DIRS.INFO The most relevant business & tech news

"The big thing we're watching for is any sign that rates of bad and doubtful debt are rising," Macquarie analysts said. Analysts at Citi expect cash profit to rise 3.5% to A$9.93 billion, while a Visible Alpha consensus estimate stands at A$10.11 billion. "Most banks may maintain buy-backs and lift dividends as they are still healthy on capital ratios." The heavyweight banking index, the S&P/ASX 200 Financials (.AXFJ), has gained 0.4% so far this year, as of last close. ($1 = 1.5230 Australian dollars)Reporting by Upasana Singh and Rishav Chatterjee in Bengaluru; Editing by Anil D'SilvaOur Standards: The Thomson Reuters Trust Principles.

Persons: David Gray, Banks, Macquarie, Morgan Stanley, Tina Teng, Upasana Singh, Rishav Chatterjee, Anil D'Silva Organizations: REUTERS, Commonwealth Bank of Australia, National Australia Bank, Westpac, ANZ Group, Reserve Bank of Australia, Macquarie, CBA, Citi, NAB, ANZ, WBC, Thomson Locations: Melbourne, Southbank, Australia, Bengaluru

CNN —Roared on by the majority of the 75,784 crowd inside Sydney’s Stadium Australia, co-host Australia reached the Women’s World Cup quarterfinals after an impressive 2-0 victory over Denmark in Sydney. “I felt a little bit disrespected because it’s not about me, it’s about the team and they’re preparing for a World Cup,” she said. Denmark came roaring back though, putting the Australian defense under pressure, with captain Pernille Harder at the forefront of most of its good attacking work. Try as Denmark may, it was Australia who got the next goal to effectively book its spot in the quarterfinals. “We’re feeling really, really happy, really positive,” Australian defender Clare Hunt told CNN after the victory.

Persons: CNN —, Sam Kerr, “, it’s, ” Kerr, Kerr, ”, we’ve, I’m, Mary Fowler, Caitlin Foord, Lene Christensen, Hayley Raso, Fowler, Christensen, Pernille Harder, Foord, David Gray, Emily van Egmond, Clare Hunt, ” Hunt Organizations: CNN, Sydney’s, Australia, Denmark Locations: Australia, Sydney, Denmark, France, Morocco, AFP, Raso

☆ Women’s World Cup United States Loses Knockout Match to Sweden on Penalty Kicks
▼ + stars: | 2023-08-06 | by ( Andrew Das | Juliet Macur | ) www.nytimes.com time to read: +5 min

She had been running, by that stage, for roughly 100 minutes, mounting what appeared at times to be a fearsome, one-woman campaign to keep South Africa in the Women’s World Cup for as long as possible. But Kgatlana, as she had already amply proved in this tournament, does not believe in stopping. First, she spun and writhed and twisted away from a defender, leaving her sprawled on the turf. The Netherlands, in the end, went through to the quarterfinals, where Spain lies in wait in Wellington, New Zealand. Image Thembi Kgatlana, whose goal against Italy had sent South Africa to the round of 16, did all she could to extend its stay.

Persons: Thembi Kgatlana, Stefanie van der Gragt, Daphne van Domselaar’s, Jill Roord, Mark Baker, van Domselaar, Kgatlana, Desiree Ellis’s, ” Ellis, “, ”, David Gray, Daphne van Domselaar, couldn’t, Franck Fife, Lineth Beerensteyn Organizations: Italy, Associated, South, Desiree Ellis’s South, Agence France Locations: South Africa, Netherlands, Spain, Wellington , New Zealand, Italy, Desiree Ellis’s South Africa, New Zealand, jubilation

REUTERS/David GrayLONDON, Aug 3 (Reuters) - Rio Tinto (RIO.L) is finding out just how hard it is to produce low-carbon aluminium. The company's biggest carbon headache is its aluminium business, which last year accounted for 21.1 million metric tons of carbon emissions out of a group total of 30.3 million metric tons. The pilot plant will produce around 6,000 metric tons of alumina per year while cutting carbon dioxide emissions by about 3,000 metric tons per year. Capacity at the low-carbon AP60 smelter, also in Quebec, will be expanded by 160,000 metric tons per year, with commissioning expected in 2026. Rio is investing heavily in recycled aluminium, which can be remelted using just 5% of the power needed to produce virgin metal.

Persons: David Gray, Rio, we're, Jakob Stausholm, Peter Cunningham, Jan Harvey Organizations: Rio Tinto, REUTERS, David Gray LONDON, Queensland Aluminium, Japan's Sumitomo Corp, International Aluminium Institute, Alcoa, Giampaolo, Reuters, Thomson Locations: Rio, Gove, Darwin, Australia's Northern, Pacific, Queensland, Australia, Portland, U.S, Canada, Quebec, North

☆ China's energy security push drives up fossil fuel approvals - research
▼ + stars: | 2023-08-03 | by ( David Stanway | ) www.reuters.com time to read: +4 min

"China's government has put energy security and energy transition at odds with one another," said Greenpeace's Gao Yuhe, who led the research published on Thursday. "Beijing has clearly stated that coal power will still grow at a 'reasonable pace' into 2030," she said. China's National Energy Administration (NEA) did not immediately reply to a fax sent requesting a comment on the coal plants and their power generation policies. The increase in China's coal usage reflects a worldwide pattern. The International Energy Agency said last week that global coal consumption reached a record 8.3 billion tons in 2022, with strong growth in Asia offsetting declines elsewhere.

Persons: David Gray, Gao Yuhe, Xi Jinping, Gao, Jorrit Gosens, David Stanway, Christian Schmollinger Organizations: Mongolia Autonomous, REUTERS, Companies Greenpeace, Greenpeace, National Energy Administration, International Energy Agency, National Development, Reform Commission, European, Global Energy Monitor, Australian National University, NEA, Thomson Locations: Baotou, China's, Mongolia, Mongolia Autonomous Region, SINGAPORE, China, Beijing, Asia, European Union

☆ Aussie set for biggest one-day drop since March, yen at 3-week low
▼ + stars: | 2023-08-01 | by ( Joice Alves | ) www.reuters.com time to read: +4 min

The Aussie fell 1.4% to $0.6626, wiping out the 0.87% gains it clocked in July and set for its sharpest daily drop since March. "I think it was right that the RBA held today, given trimmed mean inflation and unemployment matched the RBA's forecasts. China's Caixin/S&P Global manufacturing purchasing managers' index (PMI) missed analysts forecasts and showed the first decline in activity since April. The euro eased 0.2% to $1.0975, not too far from an almost three-week low touched on Friday. Money markets now see a 60% probability that the Bank of England will hike rates by 25 basis points on Thursday.

Persons: David Gray, Matt Simpson, Carlos Casanova, Kit Juckes, Sterling, Joice Alves, Ankur Banerjee, Alex Richardson, Hugh Lawson Organizations: REUTERS, Australian, Reserve Bank of Australia, Bank of Japan's, City, Federal, P Global, European Central Bank, ECB, Societe Generale, Bank of, Thomson Locations: Sydney, Australia, China, Asia, Hong Kong, U.S, Bank of England, London, Singapore

☆ Point of no return: Australians fight for the right to work from home permanently
▼ + stars: | 2023-08-01 | by ( Byron Kaye | ) www.reuters.com time to read: +6 min

You can actually finish work at five, rather than finishing at five spending 45 minutes trying to get home." When you have a jolt, you never return to the way the world was," said John Buchanan, head of the University of Sydney's Health and Work Research Network. That same week, the public sector union struck a deal the which lets Australia's 120,000 federal employees request work-from-home an unlimited number of days. By comparison, Canada's federal workers ended a two-week strike in May with a wages agreement that came without the WFH protections they wanted. Among employees with WFH experience, 19% wanted to return to the office full-time, the survey found.

Persons: David Gray, SYDNEY, Nicholas Coomber, Coomber, Jamie Dimon, Elon Musk, John Buchanan, We're, Jones Lang Lasalle, Melissa Donnelly, WFH, Mathias Dolls, Jim Stanford, Stanford, Byron Kaye, Miral Organizations: REUTERS, JPMorgan Chase, Twitter, University of Sydney's Health, Work Research, Commonwealth Bank of Australia, National Australia Bank, NAB, European Union, Community, Public Sector Union, CBA, ifo, Macroeconomics, Stanford University, Workers, Centre, Australia Institute, Thomson Locations: Melbourne, Southbank, Australia, New Zealand, Tokyo, New York, JLL.N, Hamburg

☆ How to watch Australia, Canada and Nigeria battle for Wwomen's World Cup knockout phase spot
▼ + stars: | 2023-07-30 | by ( Ben Morse | ) edition.cnn.com time to read: +23 min

Franck Fife/AFP/Getty Images Norway celebrates scoring in its 6-0 victory against the Philippines on Sunday. Aisha Schulz/AP Sweden's Amanda Ilestedt, center, heads the ball to score the opening goal against Italy on July 29. John Cowpland/AP Italy's fans cheer before their team's match against Sweden at Wellington Regional Stadium, New Zealand. John Cowpland/AP China's Wang Shuang celebrates after scoring against Haiti during a Women's World Cup match on Friday, July 28. John Cowpland/AP US forward Alex Morgan is surrounded by Vietnam defenders during their opening match on July 22.

Persons: Colombia's Manuela Vanegas, Franck Fife, Alexandra Popp, Ulrik Pedersen, Manuela Vanegas, Sajad, Jaimi Joy, Reuters Linda Caicedo, Phil Walter, Getty, Dominique Randle, Hannah Peters, Hali, Rafaela Pontes, Olivia McDaniel, Norway's Caroline Graham Hansen, Abbie Parr, Sophie Roman Haug of, Jessika Cowart, Buda Mendes, Ali Riley, Katie Bowen, Molly Darlington, Julia Stierli, Alessandra Tarantino, Ramona Bachmann, Sanka Vidanagama, James Elsby, Benzina, Edina Alves Batista, Hannah Mckay, Brenton Edwards, Panama's Aldrith Quintero, Jamaica's Deneisha Blackwood, Kameron Simmonds, Luisa Gonzalez, Allyson Swaby, Herve Renard, Wendie Renard, Debinha, Katie Tucker, Aisha Schulz, Amanda Ilestedt, John Cowpland, Rebecka Blomqvist, Wang Shuang, Maddie Meyer, Dumornay, China's Dou Jiaxing, Alex Pantling, Chloe Kelly, Carl Recine, Mary Earps, Andy Cheung, Janni Thomsen, Alex Greenwood, Lauren James, Justin Setterfield, Keira Walsh, Walsh, Argentina's Mariana Larroquette, Yamila Rodriguez, Cristiano Ronaldo, Lionel Messi, Matthew Lewis, Linda Motlhalo, Lars Baron, Osinachi Ohale, Bradley Kanaris, Dan Peled, Anthony Albanese, Matt Roberts, Jéssica Silva, Vietnam's, Saeed Khan, Fiona Goodall, Daphne van Domselaar, Julie Ertz, Brad Smith, Andrew Cornaga, Lindsey Horan, Joe Prior, Catherine Ivill, Amanda Perobelli, Canada's Vanessa Gilles, Ireland's Niamh Fahey, Louise Quinn, Murty, Katie McCabe applauds, Paul Kane, Kailen Sheridan, McCabe, Stephen McCarthy, Adriana Leon, Colin Murty, Jennifer Hermoso, David Rowland, Reuters Hermoso, Spain's Alexia Putellas, Mary Wilombe, Naomoto, Japan's Mina Tanaka, Daniela Solera, Sarina Bolden, Bolden's, Hannah Wilkinson, Bolden, Victoria Esson, Katelyn Mulcahy, Hagen Hopkins, Catalina Usme, Korea's Cho, Colombia's Jorelyn, Carolina Arias, Cameron Spencer, Reuters Usme, Kim Hye, Rebecca Welch, David Gray, Brazil's Marta, Matt Turner, Borges, Khadija Er, Victoria Adkins, Germany's Alexandra Popp, Asanka Brendon Ratnayake, Morocco's Fatima Tagnaout, Hamish Blair, Cristiana Girelli, Kim Price, Francesca Durante, German Portanova, Reuters Italy's Giulia Dragoni, Estefania Banini, Dragoni, Grace Geyoro, Mark Baker, Rebecca Spencer, Robert Cianflone, Bunny, Shaw, Estelle Cascarino, Portugal's Ines Pereira, Stefanie van der, Van der Gragt, Portugal's Jessica Silva, Silva, Joe Allison, Magaia, Sweden's Elin Rubensson, Amalie Vangsgaard's, Zhang Linyan, Denmark's Pernille Harder, Gary Day, Shui, Reuters England's Alessia Russo, Haiti's Tabita Joseph, England's Lionesses, Reuters Nicolas Delépine, Kerly Theus, Zac Goodwin, Jun Endo, Zambia's Agnes Musase, Reuters Aoba, Catherine Musonda, Alex Morgan, Carmen Mandato, Megan Rapinoe, Horan, Trần Thị Kim Thanh, Sophia Smith dribbles, Ane, Esther González, Costa, Costa Rica's Mariana Benavides, Katrina Guillou, Switzerland's Gaëlle Thalmann, William West, Uchenna Kanu, Chiamaka Nnadozie, Canada's Christine Sinclair, Steph Catley, Heather Payne, Australia's Kyra Cooney, Mackenzie Arnold, Ria Percival, Ada Hegerberg, Jan Kruger, Zealand's CJ Bott, Norway's Mathilde Harviken vie, Jose Breton, Benee, Ireland's, Niamh Fahey, Vanessa Gilles, Coliin Murty, Sam Kerr, Kerr, Tony Gustavsson, Christine Sinclair, Ireland, Spain –, Japan's Hikaru Naomoto Organizations: CNN, Germany, Getty, Colombia, Reuters, Norway, Sunday, FIFA, AP, New Zealand, South, Jamaica, Brazil, France, Italy, Sweden, Wellington Regional, Haiti, China, Denmark, England, Argentina, Nigeria, Australia, Canada, Reuters Australian, Vietnam, Portugal, USSF, Ireland, Spain, Eden, Costa, Forsyth, AP Costa, Japan, New, Victoria, Panama, Morocco, Cristiana, Atlanta Primus, Zambia, Zambian, Costa Rica's, Getty Images, Zealand, AP Norway, Nations, FOX Sports, Telemundo, Seven Network, Optus Sport, BBC, ITV, Republic of Ireland, Super Falcons, coy Locations: Japan, Spain, Costa Rica, Zambia, Australia, Canada, Nigeria, AFP, Colombia, Philippines, AP Philippines, Sophie Roman Haug of Norway, New, Reuters, Morocco, South Korea, Perth, Reuters Jamaica, Brisbane, New Zealand, Reuters England, Reuters Argentina, Argentina, South Africa, Ireland, Portugal, Vietnam, United States, Netherlands, Wellington , New Zealand, Auckland , New Zealand, Costa Rican, Dunedin , New Zealand, AP Costa Rican, Reuters Switzerland, Norway, Switzerland, Sydney, Reuters Colombia, Panama, Adelaide, Germany, AP Argentina, German, Italy, Atlanta, Africa, China, European, Reuters England's Georgia, Ane Frosaker, Eurasia, Melbourne, Reuters Norway, Zealand, Eden, United Kingdom, Republic of, Republic of Ireland, Wellington

☆ How to watch as France vs. Brazil highlights exciting Day 10 of Women’s World Cup
▼ + stars: | 2023-07-28 | by ( Matias Grez | ) edition.cnn.com time to read: +4 min

Women’s World Cup 2023: Live scores, fixtures, results, tables and top scorersCNN —Day 10 of the 2023 Women’s World Cup should prove to be a thriller. ET, France vs. Brazil kicks off at 6 a.m. It’s not often you get a heavyweight clash such as this in the group stages of the World Cup. With the country appearing at a Women’s World Cup for the first time, Panama’s players were reduced to tears during the national anthem ahead of the match against Brazil. The team will certainly have more of a chance against Jamaica and will likely be eying a first ever Women’s World Cup point.

Persons: Brazil, Giulia Dragoni, Buda Mendes, Banyana Banyana, Giulia Dragoni –, ‘ Little Messi ’ –, Le Azzurre, Borges, It’s, Bleues, Marta, David Gray, Khadija ‘ Bunny ’ Shaw Organizations: CNN —, Fox, Fox Sports, Telemundo, Peacock, Seven Network, Optus Sport, BBC, ITV, FIFA, Italy, France, Panama, Jamaica, Getty, Brazil Locations: France, Sweden, Italy, Jamaica, Panama, Australia, United Kingdom, Brazil, Italy's, Argentina, South Africa, Brazil's, New Zealand, AFP

☆ Australia says nuclear isn't part of its energy mix. Here's why
▼ + stars: | 2023-07-25 | by ( Charmaine Jacob | ) www.cnbc.com time to read: +3 min

watch nowNuclear energy has never been part of Australia's energy mix as it has abundant renewables, according to Australia's minister for climate change and energy. Nuclear plays a role in various countries' mix, but in Australia, it never has," Chris Bowen told CNBC on the sidelines of the G20 energy ministers meeting in Goa, India. "Wherever you look, there's issues from our point of view with nuclear energy," he said, outlining problems that can come from adopting nuclear energy. Furthermore, Australia will be starting from "worse than scratch" since it never had a nuclear industry in the first place, he said. "They're not going to be replaced with coal fired power, it's just not going to happen," Bowen said.

Persons: Chris Bowen, CNBC's Sri, Liddell, Bintang, They're, it's, Bowen, Vladimir Putin, David Gray Organizations: CNBC, Liddell Power Station, Getty, Australia, Gas, country's Clean Energy Council Locations: Australia, Goa, India, CNBC's Sri Jegarajah, Europe, Ukraine, Lake George, Canberra

☆ South32 takes $1.3 billion hit against Hermosa; Q4 output steady
▼ + stars: | 2023-07-24 | by ( Navya Mittal | Rishav Chatterjee | ) www.reuters.com time to read: +2 min

(Reuters) -Australian diversified miner South32 on Monday said it will take an about $1.3 billion one-off charge in fiscal 2023 against its Hermosa project in Arizona, even as the company restored output at most of its operations in the fourth quarter. FILE PHOTO: The logo of Australian miner South32 can be seen at the venue of a media conference in Perth, Western Australia, November 18, 2015. Shares fell as much as 2.6% to A$3.72 as of 0344 GMT to hit their lowest in about two weeks. For the full year, manganese ore output jumped 4% to 5,653 kwmt. Output of metallurgical coal, the miner’s biggest revenue-generating commodity, jumped 9% to 1,504 thousand tonnes (kt) for the June quarter, while annual output slipped 4% to 5,497 kt.

Persons: South32, David Gray, Taylor, ”, Graham Kerr, ” Kerr, Josh Gilbert, Josh Organizations: Reuters, REUTERS, BHP Group, eToro AUS, “ Locations: Australian, Hermosa, Arizona, Perth, Western Australia

☆ Aussie surges after strong jobs data; China's yuan jumps
▼ + stars: | 2023-07-20 | by ( Rae Wee | ) www.reuters.com time to read: +4 min

"Ultimately, it's another strong set of employment figures which keeps the pressure on a data-dependant (Reserve Bank of Australia) to potentially hike rates in August." The offshore yuan last bought 7.1901 per dollar, while the onshore yuan strengthened past 7.18 per dollar to a session-high of 7.1620. RATES OUTLOOKIn the broader currency market, sterling was nursing deep losses after a sharp fall in the previous session following Britain's inflation data, which undershot market expectations. "The market I think is a bit more reasonable now with its expectations for rate hikes by the BoE. "We thought (the fall) was too strong, so it looks like the dollar has regained some of those losses," said CBA's Capurso.

Persons: David Gray, Matt Simpson, it's, Ken Cheung, BoE, Joseph Capurso, Yannis Stournaras, CBA's Capurso, Rae Wee, Sam Holmes, Jamie Freed Organizations: REUTERS, Australian, New Zealand, Bank of Australia, prudential, U.S ., People's Bank of, Mizuho Bank, Bank of England, Traders, Commonwealth Bank of Australia, Central Bank, U.S, Thomson Locations: Sydney, Australia, SINGAPORE, China, Asia

☆ Australia, NZ cleared to fly Indigenous flags at Women's World Cup
▼ + stars: | 2023-07-07 | by ( ) www.reuters.com time to read: +1 min

REUTERS/David Gray/File PhotoMELBOURNE, July 7 (Reuters) - Global soccer governing body FIFA has agreed to requests from Australia and New Zealand to display Indigenous flags at the Women's World Cup, the co-hosts said on Friday. The Australian Aboriginal flag and the Torres Strait Islander flag will be on display at all 35 matches across Australia, with the Māori flag, known as 'Tino Rangatiratanga', to feature at all 29 matches in New Zealand. "Confirmation by FIFA that all official flags of Australia will be flown during the FIFA Women's World Cup is an important moment for all Australians, particularly First Nations People," Football Australia boss James Johnson said in a statement. Australia's World Cup squad includes Indigenous Australian players Kyah Simon and goalkeeper Lydia Williams. The World Cup starts on July 20.

Persons: David Gray, Tino Rangatiratanga, James Johnson, Kyah Simon, Lydia Williams, Simon, I'm, Ian Ransom, Peter Rutherford Organizations: Workers, Islands, Australian, Commonwealth Games, REUTERS, Global, FIFA, Australian Aboriginal, Torres Strait, Nations, Football Australia, Indigenous, First Nations, Thomson Locations: Torres, Australian, Queensland, Australia, MELBOURNE, New Zealand, Melbourne

☆ Australia's central bank leaves its key rate unchanged, says inflation 'passed its peak'
▼ + stars: | 2023-07-04 | by ( Jihye Lee | ) www.cnbc.com time to read: +2 min

David Gray | Getty Images News | Getty ImagesAustralia's central bank held its official cash rate steady at 4.10% in a closely watched decision Tuesday. Economists were split on expectations ahead of the decision, with 16 out of 31 respondents surveyed by Reuters forecasting a hike of 25 basis points and 15 expecting the central bank to hold. Stocks cheered the move as the central bank said inflation in the economy has "passed its peak." He added that the central bank will continue to closely monitor developments in the global economy, household spending trends and inflation forecasts. The central bank's decision to hold rates steady was to "assess" the effects of the multiple rate hikes so far, according to IG's Australia market analyst Tony Sycamore.

Persons: David Gray, Stocks, RBA, Philip Lowe, Lowe, Tony Sycamore, —, Sycamore Organizations: Sydney Opera House, Getty, Reuters, U.S ., Australia Bureau, Statistics, CNBC Locations: Australia

[1/2] Pedestrians walk past the main entrance to the Reserve Bank of Australia building in central Sydney, Australia, October 3, 2016. Interest rate swaps markets are only attaching a one-in-three probability of a hike, and around a two-in-three likelihood of no move. In another Reuters poll, economists said they expect annual consumer price inflation in South Korea to have slowed in June to 2.85% from 3.30%. Figures on Monday showed that factory activity in South Korea shrank for a record 12th consecutive month in June. Here are key developments that could provide more direction to markets on Tuesday:- Australia interest rate decision- South Korea inflation (June)- Germany trade balance (May)By Jamie McGeever; Editing by Marguerita ChoyOur Standards: The Thomson Reuters Trust Principles.

Persons: David Gray, Jamie McGeever, Marguerita Choy Organizations: Reserve Bank of Australia, REUTERS, U.S, Investors, Japan, Wall, Traders, Thomson, Reuters Locations: Sydney, Australia, U.S, Asia, South Korea, Korea, Germany

☆ Australian home prices climb for fourth month in June
▼ + stars: | 2023-07-02 | by ( ) www.reuters.com time to read: +2 min

REUTERS/David Gray/File PhotoSYDNEY, July 3 (Reuters) - Australian home prices rose for a fourth consecutive month in June as a sustained squeeze on housing supply helped lift values nationwide, data showed on Monday. Property consultant CoreLogic figures showed national home prices were up 1.1% in June from the previous month, after bottoming in February and starting a sustained rise. Every state and territory capital except Tasmania's Hobart recorded higher prices for dwellings, according to CoreLogic. "A slowdown in the pace of capital gains could be a reflection of a change in sentiment as interest rate expectations revise higher," Lawless said. "Higher interest rates and lower sentiment will likely weigh on the number of active home buyers, helping to rebalance the disconnect between demand and supply."

Persons: David Gray, Tasmania's Hobart, CoreLogic's Tim Lawless, Lawless, Sam McKeith, William Mallard Organizations: REUTERS, ., Reserve Bank of Australia, Thomson Locations: Sydney, Clovelly, Australia, Tasmania's, CoreLogic, New South Wales, Brisbane, Queensland

☆ Serving 'lunch' before midnight — and other ways airlines can help reduce jet lag
▼ + stars: | 2023-06-22 | by ( Monica Pitrelli | ) www.cnbc.com time to read: +4 min

They also kept a daily health log before, during and for two weeks after test flights, it said. It means you start reducing the jetlag straight away," he said in a statement after the first test flight was conducted. For now, Postnova said, travelers shouldn't wait until they land to combat jet lag — rather, they should start the process as soon as their flight departs. An onboard 'wellbeing zone'The jet lag research is being conducted while Qantas awaits 12 Airbus 350 aircraft it ordered in May 2022. Passengers exercise during a Qantas test flight from New York to Sydney on Oct, 19, 2019.

Persons: University of Sydney's Charles Perkins, David Gray, Svetlana Postnova, Postnova, Alan Joyce, James D, Peter Cistulli, Joyce Organizations: Qantas, University of Sydney's, University of Sydney's Charles Perkins Centre, Volunteers, Flight, Getty, CNBC, Morgan, University of Sydney, New, Flyers, Airbus Locations: Sydney, New York City, London, New York

☆ UN adopts world's first treaty to protect high seas biodiversity
▼ + stars: | 2023-06-19 | by ( ) www.reuters.com time to read: +1 min

REUTERS/David Gray/File PhotoNEW YORK, June 19 (Reuters) - The U.N. has adopted the world's first treaty to protect the high seas and preserve marine biodiversity in international waters, marking a milestone after nearly 20 years of effort, U.N. Secretary-General Antonio Guterres announced Monday. The adoption followed an agreement reached in March by more than 100 countries on the of text of the High Seas Treaty, also known as the Biodiversity Beyond National Jurisdiction treaty, after more than 15 years of discussions and five rounds of U.N.-led negotiations. In approving the text, member states have "pumped new life and hope to give the ocean a fighting chance," Guterres said in a statement. The pact is a key plank in efforts to put 30% of the world's land and sea under environmental protection by 2030, a goal set in December. Among other provisions, the legally binding agreement would govern sharing benefits derived from marine genetic resources beyond national jurisdictions, creating protected areas on the high seas and establishing a framework for assessing environmental damage.

Persons: Lady Elliot, David Gray, Antonio Guterres, Guterres, Douglas Gillison, Lisa Shumaker Organizations: Eco, REUTERS, Thomson Locations: Bundaberg, Queensland, Australia, New York

☆ Australia's visa overhaul leaves Chinese millionaires in limbo
▼ + stars: | 2023-06-15 | by ( Stella Qiu | ) www.reuters.com time to read: +5 min

[1/2] Chinese and Malaysian tourists take photographs of the Sydney Opera House from a viewing area located on Sydney Harbour, Australia, October 4, 2016. Similar investment visa schemes have been scrapped in Canada, Britain and Singapore as governments conclude they do not create jobs and could be a means to park speculative money. It said a new migration strategy would be released later this year, which would include "radically reshaping" the BIIP programme. "I just don't think the investor programme is on their radar at the moment - they might overhaul it down the track. BIIP holders say they are curtailing business investment given the uncertainty, postponing life decisions and in some cases selling properties in Australia.

Persons: David Gray SYDNEY, Paul Wang, Wang, Tony Le Nevez, Tan, Stella Qiu, Praveen Menon, William Mallard Organizations: Sydney Opera House, REUTERS, Innovation, Investment, Labor, Department of Home Affairs, Henley & Partners Australia, Thomson Locations: Malaysian, Sydney Harbour, Australia, Beijing, Canada, Britain, Singapore, Sydney, Melbourne, United States

☆ Macquarie picks up majority stake in Coastal Waste & Recycling
▼ + stars: | 2023-06-13 | by ( Chibuike Oguh | ) www.reuters.com time to read: +1 min

FILE PHOTO: The logo of Australia's biggest investment bank Macquarie Group Ltd adorns a desk in the reception area of its Sydney office headquarters in Australia, Oct. 28, 2016. REUTERS/David Gray/File PhotoNEW YORK (Reuters) - The asset management arm of Australian bank Macquarie Group Limited has bought a majority stake in waste management firm Coastal Waste & Recycling, the bank said on Tuesday. The transaction values Coastal Waste & Recycling at about $900 million, according to people familiar with the matter. Coastal Waste & Recycling serves more than 450,000 customers mostly in Florida and Georgia, making it one of the largest waste management firms in southeastern U.S. It has invested more than $5 billion in waste management businesses in the Americas since 2007.

Persons: David Gray, Brendon Pantano, Pantano, Macquarie Organizations: Macquarie Group Ltd, REUTERS, Macquarie Group, Recycling, Boca, Capital, Equity Partners, Macquarie Asset Management Locations: Sydney, Australia, Florida, Georgia, U.S, Boca Raton , Florida, Americas, Europe, Asia

☆ RBA to hold rates at 3.85% in June, but may raise again soon: Reuters poll
▼ + stars: | 2023-06-02 | by ( Devayani Sathyan | ) www.reuters.com time to read: +3 min

REUTERS/David GrayThe Reserve Bank of Australia (RBA) raised rates last month after pausing in April, confounding financial markets and a majority of economists who were expecting the central bank to hold. The remaining eight in the poll taken between May 29 and June 1 poll expected a 25 basis point hike. Interest rate futures were pricing in a roughly one-in-three chance of a rate hike then. More than half of respondents, or 18 of 28, expected rates to reach 4.10% or higher by end-September, including four who saw rates at 4.35%. The remaining 10 expected rates to stay at 3.85%.

Persons: David Gray, Philip Lowe, “ we’ve, ”, Taylor Nugent, ” Nugent, Gareth Aird Organizations: Reserve Bank of Australia, REUTERS, David Gray The Reserve Bank of Australia, ANZ, CBA, NAB, Westpac, Economics Locations: BENGALURU, Sydney, Australia

☆ Australia first-quarter business investment hits 7-year high, outlook solid
▼ + stars: | 2023-06-01 | by ( ) www.reuters.com time to read: +2 min

[1/4] Pedestrians walk in front of a crane and scaffolding on a construction site in central Sydney, Australia, May 31, 2018. REUTERS/David GraySYDNEY, June 1 (Reuters) - Australian business investment rose to a seven-year high in the first quarter, helped by a jump in spending on mining, manufacturing and transport, while firms affirmed plans for solid spending in the year ahead. First-quarter investment by Australia's huge mining sector climbed 1.7%, accelerating from a rise of 0.7% in the previous quarter. The capital spending figures will feed into data on gross domestic product (GDP) due next week. Construction work done came in better-than-expected, although residential building remained soft, likely making a flat contribution to Q1 GDP growth.

Persons: David Gray SYDNEY, Sean Langcake, Stella Qiu, Jacqueline Wong, Edwina Gibbs Organizations: REUTERS, Australian Bureau, Statistics, Oxford Economics Australia, Reserve Bank of Australia, Thomson Locations: Sydney, Australia

☆ Australia boasts rare budget surplus, before spending pressures intensify
▼ + stars: | 2023-05-08 | by ( Wayne Cole | ) www.reuters.com time to read: +4 min

FILE PHOTO: Tourists walk around the forecourt of Australia's Parliament House in Canberra, Australia, October 16, 2017. “Providing responsible, targeted relief is the number one priority in our Budget,” Chalmers told lawmakers, while also lauding the improvement in the budget bottom line. High prices for Australia’s commodity exports have also delivered a windfall to mining profits, and thus tax receipts, though prices are now well off their peaks. The government also raised its long-term commodity price assumptions in the budget, which is expected to contribute billions of dollars in extra revenues. Walker believed the revised commodity price projections were still conservative.

☆ Australia to deliver first budget surplus in 15 years
▼ + stars: | 2023-05-08 | by ( Stella Qiu | ) www.reuters.com time to read: +2 min

SYDNEY (Reuters) - Australia is set to deliver its first budget surplus in 15 years on Tuesday, as its coffers bulge with tax windfalls from higher commodities prices and wages, giving it room to dole out cost-of-living relief amid an inflation squeeze on households. FILE PHOTO: Tourists walk around the forecourt of Australia's Parliament House in Canberra, Australia, October 16, 2017. REUTERS/David GrayHowever, fiscal challenges loom large with resource prices well off their peaks and the domestic economy slowing thanks to high interest rates. That is a huge turnaround from a projected deficit of A$36.9 billion in October, although underlying structural pressures are seen keeping the budget in the red in years ahead. “This will be a responsible Budget, which focuses on people doing it tough,” said Chalmers in an interview with ABC Radio on Monday.

☆ Here are Thursday's biggest analyst calls: Apple, Tesla, Target, Goldman Sachs, Meta, FedEx & more
▼ + stars: | 2023-03-09 | by ( Michael Bloom | ) www.cnbc.com time to read: +12 min

Bank of America reiterates Goldman Sachs as buy Bank of America said the investment bank is "best-in-class." Bank of America reiterates Taiwan Semiconductor as buy Bank of America said the semiconductor company has "strong AI potential." Evercore ISI reiterates Meta as a top pick Evercore named Meta a top pick, noting it still likes the company's business model. " Evercore ISI reiterates Meta as a top pickEvercore named Meta a top pick, noting it still likes the company's business model. Oppenheimer reiterates Meta as outperformOppenheimer said it's standing by its outperform rating on Meta.

Search resuls for: "DAVID GRAY"

25 mentions found