Market updates


 Fed's Daly says rate cuts needed to keep labor market healthy

Fed's Daly says rate cuts needed to keep labor market healthy

September 05, 2024 11:05 AM AEST| By EODHD

The Federal Reserve needs to cut interest rates to keep the labor market healthy, but it is now down to incoming economic data to determine by how much, San Francisco Fed President Mary Daly said on W...

 Stellantis to resume production at certain U.S. plants after production adjustments

Stellantis to resume production at certain U.S. plants after production adjustments

September 05, 2024 10:36 AM AEST| By EODHD

(Reuters) -Jeep's parent company Stellantis said on Wednesday that it will resume production at certain U.S. assembly plants after making "production adjustments" and will assess if further action is...

 IAEA head says tower at Ukraine's Zaporizhzhia station requires demolition after fire

IAEA head says tower at Ukraine's Zaporizhzhia station requires demolition after fire

September 05, 2024 10:19 AM AEST| By EODHD

The head of the U.N.'s nuclear watchdog said a cooling tower at Ukraine's Russian-occupied Zaporizhzhia nuclear power plant had been badly damaged in a fire last month and would probably have to be de...

 Australia's competition regulator gives nod for TPG Telecom-Optus deal

Australia's competition regulator gives nod for TPG Telecom-Optus deal

September 05, 2024 10:15 AM AEST| By EODHD

Australia's competition watchdog will not oppose the network sharing deal between TPG Telecom and Singapore Telecommunications' Optus, the regulator said on Thursday.

 Challenger Selects State Street as Custodian and Back-, Middle- and Front Office Investment Administrator Through State Street Alpha®

Challenger Selects State Street as Custodian and Back-, Middle- and Front Office Investment Administrator Through State Street Alpha®

September 05, 2024 10:00 AM AEST| By EODHD

SYDNEY, September 05, 2024--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced that it has been selected by Challenger Limited, a publicly listed Australian investment management fi...

 CU INC. ANNOUNCES DEBENTURE ISSUE

CU INC. ANNOUNCES DEBENTURE ISSUE

September 05, 2024 09:54 AM AEST| By EODHD

CALGARY, AB, Sept. 4, 2024 /CNW/ - (TSX: CIU.PR.A) (TSX: CIU.PR.C) CU INC. ANNOUNCES DEBENTURE ISSUE (CNW Group/CU Inc.) CU Inc. announced today that it will issue $410,000,000 of 4.664% Debentures ma...

 Japan inflation-adjusted wages rise for two straight months in July

Japan inflation-adjusted wages rise for two straight months in July

September 05, 2024 09:47 AM AEST| By EODHD

Japan's inflation-adjusted wages rose for two consecutive months in July thanks to a bump in summertime bonuses, government data showed on Thursday.

 Britain's Draper says US Open run a reward for years of hard work

Britain's Draper says US Open run a reward for years of hard work

September 05, 2024 09:40 AM AEST| By EODHD

The remarkable rise of Jack Draper continued at the U.S. Open on Wednesday as he sealed his first-ever spot in the semi-finals of a Grand Slam, but the British 25th seed insisted success had not come...

 Hamas sees no need for new Gaza ceasefire proposals, urges pressure on Israel

Hamas sees no need for new Gaza ceasefire proposals, urges pressure on Israel

September 05, 2024 09:31 AM AEST| By EODHD

Hamas said on Thursday there was no need for new ceasefire proposals for Gaza and pressure should be put on Israel to agree to a U.S. plan that the Islamist group had already accepted.

 Robinhood in $3.9 mln settlement with California over crypto withdrawals

Robinhood in $3.9 mln settlement with California over crypto withdrawals

September 05, 2024 09:29 AM AEST| By EODHD

A cryptocurrency platform run by Robinhood Markets will pay $3.9 million to settle claims it failed to let customers withdraw cryptocurrency from their accounts from 2018 to 2022, California Attorney...

 US negotiators racing to present new Gaza ceasefire proposal, sources say

US negotiators racing to present new Gaza ceasefire proposal, sources say

September 05, 2024 09:23 AM AEST| By EODHD

The White House is scrambling to put forward a new proposal for a Gaza ceasefire and the release of hostages by Hamas in the coming days, two U.S. officials, two Egyptian security sources and an offic...

 Briton Draper making progress in 'surreal' US Open run, says coach

Briton Draper making progress in 'surreal' US Open run, says coach

September 05, 2024 09:22 AM AEST| By EODHD

Jack Draper's coach James Trotman was savouring the young Briton's "surreal" run to the U.S. Open semi-finals on Wednesday, as the 22-year-old offered further hope to British tennis fans that he could...

 World Bank's IFC signs green financing deal with Indonesian steel mill

World Bank's IFC signs green financing deal with Indonesian steel mill

September 05, 2024 09:16 AM AEST| By EODHD

The International Finance Corporation (IFC) has signed an agreement with Indonesian steelmaker PT Gunung Raja Paksi Tbk (GRP) to support its shift to lower-carbon production and help it access green s...

 Grupo Aeroportuario del Pacifico Reports in August 2024 a Passenger Traffic Decrease of 7.2% Compared to 2023

Grupo Aeroportuario del Pacifico Reports in August 2024 a Passenger Traffic Decrease of 7.2% Compared to 2023

September 05, 2024 09:14 AM AEST| By EODHD

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. GUADALAJARA, Mexico, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”...

 Republican Liz Cheney says she will vote for Democrat Harris for US president

Republican Liz Cheney says she will vote for Democrat Harris for US president

September 05, 2024 09:07 AM AEST| By EODHD

Republican former congresswoman Liz Cheney said on Wednesday she will vote for Democratic presidential nominee Kamala Harris, calling Donald Trump a "danger."

 M&S targets further growth amid strong momentum in clothing and home

M&S targets further growth amid strong momentum in clothing and home

September 05, 2024 09:01 AM AEST| By EODHD

Marks & Spencer has said it can grow its fashion and homeware business further on the back of strong online momentum, as bosses hailed “the beginnings of a new M&S”. The high street stalwart has seen...

 A Greenwich Home Set on 66 Acres Hits the Market for $35 Million

A Greenwich Home Set on 66 Acres Hits the Market for $35 Million

September 05, 2024 09:00 AM AEST| By EODHD

The Connecticut estate, which has been in the same family since 1940, has an apple orchard, vegetable gardens and four chicken coops. Continue reading View comments

 Elvis Andrus set to retire after 15 seasons

Elvis Andrus set to retire after 15 seasons

September 05, 2024 08:44 AM AEST| By EODHD

Elvis Andrus will announce his retirement from baseball on Friday and do so as a Texas Ranger, the club with which he spent 12 of his 15 seasons in the major leagues.

 Amazon faces second NLRB complaint over 'joint employment' of drivers

Amazon faces second NLRB complaint over 'joint employment' of drivers

September 05, 2024 08:17 AM AEST| By EODHD

A National Labor Relations Board prosecutor has concluded that Amazon should be held jointly liable with a contractor for allegedly using unlawful tactics to discourage delivery drivers in Atlanta fro...

 GM to launch its first ethanol-capable hybrid-flex vehicles in Brazil

GM to launch its first ethanol-capable hybrid-flex vehicles in Brazil

September 05, 2024 08:09 AM AEST| By EODHD

General Motors said on Wednesday that it would begin producing its first-ever hybrid-flex vehicles that can run on 100% ethanol or gasoline alongside their batteries in Brazil.

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