Nathan Bell, Research Director at Intelligent Investor Share Advisor tells CNBC's Cash Flow that the Qantas board and management need to be cleaned out.» Read More
BEIJING— Global stocks tumbled Friday after tensions over Ukraine mounted and Standard& Poor's cut Russia's credit rating, warning of capital flight and risks to investment due to the crisis. Seoul, India, Singapore and Bangkok also declined.
*Coal tops the list for deaths in energy sector. *Coal also a major polluter. Coal mining is responsible for more fatalities than the production of any other energy source due to poor working conditions in export countries such as China, South Africa, Indonesia and Colombia.
SYDNEY, April 25- The search for missing Malaysia Airlines Flight MH370 is likely to drag on for years, a senior U.S. defence official told Reuters on Friday, as an underwater search for any trace of the plane's wreckage off west Australia appeared to have failed.
LONDON, April 24- Consumer goods giant Unilever opened its first European tea shop in London on Thursday, aiming to cash in on the growing appeal of unusual and luxury cuppas and ignite fresh enthusiasm for the national drink.
First foray for Transurban into Queensland assets. SYDNEY, April 24- A consortium led by Transurban Group, Australia's biggest toll road owner, has won a bid to buy toll firm Queensland Motorways Ltd for $6.6 billion in its first foray into the country's third most populous state.
WELLINGTON, April 24- New Zealand's central bank raised interest rates for the second straight month on Thursday, and signaled it intends to keep tightening policy in the coming months to stay on top of inflation pressures in a booming economy.
WELLINGTON, April 24- New Zealand's central bank raised interest rates on Thursday and signalled that it would keep tightening monetary policy in the coming months as the central bank tames inflation pressures which have been brewing as the country's economy strengthens.
WELLINGTON, New Zealand— With its economy continuing to improve, New Zealand on Thursday raised its benchmark interest rate for the second time in six weeks, to 3 percent.
Soybeans were mixed, with nearby prices pressured by spread trading activity and expectations of more U.S. imports of South American beans amid weak near-term demand from China. Chicago Board of Trade May corn rose 6- cents, or 1.2 percent, to $5.02-1/ 4 a bushel by 11:07 a.m. CDT in a second straight day of gains after sinking to a three-week low on Monday.
NEW YORK, April 23- The U.S. dollar weakened against the euro and yen on Wednesday, undermined by a decline in U.S. equity prices and Treasury yields and finding little support from a slower-than-expected expansion in the U.S. manufacturing sector.
CANBERRA, Australia— Unidentified material that washed ashore in southwestern Australia and is being examined for any link to the lost Malaysian plane is unlikely to have come from the jet, an official said Wednesday.
SYDNEY, April 23- Australia could spawn a new mega gold producer if Barrick Gold Corp and Newmont Mining Corp spin off their Asia-Pacific assets, heating up competition with the country's underperforming market leader Newcrest Mining Ltd..
LONDON, April 23- The Australian dollar sank almost one percent in value on Wednesday after a lower than expected rise in consumer prices appeared to reduce the chances of higher official interest rates this year.
SINGAPORE, April 23- The Australian dollar slid on Wednesday after data showed that Australian consumer prices rose less than expected in the first quarter, lessening the risk of a rise in domestic interest rates this year. Other major currencies were subdued, with the euro edging up 0.1 percent to around $1.3817, while the dollar eased 0.1 percent to 102.55 yen.
TOKYO/ WASHINGTON, April 22- U.S. Trade Representative Michael Froman arrived in Japan earlier than expected on Wednesday, Japanese media, for a last ditch push for a two-way deal seen as crucial to efforts to create one of the world's biggest trade pacts.
CANBERRA, Australia— Australia announced Wednesday that it had increased its order for F-35 Joint Strike Fighters by 58 to 72 to be fully operational by 2023 in a declaration of confidence in the troubled stealth war plane. "This is one of the largest defense purchases that Australia has ever made," Abbott told reporters.
SYDNEY/ WASHINGTON, April 23- Australia will order 58 more F-35 fighter jets built by Lockheed Martin Corp for A $12.4 billion, Prime Minister Tony Abbott said on Wednesday, a purchase that will raise its air combat power to among the world's most advanced.
LONDON- Bank of England will release the minutes of April Monetary Policy Committee meeting- 0830 GMT. HELSINKI- Finnish Prime Minister Jyrki Katainen, Finance Minister Jutta Urpilainen and The Finns Party leader Timo Soini participate in a election debate- 1300 GMT.
SYDNEY/ WASHINGTON, April 23- Australia will announce plans on Wednesday to order 58 more F-35 fighter jets built by Lockheed Martin Corp for A $12 billion, sources in Washington and Canberra told Reuters.
*Brazilian soybeans sold to China head to United States. CHICAGO, April 22- U.S. corn futures jumped on Tuesday as concerns about slow planting progress helped fuel a rebound from sharp losses the previous session, while soybean futures tumbled on increased imports into the United States.