Market updates

Australia threatens fines for social media giants enabling misinformation
September 12, 2024 01:06 PM AEST| By EODHDBy Byron Kaye SYDNEY (Reuters) - Australia said it will fine internet platforms up to 5% of their global revenue for failing to prevent the spread of misinformation online, joining a worldwide push to...

Kyle McCann delivers clutch homer as Athletics top Astros
September 12, 2024 01:05 PM AEST| By EODHDKyle McCann slugged a go-ahead two-run home run in the top of the sixth inning to support Joey Estes, who pitched effectively into the seventh inning as the visiting Oakland Athletics claimed a 5-4 wi...

Australia to strip medals from veterans after alleged war crimes
September 12, 2024 12:50 PM AEST| By EODHDAustralia will strip military awards from a group of war veterans over allegations those under their command committed war crimes in Afghanistan, Defence Minister Richard Marles said on Thursday.

Hawkish BOJ policymaker calls for rates to rise to at least 1%
September 12, 2024 12:32 PM AEST| By EODHDThe Bank of Japan must raise interest rates to at least 1% by late next year, hawkish policymaker Naoki Tamura said on Thursday, reinforcing the bank's resolve to persist with steady monetary tighteni...

Tyler O’Neill's 3-run HR in 10th powers Red Sox past Orioles
September 12, 2024 12:22 PM AEST| By EODHDTyler O'Neill hit a three-run home run in the bottom of the 10th inning to give the Boston Red Sox a 5-3 victory over the visiting Baltimore Orioles on Wednesday night.

Japan's ispace aims for December launch of second moon landing mission
September 12, 2024 12:02 PM AEST| By EODHDJapanese space exploration company ispace will launch its second moon landing mission as early as in December, chief executive Takeshi Hakamada said on Thursday.

Jury rules in favor of Bayer's Monsanto in Philadelphia trial over Roundup
September 12, 2024 11:58 AM AEST| By EODHD(Reuters) - Bayer's Monsanto unit said on Wednesday that a Philadelphia Court jury reached a verdict in the Young Roundup product liability trial in their favor. Bayer bought Monsanto for $63 billion...

South Korea market watchdog highlights pension fund's role in market reforms
September 12, 2024 11:14 AM AEST| By EODHDThe head of South Korea's market watchdog stressed on Thursday the importance of the public pension fund's role in the success of ongoing capital market reforms, nudging the fund to invest more in the...

Australia's Nine Entertainment CEO Mike Sneesby to step down
September 12, 2024 11:07 AM AEST| By EODHDBy Adwitiya Srivastava (Reuters) - Australian broadcaster Nine Entertainment said on Thursday Chief Executive Officer Mike Sneesby would step down with effect from Sept. 30 and that chief finance and...

Wall Street Curbs Young Bankers’ Hours After Overwork Outcry
September 12, 2024 11:00 AM AEST| By EODHDJPMorgan adds 80-hour weekly cap and Bank of America revamps timekeeping after a Wall Street Journal investigation highlighted investment banking’s work-obsessed culture. Continue reading View comment...

Norfolk Southern Ousts CEO Alan Shaw, Citing Relationship With Chief Legal Officer
September 12, 2024 10:25 AM AEST| By EODHDA three-decade veteran of the company, Alan Shaw will be succeeded by Mark George, who since 2019 has served as the company’s financial chief. Continue reading View comments

US election certification to take place with tighter security after 2021 attack
September 12, 2024 10:22 AM AEST| By EODHDThe U.S. government will increase security for Congress' certification of the Nov. 5 election result, which is due on Jan. 6, to avoid a repeat of the 2021 attack on the Capitol by supporters of Repub...

Boeing faces possible strike on Friday over labor contract
September 12, 2024 09:25 AM AEST| By EODHDBoeing faces a possible strike as early as Friday if most of the U.S. planemaker's factory workers in the Pacific Northwest vote on Thursday to back a work stoppage and reject a tentative deal that ha...

StanChart to offer first commercial debt to carbon credit firm after BA commitment
September 12, 2024 09:17 AM AEST| By EODHDStandard Chartered will offer the first commercial debt to a technological carbon removal firm after British Airways agreed to an advance purchase of more than 4,000 tonnes of credits from project dev...

UK housing market recovered further in August, RICS survey shows
September 12, 2024 09:15 AM AEST| By EODHDBritish property surveyors expect sales to continue to grow in the coming months after a gauge of house prices turned positive for the first time in nearly two years, though concerns remained about af...

UK pay settlements lowest in nearly two years, IDR survey shows
September 12, 2024 09:12 AM AEST| By EODHDPay awards granted by British employers fell during the three months to July, according to a survey that chimed with an official gauge of cooling wage growth that should keep the Bank of England on tr...

Ex-defence minister Ishiba tops corporate Japan's premier wish list, Reuters poll shows
September 12, 2024 09:05 AM AEST| By EODHDFormer defence minister Shigeru Ishiba is corporate Japan's top choice to replace Prime Minister Fumio Kishida, edging out Sanae Takaichi, who strives to become the nation's first female premier, a Re...

Mets spoil Bowden Francis's no-hit bid, rally past Blue Jays
September 12, 2024 08:59 AM AEST| By EODHDFrancisco Lindor ended Bowden Francis's no-hitter with a leadoff homer to ignite a six-run ninth inning as the visiting New York Mets defeated the Toronto Blue Jays 6-2 on Wednesday afternoon.

Diamondbacks hit five homers to rout Rangers
September 12, 2024 08:53 AM AEST| By EODHDEugenio Suarez hit two home runs and Randal Grichuk, Ketel Marte and Adrian Del Castillo also went deep as the Arizona Diamondbacks completed a two-game sweep against the Texas Rangers with a 14-4 vic...

US Labor Department can base OT pay eligibility on salaries, appeals court rules
September 12, 2024 08:29 AM AEST| By EODHDA U.S. appeals court on Wednesday upheld the U.S. Department of Labor's decades-old practice of using workers' salaries to determine whether they are eligible for overtime pay, rejecting a challenge b...