SYDNEY (Reuters) – Australia’s labour regulator cleared the way for strike action at Chevron’s Wheatstone platform if workers vote in favour of such a step, fuelling concerns the country’s exports could be cut. The Fair Work Commission last week ruled workers at Chevron’s downstream Wheatstone facility and its Gorgon facility can ballot workers for strike…
By Ali Sawafta, James Mackenzie and Suleiman Al-Khalidi JENIN, West Bank (Reuters) – Sitting in a bullet-scarred building in the city of Jenin, two fighters from Islamic Jihad – a militant group funded by Iran – celebrated what they said was a victory for Palestinians over the biggest Israeli operation in the West Bank in…
By Yoruk Bahceli (Reuters) – Financial markets barely flinched when Fitch stripped the United States of its top credit rating, but it served as a reminder of longer-term structural risks investors in government bonds are yet to grasp. The immediate focus in the aftermath of the Aug. 1 downgrade has been on U.S. governance, but…
By Paritosh Bansal (Reuters) – Fund managers are worried the Biden administration’s move to restrict some outbound U.S. investment to China will further fuel anti-Beijing sentiment in Washington and prompt more limitations. The executive order regulates U.S. investments in China in sensitive technologies. Investors, advisers and an administration official said it is tailored around national…
By Sinead Cruise and Carolina Mandl LONDON/NEW YORK (Reuters) – Global investors are losing confidence in securities linked to shares of companies in the world’s geopolitical hot spots, investors and analysts said, after Moscow moved to de-list Russian depositary receipts from foreign exchanges in retaliation for Western sanctions over the war in Ukraine. Moscow’s actions…
(Reuters) – Russia sent a task force to oversee cleanup of parts of the country’s Far East on Sunday after Typhoon Khanun passed through the Primorye region, the emergencies ministry in Moscow said. Russia’s TASS news agency quoted the ministry as saying the number of flooded homes stood at 4,368 while 5,654 adjoining plots and…
A look at the day ahead in European and global markets from Wayne Cole. It’s been a nervy start to the week in Asia as concerns about China’s debt-laden property sector take a toll on stocks and the yuan, which hit its lowest in a month despite a strong fix from the PBOC. Chinese blue…
CARACAS (Reuters) – Venezuela’s top prosecutor launched an investigation on Sunday into death threats against a presidential candidate, as fears of political violence in the region have risen following last week’s assassination in Ecuador. Attorney General Tarek Saab wrote in a post on social media platform X, formerly known as Twitter, that human rights prosecutors…
By Selena Li HONG KONG (Reuters) – U.S. bank Citigroup has completed the sale and migration of its Taiwan consumer businesses to Singapore’s DBS Group, it said on Monday. The now transferred retail business includes retail banking, credit card, mortgage and unsecured lending businesses, as well as the transfer of close to 3,000 employees. The…
SYDNEY (Reuters) – Qantas on Monday unveiled plans for some aircraft to carry special livery supporting recognition of Aboriginal and Torres Straits Island people in Australia’s constitution, stepping into the divisive debate on Indigenous rights. Australians will vote in a landmark referendum later this year on whether they support altering the constitution to include a…
