Market updates

Exclusive: U.S. researchers find probable launch site of Russia's new nuclear-powered missile
September 02, 2024 11:08 PM AEST| By EODHDTwo U.S. researchers say they have identified the probable deployment site in Russia of the 9M370 Burevestnik, a new nuclear-powered, nuclear-armed cruise missile touted by President Vladimir Putin as...

Maybe You’re Expecting Too Much From Your Airbnb
September 02, 2024 11:00 PM AEST| By EODHDWhat do travelers want from an Airbnb right now? The number of short-term rentals on sites such as Airbnb and Vrbo hit a record high in July, according to AirDNA, a market-research firm. Hosts now hav...

New Zealand working on small margins to beat the Springboks
September 02, 2024 10:57 PM AEST| By EODHDMore clinical work at the breakdown and greater discipline are two of the keys to success for New Zealand flanker Ethan Blackadder as his side prepare to take on South Africa in a second Rugby Champio...

Vattenfall halts Swedish offshore wind project over grid concerns
September 02, 2024 10:56 PM AEST| By EODHDVattenfall said on Monday it had paused construction of Sweden's Kriegers Flak offshore wind project as a lack of clarity on how it will connect to the national grid made it unprofitable.

Ethnic Greek local politician released from Albanian jail
September 02, 2024 10:53 PM AEST| By EODHDAn ethnic Greek politician in Albania who also has Greek citizenship was released from jail on Monday in a case that has sparked tensions between Albania and neighbouring Greece.

Tesla's China-made EV sales in August up 3% yr/yr
September 02, 2024 10:45 PM AEST| By EODHDSales of U.S. automaker Tesla's China-made electric vehicles grew 3% in August from a year earlier, data from the China Passenger Car Association (CPCA) showed on Monday.

'Truman Show' director Peter Weir wins Venice award, tells film-makers to unplug
September 02, 2024 10:32 PM AEST| By EODHDPeter Weir, the Australian director of "The Truman Show", "Gallipoli" and "Dead Poets Society", was handed a Lifetime Achievement Award at the Venice Film Festival on Monday, and advised young film-ma...

China solar group, regulator propose tendering reforms to boost prices
September 02, 2024 10:21 PM AEST| By EODHDA Chinese solar sector association and the country's industry ministry are proposing reforms to power plant tendering to address plunging equipment prices that have led manufacturers to make losses.

Tunisia electoral body rejects reinstatement of candidates in presidential race
September 02, 2024 10:20 PM AEST| By EODHDTunisia's electoral commission rejected on Monday an administrative court ruling reinstating three presidential election candidates, reinforcing opposition fears that the commission sought to favour i...

Tech market values fall on AI costs and recession fears; Eli Lilly, Berkshire gain
September 02, 2024 10:09 PM AEST| By EODHD(Reuters) - Market values of major tech firms declined in August amid concerns over escalating artificial intelligence infrastructure costs and rising recession risks that would make the stocks partic...

HSBC new CEO Elhedery 'committed' to build on current strategy
September 02, 2024 10:06 PM AEST| By EODHDHSBC's new chief executive Georges Elhedery, who took the helm at the Europe's largest lender on Monday, said he was committed to build on the bank's current strategy, according to an internal staff m...

Fact Check: Guardian essay on ‘male bonding’ not written by Tim Walz
September 02, 2024 10:06 PM AEST| By EODHDA screenshot of an opinion piece in The Guardian by a Swedish writer has been altered to show Minnesota Governor and U.S. Democratic vice-presidential candidate Tim Walz as the author.

Solbakken set to step down as Norway boss after 2026 World Cup campaign
September 02, 2024 10:02 PM AEST| By EODHDNorway coach Stale Solbakken has said he will likely step down when his contract expires after the 2026 World Cup campaign.

Zara founder Ortega triples investment in energy assets
September 02, 2024 09:58 PM AEST| By EODHDZara founder Amancio Ortega's investment firm Pontegadea almost tripled its investments in renewable energy projects last year, building on its push to diversify the Spanish billionaire's fortune beyo...

Bangladesh sense series sweep as Pakistan crumble in second innings
September 02, 2024 09:48 PM AEST| By EODHDBangladesh remained on course for a 2-0 series whitewash over Pakistan after pace duo Hasan Mahmud and Nahid Rana bowled out the hosts for 172 in the second innings of the second test on Monday.

Lloyds Bank customers report online banking glitches and delays
September 02, 2024 09:40 PM AEST| By EODHDLloyds Bank has apologised to customers after online banking issues have left some unable to view their recent transactions. According to the website DownDetector, more than 650 Lloyds outages were re...

S.Africa's RCL Foods targets affordability amid weak consumer demand
September 02, 2024 09:38 PM AEST| By EODHDSouth African food producer RCL Foods said it will focus on providing affordable food to its consumers after reporting a 31% jump in full-year profit on Monday, as higher pricing offset the impact of...

Pakistan annual inflation slows to 9.6%, first single-digit stat in nearly 3 years
September 02, 2024 09:13 PM AEST| By EODHDPakistan's annual consumer price inflation rate slowed to 9.6% in August, the first single-digit reading in almost three years, the statistics agency said on Monday.

Ghana set to raise cocoa farmgate price by nearly 45%, sources say
September 02, 2024 09:09 PM AEST| By EODHDGhana will increase the state-guaranteed price paid to its cocoa farmers by nearly 45% for the 2024/25 crop season, two sources with knowledge of the price review told Reuters, to help boost their inc...

Horner says Red Bull are caught in a vicious circle
September 02, 2024 09:08 PM AEST| By EODHDRed Bull's loss of form after dominating last season stems from car balance issues creating a vicious circle for the Formula One champions, according to team boss Christian Horner.