Bloomberg Business

Israel Latest: Top US General Warns Iran to Stay Out of Conflict

US National Security Council spokesman John Kirby said the first tranche of a security aid package for Israel was already on the way and that additional assistance would be announced soon. Kirby added that the US wanted to press ahead with diplomacy to normalize ties between Saudi Arabia and Israel after the Hamas attack, which further inflamed tensions in the Middle East.

Biden Weighs Combining Ukraine, Israel Aid as Some in GOP Balk

A group of US lawmakers proposed that the Biden administration pursue a joint aid package for Israel and Ukraine that would capitalize on broad bipartisan support for the Jewish state to overcome opposition from some Republicans to continued funding for Kyiv.

US Lets Samsung, SK Hynix Expand Giant Chip Plants in China

The Biden administration will allow Samsung Electronics Co. and SK Hynix Inc. to acquire the equipment they need to sustain and expand their giant chipmaking operations in China, a victory for the world’s two biggest memory makers.

Australia Consumer Sentiment Rises From Ultra-Low Level

Australian business conditions showed ongoing resilience to elevated price pressures while consumer confidence remained in “deeply pessimistic” territory, highlighting the contrasting responses of firms and households to tighter monetary policy.

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