Robinhood Expands Sports Event Contracts With Player Performance Wagers 
LG Energy Solution Shares Slide After Ford Cancels EV Battery Supply Deal 
OpenAI Explores Massive Funding Round at $750 Billion Valuation 
Union-Aligned Investors Question Amazon, Walmart and Alphabet on Trump Immigration Policies 
Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push 
Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand 
MetaX IPO Soars as China’s AI Chip Stocks Ignite Investor Frenzy 
Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation 
Shell M&A Chief Exits After BP Takeover Proposal Rejected 
EU Signals Major Shift on 2035 Combustion Engine Ban Amid Auto Industry Pressure 
noyb Files GDPR Complaints Against TikTok, Grindr, and AppsFlyer Over Alleged Illegal Data Tracking. 
Treasury Wine Estates Shares Plunge on Earnings Warning Amid U.S. and China Weakness 
Ford Takes $19.5 Billion Charge as EV Strategy Shifts Toward Hybrids 
Delta Air Lines President Glen Hauenstein to Retire, Leaving Legacy of Premium Strategy 
Sanofi’s Efdoralprin Alfa Gains EMA Orphan Status for Rare Lung Disease 
Instacart Stock Drops After FTC Probes AI-Based Price Discrimination Claims 
ANZ New CEO Forgoes Bonus After Shareholders Reject Executive Pay Report 
The Australian government will provide ANZ Group with a A$2 billion ($1.26 billion) loan guarantee to support its banking operations in the Pacific region. The guarantee, expected to take effect in the second half of 2025, ensures ANZ can continue offering financial services across the Pacific.
The government considers the likelihood of the guarantee being called very low, and ANZ will pay an annual fee for the support. In addition, the bank has committed to investing an extra A$50 million in its Pacific banking division to strengthen operations and expand its digital banking services.
This strategic move underscores Australia's commitment to economic stability in the Pacific while allowing ANZ to maintain its market presence and enhance digital transformation. The bank's investment is expected to improve accessibility and financial inclusion in the region, reinforcing its long-term growth strategy.
By securing this guarantee, ANZ strengthens its position as a key financial player in the Pacific, ensuring continuity in essential banking services while advancing its digital banking evolution.
