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Global climate strike kicks off: Aus shares to open higher

Global climate strike kicks off: Aus shares to open higher

20 Sep 2019 - The Australian share market looks set to open higher following strong leads from the US. Overnight the OECD released an interim economic outlook report projecting the weakest annual growth rates since the financial crisis. Cedar Wood...
Finance News Network
4mins
Zuckerberg looks for friends on The Hill

Zuckerberg looks for friends on The Hill

Facebook CEO Mark Zuckerberg is spending three days in Washington with lawmakers in an attempt to soothe ruffled feathers in the face of numerous government investigations. Conway G.
Reuters
Britain's Burger King says bye-bye kids toys

Britain's Burger King says bye-bye kids toys

Burger King will stop handing out plastic toys in its children's meals and said on Thursday it was launching an amnesty for customers to return any freebies in a bid to tackle the growing problem of plastic waste.
Reuters
Wall Street ends mixed

Wall Street ends mixed

Wall Street ended mixed Thursday, a day after the Federal Reserve cut interest rates as expected and left the door open for further monetary easing.
Reuters
Buybacks not always a boon - Gabriel

Buybacks not always a boon - Gabriel

Shares of Microsoft and Target rallied Thursday after announcing big buybacks, but Thomson Reuters' Terence Gabriel tells Reuters' Fred Katayama that shares of big companies active in buybacks have underperformed the broader market.
Reuters
Amazon, Bezos step up fight to tackle climate change

Amazon, Bezos step up fight to tackle climate change

Amazon's billionaire founder Jeff Bezos announced a plan to meet the goals of the Paris Climate agreement 10 years ahead of schedule. Conway G. Gittens has the details.
Reuters
Pelosi unveils drug price plan

Pelosi unveils drug price plan

U.S. House Speaker Nancy Pelosi unveiled a plan that would allow the federal government to negotiate the prices of prescription drugs for Medicare beneficiaries and consumers.
Reuters
Petrol, Diesel Prices Hiked For Third Straight Day. Check Today's Rates Here

Petrol, Diesel Prices Hiked For Third Straight Day. Check Today's Rates Here

Domestic petrol and diesel prices were hiked on Thursday, marking a third straight day of upwards revision in fuel rates. The price of petrol was increased by 29 paise per litre each in Delhi and Mumbai, while the diesel rate was raised by 19 pais...
NDTV
19secs
Sensex Slumps 470 Points, Falls To Lowest Level In Over Six Months

Sensex Slumps 470 Points, Falls To Lowest Level In Over Six Months

The domestic stock markets fell sharply in trade today led by declines in Reliance Industries, ICICI Bank, Infosys, Tata Consultancy Services and IndusInd Bank. The Sensex slumped as much as 576 points to fall below 36,000 and the NSE Nifty 50 ind...
NDTV
22secs
OECD cuts growth outlook to post-crisis low

OECD cuts growth outlook to post-crisis low

The trade war between the United States and China has plunged global growth to its lowest levels in a decade, the OECD said on Thursday as it slashed its forecasts.
Reuters
Britain: BOE, OECD warn on hard Brexit

Britain: BOE, OECD warn on hard Brexit

The OECD says Britain will suffer a two per cent hit to growth if leaves the EU without a deal. And the Bank of England - leaving rates on hold on Thursday - warned of "entrenched uncertainty".
Reuters
Huawei launches new flagship phone, but Google apps may be missing

Huawei launches new flagship phone, but Google apps may be missing

Huawei launched its latest flagship phone on Thursday, but there's still no word whether it will ship with Google apps.
Reuters
Elderly, sick, and struggling to prove her right to live in the UK

Elderly, sick, and struggling to prove her right to live in the UK

Sonja Brain, 84, is bed-bound in hospital - preventing her from proving her right to live in the UK as the country approaches its scheduled EU departure on October 31.
Reuters
Ryanair cuts jobs, offers O'Leary a $111mln bonus

Ryanair cuts jobs, offers O'Leary a $111mln bonus

Ryanair is cutting jobs amid a pilot surplus, but chief executive Michael O'Leary is in line for a $111mln bonus if he can hit his targets.
Reuters
Executives cleared over Japan nuclear disaster

Executives cleared over Japan nuclear disaster

A Japanese court has cleared three executives of negligence over the Fukushima nuclear disaster, ending the only criminal case brought as a result of the crisis.
Reuters
Central banks keep markets guessing

Central banks keep markets guessing

Markets were struggling to digest a raft of central bank policy decisions on Thursday, after the U.S. Fed cut rates, the BOJ and the BOE kept their powder dry - but Norway hiked.
Reuters
Facebook's Portal enters crowded streaming market

Facebook's Portal enters crowded streaming market

Facebook has launched a new version of its Portal video device, entering the crowded TV-streaming market. It hopes its social side, with users able to watch a show and chat online, will set it apart.
Reuters
Oil continues to slip after shortfall from Saudi attacks: Aus shares close 0.5% higher

Oil continues to slip after shortfall from Saudi attacks: Aus shares close 0.5% higher

19 Sep 2019 - It has been a positive day of trade for the ASX. After a rise at the open it manage to track sideways to close 0.5% higher. Shares in Speedcast International (ASX:SDA) and Bega Cheese (ASX:BGA) rose. Brickworks (ASX:BKW) today announ...
Finance News Network
4mins
Jobless rate rises on last month: ASX tracking 0.8% higher at noon

Jobless rate rises on last month: ASX tracking 0.8% higher at noon

19 Sep 2019 - The ASX rose at the open and managed to maintain momentum - it's now tracking 0.8% higher at noon. The Australian dollar dipped on the news the jobless rate has increased on last month. Shares in Brickworks (ASX:BKW) are on the rise ...
Finance News Network
3mins
Independence Group report fatality at its Nova Operation

Independence Group report fatality at its Nova Operation

19 Sep 2019 - Independence Group NL (ASX:IGO) suspended operations at its Nova Operation earlier this week after a fatality at the site.
Finance News Network
1min
AVITA Medical study shows RECELL helps acne scars

AVITA Medical study shows RECELL helps acne scars

19 Sep 2019 - Regenerative medicine company AVITA Medical (ASX:AVH) has had a study into treating acne scars published in Aesthetic Plastic Surgery by the Department of Plastic Surgery at Peking Union Medical College Hospital exploring the use of ...
Finance News Network
1min
Electro Optic Systems hit back at capital raise rumours

Electro Optic Systems hit back at capital raise rumours

19 Sep 2019 - Electro Optic Systems (ASX:EOS) reports that speculation in the Australian Financial Review regarding a capital raise in the near term is unfounded and incorrect.
Finance News Network
1min
Washington H. Soul Pattinson and Company report fall in NPAT

Washington H. Soul Pattinson and Company report fall in NPAT

19 Sep 2019 - Diversified investment house, Washington H. Soul Pattinson and Company (ASX:SOL) today announced the Group’s results for the full year ended 31 July 2019, reporting a net profit after tax (NPAT) of $247.9 million for the year, down 7...
Finance News Network
1min
Air New Zealand targeting earnings of $350m-$450m

Air New Zealand targeting earnings of $350m-$450m

19 Sep 2019 - Air New Zealand (ASX:AIZ) released their investor update for August saying that based upon current market conditions and assuming an average jet fuel price of US$75 per barrel, the airline is targeting earnings before taxation to be ...
Finance News Network
1min
Recce Pharmaceuticals (ASX:RCE) scales production

Recce Pharmaceuticals (ASX:RCE) scales production

19 Sep 2019 - Recce Pharmaceuticals Limited (ASX:RCE) Executive Director, James Graham provides an update on the company's lead product RECCE 327, including its progress with manufacturing, securing patents and presenting to a global audience.
Finance News Network
7mins
Trump on Fed: ‘No guts’ after small interest rate cut: ASX set to open slightly higher

Trump on Fed: ‘No guts’ after small interest rate cut: ASX set to open slightly higher

19 Sep 2019 - Following weak leads from US markets, the ASX looks set to open slightly higher this morning. The Federal Reserve cut interest rates by a quarter of a percentage point for the second time this year. Traders were left disappointed aft...
Finance News Network
3mins
Fed chief delivers rate cut and mixed signals

Fed chief delivers rate cut and mixed signals

Federal Reserve Chairman Jerome Powell announced a second rate cut in more than a decade but failed to provide a clear signal on how many more rate cuts are coming, if any. Conway G.
Reuters
S&P 500 ends flat after rate cut

S&P 500 ends flat after rate cut

The S&P 500 closed nearly flat Wednesday after the Federal Reserve cut interest rates and gave mixed signals about their next move.
Reuters
Less than 50% odds of another rate cut - Heal

Less than 50% odds of another rate cut - Heal

The Federal Reserve cut interest rates by a quarter percentage point for the second time this year. Argus Research senior analyst Kevin Heal tells Reuters' Fred Katayama investors might consider shifting back to growth stocks from value.
Reuters
You can cycle through water in Limburg, Belgium

You can cycle through water in Limburg, Belgium

Cycle through water in Limburg, Belgium, at the ponds region of Bokrijk in De Wijers. The experience was listed in Time Magazine's "World's 100 Greatest Places 2018."
Business Insider
1min
FedEx tumbles on weak outlook

FedEx tumbles on weak outlook

Shares of FedEx plummeted Wednesday after the package delivery company sharply slashed its profit outlook for next year.
Reuters
More hurdles for Facebook's Libra?

More hurdles for Facebook's Libra?

Germany has passed a comprehensive blockchain strategy in which it vows to fight any company efforts to establish a parallel currency, in the latest sign that Facebook's planned Libra e-coin faces tough regulatory hurdles in Europe.
Reuters
Nigeria's diesel-dependent economy braces for clean-fuel rules

Nigeria's diesel-dependent economy braces for clean-fuel rules

Diesel prices are expected to surge as United Nations rules aimed at cleaning up international shipping come into effect next year, and that has generator-dependant businesses in Nigeria worried.
Reuters
World airliner fleet to more than double - Airbus

World airliner fleet to more than double - Airbus

The number of airliners in the sky is set to more than double, according to Airbus’s latest forecast.
Reuters
Traditional retailers join growing rental market

Traditional retailers join growing rental market

Growing interest in renting even everyday clothing such as jeans and athletic wear is drawing mall retailers from Urban Outfitters, to NYC&Co, to Bloomingdale’s, to experiment with selling apparel rental subscriptions. Yahaira Jacquez has more.
Reuters
Preview: U.S. Fed confronts new complexities

Preview: U.S. Fed confronts new complexities

The Federal Reserve will conclude its latest policy meeting on Wednesday buffeted by conflicting economic data, under steady pressure from the White House for steep interest rate cuts.
Reuters
Why computer games mean lower inflation in the UK

Why computer games mean lower inflation in the UK

UK inflation slowed sharply in August, and officials say a drop in computer game prices was one big reason.
Reuters
OFX Group to partner with Link Market Services: Aus shares close 0.2% lower

OFX Group to partner with Link Market Services: Aus shares close 0.2% lower

18 Sep 2019 - OFX Group to partner with Link Market Services. Aus shares close 0.2% lower. Abacus Property Group (ASX:ABP) has appointed Trent Alston to the Abacus Board effective from today. He has over 30 years of experience in the real estate a...
Finance News Network
4mins
Leading Index growth rate deteriorates: ASX tracking 0.1% lower at noon

Leading Index growth rate deteriorates: ASX tracking 0.1% lower at noon

18 Sep 2019 - The ASX rose at the open only to drop in the last few hours of trade. It's now tracking 0.1% lower at noon. Tech stocks were higher at the open and are still leading the sectors. Charter Hall Group (ASX:CHC) today announced that it h...
Finance News Network
3mins
Centuria Metropolitan REIT buys A-grade offices in Sydney and Perth

Centuria Metropolitan REIT buys A-grade offices in Sydney and Perth

18 Sep 2019 - Centuria Property Funds, as Responsible Entity for the Centuria Metropolitan REIT (ASX:CMA), is pleased to announce the acquisition of interests in two A-grade office properties in fringe CBD locations across Sydney and Perth for a t...
Finance News Network
1min
NetLinkz to establish an IoT lab in Tokyo

NetLinkz to establish an IoT lab in Tokyo

18 Sep 2019 - NetLinkz (ASX:NET) will establish an Internet of Things Laboratory in Tokyo, Japan to develop its source code for the Japanese market.
Finance News Network
29secs
Link Market Services build partnership with OFX Group

Link Market Services build partnership with OFX Group

18 Sep 2019 - OFX Group (ASX:OFX) today announced an exclusive strategic partnership with Link Market Services (ASX:LNK), where OFX will become Link’s preferred partner in Australia for international payments such as dividends and corporate action...
Finance News Network
1min
ClearVue Technologies announces breakthrough in panel size

ClearVue Technologies announces breakthrough in panel size

18 Sep 2019 - Smart building materials company ClearVue Technologies (ASX:CPV) is pleased to announce that it is now able to almost double the size of the panels produced.
Finance News Network
1min
Salt Lake Potash completes pilot plant test works at Lake Way salts

Salt Lake Potash completes pilot plant test works at Lake Way salts

18 Sep 2019 - Salt Lake Potash (ASX:SO4) has completed the Pilot Plant test work of the Lake Way salts at the Saskatchewan Research Council.
Finance News Network
1min
Adriatic Metals appoints a new MD and CEO

Adriatic Metals appoints a new MD and CEO

18 Sep 2019 - Adriatic Metals (ASX:ADT) has appointed Paul Cronin as Managing Director and Chief Executive Officer of the Company.
Finance News Network
29secs
Oil sinks as Saudi Arabia pushes for recovery: ASX set to open higher

Oil sinks as Saudi Arabia pushes for recovery: ASX set to open higher

18 Sep 2019 - Following soft leads from US markets, the ASX looks set to open higher. Oil is the big story this week after a coordinated attack knocked out 5.7 million barrels of daily crude production, or more than half of Saudi Arabia oil output...
Finance News Network
3mins
Saudi oil production back on line -energy minister

Saudi oil production back on line -energy minister

Oil prices tumbled about 6% on Tuesday after Saudi Arabia’s energy minister said the country has managed to restore oil supplies to where they stood before weekend attacks on its facilities shut 5% of global oil output. Conway G. Gittens has the deta
Reuters
Wall Street rises as oil worries fade

Wall Street rises as oil worries fade

U.S. stocks rose Tuesday as the impact of weekend attacks on Saudi Arabia's biggest oil refinery faded and investors awaited a widely expected interest rate cut from the Federal Reserve on Wednesday.
Reuters