HERE are 10 things making news in business and finance around the world today.
1. SYDNEY — The Australian dollar is lower against a greenback that has rebounded amid a lack of major economic news. At 0630 AEST on Thursday, the local currency was trading at 73.76 US cents, down from 74.17 cents on Wednesday.
2. SYDNEY — And the local share market looks set to fall after a weak session on Wall Street due to disappointment with earnings reports from the likes of Apple and Microsoft. At 0700 AEST on Thursday, the September share price index futures contract was down two points at 5,550.
3. ATHENS — Thousands of anti-austerity protesters have gathered in Athens as politicians prepare to vote on a second batch of reforms to unlock a huge international bailout.
4. FRANKFURT — The European Central Bank has boosted its cash lifeline for Greece’s struggling banks by 900 million euros ($A1.33 billion), according to Bloomberg News.
5. WASHINGTON — Americans
bought homes in June at the fastest rate in over eight years, pushing
prices to record highs as buyer demand has eclipsed the availability of
houses on the market.
6. WELLINGTON — The Reserve Bank of New Zealand has cut the official cash rate by 25 basis points to 3 per cent.
7. ATLANTA — Coca-Cola has posted a second quarter profit of $US3.11 billion ($A4.19 billion), and says people are shelling out more money for its drinks thanks to a mix of reinvigorated marketing and mini-cans and glass bottles that tend to cost more.
8. CHICAGO — Aerospace giant Boeing saw its earnings plunge by a third in the second quarter because of repeated delays with a military fuel tanker.
9. SAN FRANCISCO — Apple shares may have taken a bruising following a disappointing quarterly report, but an analyst report shows its freshly launched smartwatch rules the growing market.
10. RABAT — Ride-booking app Uber, which has been at the centre of controversy in Europe and its US home base, has announced its launch in Morocco.
1. SYDNEY — The Australian dollar is lower against a greenback that has rebounded amid a lack of major economic news. At 0630 AEST on Thursday, the local currency was trading at 73.76 US cents, down from 74.17 cents on Wednesday.
2. SYDNEY — And the local share market looks set to fall after a weak session on Wall Street due to disappointment with earnings reports from the likes of Apple and Microsoft. At 0700 AEST on Thursday, the September share price index futures contract was down two points at 5,550.
3. ATHENS — Thousands of anti-austerity protesters have gathered in Athens as politicians prepare to vote on a second batch of reforms to unlock a huge international bailout.
4. FRANKFURT — The European Central Bank has boosted its cash lifeline for Greece’s struggling banks by 900 million euros ($A1.33 billion), according to Bloomberg News.
6. WELLINGTON — The Reserve Bank of New Zealand has cut the official cash rate by 25 basis points to 3 per cent.
7. ATLANTA — Coca-Cola has posted a second quarter profit of $US3.11 billion ($A4.19 billion), and says people are shelling out more money for its drinks thanks to a mix of reinvigorated marketing and mini-cans and glass bottles that tend to cost more.
8. CHICAGO — Aerospace giant Boeing saw its earnings plunge by a third in the second quarter because of repeated delays with a military fuel tanker.
9. SAN FRANCISCO — Apple shares may have taken a bruising following a disappointing quarterly report, but an analyst report shows its freshly launched smartwatch rules the growing market.
10. RABAT — Ride-booking app Uber, which has been at the centre of controversy in Europe and its US home base, has announced its launch in Morocco.
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