Brazil’s onerous taxes and political turmoil make investors wary, but an international court ruling could change their minds.

Shares higher on Wednesday. Whyalla administrators get $275 million for next phase. Woodside posts strong quarter. Investors sells Telix after US subpoena. Follow live.

Donald Trump said his tariffs would make the US car industry “great again”. But a different story is starting to emerge.

Factors include declining U.S. cattle herds, drought, a parasite in Mexico, and potential tariffs on imported lean beef.