters
OpenAI apologises for Australian government website hack, pledges to rebuild trust

OpenAI apologises for Australian government website hack, pledges to rebuild trust

(Corrects typographical error in headline) SYDNEY, Sept 29 (Reuters) - OpenAI apologised for the hacking of an Australian government website by a rogue AI agent, committing funding to improve cyber defences and to establish a local response taskforce as scrutiny mounts over the high-profile incident
ReutersReuters
Anthropic, OpenAI will not attend Australian senate AI hearing on October 1

Anthropic, OpenAI will not attend Australian senate AI hearing on October 1

By Anzar Mehraj Sept 28 (Reuters) - Anthropic will not appear before an Australian senate committee hearing on AI on October 1, a source familiar with the matter said, days after a disclosure that an agent from OpenAI gained unauthorized access to the country's health system database.
ReutersReuters
Australian developer axes Sydney suburban data centre plan after local opposition

Australian developer axes Sydney suburban data centre plan after local opposition

SYDNEY, Sept 28 (Reuters) - Australia's biggest property company on Monday abandoned plans to build a data centre metres from people's homes in the Sydney suburbs after the proposal sparked fierce local opposition.
ReutersReuters
OpenAI shelves new AI model release over safety concerns

OpenAI shelves new AI model release over safety concerns

Sept 28 (Reuters) - OpenAI has scrapped the release of GPT-6.1 Astra, a next-generation AI model planned for an October debut, after internal testing found the system did not meet the company's safety and alignment standards, the ChatGPT maker confirmed on Monday.
ReutersReuters
Australia's Megaport rallies after bagging $687-million AI contracts

Australia's Megaport rallies after bagging $687-million AI contracts

By Jasmeen Ara Islam Shaikh and Rajasik Mukherjee Sept 29 (Reuters) - Australian network and cloud services provider Megaport said on Tuesday it won three AI infrastructure contracts worth about A$978.6 million ($686.88 million) and raised its annual earnings forecast, sending its shares nearly 21%
ReutersReuters
UK auto output rebounds in August but 'Made in Europe' proposals pose threat, industry data shows

UK auto output rebounds in August but 'Made in Europe' proposals pose threat, industry data shows

Sept 30 (Reuters) - Britain's vehicle production rebounded in August as domestic car demand picked up, industry data showed on Wednesday, but a deepening EU trade dispute threatens to weigh on the sector's long-term outlook.
ReutersReuters
Bond yields extend run higher; stocks ease but Anthropic IPO optimism boosts tech

Bond yields extend run higher; stocks ease but Anthropic IPO optimism boosts tech

By Caroline Valetkevitch and Johann M Cherian Sept 29 (Reuters) - Bond yields extended their recent rise and major stock indexes eased on Tuesday, although technology shares gained amid optimism over AI lab Anthropic's plans for a public debut. 
ReutersReuters
Goldman private credit fund defies industry elevated withdrawal trend yet again

Goldman private credit fund defies industry elevated withdrawal trend yet again

(Corrects to remove extraneous word from headline) Sept 29 (Reuters) - Goldman Sachs' private credit fund said on Tuesday that investor requests to pull money further slowed down in the third-quarter tender offer, with redemption pressure easing across the broader industry.
ReutersReuters
Tech stocks gain on Anthropic IPO optimism, offsetting high oil, yields

Tech stocks gain on Anthropic IPO optimism, offsetting high oil, yields

By Johann M Cherian and Tom Westbrook Sept 29 (Reuters) - Tech stocks advanced in Europe and Nasdaq futures edged higher on Tuesday as optimism over AI lab Anthropic's plans for a public debut outshone concerns over elevated oil prices and global bond yields. 
ReutersReuters
Australia's Northern Star rejects $27 billion takeover approach from Gold Fields

Australia's Northern Star rejects $27 billion takeover approach from Gold Fields

By Melanie Burton and Roshan Thomas MELBOURNE, Sept 28 (Reuters) - Australia's top gold producer Northern Star Resources said it rejected an unsolicited A$38.7 billion ($27.1 billion) takeover proposal from South Africa's Gold Fields, the latest sign of consolidation pressure in the gold sector.
ReutersReuters
Factbox-Tennis-List of Billie Jean King Cup champions

Factbox-Tennis-List of Billie Jean King Cup champions

SHENZHEN, China, Sept 27 (Reuters) - List of Billie Jean King Cup champions after Czech Republic beat Ukraine in Sunday's final in Shenzhen, China.