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Business Insider Australia
The Australian dollar weakened overnight but no one's really sure whyDaniel Berehulak / Getty Images The Australian dollar gave back much of Friday
Business Insider Australia / Posted a minute ago
Daniel Berehulak / Getty Images The Australian dollar gave back much of Friday’s gains over the course of Monday’s session, succumbing to profit-taking on the back of modest US dollar strength. Here’s the scoreboard as at 7.50am AEDT. AUD/USD... Read more
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Business Insider Australia
6 things Australian traders will be talking about this morningRobert Cianflone/Getty Images Good morning. To the scoreboard: Dow: 22,956.9
Business Insider Australia / Posted a minute ago
Robert Cianflone/Getty Images Good morning. To the scoreboard: Dow: 22,956.96 +85.24 (+0.37%) S&P 500: 2,557.64 +4.47 (+0.18%) AUD/USD: 0.7851 -0.0045 (-0.44%) ASX200 SPI futures (December contracts): 5,839 (+11) 1. Oil the main mover: In a... Read more
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WA Today
ANZ Bank offloads advice businesses to IOOF for $975mAustralia and New Zealand Banking Group is selling financial advice businesses
WA Today / Posted a minute ago
Australia and New Zealand Banking Group is selling financial advice businesses including OnePath Pensions and Investments to IOOF Holdings for $975 million. ANZ, which is still reviewing options for its life insurance business, will sell IOOF... Read more
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Sky News Australia
Weinstein Company thrown a financial lifelineOne of Donald Trump's closest confidantes has thrown a lifeline to the scandal-
Sky News Australia / Posted a minute ago
One of Donald Trump's closest confidantes has thrown a lifeline to the scandal-hit Weinstein entertainment empire, amid signs it could be up for sale. The Weinstein Company has confirmed it has entered an agreement with Colony Capital, a private... Read more
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WA Today
ASX set for firmer startWith the backdrop of improving economics and earnings, low volatility and subdu
WA Today / Posted a minute ago
With the backdrop of improving economics and earnings, low volatility and subdued inflation, can global equity markets go higher, especially with the ASX 200 breaking out of its 20-week range? This video was produced in commercial partnership between... Read more
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Business Insider Australia
10 things you need to know this morning in AustraliaThe Prince of Wakanda has arrived. Picture: Marvel Good morning. 1. The value
Business Insider Australia / Posted a minute ago
The Prince of Wakanda has arrived. Picture: Marvel Good morning. 1. The value of gold dropped to $0 overnight – theoretically. Scientists for the first time watched two neutron stars collide in space and somehow the measurements told them 100 Earth... Read more
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Business Insider Australia
This map shows the expected increase in global steel demand in 2018The World Steel Association (worldsteel) released its latest short range outloo
Business Insider Australia / Posted a minute ago
The World Steel Association (worldsteel) released its latest short range outlook on Monday, forecasting that global steel demand will reach 1.6481 billion tonnes next year, up from 1.6221 billion tonnes in the current calendar year. This map shows... Read more
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WWLP Springfield
VA of Central Western Massachusetts sends aid to victims in Puerto RicoNORTHAMPTON, Mass. (WWLP) – The VA of Central Western Massachusetts is helping
WWLP Springfield / Posted 4 minutes ago
NORTHAMPTON, Mass. (WWLP) – The VA of Central Western Massachusetts is helping hurricane victims in Puerto Rico. 22News was in Hampshire County to tell us who they’ve sent to the island. VA’s from across Massachusetts sent hundreds of people to... Read more
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Australian Broadcasting Corporation
ANZ sells wealth management business to IOOF for $1b Photo: ANZ has been looking to offload its wealth management arm for some tim
Australian Broadcasting Corporation / Posted 5 minutes ago
Photo: ANZ has been looking to offload its wealth management arm for some time. (Nic MacBean, file photo: ABC News) ANZ is selling its OnePath Pensions and Investments business to IOOF for just... Read more
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Connecticut Post
ConnectiCare, Harvard Pilgrim add Connecticut membersConnecticut’s private health insurers had 200,000 fewer members statewide in 20
Connecticut Post / Posted 5 minutes ago
Connecticut’s private health insurers had 200,000 fewer members statewide in 2016, according to a new report, though the percentage of people classified as “fully insured” increased 2 points to 34 percent. The Connecticut Insurance Department issues... Read more
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The Age
Turnbull government announces James Shipton as new ASIC chairmanThe Turnbull government has appointed former Goldman Sachs banker James Shipton
The Age / Posted 6 minutes ago
The Turnbull government has appointed former Goldman Sachs banker James Shipton as the new head of corporate regulator ASIC after their preferred candidate withdrew in the face of pressure from Labor. Mr Shipton was previously a regulator at Hong... Read more
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Sydney Morning Herald
Turnbull government announces James Shipton as new ASIC chairmanThe Turnbull government has appointed former Goldman Sachs banker James Shipton
Sydney Morning Herald / Posted 8 minutes ago
The Turnbull government has appointed former Goldman Sachs banker James Shipton as the new head of corporate regulator ASIC after their preferred candidate withdrew in the face of pressure from Labor. Mr Shipton was previously a regulator at Hong... Read more
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Crain's New York Business
Newark joins bid for Amazon HQ2 with a $7 billion bump from ChristieNew Jersey Governor Chris Christie is seeking to deploy $7 billion in potential
Crain's New York Business / Posted 8 minutes ago
New Jersey Governor Chris Christie is seeking to deploy $7 billion in potential tax credits to lure Amazon’s planned second headquarters to Newark, which has been struggling to stage a broad economic revival since it was devastated by riots in... Read more
8 related articles
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Peoria Journal Star
HOI 2-1 service reports record number of callsSteve Tarter Journal Star city of Peoria reporter @SteveTarter PEORIA — The He
Peoria Journal Star / Posted 8 minutes ago
Steve Tarter Journal Star city of Peoria reporter @SteveTarter PEORIA — The Heart of Illinois 2-1-1 help line reported a record quarter of inquiries this year. The information and referral service operated by the Heart of Illinois United Way and... Read more
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The Brantford Expositor
Loblaw laying off 500 workersVANCOUVER — Loblaw Companies Ltd. is laying off 500 of its office workers, but
The Brantford Expositor / Posted 9 minutes ago
VANCOUVER — Loblaw Companies Ltd. is laying off 500 of its office workers, but the company says it still expects to create more jobs than it eliminates this year. “Today is a very difficult day,” wrote president Sarah Davis in a memo to employees... Read more
54 related articles
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Channel NewsAsia
Dow, S&P 500, Nasdaq end at records as bank shares gainNEW YORK: Wall Street stocks jumped to fresh records Monday (Oct 16), boosted b
Channel NewsAsia / Posted 10 minutes ago
NEW YORK: Wall Street stocks jumped to fresh records Monday (Oct 16), boosted by bank shares that were lifted by expectations that the Federal Reserve will again increase interest rates this year. All three major indices ended at records, with the... Read more
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Zero Hedge
Morgan Stanley Sees "Greater Risk For A Correction Than We've Seen In A While"...But There's A CatchAs U.S. equity markets casually melt up to all new highs with each passing day,
Zero Hedge / Posted 10 minutes ago
As U.S. equity markets casually melt up to all new highs with each passing day, Morgan Stanley Equity Strategist Michael Wilson, whose 2,550 year-end price target from back in August was just breached in a matter of months, says he's getting somewhat... Read more
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Pembroke Daily Observer
Loblaw laying off 500 workersVANCOUVER — Loblaw Companies Ltd. is laying off 500 of its office workers, but
Pembroke Daily Observer / Posted 10 minutes ago
VANCOUVER — Loblaw Companies Ltd. is laying off 500 of its office workers, but the company says it still expects to create more jobs than it eliminates this year. “Today is a very difficult day,” wrote president Sarah Davis in a memo to employees... Read more
54 related articles
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Fortune
Netflix Stock Jumps as Revenue and Subscriber Growth Beat ExpectationsThe company’s stock was up roughly 1.5% in after-hours trading after it already
Fortune / Posted 12 minutes ago
The company’s stock was up roughly 1.5% in after-hours trading after it already closed Monday at an all-time high of $202.68. Netflix posted third-quarter results that included $2.99 billion in revenue, up more than 30% from the same period last... Read more
4 related articles
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Fortune
Elon Musk's Tesla Powerwalls Have Landed in Puerto RicoExactly one week after Tesla CEO Elon Musk suggested his company could help wit
Fortune / Posted 12 minutes ago
Exactly one week after Tesla CEO Elon Musk suggested his company could help with Puerto Rico’s electricity crisis in the aftermath of Hurricane Maria, more of the company’s Powerwall battery packs have arrived on the island, according to a photo... Read more
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NBC Bay Area
Netflix Sinking Deeper Into Debt to Fuel Subscriber GrowthNetflix is sinking deeper into debt in its relentless pursuit of more viewers,
NBC Bay Area / Posted 21 minutes ago
Netflix is sinking deeper into debt in its relentless pursuit of more viewers, leaving the company little margin for error as it tries to build the world's biggest video subscription service. The big burden that Netflix is shouldering hasn't been a... Read more
10 related articles
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Santa Maria Times
Schriever Wargame 2017 begins Oct. 13The objectives of the Wargame center on: 1) examining various combined command
Santa Maria Times / Posted 22 minutes ago
The objectives of the Wargame center on: 1) examining various combined command and control (C2) frameworks to employ and defend air, space and cyberspace capabilities in support of global and geographic / regional operations; 2) gaining insight into... Read more
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Business Standard India
Favourable trade windsA 26 per cent rise in exports in September – the highest in the last six months
Business Standard India / Posted 22 minutes ago
A 26 per cent rise in exports in September – the highest in the last six months – could not have come at a better time, either for Indian exporters or, indeed, the government. In that sense, the enthusiasm of Commerce Minister Suresh Prabhu is... Read more
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Business Standard India
RBI governor calls for better access to currency swap linesThe governor of the Reserve Bank of India on Sunday called on major central ban
Business Standard India / Posted 22 minutes ago
The governor of the Reserve Bank of India on Sunday called on major central banks to extend their network of currency swap lines deep into emerging markets, saying a type of “virtual apartheid” in the provision of foreign currencies hampers efforts... Read more
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Business Standard India
Centre contemplates cyber security cessEven as the discussions are at an early stage, the industry is already worked u
Business Standard India / Posted 22 minutes ago
Even as the discussions are at an early stage, the industry is already worked up about it. “I do not know if that is real or not. It would have to be a zero-fee tax for merchants and consumers. Else, we would not see the growth and numbers we all are... Read more
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Business Standard India
Wipro Q2 results expected to be in line with forecast: AnalystsWipro, the country’s third-largest IT services company, is likely to achieve mo
Business Standard India / Posted 22 minutes ago
Wipro, the country’s third-largest IT services company, is likely to achieve moderate growth for the July-September quarter (Q2) with revenue numbers remaining in line with its guidance. Wipro’s IT services revenue growth should largely remain... Read more
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Business Standard India
NIMs to stay robust in second half of FY18: Federal Bank's Shyam SrinivasanThere has been all-round growth. Consistency in credit growth, better credit-to
Business Standard India / Posted 22 minutes ago
There has been all-round growth. Consistency in credit growth, better credit-to-deposit ratio and lower interest rate reversal (for bad loans) contributed to better NII. NIMs in Q2 rose by 18 basis points to 3.31 per cent in Q2 from 3.13 per cent in... Read more
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Business Standard India
Indian IT's new hiring mantra: Trained freshersThe Indian information technology (IT) services sector is changing its hiring p
Business Standard India / Posted 22 minutes ago
The Indian information technology (IT) services sector is changing its hiring pattern to take trained graduates for entry jobs, as more companies see increasing demand for digital technology-enabled services. The $154 billion IT-BPM (business process... Read more
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Business Standard India
Five suitors put in bids for stake in JP PowerFive investors have put in their bids to buy at least a 30 per cent stake in de
Business Standard India / Posted 22 minutes ago
Five investors have put in their bids to buy at least a 30 per cent stake in debt-ridden Jaiprakash Power Ventures (JPVL), according to sources close to the development. While 11 players had initially evinced interest in picking up a stake in JPVL,... Read more
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Business Standard India
Wholesale inflation falls to 2.6% in SeptemberThe Wholesale Price Index (WPI)-based inflation data released on Monday provide
Business Standard India / Posted 22 minutes ago
The Wholesale Price Index (WPI)-based inflation data released on Monday provided yet another indicator of improving macroeconomic parameters. Wholesale inflation fell to 2.60 per cent in September from 3.24 per cent in August due to a subdued rate... Read more
3 related articles
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