Latest news with #BenWestcott


Bloomberg
6 days ago
- Business
- Bloomberg
Rio's Iron Ore Output Recovers As Prices Top $100
Good morning everyone, Ben Westcott here in a brisk Melbourne, here's what's making news today. Today's must-reads: • Rio Tinto's iron ore shipments recover • Australia's online payment boom sparks cash crisis • Trump says he won't fire Federal Reserve chair Rio Tinto's second-quarter iron ore shipments largely recovered from cyclone impacts earlier in the year, jumping 13% from the first quarter. It comes as the iron ore price topped $100 a ton for the first time since May, as sentiment improved around Chinese economic growth.


Bloomberg
19-06-2025
- Business
- Bloomberg
What Happens If Trump Bails on Aukus?
Never miss an episode. Follow The Bloomberg Australia Podcast today. The US has announced a review of the Aukus defense deal, casting fresh doubts on whether the country will follow through on its pact with Australia and the UK. This week on the podcast, Rebecca Jones asks reporter Ben Westcott to explain what's behind the review and what the potential consequences are for Australia, the Asia Pacific, and China's increasing presence in the region.


Bloomberg
29-05-2025
- Business
- Bloomberg
Darwin Port Tussle Highlights China-US Tension
Good morning, it's Angus here in Sydney. Here's what you need to know as we round out the week. Today's must-reads (listens): • Our podcast on the Port of Darwin showdown • How many RBA rate cuts? • Natural gas sector grapples with red tape In 2015, Chinese company Landbridge was awarded a 99-year lease over the Port of Darwin. Now, Australia wants to take it back and put it into local hands. This week on the Bloomberg Australia podcast, Rebecca Jones speaks to government reporter Ben Westcott and senior editor Chelsea Mes about why Beijing is speaking out against that decision, and what role the US might play.


Bloomberg
29-05-2025
- Business
- Bloomberg
The Global Tussle For The Port of Darwin
On this week's Australia Podcast: Host Rebecca Jones speaks to government reporter Ben Westcott and senior editor Chelsea Mes about the strategic significance of the Port of Darwin. Never miss an episode. Follow The Bloomberg Australia Podcast today. In 2015, Chinese company Landbridge was awarded a 99-year lease over the Port of Darwin. Now, Australia wants to take it back and put it into local hands. This week on the podcast, Rebecca Jones speaks to Ben Westcott and Chelsea Mes about why Beijing is speaking out against that decision, and what role the US might play.


Bloomberg
04-05-2025
- Business
- Bloomberg
What's Next for Australia's PM Albanese After a Historic Re-Election
Australian PM Anthony Albanese has been re-elected for a second term — the nation's first leader in more than 20 years to win back-to-back elections. Ben Westcott explains the challenges that lay ahead for the Labor Party hero. (Source: Bloomberg)