President Donald Trump has said on his social media site that "Interim Authorities" in Venezuela would be providing 30 million to 50 million barrels of "High Quality" oil to the US at its market price.
Wall Street has ended higher as chip stocks surged on renewed AI optimism, Moderna rallied and the Dow Jones Industrial Average reached a record high.
An early lift for Australia's share market has crumbled to a loss, after valuation concerns and portfolio rebalancing dragged on the heavyweight banking sector.
The state's Supreme Court has ruled over a cost dispute between land developer Allen Caratti and lender Reliance Capital, with the latter awarded about $16 million.
Synergy's $4.5 billion Tathra wind farm near Eneabba will not be subject to state environmental review, clearing another hurdle ahead of project development.
Subiaco-based gold miner Regis Resources has confirmed it was among several WA organisations hit by Lynx Ransomware recently, but says the group did not manage to steal any data.
Shares in Viridis Mining & Minerals closed trade up 12 per cent to $1.39 on Tuesday, following news that the junior had achieved a key milestone in relation to its Colossus rare earth project in Brazil.
Curtin University has been named the only WA institution to receive a share of $40 million in new contracts from Defence focused on emerging technologies and artificial intelligence.
Ryan Stokes-steered SGH would carve out BlueScope's larger North American division under its $13.2 billion takeover proposal, after labelling the target's global operations as not strategically compatible.
Zoran Bebic-led Monadelphous has extended its working relationship with iron ore major BHP, after securing another significant contract worth $175 million.
Wall Street has ended higher, with surging financial shares helping lift the Dow Jones Industrial Average to an all-time peak, while energy firms jumped after a US military strike captured Venezuelan President Nicolas Maduro.
Australia's largest steel producer announced late Monday that US company Steel Dynamics has teamed with Ryan Stokes-led SGH to lob an indicative takeover proposal priced at $30 per share.
Ten rare earths players have informed a leading lobby group's proposed framework for the federal government to deliver on its $1.2 billion critical minerals strategic reserve pledge.
Strong commodity prices have helped balance Australia's stock market despite fossil fuels dipping as investors weigh the capture of Venezuelan President Nicolas Maduro by US special forces.
