Monday, 25 Nov 2024

Business

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Australia home price boom piles on pressure for RBA pullback

SYDNEY (Reuters) – Australian home prices raced to fresh heights in October, piling pressure on the country’s central bank to open the door to an interest rates rise well before the current projection of 2024.FILE PHOTO: Properties can be seen in the Sydney suburb of Clovelly, Australia, July 19, 2015. REUTERS/David GrayThe Reserve Bank of […]

Election surprise lifts Nikkei, Fed keeps dollar bid

SINGAPORE (Reuters) – Stocks edged higher on Monday, led by a post-election jump in Japan’s Nikkei, though bonds wobbled and the dollar firmed as traders braced for central bank meetings in Britain, Australia and the United States to define the rates policy outlook.FILE PHOTO: People wearing protective masks, amid the coronavirus disease (COVID-19) outbreak, are […]

Wall Street shakes off Amazon, Apple weakness to end modestly higher

NEW YORK (Reuters) – U.S. stocks shook off early declines and closed out the last trading day of the month with modest gains on Friday as a rise in Microsoft helped offset declines in Amazon and Apple after disappointing quarterly earnings from the online retailer and iPhone maker.FILE PHOTO: People are seen on Wall Street […]

Passenger sexually assaulted on flight to DIA, affidavit says

A man allegedly sexually assaulted a passenger on a flight from Sacramento to Denver International Airport on Oct. 25, according to an affidavit filed in federal court this week. Robert Glasper III is charged with three federal offenses: sexual contact without permission within special aircraft jurisdiction; lewd, indecent, obscene acts within special aircraft jurisdiction; and […]

Alibaba-backed Best to sell China express delivery business in $1.1 billion deal

FILE PHOTO: A BEST Inc logo is seen at one of the company’s Shanghai warehouses in Shanghai, China November 8, 2017. Picture taken November 8, 2017. REUTERS/Brenda Goh(Reuters) -Alibaba-backed Best Inc said on Friday it would sell its express delivery business in China to J&T Express Co. Ltd in a deal valued at about 6.8 […]

Evergrande pays overdue interest and again dodges default

NEW YORK (BLOOMBERG) – Some China Evergrande Group bondholders received an overdue interest payment shortly before the expiry of a grace period, buying more time for the debt-stricken property developer as it tries to raise cash through asset sales. Certain holders of the 9.5 per cent dollar note maturing in 2024 received a notification that […]

Plane diverted to DIA after passenger assaults American Airlines flight attendant

NEW YORK — An American Airlines flight from New York to California was diverted to Denver after a passenger assaulted a flight attendant, authorities said. Flight 976 was heading Wednesday from John F. Kennedy International Airport to John Wayne Airport in Santa Ana when it landed at Denver International Airport and taxied safely to the […]

Sabadell says no plans to sell TSB for now, as Q3 beats forecast

MADRID (Reuters) -Spain’s Banco Sabadell has no plans to sell TSB for now after recently rejecting an unsolicited offer from Co-op Bank, it said on Thursday, as the British unit helped the group beat third-quarter net profit forecasts.FILE PHOTO: Sabadell bank’s logo is seen at an ATM machine outside an office in Barcelona, Spain, September […]