HERE are eight things making news in business and finance around the world today.
1. SYDNEY — The Australian dollar is lower after a weak session in overnight trade as the US dollar stabilised. At 0630 AEST on Friday, the local unit was trading at 80.80 US cents, down from 81.27 US cents on Thursday.
2. SYDNEY — And the Australian stock market looks set to open higher, following strong gains on Wall Street. At 0653 AEST on Friday, the June share price index futures contract was up 39 points at 5,726.
3. ATHENS — Greece wants the European Central Bank to agree for Athens to delay payment on some 27 billion euros ($A37.80 billion) in Greek bonds that it will otherwise be unable to repay, the finance minister says.
4. WASHINGTON — Start-ups in the “on-demand” sector — such as Uber and Instacart, which offer speedy services on a smartphone app — are seeing an unprecedented surge in venture capital, a new report shows.
5. TOKYO — Hitachi says its annual profit has fallen, owing to a one-off surge a year earlier, but it has forecast a rebound this year.
6. NEW DELHI — India’s defence ministry has agreed to buy 56 planes from Airbus for 119.30 billion rupees ($A2.31 billion), as Prime Minister Narendra Modi moves to modernise the country’s military, an official says.
7. MONTREAL — Canadian aircraft maker Bombardier has announced it is cutting 1750 jobs as it reduces its production rate of two types of business jet.
8. SINGAPORE — Singapore Airlines says its fourth quarter net profit has surged 47 per cent year-on-year as its fuel bill declined, but warned of a tough outlook due to stiff competition.
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| Greece wants the European Central Bank to agree for Athens to delay payment on $37.8 billion. |
1. SYDNEY — The Australian dollar is lower after a weak session in overnight trade as the US dollar stabilised. At 0630 AEST on Friday, the local unit was trading at 80.80 US cents, down from 81.27 US cents on Thursday.
2. SYDNEY — And the Australian stock market looks set to open higher, following strong gains on Wall Street. At 0653 AEST on Friday, the June share price index futures contract was up 39 points at 5,726.
3. ATHENS — Greece wants the European Central Bank to agree for Athens to delay payment on some 27 billion euros ($A37.80 billion) in Greek bonds that it will otherwise be unable to repay, the finance minister says.
4. WASHINGTON — Start-ups in the “on-demand” sector — such as Uber and Instacart, which offer speedy services on a smartphone app — are seeing an unprecedented surge in venture capital, a new report shows.
5. TOKYO — Hitachi says its annual profit has fallen, owing to a one-off surge a year earlier, but it has forecast a rebound this year.
6. NEW DELHI — India’s defence ministry has agreed to buy 56 planes from Airbus for 119.30 billion rupees ($A2.31 billion), as Prime Minister Narendra Modi moves to modernise the country’s military, an official says.
7. MONTREAL — Canadian aircraft maker Bombardier has announced it is cutting 1750 jobs as it reduces its production rate of two types of business jet.
8. SINGAPORE — Singapore Airlines says its fourth quarter net profit has surged 47 per cent year-on-year as its fuel bill declined, but warned of a tough outlook due to stiff competition.


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