By Byron Kaye and Harish Sridharan (Reuters) -Crown Resorts, the Australian casino operator bought by Blackstone Inc after three damaging inquiries, agreed to pay a A$450 million ($294 million) fine for breaking anti-money laundering laws, a step toward ending its darkest chapter. The company, dominated by billionaire founder James Packer before he agreed to sell…
A look at the day ahead in European and global markets from Vidya Ranganathan U.S. and UK markets return from their long weekend on Tuesday with a touch of ambivalence, happy that the weekend resulted in a U.S. debt ceiling agreement and yet anxious about how the deal will fare in congress. More detail and…
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda said on Tuesday the central bank will patiently maintain its ultra-loose monetary as there is some distance to sustainably achieve its 2% inflation target, downplaying expectations for a policy change in the near-term. “We expect inflation to quite clearly slow below…
(Corrects headline and paragraph 1 to say co reaffirms 2024 capex outlook, not forecasts higher capex) (Reuters) – Qantas Airways on Tuesday reaffirmed its capital expenditure outlook for fiscal 2024 provided in February as the company aims to add to its fleet. Australia’s flagship carrier reaffirmed capital expenditure in 2024 to be between A$3 billion…
TOKYO (Reuters) – Mitsubishi Motors Corp will extend the suspension of its production in China beyond May, the Yomiuri Shimbun daily reported on Tuesday. (Reporting by Elaine Lies; Editing by Christopher Cushing)
TAIPEI (Reuters) – Artificial intelligence means everyone can now be a computer programmer as all they need to do is speak to the computer, Nvidia Corp CEO Jensen Huang said on Monday, hailing the end of the “digital divide”. Nvidia has surged to become the world’s most valuable listed semiconductor company as a major supplier…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Global trading volumes return to more normal levels on Tuesday as U.S. and UK markets re-open after their one-day holidays, with optimism over a U.S. debt ceiling agreement set to support risk assets and lift bond yields and…
MONTREAL (Reuters) – Air Canada’s pilots have agreed to end a decade-long contract framework, opening the door to “full bargaining this summer,” the union representing the carrier’s aviators said on Monday in a note to members seen by Reuters. Air Canada’s pilots have previously said they are pressing for “historic” gains by narrowing the pay…
By Adrianna Ebert GDANSK (Reuters) – Polish games developer CD Projekt is not for sale, its CEO reiterated on Monday, following weekend rumours that the maker of “Cyberpunk 2077” could be targeted by Sony. “Nothing has changed on our end. I can repeat what we’ve been saying throughout the years – CD Projekt is not…
By Laura Matthews, Chibuike Oguh and Herbert Lash (Reuters) -Global investors are gaming out how a tentative deal to raise the United States debt ceiling could ripple through markets, as lawmakers strive to pass the agreement through Congress before a June 5 deadline. A deal to lift the $31.4 trillion debt limit announced by the…
