600m

Funds flow to charities and other organisations, with Executive Council of Australian Jewry getting $124m for extra securityExplore all of our 2026 Australia federal budget coverageGet our breaking news email, free app or daily news podcastAustralia’s Jewish community will receive an extra $300m for security and support from the federal budget as part of a $604m package in response to December’s Bondi beach terror attack.The government has also set aside federal cash for its proposed national gun buyback but would not say how much, as it struggles to bring state governments on board. Continue reading...

• Toronto-based Cohere Inc. and Germany's Aleph Alpha GmbH announced plans to merge, supported by a $600 million structured financing commitment from Schwarz Group. • Cohere, which has raised $1.6 billion since 2019 from Nvidia and others, offers multiple AI models; the Series E deal expects additional investors and closure later in 2026. • The merger combines expertise in enterprise AI, potentially accelerating development amid US-China tech tensions and boosting competitive edge for Western AI firms.

Engine-maker CEO hails ‘critical milestone’ for company in race to deliver SMR technology built at Wylfa plant on Anglesey Business live – latest updatesRolls-Royce has secured up to £599m from Britain’s national wealth fund as it races to develop the UK’s first small modular nuclear reactors.The fund will help support Rolls-Royce’s design of small modular reactors (SMRs) at Wylfa on the island of Anglesey (called Ynys Môn in Welsh). Continue reading...

Almost 2,000 jobs will be created, with retailer vying to overtake Morrisons as Britain’s fifth largest supermarket Lidl is to open 50 new UK stores in the year ahead as it aims to overtake Morrisons as the country’s fifth largest supermarket chain.The German-owned retailer, which now has more than 1,000 British stores, said it planned to invest more than £600m in UK growth, creating almost 2,000 jobs as it expands its warehouse and logistic network to supply its new outlets. Continue reading...