SYDNEY (Reuters) – Asian shares made a sluggish start on Monday to a week packed with major U.S. and Chinese economic data and the launch of Apple’s latest iPhones, while the Nikkei was tantalisingly near heights last visited in 1990.FILE PHOTO: A man wearing a protective face mask, following an outbreak of the coronavirus, talks […]
OPINION: This lockdown is mentally very tough. I’m writing from the privileged position of a warm dry, relatively uncrowded home, with more than enough food and booze to hand. And it’s still tough. Something about the sense of purgatory, the uncertainty, the inability to project forward with regards to major life plans, or even medium-term […]
The Federal Aviation Administration announced more than $100 million in grants on Friday to help make flying more environmentally sustainable and less noisy, the first such awards since 2015 under a decade-old program. The grants, which are part of the Biden administration’s efforts to combat climate change, will go to some of the world’s largest […]
The sale of Auckland’s planned 727-home Ormiston Rise is due to settle today, as buyers who paid 10 per cent deposits express fears. On May 7, the development company behind the project at 125c Murphys Rd, Flat Bush went into receivership. That was Ormiston Rise. Today, the project is due to be sold to a […]
Ford Motor will stop making cars at two plants in India, ending a long and costly effort to build a presence in one of the world’s largest emerging auto markets. The company said on Thursday that it will stop production at a plant in Sanand, in western India, this month, and will stop making vehicles […]
(Reuters) -Euro zone stocks bounced off session lows and banking shares climbed on Thursday after the European Central Bank signalled it will only slightly reduce its emergency bond purchases over the coming quarter, in line with expectations.FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September […]
FILE PHOTO: Raphael Bostic, president of the Federal Reserve Bank of Atlanta, poses for a photo in Knoxville, Tennessee, U.S., March 23, 2018. REUTERS/Ann Saphir/File Photo(Corrects to say Bostic is currently a voting member on the FOMC in last paragraph) (Reuters) – Federal Reserve Bank of Atlanta President Raphael Bostic believes the Fed will pull […]
Struggling Auckland tourism businesses face being hit again when the city comes out of lockdown and Government subsidies end. The double blow comes for businesses in a city left a sitting duck by the yet to be satisfactorily explained delay to mass vaccination, glacial rollout of saliva testing and what’s been labelled a “stupid” decision […]
(Reuters) -Lululemon Athletica Inc raised its full-year forecast on Wednesday, after beating revenue and profit estimates on strong demand for its comfortable leggings and sports bras, sending the apparel maker’s shares up nearly 12%.People walk past a store by yogawear retailer Lululemon Athletica in New York City, U.S., March 30, 2017. REUTERS/Brendan McDermidSportswear makers saw […]
Slideshow ( 2 images )WASHINGTON (Reuters) – Democrats will not include a provision to raise the federal government’s borrowing limit in a $3.5 trillion “reconciliation” spending measure they hope to pass this autumn, U.S. House Speaker Nancy Pelosi said Wednesday. Pelosi said the $28.5 trillion debt limit must be raised, but told a news conference […]