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☆ Scandals in China and Australia hit Big 4 giant PwC, but global revenues reached a record high
▼ + stars: | 2024-10-29 | by ( Polly Thompson | ) www.businessinsider.com time to read: +3 min

After two scandals this year, PwC's business in the Asia-Pacific region has fallen. While PwC faced these regional setbacks, it hit record-high revenues and hired 10,000 new employees. AdvertisementAfter scandals in Australia and China this year, PwC has lost business in the Asia-pacific region. AdvertisementDespite the regional impact on the business, PwC posted an overall growth of 3.7% to reach record-high gross revenues of $55.4 billion. Like other leading consultancies, PwC has been hit by falling demand for consulting services, and its growth rate has slowed.

Persons: PwC, —, Mohamed Kande, Uber, we've Organizations: Service, Big, PwC, Google, Australian Financial, EY, Deloitte Locations: Asia, China, Australia, India

☆ McDonald's reverses U.S. same-store sales declines in the third quarter, but E. coli fallout looms
▼ + stars: | 2024-10-29 | by ( Amelia Lucas | ) www.cnbc.com time to read: +4 min

McDonald's on Tuesday reported quarterly earnings and revenue that beat analysts' expectations as its U.S. restaurants reversed last quarter's same-store sales decline. It's the second straight quarter that the company's same-store sales have fallen. U.S. same-store sales rose 0.3%, reversing last quarter's same-store sales declines but still slightly weaker than the 0.5% increase predicted by StreetAccount estimates. The company's two international divisions both reported steeper declines in same-store sales compared with the prior quarter. The international developmental licensed markets division reported same-store sales declines of 3.5%, driven by weak demand in the Middle East and China.

Persons: McDonald's, Ian Borden, Chris Kempczinski, Kempczinski Organizations: Health, LSEG Locations: France, Germany, Australia, East, China

Israel's parliament voted Monday to ban the operations of the United Nations agency for Palestinian refugees, the main humanitarian aid agency operating in Gaza. "This is the latest in the ongoing campaign to discredit UNRWA and delegitimize its role towards providing human-development assistance and services to #Palestine Refugees," Lazzarini wrote. UNRWA is a U.N. aid organization established in 1949 to provide aid and protection to Palestinian refugees in the West Bank, Gaza, Jordan, Lebanon and Syria. Some Israeli critics have said that the agency perpetuates a false narrative that Palestinians are refugees, which Lazzarini referenced in his statement. And U.N. Secretary-General Antonio Guterres was declared “persona non grata" by Israel’s foreign minister, Israel Katz, and was banned from entering Israel.

Persons: Benjamin Netanyahu, Philippe Lazzarini, Israel, Biden, Matthew Miller, Miller, Lazzarini, Netanyahu, Michael Martin, Boaz, Antonio Guterres, Israel Katz Organizations: United Nations, UNRWA, . State Department, State Department, Palestine Refugees, West, UN, Ireland, Agency, Assembly, Israel Defense Forces, . Interim Forces, U.N Locations: Gaza, Israeli, Israel, West Bank, Jordan, Lebanon, Syria, France, Germany, Britain, Japan, South Korea, Canada, Australia, Norway, Slovenia, Spain, East, organization’s

☆ Woman found alive after surviving snake bite and two weeks in the wilderness
▼ + stars: | 2024-10-28 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Patrick-Smith-Circle-Byline-Template.Jpg | Patrick Smith | ) www.nbcnews.com time to read: +1 min

Police said a woman who was found in a remote Australian mountain range after going missing for almost two weeks was "dazed and unwell" but alive after suffering a snake bite in remote wilderness. She was last seen driving a hire car in the national park on Oct. 15. "We held grave concerns for the missing woman and [are] very glad she’s been found safe and reasonably well." The Snowy Mountains in Kosciuszko National Park in Jindabyne, Australia. Police said Sjoberg was was treated by paramedics at the scene for exposure and "what is believed to be a snake bite," before being taken to Cooma District Hospital in a stable condition.

Persons: Kiki, Sjoberg, Toby Lindsay, Martin Ollman, Lindsay Organizations: New South Wales Police, Monaro Police, Australian Broadcasting Corporation, Police, Australian Museum Locations: New, Kosciuszko, Jindabyne, Australia, Cooma, Sydney

A boy carries a humanitarian aid package provided by the United Nations Relief and Works Agency for Palestine Refugees (UNRWA) in central Gaza City on August 27. Omar Al-Qattaa/AFP/Getty ImagesIsrael’s parliament is considering two bills this week that could significantly restrict the operations of UNRWA, the UN’s relief agency for Palestinians, in territories occupied by Israel. The OIOS added that they were not able to independently authenticate information used by Israel to support the allegations. “UNRWA provides essential and life-saving humanitarian aid and basic services to Palestinian refugees in Gaza, East Jerusalem, the West Bank and throughout the region. Here’s a look at how many Palestinian refugees are registered for UNRWA services – and where.

Persons: Omar Al, “ Organizations: United Nations Relief, Works Agency for Palestine Refugees, Getty, UNRWA, UN, West Bank, Hamas, Oversight Locations: Gaza City, AFP, Israel, Gaza, East Jerusalem, Canada, Australia, France, Germany, Japan, South Korea

☆ US-made Abrams and Bradleys built for a Cold War battle with the Soviets are fighting inside Russia, Ukrainian military video shows
▼ + stars: | 2024-10-28 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

The American-made Abrams tank and Bradley fighting vehicle were built to fight the Soviets. New footage shared by the Ukrainian military shows them assaulting Russian positions in Kursk. AdvertisementNew combat footage posted by the Ukrainian military on Monday shows American-made tanks and armored fighting vehicles at war inside Russia. 🇺🇸-made Bradley IFV and Abrams tank are performing a combat task in the Kursk region, destroying russian treeline positions. An M1 Abrams tank in service with the Ukrainian military fires its cannon in the Kursk region.

Persons: Abrams, —, Bradley, Sy Organizations: Bradley, Service, Ukraine's 47th Mechanized Brigade, Bushmaster Locations: Russia, Ukrainian, Kursk, 🇺🇸-m

Israel’s Knesset opened its winter session on Monday against a backdrop of war in Gaza and Lebanon and after an Israeli strike on Iran on Saturday. UNRWAThe Knesset was set to debate on Monday bills that would make it illegal for Israeli officials to cooperate with UNRWA, the main U.N. agency that aids Palestinians. The bills would effectively shut down the agency’s work in Gaza, the West Bank and East Jerusalem within 90 days. According to the Jerusalem Post, the first bill states that UNRWA could no longer operate in Israel, while the second would abrogate the treaty that underpins the relationship between UNRWA and Israel. The Knesset has already voted in favor of advancing the bill and it is being prepared for a second and third reading.

Persons: Benjamin Netanyahu’s, Netanyahu’s, Netanyahu, Yoav Gallant, Gallant, Yuli Edelstein, Kan, Mr, Edelstein, Israel’s, Matthew Miller, UNWRA, Adalah Organizations: Likud, Division, Lawmakers, UNRWA, West Bank, United Nations, Department, Police Locations: Gaza, Lebanon, Iran, Israel, East Jerusalem, Jerusalem, Canada, France, Germany, Australia, United Kingdom, United States

☆ Netflix's new drama is being called the Australian 'Yellowstone.' Fans are already clamoring for a season 2.
▼ + stars: | 2024-10-28 | by ( Olivia Singh | ) www.businessinsider.com time to read: +4 min

"Territory" is a new Netflix drama series about the fight for a cattle station in Australia. Here's everything we know about a potential season 2. Netflix's answer to "Yellowstone" has arrived in the form of a new drama series with sweeping views of Australia and a family's fight to preserve their legacy. With comparisons to successful shows like "Yellowstone" and "Succession," and a solid debut on Netflix, "Territory" could have longevity on the streamer. The finale ends with Colin giving Graham and Emily the keys to the house, alluding to them becoming the new successors — meaning there's plenty more to explore in a potential season two.

Persons: —, Timothy Lee, Ben Davie's, Daniel Lawson, Jake Ryan, Kevin Costner, Sam Corlett, Marshall Lawson, Kylah, Sharnie Kennedy, Sam Delich, Rich Petrakis, Taylor Sheridan, John Linson, Harrison Ford, Helen Mirren, Michelle Pfeiffer, Michael Dorman, Graham Lawson, Susie Lawson, Philippa Northeast, Graham, Emily Lawson, Anna Torv, Lachie Kirby, Joe Klocek, Susie, Sandra Kirby, Sara Wiseman, Sandra, Susie isn't, Colin Lawson, Robert Taylor, Colin, Emily Organizations: Netflix, Service, Marianne, Paramount, Netflix Netflix, Hollywood, Guardian, Sheridan Locations: Australia, Territory, " Territory, Montana, Madison

☆ Yen slips as Japan's election result clouds BOJ rate hike prospects
▼ + stars: | 2024-10-28 | by ( ) www.cnbc.com time to read: +3 min

The yen touched a three-month low on Monday as Japan's ruling coalition lost its parliamentary majority and investors figured that would likely slow future interest rate hikes, while the dollar headed for a monthly gain on rising U.S. yields. On the dollar, the yen hit its weakest since late July at 153.3 in early-morning trade and it touched the same milestone at 165.36 to the euro . That was down from the 279 seats they held previously and marked the coalition's worst result since it briefly lost power in 2009. The U.S. dollar index has climbed 3.6% during October, its sharpest monthly rise since April 2022. The New Zealand dollar traded near a three-month low of $0.5974, down nearly 6% for the month.

Persons: Shigeru Ishiba's, Komeito, Donald Trump, Sterling Organizations: Shigeru Ishiba's Liberal Democratic Party, NHK, Bank of Japan, Nomura, U.S, gilts, Australian, New Zealand Locations: Japan, U.S, Europe, Australia, China

☆ Israel has banned the UN agency for Palestinian refugees. That could be devastating for millions
▼ + stars: | 2024-10-28 | by ( Nadeen Ebrahim | Salma Arafa | ) edition.cnn.com time to read: +10 min

CNN —Israel’s parliament has voted to ban a nearly eight-decade-old United Nations agency that provides essential services for Palestinian refugees, a move that could have devastating consequences for millions of Palestinians living under Israeli occupation. The move is expected to severely restrict the UN Relief and Works Agency for Palestine Refugees (UNRWA) from operating in territories Israel occupies. In the Gaza Strip, which has been ravaged by a devastating Israeli war for more than a year, UNRWA serves some 1.7 million Palestinian refugees. Omar Al-Qattaa/AFP/Getty ImagesThe agency provides a wide range of aid and services to Palestinian refugees and their descendants, including shelter, healthcare, food and education. It is unclear who would assume assistance for the millions of Palestinian refugees who rely on UNRWA, if it wasn’t able to.

Persons: CNN —, Boaz, Yuli Edelstein, Israel, Antony Blinken, ’, Asma, Omar Al, ”, ” Yulia Malinovsky, Ilia Yefimovich, “, António Guterres, Benjamin Netanyahu, ” Guterres, Guterres, Aida Touma, Suleiman, ” Touma, United Kingdom –, Lloyd Austin, Biden Organizations: CNN, United Nations, UNRWA, UN Relief and Works Agency for Palestine Refugees, Likud, US State Department, UN, Hamas, Israel, West Bank, Getty, Commission, Refugees, UNRWA …, Palestinian, World Health Organization, WHO, UNHCR, US Locations: Israel, Israel …, Gaza, United States, ”, Jordan, Lebanon, Syria, East Jerusalem, Gaza City, AFP, New York, Geneva, Brussels, UNHCR, Jerusalem, El Far’a, Palestinian Territory, Crescent, Israeli, Arab, Canada, Australia, France, Germany, Japan, South Korea, United Kingdom

We've put together everything you need to know about where to watch Love Island Australia, including free streaming options. Arriving on the heels of this summer's new seasons of Love Island USA and Love Island UK, Love Island Australia returns for what the show is billing as the spiciest season ever. Where to watch Love Island Australia in AustraliaLove Island Australia streams on 9Now in Australia. Where to watch Love Island Australia in New ZealandLove Island Australia is available through TVNZ in New Zealand. Where to watch Love Island Australia in the USLove Island Australia streams on Hulu in the US.

Persons: We've, Sophie Monk, ExpressVPN Organizations: Business, Love, Australia, New Zealand Love, TVNZ, Hulu, Love Island Locations: Australia, Australia Love, 9Now, New Zealand, New Zealanders, Love Island Australia

☆ Apple Intelligence is finally here for some as part of the iOS 18.1 software update
▼ + stars: | 2024-10-28 | by ( Jordan Hart | ) www.businessinsider.com time to read: +4 min

Apple rolled out long-awaited AI features to some iPhone and other users with its iOS 18.1 update. The new software is officially available on iOS 18.1, iPadOS 18.1, and macOS Sequoia 15.1, months after the tech giant first announced Apple Intelligence at the Worldwide Developers Conference. These are the Apple Intelligence features out nowApple Intelligence was revealed at Apple WWDC 2024. AdvertisementWith iOS 18.1, Apple said Siri can field typed requests, answer "thousands of questions" about Apple products, and understand context better. AppleTo ensure they get the features, iPhone owners must join a waitlist to request activation of Apple Intelligence.

Persons: Dan Ives, —, Siri, Apple, There's, Tim Cook Organizations: Apple, Apple Intelligence, Service, Sequoia, Worldwide, Wedbush Securities Locations: Australia, Canada, New Zealand, South Africa

☆ Lovisa Sjoberg survives snake bite during days lost in Australia’s Snowy Mountains
▼ + stars: | 2024-10-28 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +3 min

Lovisa Sjoberg, 48, was spotted by rescuers as she walked along a bush trail in Kosciuszko National Park, southwest of the capital Canberra, on Sunday afternoon. New South Wales Police Superintendent Toby Lindsay said Monday she was “fortunate to be alive” after being bitten by a snake, potentially a copperhead. The northern part of Kosciuszko National Park recently reopened to visitors after an annual closure during winter. Wild horses in the Kosciuszko National Park in New South Wales, Australia. SL/iStockphoto/Getty ImagesPlans by the New South Wales National Parks and Wildlife Service (NPWS) to shoot brumbies from helicopters led to a failed legal bid to stop the cull this year.

Persons: Australia CNN —, ”, Lovisa Sjoberg, Toby Lindsay, ” Lindsay, “, Mark Kostich, brumby Organizations: Australia CNN, New South Wales Police, Police, Officers, Kosciuszko National, New South Wales National Parks and Wildlife Service, brumbies Locations: Brisbane, Australia, Kosciuszko, Canberra, New, New South Wales

☆ Israeli MP behind bill to expel key UN agency accuses US of interfering with process
▼ + stars: | 2024-10-27 | by ( Dana Karni | Tim Lister | ) edition.cnn.com time to read: +4 min

The Israeli government has claimed that some of the UN Relief and Works Agency’s (UNRWA) staff are affiliated with Hamas. UNRWA has strongly denied the allegations, but several governments suspended funding for the agency earlier this year while the allegations were investigated. The MP, Yulia Malinovsky, told CNN that US Ambassador Jacob Lew has contacted several opposition leaders, including Avigdor Lieberman, Yair Lapid and Benny Gantz, in an effort to get the legislation stopped. The US State Department told CNN that as a matter of policy, it would not comment on private diplomatic conversations. Malinovsky told CNN that she is determined UNRWA should no longer receive “five-star treatment” in Israel.

Persons: Yulia Malinovsky, Jacob Lew, Avigdor Lieberman, Yair Lapid, Benny Gantz, Daniel Hagari, Nukhba, Israel Katz, Antonio Guterres, “, ’, Antony Blinken, Lloyd Austin, Biden, Malinovsky, ” Malinovsky, UNRWA “, ” Organizations: CNN, UN, West Bank, UN Relief and Works Agency, UN Relief, Hamas, UNRWA, US State Department, West, Israel Defense Forces, US, Canada Locations: Gaza, Israel, West Bank, Lebanon, Jordan, ”, Australia, France, Germany, Japan, South Korea

☆ US election: Britain’s ‘Special Relationship’ with America is getting complicated
▼ + stars: | 2024-10-27 | by ( Rob Picheta | ) edition.cnn.com time to read: +10 min

Trump launched an extraordinary spat with Labour on Wednesday, claiming through a lawyer they had been interfering in the election. But this week’s spat throws renewed scrutiny on the complicated and delicate “Special Relationship” between Britain and America. ‘We’re in a different world’The Trump campaign’s broadside against the Labour Party stunned Westminster this week. But unlike President Joe Biden, Harris’ political career has not been built around foreign policy. It would come down to (Starmer) and to the Labour Party, whether they want it or not.”

Persons: London CNN —, Kamala Harris, Labour’s Keir Starmer, Harris, ” Claire Ainsley, ” Ainsley, Donald Trump, Trump, ” Ed Owen, ‘, Nigel Farage, Liz Truss, Amanda Andrade, Rhoades, Reuters “, ”, Truss, Trump –, “ Harris, Keir, Josh Simons, Josh Freed, Starmer, “, Mike Tapp, ” Simons, Joe Biden, “ She’s, Biden, ” Starmer, Ainsley, ” Ricky Vigil, Owen, ” Tapp, admiringly, Queen Elizabeth II, Freed, Germany’s Olaf Scholz, Australia’s Anthony Albanese, France’s Emmanuel Macron, ” Freed Organizations: London CNN, CNN, Labour, Progressive, Institute, Democratic, Democratic National Convention, NATO, Home Office, Foreign, Trump, Labour Party, Westminster, Conservative Political, Reuters, Republican National Convention, Climate, Democrat, “ Labour, Conservatives, Conservative, Kyiv Locations: Britain, London, Ukraine, America, Maryland, British, Washington, DC, Westminster Westminster, Israel, populists, Russia, United Kingdom

☆ Airline cracks down on ‘gate lice’ who skip the line
▼ + stars: | 2024-10-26 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +4 min

Editor’s Note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. There’s a not-very-flattering term for those exhibiting the behavior: “gate lice.”It might feel harmless, but swarming the gate can lead to congestion, confusion and longer wait times. To tackle the problem, American Airlines is trialing new technology at airports in New Mexico, Arizona and Virginia. Passengers who attempt to board before their assigned group is called will set off an error beep, alerting the gate agent — and also rule-abiding fellow passengers. Of course, you might prefer to organize your trip around another list that dropped this week: the world’s best bars for 2024.

Persons: you’re, —, “ We’ve, ”, “ Max, Mike Grossman, CNN “, ” Erin Tridle’s, Jordan, “, Vlad Dimovski, Iga Olszak Organizations: CNN, American Airlines, Geographic, Airlines, Passengers, ” AA, Heathrow, National Geographic, Electricity, Disney Locations: New Mexico, Arizona, Virginia, New Zealand, Europe, Thailand, Italy, Mexico City, Hong Kong, Barcelona, London, Australia, Greece, Istanbul, Turkish, American, United States

☆ Commonwealth leaders say ‘time has come’ for discussion on UK slavery reparations
▼ + stars: | 2024-10-26 | by ( Story Reuters | ) edition.cnn.com time to read: +3 min

CNN —Commonwealth leaders, ending a week-long summit in Samoa, said on Saturday the time had come for a discussion on whether Britain should commit to reparations for its role in the transatlantic slave trade. The statement also made reference to “blackbirding”, a term for people from places including the Pacific Islands being deceived, coerced or kidnapped to work on plantations in Australia and elsewhere. Those opposed to reparations say countries should not be held responsible for historical wrongs, while those in support say the legacy of slavery has led to vast and persistent racial inequality. The joint statement did not mention what form reparations should take. Stefan Rousseau/Pool/ReutersStarmer told a press conference the joint statement did two things: “It notes calls for discussion and it agrees that this is the time for a conversation.

Persons: Keir Starmer, ”, blackbirding, Stefan Rousseau, Reuters Starmer, we’ve, Kingsley Abbott, Abbott Organizations: CNN, Commonwealth, Government, British, Caribbean Community, African Union, Reuters, Institute of Commonwealth Studies, University of London, Pacific Locations: Samoa, Britain, Australia, Tuvalu

☆ Steven Alderson was bullied at school for being autistic. Decades on, a historic win has made him an Australian national hero
▼ + stars: | 2024-10-26 | by ( Jack Bantock | ) edition.cnn.com time to read: +8 min

Instead, the tide of popular support swelled from the winner’s interview a watery-eyed Alderson gave in the wake of triumph at Real Club de Golf Sotogrande. Fighting back tears, the victor recalled the years of bullying he had endured at school, and even some golf clubs. “Normal people just think people with disabilities are different and they’re probably easier to be bullied and picked on,” Alderson told CNN Sport. “I’ve known Spud for a long time, so I know if he’s having a mini blow-up,” Blucher said. “If you’re being bullied, just do your best to ignore it and be the better person,” he said.

Persons: Steven Alderson, Alderson, Spud ”, Alderson –, ” Alderson, “, Andrew Redington, ”, Callum Ferguson, Alex Ross, LIV, Greg Norman, It’s, caddie Trent Blucher, “ Trent, Blucher, Spud, ” Blucher, ‘, Jon Rahm, Rahm, Isaiah Vazquez, Qatar’s dizzying, it’s, you’re Organizations: CNN, KFC, Estrella Damm NA, Real Club, “, CNN Sport, Golf, LIV Golf Adelaide, The Grange, United Arab Emirates, McLaren, Qatar’s dizzying Hamad International Locations: Australia, Spain, South Australia, Willunga, The, caddie, Sotogrande, Dubai, McLaren Vale, Adelaide, Qatar’s, Qatar’s dizzying Hamad

☆ She connected on Instagram with a guy who lived on the other side of the world. Then they decided to meet up
▼ + stars: | 2024-10-25 | by ( Francesca Street | ) edition.cnn.com time to read: +23 min

She enjoyed seeing snippets of Sunil’s life – flashes of him going out with friends, cooking, working out. “I decided I wanted to book a trip to come to India and meet my friend,” she recalls. Amanda didn’t reply right away. There were more than a few raised eyebrows — many of her loved ones worried things had moved too quickly, that Amanda didn’t really know Sunil. “The pandemic was really, really bad here.”Amid this fear and uncertainty, Amanda and Sunil hunkered down with each other and their dog.

Persons: Amanda Boyce, Sunil Rajput’s, Amanda, Sunil, “, ” Amanda, ”, Sunil wasn’t, she’d, ’, —, Sunil —, Amanda wasn’t, Amanda didn’t, I’m, ’ ”, Amanda’s, Sunil — they’d, Sunil Rajput, Amanda Boyce “, I’d, “ Sunil, ” Sunil, we’ll, Amanda Boyce Amanda, ‘, I’ll, “ I’ve, he’d, Here's Amanda, don’t, Sunil hunkered, “ That’s, ’ Sunil, everything’s, We’re, it’s, they’re, you’re Organizations: CNN, CNN Travel, Indira Gandhi International Airport, ” Locations: Brisbane, Australia, India, Sunil, Sunil — Chandigarh, Chandigarh, Instagram, Delhi, Thailand, Bangkok, Canada, Chandigarh –

☆ Xi undercut the West by negotiating a truce in China's long feud with India
▼ + stars: | 2024-10-25 | by ( Tom Porter | Hannah Abraham | ) www.businessinsider.com time to read: +6 min

China's Xi Jinping negotiated a truce with India's leader, Narendra Modi. AdvertisementAt the BRICS summit in Russia this week, China's leader Xi Jinping and India's Prime Minister Narendra Modi shook hands for the first time in five years. AdvertisementAfter their meeting at the summit hosted by Russia's President Vladimir Putin, Xi and Modi said they would continue discussions on resolving the issue. AdvertisementIn any case, its a setback in US attempts to include India in a deeper security alliance, he said. "For a long time, the US has tried to develop security and defense ties with India," said Panda.

Persons: China's Xi Jinping, Narendra Modi, that's, —, Xi Jinping, Vladimir Putin, Xi, Modi, Jagannath Panda, Putin, Zhiqun Zhu, Zhu, Yawar Nazir, Praveen Donthi, there's, Rahul Bhatia, Donthi, it's Organizations: Service, India's, Russia's, US, Stockholm Center, South, Pacific Affairs, Bucknell University, America, Reuters, Quad Alliance, Getty, Eurasia Group Locations: China, Russia, Washington ,, India, Japan, Australia, United States, Beijing, Asia, Pacific, Indian, Leh, South Asia, Europe, Ukraine, Taiwan

☆ Yen wobbles, vulnerable to political reverberations
▼ + stars: | 2024-10-25 | by ( ) www.cnbc.com time to read: +4 min

Japanese yen banknotes of various denominations are arranged for a photograph in Tokyo, Japan, on July 22, 2015. The yen was last 0.1% lower at 152 per dollar and was looking at a 1.5% loss for the week. The yen has fallen roughly 5.5% for the month thus far, setting it up for its worst monthly decline since April 2022. Against the dollar, the euro last bought $1.08225, some distance away from its low of $1.076125 hit earlier this week. The dollar index last ticked up 0.04% to 104.09, after having scaled a roughly three-month high of 104.57 earlier in the week.

Persons: Ray Attrill, Katsunobu Kato, Janet Yellen, Donald Trump, Nick Rees, Sterling Organizations: of Japan's, Treasury, Liberal Democratic Party, LDP, National Australia Bank, country's Finance, FX, Monex, New Zealand Locations: Tokyo, Japan, Japanese, Germany —

A report from travel news site Skift shows that seven major airlines have retreated from the country in the past four months. Longer flights require more fuel, which make flights more expensive. "Indeed U.S. carriers are making hard but very commercial decisions to drop Chinese services and redeploy the aircraft elsewhere," he said. China airlines' struggleLow demand has also plagued domestic airlines in China. Collectively, Chinese airlines have increased capacity to Europe, compared to pre-pandemic, even though the market and trade flows were much stronger then, said Grant.

Persons: Nicola Economou, John Grant, Grant, It's, Finnair, bauer, haven't Organizations: FIA, FI, British Airlines, Qantas, Nurphoto, Getty, Virgin Atlantic, Scandinavian Airlines, Boeing, OAG, EU, Aaronp, Cape Town, U.S, CNBC, Air China Locations: China, Asia, Hong Kong, Ukraine, United Kingdom, Russia, — Tokyo, Shanghai, Seoul, Bangkok, Delhi, Singapore, Thailand, Beijing, Cape, Sydney, Australia's, Melbourne, Brisbane, Perth, Hong Kong . U.S, Russian, U.S, Europe, Frankfurt

☆ Dollar stands tall on bets for slower Fed cuts, potential Trump win
▼ + stars: | 2024-10-24 | by ( ) www.cnbc.com time to read: +3 min

The U.S. dollar traded close to a three-month high against major peers on Thursday, underpinned by expectations for a slower pace interest rate cuts by the Federal Reserve and growing bets of a possible second Donald Trump presidency. The U.S. dollar traded close to a three-month high against major peers on Thursday, underpinned by expectations for a slower pace interest rate cuts by the Federal Reserve and growing bets of a possible second Donald Trump presidency. This week, Kansas City Fed President Jeffrey Schmid said he would prefer to "avoid outsized moves", and Philadelphia Fed President Patrick Harker backed "a slow, methodical approach" to further easing. The dollar has now "punched through key technical resistance levels" against the yen, "opening the door for higher levels", Catril said. Although opinion polls indicate a neck-and-neck race with Democratic rival, Vice President Kamala Harris, cryptocurrency-prediction exchange Polymarket has seen a sharp rise in bets for a Trump win.

Persons: Donald Trump, Jeffrey Schmid, Patrick Harker, Rodrigo Catril, Catril, Trump, Kamala Harris, Christine Lagarde, Mario Centeno Organizations: U.S ., Federal Reserve, Kansas, Philadelphia Fed, Treasury, National Australia Bank, UST, Republican, Democratic, Trump, of, Traders, European Central Bank, Wednesday Locations: Japan, Sunday's

☆ King Charles and Keir Starmer brace for reparations debate at Commonwealth summit
▼ + stars: | 2024-10-24 | by ( Rob Picheta | Lauren Said-Moorhouse | ) edition.cnn.com time to read: +4 min

London CNN —Britain’s government and King Charles III are bracing for a heated conversation about reparations for the transatlantic slave trade, as the issue looks set to overshadow a summit of Commonwealth leaders in Samoa. UK Prime Minister Keir Starmer told reporters on his journey to the Pacific island nation: “I think we should be facing forward. Successive British governments have resisted calls to formally apologize for the slave trade, or to entertain the prospect of reparations. Britain's Prime Minister Keir Starmer speaks with his Australian counterpart, Anthony Albanese, at a state banquet opening the summit on Thursday. Also in attendance in Samoa is King Charles III, who arrived in the capital of Apia on Wednesday from Australia, and will formally open the summit as head of the organization.

Persons: London CNN —, King Charles III, Keir Starmer, “ I’ve, Patrick Robinson, Anthony Albanese, Stefan Rousseau, Charles, ”, Queen Elizabeth II, Prince William, King Charles Organizations: London CNN, UK, National Archives, Brattle Group, University of West, Court, Britain's, Commonwealth, Reuters Locations: Commonwealth, Samoa, Pacific, Historic England, Caribbean, University of West Indies, Britain, Apia, Australia, British, Kenya, ’, Rwanda, Jamaica

☆ Australian treasurer: We see the China stimulus measures as very positive
▼ + stars: | 2024-10-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAustralian treasurer: We see the China stimulus measures as very positiveJim Chalmers, treasurer for Australia, speaks to CNBC's Karen Tso at the IMF annual meetings in Washington, D.C.

Persons: Jim Chalmers, Karen Tso Locations: China, Australia, Washington ,

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