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Norway wealth fund to vote for shareholder climate initiative at Delta Air AGM
  + stars: | 2021-06-14 | by ( ) www.reuters.com sentiment -0.96   time to read: 1 min
A Delta Air Lines Airbus A350-900 plane takes off from Sydney Airport in Sydney, Australia, October 28, 2020. REUTERS/Loren Elliott/File PhotoNorway's $1.4 trillion sovereign wealth fund, the world's largest, said on Monday it would support a shareholder initiative to make Delta Air (DAL.N) report on its climate lobbying efforts. The fund will support the motion at the airline's June 17 annual general meeting, despite the management's recommendation to reject it. "The board should account for material sustainability risks facing the company, and the broader environmental and social consequences of its operations and products," the fund said on its website. The Norwegian sovereign wealth fund had a 0.3% stake in Delta Air worth $77.9 million at the end of 2020, according to fund data.
Persons: Loren Elliott Organizations: Delta Air Lines Airbus, Sydney Airport, REUTERS, Delta Air, Thomson Locations: Sydney, Australia, Norwegian
True Colors Festival/The Nippon Foundation/Handout via REUTERSArtists from around the world who have overcome adversity have joined forces in a new recording of 1990s song "You Gotta Be". The music video was recorded as part of the True Colors Festival, which celebrates diversity and inclusion through performing arts events. Filming the music video online proved a logistical challenge given the artists recorded their parts from different countries. The video shows the artists performing the song, originally released by British singer Des'ree, as well as going about their daily lives. "We can't look just to the problems of our lives," Bastos, who plays guitar with his feet, said.
Persons: Alvin Law, Kyle Kihira, Mandy Harvey, Raul Midon, Chris Fonseca, Johnatha Bastos, Fonseca, Sydney Tan, We're, Kenta Kambara, Des'ree, " Bastos Organizations: Reuters, The Nippon Foundation, Handout, REUTERS Artists, Thomson Locations: British
Australia's Victoria state expects further easing of COVID-19 curbs
  + stars: | 2021-06-13 | by ( Swati Pandey | ) www.reuters.com sentiment -0.84   time to read: +2 min
Pedestrians cross the road at Flinders Street Station on the first day of eased coronavirus disease (COVID-19) restrictions for the state of Victoria following an extended lockdown in Melbourne, Australia, June 11, 2021. REUTERS/Sandra SandersAustralia's Victoria state expects to announce further easing of COVID-19 restrictions this week, acting Premier James Merlino said on Sunday, as the state reported one new locally acquired infection for a second straight day. Australia's second-most-populous state has recorded 92 cases in its latest wave of COVID-19 infections, which triggered a two-week snap lockdown late last month. Victoria emerged from the lockdown on Friday as new cases declined, but some physical distancing rules remain. Australia has fared much better than many other developed countries during the pandemic, with more than 22,300 local COVID-19 cases and 910 deaths since March 2020, mostly in Victorian aged-care homes.
Persons: Sandra Sanders, James Merlino, Australia's, Merlino Organizations: Station, REUTERS, Thomson Locations: Flinders, Victoria, Melbourne, Australia, New South Wales, Australia's, Queensland, , New South Wales, Sydney
An office building with the Aon logo is seen amid the easing of the coronavirus disease (COVID-19) restrictions in the Central Business District of Sydney, Australia, June 3, 2020. REUTERS/Loren ElliottEU antitrust regulators are expected to approve insurance broker Aon's (AON.N) $30 billion bid for Willis Towers Watson (WLTW.O) later this month or in early July, people familiar with the matter said. London-headquartered Aon clinched the deal a year ago to create the world's largest insurance broker ahead of Marsh & McLennan Companies Inc (MMC.N) in the sector's biggest-ever deal. Reuters exclusively reported on April 28 that the European Commission would clear the mega deal after Aon offered to sell substantial assets to address competition concerns. Our Standards: The Thomson Reuters Trust Principles.
Persons: Loren Elliott, Willis Towers Watson, Aon Organizations: Central Business District of, REUTERS, Willis, Marsh & McLennan Companies Inc, Reuters, European, Thomson Locations: Central Business District of Sydney, Australia, London, Marsh
Aon's $30 bln Willis bid set for EU okay in late June, early July - sources
  + stars: | 2021-06-11 | by ( Foo Yun Chee | ) www.reuters.com sentiment -0.99   time to read: +1 min
REUTERS/Loren ElliottInsurance broker Aon's (AON.N) $30 billion bid for Willis Towers Watson (WLTW.O), the biggest ever in the sector, is expected to get the EU antitrust green light later this month or in early July, people familiar with the matter said. Reuters reported on April 28 that the European Commission would clear the mega deal after Aon offered to sell substantial assets to address competition concerns. The EU competition watchdog, which is scheduled to decide on the deal by Aug. 3, and Aon declined to comment. read moreEarlier this month, it announced the sale of some assets to private equity firm Aquiline Capital Partners and tech firm Alight for $1.4 billion in a bid to get U.S. approval for the Willis deal. read moreAon and Willis put together insurance contracts for clients that involve a number of insurance providers, for anything from airlines to large sporting events.
Persons: Loren Elliott, Willis Towers Watson, Aon, Willis, Arthur J Organizations: Central Business District of, REUTERS, Loren Elliott Insurance, Aon's, Willis, Marsh & McLennan Companies Inc, Reuters, European, EU, Gallagher, Aquiline Capital Partners, Thomson Locations: Central Business District of Sydney, Australia, London, Marsh
Of this year’s 28 known transgender victims, 20 were trans women of color (16 of them Black trans women), and 14 were killed in the South. The disproportionate violence trans Americans face in the South, and more specifically the Southeast, is due to a combination of issues, according to advocates. Hill said trans people's inability to safely access public spaces without fear of discrimination — and the issues being debated in state legislatures aimed at rolling back the rights of trans people — have created a climate that has “dehumanized” the trans community. That combined with a lack of legal protections such as nondiscrimination ordinances leaves trans people vulnerable and easy targets of violence. Trans United Leading Intersectional Progress, or TULIP, is a nonprofit collective creating housing solutions for trans and gender-nonconforming people in Louisiana.
Persons: Hill, Austin Johnson, ” Johnson, Eric A, Stanley, ” Stanley, , Bostock, , ” Hill, Alphonso David, ” David, Biden, , Jaida Peterson, Remy Fennell, Ash Williams, Williams, ” Williams, Barry Chin, Kayla Gore, Tulip, Tulip Johnson, they've Organizations: Southern Equality, Campaign, NBC News, Human Rights, Ohio’s Kenyon College, University of California, Movement Advancement, HRC, of Housing, Urban Development, Education Department, Charlotte Uprising, Boston Globe, Getty, NBC, Trans, Twitter, Facebook Locations: Berkeley, Alabama , Louisiana, Mississippi, Clayton County , Georgia, , South Carolina, Alabama, Florida , Mississippi, Tennessee, Atlanta, Charlotte , North Carolina, Boston, Memphis , Tennessee, Memphis, New Orleans, Louisiana
Australia, NZ dlrs broadly steady as action shifts to bonds
  + stars: | 2021-06-11 | by ( Swati Pandey | ) www.reuters.com + 0.00   time to read: +3 min
The Aussie was dozing at $0.7747, having spent the entire week in a tight range of $0.7719/$0.7765. “On a 100-day basis, all major drivers of the cross have failed to spark a move,” ANZ analysts wrote in a note. Investor activity has shifted to bonds instead, with yields on Australian 10-year government papers down 22 basis points this week, the biggest fall since March 2020. New Zealand government bonds rose, sending yields about 5 basis points lower at the long-end of the curve while yields on 10-year government paper were at their lowest since end-April. Short positions in Treasuries were the highest since 2018, according to JP Morgan positioning data last week.
Persons: , , Rodrigo Catril, Philip Lowe, Swati Pandey, Wayne Cole, Ana Nicolaci da Organizations: SYDNEY, New, New Zealand, ” ANZ, Morgan, Reserve Bank of Australia Locations: New Zealand, Treasuries, Ana Nicolaci da Costa
We Know Nothing About Harry Kane
  + stars: | 2021-06-11 | by ( Rory Smith | ) www.nytimes.com sentiment -0.82   time to read: +1 min
For Harry Kane, it is neither. But he is not a “Harry,” either: Somehow that would be too intimate, too familiar. Instead, he will lead England into this summer’s European Championship — hoping to win an international tournament in a final on home soil — as Harry Kane, forename and surname, like a reverse Pelé. There are a lot of things everyone knows about Harry Kane. BalanceAt the end of his first campaign with Tottenham, Kane and his teammates traveled to Australia for a brief tour.
Persons: Harry Kane, “ Kane ”, Harry, , Kane, , it’s Organizations: Tottenham, Premier League Locations: England, Australia, Sydney
NEW YORK (Reuters) - When Brian Moynihan took the reins at Bank of America Corp in 2010, the U.S. bank was reeling. Since then, Moynihan, 61, has not just righted the ship, but transformed Bank of America, leaving analysts, industry people and some investors wondering what - and who - comes next. That leaves Moynihan with a new challenge over the next few years: determining who would best replace him, and marketing that person to the world without alienating other senior executives. Yet it leaves Moynihan as the longest-tenured CEO on Wall Street who has not offered a crisp idea of who is next, analysts said. “Now that he has four or five years of runway left, investors should be rightfully saying, ‘Hmmm,’” said one former bank employee.
Persons: Brian Moynihan, Shannon Stapleton, Moynihan, , , Sydney Finkelstein, Ken Lewis, Finkelstein, “ You’re, ” Moynihan, Piper Sandler, Jeffery Harte, , ’ ”, Raul Anaya, Dean Athanasia, Cathy Bessant, Steve Boland, Alastair Borthwick, Jim DeMare, Andy Seig, PNC’s Mike Lyons, Mark Chancy, Moynihan’s, Tom Montag, Montag, Warren Buffett, ” Buffett Organizations: YORK, Bank of America Corp, Bloomberg Global Business, REUTERS, of America, Bank of America’s, Dartmouth’s Tuck School of Business, Bank of America, Wall, Bank of, Justice Department Locations: U.S, New York City , New York, Bank
Australia, NZ dlrs play defence as bond yields fall further
  + stars: | 2021-06-10 | by ( Wayne Cole | ) www.reuters.com + 0.00   time to read: +2 min
A break of support at $0.7724 would risk a return to last week’s lows around $0.7650. The kiwi dollar eased to $0.7178, and further away from a $0.7242 top early in the week. The risk is all the greater as investors seemed to be wagering on a benign outcome with 10-year Treasury yields dropping to a one-month low overnight. Local bonds performed even better as Australian 10-year yields fell to their lowest in four months at 1.458%, a drop of 18 basis points for the week. That was the sharpest weekly fall since June last year and took yields 2 basis points below their U.S. counterpart, the first negative spread since March.
Persons: David Plank, , Plank, Bonds, Ana Nicolaci da Organizations: SYDNEY, New, Federal Reserve, U.S ., ., Reserve Bank of Australia, ANZ Locations: New Zealand, Ana Nicolaci da Costa
Asian shares hold range as investors eye U.S. CPI
  + stars: | 2021-06-10 | by ( Swati Pandey | ) www.reuters.com + 0.00   time to read: +3 min
SYDNEY (Reuters) - Asian shares edged higher but held their recent trading range on Thursday as investors focussed on U.S. inflation data and the risk of an upside surprise that could prompt the Federal Reserve to start tapering its massive stimulus. REUTERS/Kim Kyung-Hoon/File PhotoMSCI’s broadest index of Asia-Pacific shares outside Japan were marginally higher at 700.6 points, but stayed in the 698-712 points range it has traded in since late May. [.N]Markets are looking to the European Central Bank (ECB)policy meeting later in the day where it will likely keep its policy guidance unchanged and publish updated euro area macroeconomic projections. Brent crude futures fell 22 cents to 72 a barrel, while U.S. crude futures were 27 cents lower at $69.69 a barrel. The euro was a tad weaker at $1.2169 ahead of the ECB meeting while the British pound eased to $1.4100.
Persons: Kim Kyung, Dow, , coronavirus lockdowns Organizations: SYDNEY, Federal Reserve, REUTERS, Japan’s Nikkei, Morgan, Treasury, Nasdaq, European Central Bank, U.S, CPI, Reuters, ANZ, Brent, ECB, New Zealand Locations: Tokyo, Japan, Asia, Pacific, Treasuries, coronavirus
Asian shares in tight range ahead of U.S. CPI, ECB meeting
  + stars: | 2021-06-10 | by ( Swati Pandey | ) www.reuters.com + 0.00   time to read: +3 min
REUTERS/Kim Kyung-Hoon/File PhotoIn early European trades, the pan-region Euro Stoxx 50 futures added 0.52% and German DAX futures rose 0.1%, as did London’s FTSE futures. MSCI’s broadest index of Asia-Pacific shares outside Japan gained to 703.7 points, but stayed in the 698-712 points range it has traded in since late May. [.N]Markets are looking to the European Central Bank (ECB) policy meeting later in the day where it will likely keep its policy guidance unchanged and publish updated euro area macroeconomic projections. Brent crude futures fell 51 cents to 71.71 a barrel, while U.S. crude futures were 46 cents lower at $69.50 a barrel. The euro was a tad weaker at $1.2162 ahead of the ECB meeting while the British pound eased to $1.4105.
Persons: Kim Kyung, DAX, Dow, Organizations: SYDNEY, Federal Reserve, REUTERS, Japan, Japan’s Nikkei, Morgan, Treasury, Nasdaq, European Central Bank, U.S, CPI, Reuters, ANZ, Brent, ECB, New Zealand Locations: Tokyo, Japan, Asia, Pacific, U.S, Treasuries, United States
LONDON/SYDNEY (Reuters) - Global shares hovered near a record high and the dollar also held steady on Thursday, eyeing U.S. inflation data for any sign the Federal Reserve could start tapering its massive stimulus. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, June 9, 2021. Yet April’s surprisingly strong U.S. inflation print spooked some, leading to a cautious run in to the May numbers later on Thursday in case of another upside surprise. Ahead of the U.S. CPI data, analysts polled by Reuters said they expected a rise of 0.4% in May, taking the annual pace to 3.4%. Activity was muted in the currency market with the dollar flat against a basket of major currencies.
Persons: April’s, , That’s, , Jim Reid Organizations: Global, eyeing, Federal Reserve, REUTERS, Staff, Deutsche Bank, Morgan, Treasury, U.S, CPI, Reuters, ANZ, Brent Locations: SYDNEY, eyeing U.S, Frankfurt, Germany, COVID, Europe, Asia, Pacific, Japan, U.S, Treasuries, United States
Australia, NZ dollars becalmed, bond yields hit 4-month lows
  + stars: | 2021-06-09 | by ( Wayne Cole | ) www.reuters.com sentiment -0.99   time to read: +2 min
The Aussie was parked at $0.7742, having spent the past two sessions locked in a range of $0.7727 to $0.7765. Resistance is layered at $0.7774, $0.7796 and $0.7813, while support comes in around $0.7715/26. Westpac analysts were surprised the Aussie had been so becalmed even as global commodity prices kept climbing. It remains well within the $0.7116 to $0.7316 band that has lasted for the past two months. There was more movement in bonds as a rally in Treasuries and the dovish comments from the Reserve Bank of Australia (RBA) helped nudge 10-year yields to their lowest since February at 1.525%.
Persons: , Chris Kent, Kent, Sherry Jacob, Phillips Organizations: SYDNEY, New, Westpac, Reserve Bank of Australia, Reserve Locations: New Zealand, Australian, Treasuries, Victoria
Australia consumer sentiment slugged by Victoria coronavirus shutdown
  + stars: | 2021-06-09 | by ( Reuters Staff | ) www.reuters.com sentiment -1.00   time to read: +2 min
SYDNEY (Reuters) - A measure of Australian consumer sentiment fell for a second month in June as a coronavirus lockdown in Victoria state darkened the mood despite signs of strength across the economy. REUTERS/Sandra SandersThe Westpac-Melbourne Institute index of consumer sentiment released on Wednesday fell 5.2% in June, on top of a 4.8% drop the month before. “The latest fall in June is almost certainly due to concerns around the two-week lockdown in Melbourne,” said Westpac chief economist Bill Evans. While sentiment fell a sharp 7.5% in Victoria, New South Wales fared better with a drop of only 1.1%. The outlook for the economy over the next 12 months dropped 10.3%, while that for the next five years fell 1.4%.
Persons: Sandra Sanders, optimists, pessimists, , Bill Evans, , Evans Organizations: SYDNEY, REUTERS, Westpac, Melbourne Institute Locations: Victoria, Melbourne, Australia, Victoria , New South Wales
On Medicare and Need Dental Work? Beware a Big Bill.
  + stars: | 2021-06-09 | by ( Mark Miller | ) www.nytimes.com sentiment -1.00   time to read: +2 min
She retired nine years ago as the executive director of a nonprofit community health and home care agency. Coverage for dental, visual and hearing care has moved to the front burner this year as part of a broader discussion about Medicare expansion in Washington. Vision loss and hearing loss are associated with a higher risk of falls, depression and cognitive impairment, and hearing loss with higher rates of hospitalization. Federal data shows that 19 percent of older adults have untreated tooth decay and another 19 percent have complete tooth loss. Two-thirds of Americans 70 and older have hearing loss.
Persons: “ I’m, , Biden, Amber Willink Organizations: Health Affairs, University of Sydney Locations: Washington, Australia
Pentagon issues directive on countering China, but offers few details
  + stars: | 2021-06-09 | by ( ) www.reuters.com sentiment -1.00   time to read: +2 min
U.S. Defense Secretary Lloyd Austin looks on during a meeting with NATO Secretary General Jens Stoltenberg at the Pentagon in Arlington, Virginia, U.S., June 7, 2021. REUTERS/Evelyn HocksteinU.S. Defense Secretary Lloyd Austin issued an internal directive calling for several initiatives to counter China, U.S officials said on Wednesday, but few specifics were provided on how they would be different from efforts already underway. The United States has put countering China at the heart of its national security policy for several years now, with both countries at loggerheads over issues from technology and human rights to Chinese military activities in the disputed South China Sea. The directive is the result of recommendations made by a Pentagon task force that was set up in February by President Joe Biden. But the budget has come under criticism from lawmakers and experts as not focusing enough on the near-term risks from China.
Persons: Lloyd Austin, Jens Stoltenberg, Evelyn Hockstein, Joe Biden, Ashley Townshend Organizations: Defense, NATO, Pentagon, REUTERS, . Defense, United, Biden, United States Studies, University of Sydney, Thomson Locations: Arlington , Virginia, U.S, China, United States
REUTERS/Kevin LamarqueU.S. President Joe Biden brings a grave Brexit warning to his first meeting with British Prime Minister Boris Johnson: Prevent a row with the European Union from imperiling the delicate peace in Northern Ireland. Northern Ireland shares a border with EU member Ireland. read moreTROUBLESThe 1998 peace deal largely brought an end to the "Troubles" - three decades of conflict between Irish Catholic nationalist militants and pro-British Protestant "loyalist" paramilitaries that left 3,600 people dead. Biden, who is proud of his Irish heritage, will make a statement of principle about the importance of that peace deal, Sullivan said. Pro-British unionists say the Brexit deal that Johnson signed contravenes the 1998 peace deal and London has said the protocol is unsustainable in its current form after supplies of everyday goods to Northern Ireland were disrupted.
Persons: Joe Biden, Sydney Glascock, Kevin Lamarque, Boris Johnson, Biden, Johnson, Vladimir Putin, Donald Trump's, Jake Sullivan, Sullivan, He’s, contravenes, Winston Churchill, Churchill, Franklin D, Roosevelt Organizations: 100th Air Refueling Wing, RAF Mildenhall, REUTERS, British, European Union, NATO, House, Air Force, United Kingdom . Northern Ireland, EU, Ireland, Irish Catholic, Northern, United, Thomson Locations: Sydney, Mildenhall, Britain, Northern Ireland, Carbis, U.S, Geneva, Europe, Asia, United States, European, United Kingdom . Northern, London
On Tuesday, Instagram launched its first-ever "Creator Week," a three-day virtual event. To kick it off, Mark Zuckerberg unveiled new tests and features aimed at helping creators earn money. Sydney Bradley broke down some upcoming tools Zuckerberg announced. Check out the full story on new tools Instagram is releasing for creators, here. Nate O'BrienNate O'Brien is a YouTube creator who films videos about personal finance.
Persons: Amanda Perelli, Instagram, Mark Zuckerberg, Sydney Bradley, Zuckerberg, , Nate O'Brien Nate O'Brien, O'Brien, TikTok Don Arnold, Molly Innes, Fanbytes, hashtag, David Dobrik, Alexis Ohanian's Seven, Annie Leibovitz, Raven, Daniel Liss, FaZe, Read, Kyra IQ Organizations: Twitter, Brands, Facebook, YouTube, Getty, Unshackled Ventures, Fast Company Locations: Instagram's, TikTok, Pride
REUTERS/Sandra SandersTwo Australian states are on COVID-19 alert after an infected woman and her husband traveled from Victoria, the epicentre of country’s latest outbreak, through the states of New South Wales and into Queensland, visiting dozens of sites enroute. The 44-year-old woman tested positive for COVID-19 once in Queensland, authorities said late on Wednesday, and her husband has since tested positive. Queensland state Health Minister Yvette D'Ath told reporters in Brisbane on Thursday that the couple's tests suggested they were likely at the end of their infectious period. NSW, the country's most populous state, has not reported any locally acquired cases of COVID-19 in more than a month, while Queensland last reported cases in late March. New Zealand began quarantine-free travel for Australian travellers in April, a pandemic milestone, but paused the so-called “travel bubble” with Victoria late last month.
Persons: Sandra Sanders, Yvette D'Ath, D'Ath, Brad Hazzard, James Merlino Organizations: REUTERS, MELBOURNE, Victoria, New, Thomson Locations: Victoria, Melbourne, Australia, New South Wales, Queensland, Brisbane, Sunshine Coast, NSW, New Zealand, Sydney
Australia, NZ dollars return to range prison after breakout fails
  + stars: | 2021-06-08 | by ( Wayne Cole | ) www.reuters.com + 0.00   time to read: +2 min
With last week’s break down to $0.7646 having failed for bears, the currency was settling back into its well-worn range of $0.7675 to $0.7813. It never broke the range of the past six weeks or so, but did get down as deep as $0.7125 last week. Both currencies had been in trouble before Friday’s benign U.S. payrolls report tempered talk of an early tapering by the Federal Reserve. As a result, yields on the April bond are still down under 0.10% while the November bond pays 0.298%. He also expects another round of bond buying, though smaller than the current A$100 billion package which ends in September.
Persons: NAB’s, Ben Jarman, , ” Jarman, Chris Kent, Philip Lowe, Jacqueline Wong Organizations: SYDNEY, New, Federal Reserve, ., Bank of Australia, JPMorgan Locations: New Zealand, U.S, Victoria, Melbourne
Australia business activity climbs to fresh highs in May: survey
  + stars: | 2021-06-08 | by ( Reuters Staff | ) www.reuters.com + 0.95   time to read: +1 min
FILE PHOTO: People walk through the Central Business District (CBD) at dusk in Sydney, Australia, June 4, 2021. REUTERS/Loren ElliottNational Australia Bank’s index of business conditions climbed 5 points to +37 in May, after jumping 8 points in April, with strength reported across all industries. “Conditions rose further, and in particular trading conditions are at a massive +47 index points,” said NAB chief economist Alan Oster. Capacity utilisation dipped slightly to a still high 85.1%, after surging in April, while forward orders held firm at +26. “This was another very strong read for the business sector and forward indicators point to ongoing strength in the near-term,” said Oster.
Persons: Loren Elliott, , Alan Oster, Oster Organizations: SYDNEY, Central Business, REUTERS, NAB Locations: Victoria, Sydney, Australia
Hundreds arrested globally after joint U.S.-Australian organized crime sting
  + stars: | 2021-06-08 | by ( ) www.cnbc.com + 0.00   time to read: +3 min
U.S. and Australian authorities hacked into an app used by criminals to read millions of encrypted messages, leading to hundreds of arrests of suspected organized crime figures in 18 countries, Australian officials said on Tuesday. Australian Prime Minister Scott Morrison said the operation "struck a heavy blow against organized crime – not just in this country, but one that will echo around organized crime around the world." Australian Federal Police Commissioner Reece Kershaw said police raids in 18 countries netted hundreds of suspects. When an Australian underworld figure began distributing customized phones containing the app to his associates as a secure means to communicate, police could monitor their messages. Kershaw said the Australian underworld figure, who had absconded from the country, had "essentially set up his own colleagues" by distributing the phones and was a marked man.
Persons: Ironside, ensnared, Scott Morrison, Morrison, Reece Kershaw, Europol, Kershaw Organizations: Australian, U.S . Federal Bureau of, Australian Federal Police, FBI, Authorities Locations: Australia, Asia, South America, Sydney, New Zealand, United States, Australian
AAP Image/Dean Lewins via REUTERSU.S. and Australian authorities hacked into an app used by criminals to read millions of encrypted messages, leading to hundreds of arrests of suspected organised crime figures in 18 countries, Australian officials said on Tuesday. Australian Prime Minister Scott Morrison said the operation "struck a heavy blow against organised crime – not just in this country, but one that will echo around organised crime around the world". "This is a watershed moment in Australian law enforcement history," Morrison told reporters in Sydney. The operation, which was conceived by Australian police and the FBI in 2018, saw officials in the United States take control of the ANOM messaging app, which is popular with organised crime networks. "We have been in the back pockets of organised crime," Kershaw said at the same media briefing.
Persons: Scott Morrison, Ironside, Attaché Anthony Russo, Reece Kershaw, Dean Lewins, ensnared, , Morrison, Europol, Kershaw Organizations: Embassy's FBI, Australian Federal Police, AFP, REUTERS U.S, Australian, U.S . Federal Bureau of, FBI, Authorities, Thomson Locations: Sydney, Australia, Asia, South America, New Zealand, United States, Australian
Australia business activity climbs to fresh highs in May-survey
  + stars: | 2021-06-08 | by ( ) www.reuters.com + 0.98   time to read: +1 min
People walk through the Central Business District (CBD) at dusk in Sydney, Australia, June 4, 2021. National Australia Bank's (NAB.AX) index of business conditions climbed 5 points to +37 in May, after jumping 8 points in April, with strength reported across all industries. "Conditions rose further, and in particular trading conditions are at a massive +47 index points," said NAB chief economist Alan Oster. The survey measure for trading, or sales, rose 6 points to reach +47, while profitability gained 6 points to +40 and employment 5 points to +25. "This was another very strong read for the business sector and forward indicators point to ongoing strength in the near-term," said Oster.
Persons: Loren Elliott, Alan Oster, Oster Organizations: Central Business, REUTERS, National Australia, NAB, Thomson Locations: Sydney, Australia, Victoria
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