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Market updates
Dow Jones Futures Fall With With S&P 500 Near Key Level; Trump-Harris Debate Due
September 11, 2024 10:38 AM AEST| By EODHDJPMorgan led banks lower while Tesla jumped in mixed market action. The Trump-Harris debate and CPI inflation loom. Continue reading View comments
Sony announces pricier, upgraded PlayStation 5 Pro
September 11, 2024 10:00 AM AEST| By EODHDSony announced the PlayStation 5 Pro, an upgraded version of its flagship console offering better graphics, will go on sale on Nov. 7 priced at $699.99.
Freight train derails in southwest Russia due to 'interference', officials say
September 11, 2024 09:58 AM AEST| By EODHDA freight train derailed in the Russian region of Belgorod, which borders Ukraine, due to outside interference with the operation of railway transport, but there were no casualties, a local branch of...
Anti-war protesters, police clash outside Melbourne defence expo
September 11, 2024 09:47 AM AEST| By EODHDAnti-war protesters and police clashed outside a defence exhibition in Melbourne on Wednesday, forcing police to close roads and urge motorists to avoid certain parts of the city, Australia media repo...
US Treasury says Yellen tests positive for COVID, working from home
September 11, 2024 09:44 AM AEST| By EODHDU.S. Treasury Secretary Janet Yellen tested positive for COVID-19 on Tuesday after experiencing symptoms, but is engaged in her duties while working from home, Treasury spokesperson Lily Adams said.
Tech firm executives to testify before US Senate about election threats
September 11, 2024 09:31 AM AEST| By EODHDExecutives from major tech firms like Google , Adobe , Microsoft and Meta Platforms will testify next week at a U.S. Senate Intelligence Committee hearing on election threats.
Japan's business sentiment in Sept hits 7-month low on soft Chinese demand
September 11, 2024 09:12 AM AEST| By EODHDBusiness confidence at big Japanese manufacturers sank to a seven-month low in September, with managers across a wide range of sectors citing soft Chinese demand as a concern, a Reuters monthly poll s...
China's banks have a nasty case of indigestion
September 11, 2024 09:11 AM AEST| By EODHDChina's financial sector has serious heartburn. For decades, Beijing has leaned on its state-controlled banks to turbo-charge growth by extending credit. But lenders are now clogged with risky assets....
South Korea jobless rate falls in August to record low
September 11, 2024 09:11 AM AEST| By EODHDSouth Korea's unemployment rate fell in August to a record low of 2.4% on a seasonally adjusted basis, from 2.5% in July, official data showed on Wednesday.
Amazon to invest $10 billion in UK data centres
September 11, 2024 09:04 AM AEST| By EODHDInternet giant Amazon's cloud computing arm, Amazon Web Services, said on Wednesday that it plans to spend 8 billion pounds ($10.45 billion) in the United Kingdom over the next five years to build, op...
Lyft CEO keeps it real on his stock price compared to Uber
September 11, 2024 09:01 AM AEST| By EODHDLyft (LYFT) CEO David Risher says his ride-hailing company is beyond the initial turnaround phase — now investors need to take notice. The company is in a "different stage" from when he took over as C...
Foreign carmakers also have a China overcapacity problem
September 11, 2024 09:01 AM AEST| By EODHDOvercapacity in China’s auto manufacturing has become an acute point of tension between the country and other big economies. The complaint
In battle over proxy rules, appeals court rules in US SEC's favor
September 11, 2024 08:53 AM AEST| By EODHDIn a split decision, a federal appeals court on Tuesday ruled in favor of Wall Street's top regulator, finding the agency was within its rights to rescind parts of Trump-era regulations on proxy advis...
FedEx warns of delays in some Louisiana markets due to Storm Francine
September 11, 2024 08:53 AM AEST| By EODHD(Reuters) - FedEx said on Tuesday pickup and delivery services in some markets of Louisiana could be disrupted by the expected upheaval from Storm Francine, which is set to become the fourth hurricane...
Exxon Louisiana refinery cuts production ahead of storm, sources say
September 11, 2024 08:44 AM AEST| By EODHDOne of the United States' largest refineries was cutting back production on Tuesday as Tropical Storm Francine was forecast to past just east of its location, said people familiar with operations at E...
Deere Fined for Providing Thai Officials With ‘Extravagant’ Trips, Massage Parlor Visits
September 11, 2024 08:36 AM AEST| By EODHDThe tractor company agreed to pay nearly $10 million to settle foreign bribery claims by the U.S. Securities and Exchange Commission. Continue reading View comments
Citi's chief accounting officer Johnbull Okpara departs
September 11, 2024 08:25 AM AEST| By EODHDCitigroup's chief accounting officer and controller Johnbull Okpara resigned to pursue another opportunity, effective Tuesday, the bank said in a filing.
Convicted Nikola founder Milton owes electric truck maker $168 million, judge rules
September 11, 2024 08:17 AM AEST| By EODHDA U.S. judge said Trevor Milton, the Nikola founder who was sentenced to four years in prison after being convicted of fraud, must pay the electric truck maker $167.7 million for making false and misl...
Canadian National lowers 2024 profit forecast due to labor stoppages, wildfires
September 11, 2024 08:14 AM AEST| By EODHD(Reuters) - Canadian National Railway said on Tuesday that its operations have fully recovered following several months of labor uncertainty, as well as a complete shutdown of its Canadian network. Th...
Tech firms halve business travel in 2023 but Alphabet, Apple lag, study shows
September 11, 2024 08:08 AM AEST| By EODHDGlobal tech giants halved their business flight emissions in 2023 compared to 2019, but companies like Apple and Google's parent Alphabet are falling behind, risking a return to pre-pandemic levels, a...
