HERE are 12 things making news in business and finance around the world today.
1. SYDNEY — The Australian dollar is lower after the greenback gained ground on the back of strong manufacturing figures. At 0630 AEST on Tuesday, the local unit was trading at 76.09 US cents, down from 76.65 cents on Monday.
2. SYDNEY — And the Australian share market looks set to open higher following gains on Wall Street overnight. At 0642 AEST on Tuesday, the June share price index futures contract was up 15 points at 5,745.
3. WASHINGTON — US manufacturing growth accelerated in May for the first time in six months, propelled by more new orders and an increase in hiring.
4. WASHINGTON — US incomes surged in April but consumers still cut back on spending, the Commerce Department has reported.
5. RIGA — The European Union’s top trade official says member states need to show more leadership in persuading citizens about the benefits of a massive and controversial free trade agreement with the United States.
6. SANTA CLARA, California — Microchip maker Intel is buying chip designer Altera for about $US16.7 billion ($A21.86 billion) in cash.
7. MOSCOW — The World Bank says it has seen some improvement in Russia’s battered economy, predicting it will shrink by 2.7 per cent this year and return to growth of 0.7 per cent in 2016.
8. LONDON — Scandal-hit global bank HSBC plans to cut thousands of jobs across its global operations, broadcaster Sky News has reported.
9. SAN FRANCISCO — Google has made it simpler for people using its popular online services to manage privacy, in a move aimed at bolstering trust.
10. VIENNA — OPEC’s strategy of not cutting production in order to maintain market share is working, Saudi Arabia’s oil minister has said as he arrived for a meeting of the cartel to decide on output levels.
11. ZAGREB — British American Tobacco has signed a deal to buy Croatia’s sole cigarette producer TDR for 550 million euros ($A791.03 million), to expand its business in the Balkans and central Europe, the companies say.
12. NEW YORK — Microsoft has announced that the latest version of its Windows operating system will be available July 29 for computer and tablet users.
1. SYDNEY — The Australian dollar is lower after the greenback gained ground on the back of strong manufacturing figures. At 0630 AEST on Tuesday, the local unit was trading at 76.09 US cents, down from 76.65 cents on Monday.
2. SYDNEY — And the Australian share market looks set to open higher following gains on Wall Street overnight. At 0642 AEST on Tuesday, the June share price index futures contract was up 15 points at 5,745.
3. WASHINGTON — US manufacturing growth accelerated in May for the first time in six months, propelled by more new orders and an increase in hiring.
4. WASHINGTON — US incomes surged in April but consumers still cut back on spending, the Commerce Department has reported.
5. RIGA — The European Union’s top trade official says member states need to show more leadership in persuading citizens about the benefits of a massive and controversial free trade agreement with the United States.
6. SANTA CLARA, California — Microchip maker Intel is buying chip designer Altera for about $US16.7 billion ($A21.86 billion) in cash.
7. MOSCOW — The World Bank says it has seen some improvement in Russia’s battered economy, predicting it will shrink by 2.7 per cent this year and return to growth of 0.7 per cent in 2016.
8. LONDON — Scandal-hit global bank HSBC plans to cut thousands of jobs across its global operations, broadcaster Sky News has reported.
9. SAN FRANCISCO — Google has made it simpler for people using its popular online services to manage privacy, in a move aimed at bolstering trust.
10. VIENNA — OPEC’s strategy of not cutting production in order to maintain market share is working, Saudi Arabia’s oil minister has said as he arrived for a meeting of the cartel to decide on output levels.
11. ZAGREB — British American Tobacco has signed a deal to buy Croatia’s sole cigarette producer TDR for 550 million euros ($A791.03 million), to expand its business in the Balkans and central Europe, the companies say.
12. NEW YORK — Microsoft has announced that the latest version of its Windows operating system will be available July 29 for computer and tablet users.
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