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Market updates
France's Atos cuts financial targets but says restructuring still on track
September 02, 2024 04:05 PM AEST| By EODHDFrench IT firm Atos on Monday said it would have less cash at hand over the next few years as sales are being dragged down by a weaker business environment, but added this would not impact the key ter...
UK's Grenfell Tower fire victims say final report may still not bring justice
September 02, 2024 04:03 PM AEST| By EODHDSeven years on, Shah Aghlani still remembers clearly the call in the middle of the night from his distressed aunt who was trapped with his disabled mother in a 23-storey social housing block in west L...
Australian ex-childcare worker pleads guilty to sexual abuse of some 60 girls
September 02, 2024 04:01 PM AEST| By EODHDFormer childcare worker Ashley Paul Griffith on Monday pleaded guilty to raping, sexually abusing and exploiting dozens of girls under his care in Australia and Italy.
Blackstone nears A$20 bln deal to acquire AirTrunk, Bloomberg News reports
September 02, 2024 03:59 PM AEST| By EODHDBlackstone is nearing a deal to acquire Australian data centre group AirTrunk for A$20 billion ($13.53 billion) including debt, Bloomberg News reported on Monday, citing people familiar with the matte...
Asian factories show tentative recovery as China improves
September 02, 2024 03:45 PM AEST| By EODHDAsian factories, including China's manufacturing sector, showed signs of a tentative recovery in August and chip makers benefitted from firm demand, private surveys showed on Monday, but economic head...
Freddy Peralta, Brewers aim to start new streak vs. Cards
September 02, 2024 03:40 PM AEST| By EODHDComing off his best month of the season, Milwaukee Brewers right-hander Freddy Peralta will try to continue his success into September when he takes the mound against the visiting St. Louis Cardinals...
The climate threats on Pope Francis' Asia-Pacific itinerary
September 02, 2024 03:37 PM AEST| By EODHDClimate change will be high on the agenda as Pope Francis embarks on his longest ever foreign trip on Monday, visiting Indonesia, Papua New Guinea, East Timor and Singapore over 12 days.
Australian retailer Woolworths exits Endeavour Group three years after spin-off
September 02, 2024 03:29 PM AEST| By EODHDAustralian retailer Woolworths has decided to exit the owner of liquor store chain Dan Murphy's and BWS bottle shops, ending its long-standing relationship with Endeavour Group , about three years aft...
Raw economics will trump migration’s sour politics
September 02, 2024 03:27 PM AEST| By EODHDLike most would-be migrants, the debate over international mobility is going nowhere. Economists extol the financial and societal benefits of foreign workers but developed world voters – and thus oppo...
Rupee, forward premiums dip; cues on pace of Fed rate cuts awaited
September 02, 2024 03:23 PM AEST| By EODHDThe Indian rupee weakened marginally on Monday and forward premiums declined, while market participants looked for cues on the pace of the Federal Reserve's rate cuts in a data-packed week.
Sanofi MS drug tolebrutinib misses goal in relapsing disease trials
September 02, 2024 03:12 PM AEST| By EODHDSanofi's most advanced multiple sclerosis (MS) drug candidate has missed the main goal of two late-stage trials to treat relapsing forms of the disease, dimming the prospects for a widely-pursued clas...
India's factory activity growth hits three-month low, PMI shows
September 02, 2024 03:08 PM AEST| By EODHDIndia's manufacturing activity growth eased to a three-month low in August as demand softened significantly, a private-sector survey showed on Monday, casting another shadow over the otherwise robust...
Turkey economy grew 3.2% in Q2; seen cooling to 3.35% in 2024, Reuters poll finds
September 02, 2024 02:50 PM AEST| By EODHDTurkey's economic growth is expected to have fallen to 3.2% in the second quarter of this year as tighter economic policies weighed, a Reuters poll showed on Thursday, with the rate seen cooling to 3....
Morning Bid: Plotting for payrolls
September 02, 2024 02:38 PM AEST| By EODHDA look at the day ahead in European and global markets from Wayne Cole.
Key events during China's regulatory scrutiny of Alibaba
September 02, 2024 02:25 PM AEST| By EODHDChina's State Administration of Market Regulation (SAMR) said on Friday that Alibaba Group had completed three years "rectification" following a record $2.75 billion fine levied in 2021 for monopolist...
Insight: Before Kolkata doctor rape, an unmet promise to keep physicians safe
September 02, 2024 02:13 PM AEST| By EODHDFive years ago, the government of West Bengal state in India pledged to clamp down on violence against doctors. It promised public hospitals better security equipment, female guards to support female...
Malaysia, New Zealand PMs call for immediate ceasefire in Gaza
September 02, 2024 02:12 PM AEST| By EODHDMalaysia Prime Minister Anwar Ibrahim and his New Zealand counterpart Chris Luxon on Monday said they were united in calling for an immediate ceasefire in the conflict in Gaza and finding a two-state...
Asian benchmarks are mixed in cautious trading ahead of US holiday, jobs report
September 02, 2024 01:39 PM AEST| By EODHDTOKYO (AP) — Asian shares were mixed in cautious trading Monday ahead of the Labor Day holiday in the U.S., when stock exchanges will be closed. Investors were also looking ahead to the U.S. employmen...
Woman dead, 120,000 without power as damaging storms hit Australia
September 02, 2024 01:37 PM AEST| By EODHDA woman has died and more than 120,000 were left without power after high winds and heavy rain hit southern Australia, authorities said on Monday.
Russian 'spy whale' Hvaldimir found dead near Norway
September 02, 2024 01:33 PM AEST| By EODHDA beluga whale that was suspected of spying for Russia after being discovered in Norwegian waters five years ago has been found dead, according to the non-profit organisation that had been monitoring...
