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Australian watchdog files charges against CBA for mis-selling insurance

September 16, 2021 by David Barret Leave a Comment

September 16, 2021 (Reuters) – Australia’s securities regulator on Thursday filed criminal charges in the federal court against top lender Commonwealth Bank of Australia for mis-selling consumer credit insurance to its customers. (Reporting by Shashwat Awasthi; Editing by Shounak Dasgupta) Source Link Australian watchdog files charges against CBA for mis-selling insurance David Barret

Filed Under: News

Explainer-How China Evergrande’s debt troubles pose a systemic risk

September 16, 2021 by David Barret Leave a Comment

September 16, 2021 By Clare Jim HONG KONG (Reuters) – China Evergrande Group has raised fresh warnings of default risks, as it scrambles to raise funds to pay lenders and suppliers with regulators and financial markets worried that any crisis could ripple through China’s banking system and trigger social unrest. WHAT IS EVERGRANDE? Founded in […]

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Australia COVID-19 cases rise but vaccination surge gives hope

September 16, 2021 by David Barret Leave a Comment

September 16, 2021 SYDNEY (Reuters) -Australia’s Victoria state reported its biggest one-day rise in COVID-19 cases of the year on Thursday as a surge in vaccinations nationwide raised hope for easing restrictions with almost 70% of the adult population having had a first dose. Victoria, home to the city of Melbourne, detected 514 new infections, […]

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UN refugee chief warns ‘greater suffering’ likely in Afghanistan

September 16, 2021 by David Barret Leave a Comment

September 16, 2021 (Reuters) – Afghanistan needs urgent and sustained support from the international community to prevent a larger humanitarian crisis, the head of the U.N. refugee agency said, warning of global implications if that were to happen. “The humanitarian situation in Afghanistan remains desperate,” U.N. High Commissioner for Refugees Filippo Grandi said in a […]

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Iran president selects hardline cabinet to drive hard bargain with U.S.

September 16, 2021 by David Barret Leave a Comment

September 16, 2021 By Michael Georgy DUBAI (Reuters) -Iran, emboldened by the messy U.S. withdrawal from Afghanistan, is betting that its new hardline cabinet — including Deputy Foreign Minister Ali Bagheri Kani — can force concessions in talks on Tehran’s 2015 nuclear deal with world powers. Bagheri, a hardline senior diplomat, was named on Tuesday […]

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Australia’s new US-UK security pact risks China trade

September 16, 2021 by David Barret Leave a Comment

September 16, 2021 By Wayne Cole SYDNEY (Reuters) – Australia’s new security pact with the United States and the UK, seen as a move to contain China, may worsen strained ties with its biggest export customer, but China’s insatiable appetite for resources may limit its punitive responses, say analysts. The security pact with the Western […]

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Argentina draft budget puts 2022 GDP growth at 4%, inflation at 33%

September 16, 2021 by David Barret Leave a Comment

September 16, 2021 BUENOS AIRES (Reuters) – Argentina’s economy is predicted to grow 4% in 2022, while inflation is expected to hit 33%, according to a draft budget released just before midnight on Wednesday. The draft, which must be approved by the country’s Congress, comes the same day as Argentina’s Peronist government was shaken by […]

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Australian watchdog says JBS’ deal for Rivalea raises competition concerns

September 16, 2021 by David Barret Leave a Comment

September 16, 2021 (Reuters) – Australia’s competition regulator on Thursday raised concerns over meatpacker JBS SA’s proposed A$175 million ($128.3 million) acquisition of pork processor Rivalea. Brazil’s JBS in June announced an agreement to buy Rivalea from Singapore-listed QAF Ltd in a deal that would make it Australia’s market leader in pork processing. If the […]

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Air New Zealand studying how to add low-emissions planes to fleet

September 16, 2021 by David Barret Leave a Comment

September 16, 2021 By Jamie Freed (Reuters) – Air New Zealand Ltd said on Thursday it was studying how it could use low-carbon technologies like electric, hybrid or hydrogen powered planes to dramatically reduce emissions from shorter and regional flights as soon as 2030. The airline signed a memorandum of understanding with Airbus SE to […]

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NZ says Australia’s new nuclear submarines must stay out of its waters

September 16, 2021 by David Barret Leave a Comment

September 16, 2021 WELLINGTON (Reuters) – New Zealand Prime Minister Jacinda Ardern said on Thursday that Australia’s new nuclear-powered submarines would not be allowed in its territorial waters under a long standing nuclear free policy. A new Indo-Pacific security partnership announced by U.S. President Joe Biden, British Prime Minister Boris Johnson and Australian Prime Minister […]

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Soccer-Pele ready for ‘extra time’ after leaving ICU

September 16, 2021 by David Barret Leave a Comment

September 16, 2021 (Reuters) – Pele said he is ready for “90 minutes, plus extra time” after leaving the intensive care unit (ICU) of a Sao Paulo hospital following surgery to remove a tumour from the Brazilian soccer great’s colon. The 80-year-old, three-times World Cup winner was admitted to Alberto Einstein hospital after the tumour […]

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Dollar sluggish as traders bide time before Fed meeting; kiwi jumps

September 16, 2021 by David Barret Leave a Comment

September 16, 2021 By Kevin Buckland TOKYO (Reuters) – The dollar drifted near the middle of its range of the past month versus major peers on Thursday, as traders looked to next week’s Federal Reserve policy meeting for indications on how soon the U.S central bank will start to taper stimulus. The New Zealand dollar […]

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Asian shares fall again, dollar drifts

September 16, 2021 by David Barret Leave a Comment

September 16, 2021 By Alun John HONG KONG (Reuters) – Asian shares gave up early gains to fall again on Thursday, weighed by declines in China and Hong Kong, even after a strong lead-in from Wall Street which had also pushed the dollar to the lower end of its recent range. MSCI’s broadest index of […]

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Exclusive-HRW: Eritrean and Tigrayan forces killed and raped refugees

September 16, 2021 by David Barret Leave a Comment

September 16, 2021 By Katharine Houreld NAIROBI (Reuters) – Eritrean soldiers and Tigrayan militias raped, detained and killed Eritrean refugees in Ethiopia’s northern region of Tigray, an international rights watchdog said on Thursday. Human Rights Watch’s report detailed attacks around two camps in Tigray, where local forces have battled the Ethiopian government and their Eritrean […]

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Gillmor Gang: Off the Wall

September 16, 2021 by David Barret Leave a Comment

Most of us count the golden age of Michael Jackson’s career with the Quincy Jones produced global smashes of Thriller and Bad. Fueled by the stream of videos and multi-single releases (5 on Bad), the records dominated the charts, radio, and MTV. But the real breakthrough came just before with Jackson’s first solo record Off […]

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AMC CEO says theaters will accept other cryptocurrencies along with Bitcoin- Tweet

September 16, 2021 by David Barret Leave a Comment

September 16, 2021 (Reuters) – AMC Entertainment CEO Adam Aron said on Wednesday AMC Theatres will accept Bitcoin for online ticket and concession payments, and similarly accept other cryptocurrencies like Ethereum, Litecoin and Bitcoin Cash. “Cryptocurrency enthusiasts: you likely know @AMCTheatres has announced we will accept Bitcoin for online ticket and concession payments by year-end […]

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Japan PM contender Kono wants renewable energy, 5G to be focus of stimulus package

September 16, 2021 by David Barret Leave a Comment

September 16, 2021 TOKYO (Reuters) – Japan’s vaccine minister Taro Kono, a contender to replace Prime Minister Yoshihide Suga, said on Thursday any new economic stimulus measures should prioritise spending on renewable energy and expansion of 5G networks nationwide. In a group interview, Kono also said it was hard to change monetary policy abruptly now […]

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In remote Indian village, teacher turns walls into blackboards to close school gap

September 16, 2021 by David Barret Leave a Comment

September 16, 2021 By Rupak De Chowdhuri PASCHIM BARDHAMAN, (INDIA), (Reuters) – In a small tribal village on the eastern tip of India, an enterprising teacher has turned walls into blackboards and roads into classrooms, trying to close the gap in learning brought on by prolonged school shutdowns in the country. Deep Narayan Nayak, 34, […]

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Soccer-Bullet point previews of Premier League matches

September 16, 2021 by David Barret Leave a Comment

September 16, 2021 (Reuters) – Match-by-match facts and statistics ahead of the fifth round of Premier League fixtures from Sept. 17-19 (times GMT): Friday, Sept. 17 Newcastle United v Leeds United (1900) * Newcastle lost both league meetings with Leeds last season, having lost just one of their previous 11 against the Yorkshire club (W7 […]

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China tells firms to boost cyber, data security oversight on connected vehicles

September 16, 2021 by David Barret Leave a Comment

September 16, 2021 SHANGHAI (Reuters) – China’s industry ministry published a notice on Thursday telling companies to step up cyber and data security oversight over connected vehicles, saying that security risks in the industry had become increasingly prominent. All relevant companies should establish data security management systems and regularly assess risks from network attacks, the […]

Filed Under: News

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