Market updates

Binance staffer detained in Nigeria seeks bail on health grounds
September 03, 2024 12:53 AM AEST| By EODHDBinance executive Tigran Gambaryan, detained in Nigeria since February, made a fresh bail application on medical grounds on Monday but lawyers for the country's economic crimes agency opposed the requ...

Explainer: What is Russia's nuclear doctrine and how might it change?
September 03, 2024 12:49 AM AEST| By EODHDRussia says it will make changes to the doctrine that sets out the circumstances in which it might use nuclear weapons. What might that mean?

Putin arrives in Mongolia, key link in planned gas pipeline to China
September 03, 2024 12:47 AM AEST| By EODHDThe Kremlin said on Monday that Russian President Vladimir Putin had arrived for a state visit in Mongolia, which lies on the route of a planned new gas pipeline connecting Russia and China.

Cathay Pacific Airways inspects A350 fleet after identifying engine component failure
September 03, 2024 12:34 AM AEST| By EODHD(Reuters) - Hong Kong's Cathay Pacific Airways said on Monday it had started a fleet-wide inspection of its Airbus A350 aircraft as a precautionary measure after it identified an engine component fail...

Saudi tanker, another oil ship attacked in Red Sea, sources say
September 03, 2024 12:32 AM AEST| By EODHDA Saudi-owned crude tanker and a Panama-flagged oil ship were attacked on Monday in the Red Sea off Yemen, two sources familiar with the matter said, although it was unclear if the vessels were hit by...

Trump says he had 'every right' to interfere in 2020 election
September 03, 2024 12:32 AM AEST| By EODHDFormer U.S. President Donald Trump, who faces federal and state charges for allegedly trying to overturn his 2020 election loss to President Joe Biden, insists he had "every right" to interfere in the...

European semiconductor industry group ESIA calls for 'Chips Act 2.0'
September 03, 2024 12:19 AM AEST| By EODHDEurope's main computer chip industry group ESIA called on the European Union on Monday to roll out an "immediate Chips Act 2.0" to support the region's semiconductor industry.

Dutch seek long sentences over threats to anti-Islam politician Wilders
September 03, 2024 12:17 AM AEST| By EODHDDutch prosecutors said on Monday they want prison sentences of up to 14 years against two men from Pakistan over public calls for the murder of far-right anti-Muslim leader Geert Wilders.

Bets on Weaker Dollar Vs Sterling, Euro At Risk of Being Unwound
September 03, 2024 12:01 AM AEST| By EODHDShort dollar positions that bet on the currency falling against sterling and the euro look particularly vulnerable to being unwound, BNP Paribas said. Continue reading View comments

HP to continue $4 billion damages case against Mike Lynch
September 02, 2024 11:57 PM AEST| By EODHD(Reuters) - Hewlett Packard said on Monday it would continue legal proceedings to seek up to $4 billion in damages from British billionaire Mike Lynch's estate in the UK. The U.S. company had been see...

ASML supplier VDL denies reports it is cutting jobs
September 02, 2024 11:56 PM AEST| By EODHDAMSTERDAM (Reuters) - Industrial machinery maker VDL, a key supplier to top computer chip equipment maker ASML, on Monday denied a report that it is cutting jobs due to weak demand in semiconductor ma...

Boxing federation chief unveiled as owner of nationalised Russian car dealership
September 02, 2024 11:38 PM AEST| By EODHDA car dealership that was seized by the Russian state and subsequently nationalised said on Monday that Umar Kremlev, head of the International Boxing Association, had become its new owner.

Brazil's Petrobras cuts jet fuel prices by around 9%
September 02, 2024 11:28 PM AEST| By EODHDBrazilian state-run oil giant Petrobras lowered jet fuel prices for distributors by around 9% in some key marketing areas starting Sept. 1, data on the company's website showed on Monday.

Volkswagen warns of German plant closures, end to job security scheme
September 02, 2024 11:23 PM AEST| By EODHDVolkswagen said on Monday it can no longer rule out plant closures in Germany as it seeks ways to save several billion euros at its namesake brand in a cost-cutting drive.

Euro zone banks must consider geopolitics in capital plans - ECB
September 02, 2024 11:17 PM AEST| By EODHDEuro zone banks should factor in geopolitical risks when they decide how much capital to pay out and where to do business, the European Central Bank's top supervisor Claudia Buch said on Monday.

Comment: The world needs to collaborate to reach net zero. Here’s how the UK can lead the way
September 02, 2024 11:14 PM AEST| By EODHDThe new UK government is sending clear signals of its commitment to tackle the climate crisis, not least cancelling the ban on building onshore wind development. Sir Kier Starmer made clean energy a c...

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.