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Speaker 1: Welcome to the Fear and Greed Business News Afternoon Report

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Speaker 1: for Monday, the twenty third of June at twenty twenty five.

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Speaker 2: I'm suan alma.

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Speaker 1: Every afternoon, We've got the five stories that happened today

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Speaker 1: that you need to know about.

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Speaker 2: Story number one.

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Speaker 1: The smp ASEX two hundred fell to way twenty day

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Speaker 1: low today as markets braced for Tehran's response to the

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Speaker 1: US's bombing of three nuclear facilities over the weekend. By

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Speaker 1: the close, the SMPASEX two hundred was down nearly half

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Speaker 1: a percent to eighty four hundred and seventy five points.

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Speaker 1: Traders went for safety, with Commonwealth Bank hitting yet another record.

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Speaker 1: Technology stocks were sold off, with Weistech Global and Technology

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Speaker 1: One both lower energy stocks were also higher on the

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Speaker 1: back of a jump in Brent prices. Story number two

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Speaker 1: Home Weares and furniture retailer Adares share price tumbled twenty

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Speaker 1: one percent today after it warned that full year earnings

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Speaker 1: would come in below last year. The retailers said strong

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Speaker 1: promotional activity had boosted sales, but it also margins not

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Speaker 1: helping it was a weaker Aussie dollar. Straight number three

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Speaker 1: Network ten has done a deal with Spotify to broadcast

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Speaker 1: its new evening news and current affairs bulletin each day

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Speaker 1: within minutes of it going to air on the main

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Speaker 1: channel of the station. Its ten News Plus show is

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Speaker 1: in our long podcast.

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Speaker 2: And video each day. He will also be broadcast live

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Speaker 2: on YouTube, so it airs on TV then goes directly

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Speaker 2: on Spotify to be available on demand as a video podcast.

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Speaker 2: Ten axed it's long running nightly talk show, The Project

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Speaker 2: earlier this month, after sixteen years and more than forty

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Speaker 2: five hundred episodes in its place, it announced ten News Plus,

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Speaker 2: what it calls an in depth news, current affairs and

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Speaker 2: insights program. Straight number four in corporate News Today, Australia's

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Speaker 2: highest paid chief executive, Robert Thompson, has signed a five

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Speaker 2: year extension to continue running Rupert Murdock's News Corporation, keeping

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Speaker 2: the former newspaper editor at the helm of the company

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Speaker 2: until the next decade. And would Side Energy has agreed

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Speaker 2: to sell bigger LNG cargoes to Japan during the peak

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Speaker 2: winter demand period in the Asian nation, bolstering its energy security. Finally,

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Speaker 2: story number five, the South Australian government says it will

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Speaker 2: demand Santos's Abu Dharby suitor commit to keeping the company's

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Speaker 2: headquarters in Adelaide and sign off on big investments in

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Speaker 2: projects in the state in return for supporting the proposed

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Speaker 2: thirty six billion dollar takeover of the AX listed oil

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Speaker 2: and gas giant. The Abu Dhrby National Oil Company made

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Speaker 2: the bid for Santos last week. Since then, unions and

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Speaker 2: governments have flagged their concerns with the sale of critical

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Speaker 2: energy infrastructure to a heavyweight state owned investor. That's it

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Speaker 2: the Afternoon Report for Monday, the twenty third of June

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Speaker 2: twenty twenty five. Make sure we hit follow on the podcast.

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Speaker 1: We'll be back tomorrow morning with a duesday edition of

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Speaker 1: The Few and Greek. I'm Sean Elmer. Enjoy your evening.