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Australian regulator loses court battle against wealth manager IOOF

3 days ago DieselGasoil Comments Off on Australian regulator loses court battle against wealth manager IOOF
SYDNEY (Reuters) – Australia’s banking watchdog lost a key case against IOOF after a court ruled the wealth manager did not breach pension industry laws, marking a second setback in as many months for financial regulators looking to clamp down on misconduct in the country. The Australian Prudential Regulation Authority (APRA) has failed to demonstrate Read More

Australian students kick off global climate strike with message for government: Do your job

3 days ago DieselGasoil Comments Off on Australian students kick off global climate strike with message for government: Do your job
SYDNEY (Reuters) – Thousands of school students walked out of their classrooms and onto Australian streets on Friday to kick off a global strike demanding world leaders gathering for a UN Climate Action Summit adopt urgent measures to stop an environmental catastrophe. Protesters with placards participate in The Global Strike 4 Climate rally in Sydney, Read More

Shares inch higher after Fed cut; BOJ, SNB, BoE keep powder dry

3 days ago DieselGasoil Comments Off on Shares inch higher after Fed cut; BOJ, SNB, BoE keep powder dry
LONDON (Reuters) – World share markets and bond yields nudged modestly higher on Thursday as the U.S. Federal Reserve’s second interest rate cut of the year and promises of support from other top central banks kept global recession jitters at bay. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of Read More

New York extends lead over Brexit-hit London in finance: center poll

3 days ago DieselGasoil Comments Off on New York extends lead over Brexit-hit London in finance: center poll
LONDON (Reuters) – New York has extended its lead as the world’s top financial center, with London barely holding on to second place ahead of Hong Kong as uncertainty over Brexit takes its toll on the UK capital, a Z/Yen Group survey for 2019 showed on Thursday. FILE PHOTO: The midtown Manhattan skyline is seen Read More

Exxon puts $15 billion of global assets up for sale

4 days ago DieselGasoil Comments Off on Exxon puts $15 billion of global assets up for sale
By James Thornhill on 9/19/2019 SYDNEY (Bloomberg) –Exxon Mobil Corp. is again trying to sell its oil and gas operations in southeast Australia as part of a move to shed assets and boost shareholder returns. The U.S. supermajor “will be testing market interest” for global assets, including what it operates in Australia, the company said Read More

New York extends lead over Brexit-hit London in finance center poll

4 days ago DieselGasoil Comments Off on New York extends lead over Brexit-hit London in finance center poll
LONDON (Reuters) – New York has extended its lead as the world’s top financial center, with London barely holding on to second place ahead of Hong Kong as uncertainty over Brexit takes its toll on the UK capital, a Z/Yen Group survey for 2019 showed on Thursday. FILE PHOTO: The midtown Manhattan skyline is seen Read More

Asian shares turn lower on guarded Fed, yen rises after BOJ

4 days ago DieselGasoil Comments Off on Asian shares turn lower on guarded Fed, yen rises after BOJ
TOKYO (Reuters) – Asian shares turned lower on Thursday after the U.S. Federal Reserve cut interest rates as expected but signaled a higher bar to further policy easings. FILE PHOTO: A man sits in front of a screen displaying stock information at a brokerage house in Jinhua, Zhejiang province, China August 2, 2019. REUTERS/Stringer Treasury Read More

Asian shares edge higher after Fed, investors await BOJ

4 days ago DieselGasoil Comments Off on Asian shares edge higher after Fed, investors await BOJ
TOKYO (Reuters) – Asian shares edged higher on Thursday, tracking some modest Wall Street gains after the U.S. Federal Reserve cut interest rates as expected but offered mixed signals on the next easing, keeping investors cautious. FILE PHOTO: A man sits in front of a screen displaying stock information at a brokerage house in Jinhua, Read More

Italian soldier stabbed in throat by attacker who reportedly shouted ‘Allahu Akbar’

5 days ago DieselGasoil Comments Off on Italian soldier stabbed in throat by attacker who reportedly shouted ‘Allahu Akbar’
An Italian soldier was stabbed in the throat by an assailant who reportedly shouted “Allahu Akbar” outside the Central Station in Milan on Tuesday. The alleged stabbing took place at approximately 10:45am local time. The soldier was struck in the neck and shoulder during the frenzied assault, Milano Todayreports. The attacker fled the scene in Read More

Fiji PM calls for Australia to ‘unite behind the science’ of climate change

6 days ago DieselGasoil Comments Off on Fiji PM calls for Australia to ‘unite behind the science’ of climate change
SYDNEY (Reuters) – Fiji Prime Minister Frank Bainimarama called on Monday on Australia to “unite behind the science” and be far more ambitious in reducing greenhouse gas emissions that cause climate change. Prime Minister of Fiji and COP 23 President Frank Bainimarama speaks during the COP24 UN Climate Change Conference 2018 in Katowice, Poland December Read More