Australian Pallets Maker Brambles Hikes Annual Profit Outlook; Shares Jump

By Harish Sridharan (Reuters) -Australian logistics company Brambles Ltd raised its annual earnings outlook on Friday as it offset cost pressures with product price hikes, sending its shares 7.5% higher in their best session in over nine months. The Sydney-based firm, which owns and rents crates and pallets globally to retailers and consumer goods companies,…

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Boeing Temporarily Halts Deliveries Of 787 Dreamliner Jets -FAA

Boeing Temporarily Halts Deliveries Of 787 Dreamliner Jets -FAA

By David Shepardson and Valerie Insinna WASHINGTON (Reuters) -Boeing Co has temporarily halted deliveries of its 787 Dreamliner jets as the U.S. planemaker conducts additional analysis on a fuselage component, the Federal Aviation Administration (FAA) said on Thursday. Deliveries will not resume until the FAA is satisfied that the issue has been addressed, the agency said….

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Incoming BOJ Chief Ueda Says Current Low Rates Appropriate

Incoming BOJ Chief Ueda Says Current Low Rates Appropriate

(Reuters) – Incoming Bank of Japan (BOJ) Governor Kazuo Ueda said on Friday it was appropriate to maintain ultra-loose monetary policy as inflation has yet to sustainably and steadily meet the central bank’s 2% target. COMMENTARY: SEAN CALLOW, SENIOR CURRENCY STRATEGIST AT WESTPAC, SYDNEY “The skittishness of USD/JPY seems indicative of how scarred investors remain…

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