By Scott Murdoch and Lewis Jackson SYDNEY (Reuters) -Planning for Virgin Australia’s upcoming initial public offering (IPO) is “well advanced”, Chairman Ryan Cotton said on Wednesday[...]
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Australia
T-bills hit by US debt ceiling worries, stocks slip ahead of CPI
By Herbert Lash and Alun John NEW YORK/LONDON (Reuters) -A gauge of global equities fell on Tuesday as investors grew cautious ahead of key data on U.S. consumer prices, while the impasse over the U.S[...]
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Dollar edges up as markets await debt-ceiling talks, inflation data
By Laura Matthews NEW YORK (Reuters) – The dollar edged up against most major peers on Tuesday as traders, seeing no immediate breakthroughs on the U.S. debt-ceiling talks, look to new inflation[...]
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Macquarie expects $1 billion from sale of U.S. port terminal operator Ceres – WSJ
(Reuters) – Australia’s Macquarie Group Ltd is looking to sell its North American port facilities business, Ceres Terminals, for about $1 billion, the Wall Street Journal reported on Tuesd[...]
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Australia boasts rare budget surplus, before spending pressures intensify
By Wayne Cole SYDNEY (Reuters) -Australia’s Labor government boasted the first budget surplus in 15 years on Tuesday, as strong jobs growth and bumper mining profits swelled its coffers, but it[...]
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Shares rise, dollar flat ahead of key U.S. inflation data
By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -A gauge of global equity markets rose and the dollar was mostly flat on Monday as expected talks in Washington about the debt ceiling raise[...]
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U.S. dollar struggles, pound hits one-year high
By Laura Matthews and Alun John NEW YORK/LONDON (Reuters) – The dollar remained relatively weaker against most of its major peers on Monday, as traders wait for the Federal Reserve to acknowledg[...]
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Westpac ditches cost-cutting target, says profit margins to thin
By Byron Kaye and Roushni Nair (Reuters) -Australia’s Westpac Banking Corp on Monday threw out a cost-cutting target citing inflation and flagged thinner profit margins going ahead, but investor[...]
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Australia business activity robust in April, cost pressures still a challenge
SYDNEY (Reuters) – Australian business conditions remained sturdy in April, supported by robust sales and labour market strength despite high inflation and rising interest rates, while cost pres[...]
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