Australia Financial News
22.09 / 17:51
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Quad foreign ministers meet on the sidelines of UN General Assembly session
climate change and clean energy supply chains, and on infrastructure through the Quad Infrastructure Fellowships Program and the Quad Partnership for Cable Connectivity and Resilience," said the joint readout of the meeting. “We continue to advance the development of a secure and trusted telecommunications network with a network modernization project and Open Radio Access Network deployment in Palau, progress on Quad cybersecurity initiatives — and explore avenues to share Earth Observation data to monitor extreme weather events and support climate adaptation.
22.09 / 17:00
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Who are Rupert Murdoch's children? What to know about the media magnate's successor and family
Media magnate Rupert Murdoch is stepping down as the leader of both Fox News’ parent company and his News Corp media holdings, with his son, Lachlan, set to take his place
22.09 / 16:59
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Labor unions say they will end strike actions at Chevron's three LNG plants in Australia
Labor unions say they will end disruptive strike actions at Chevron Corp.'s liquefied natural gas plants in Australia that provide more than 5% of global LNG supplies
22.09 / 16:59
22.09 / 16:59
22.09 / 16:59
22.09 / 16:39
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India beat Australia by five wickets in series opener
India to a five-wicket win over Australia in the first ODI of the three-match series in Mohali on Friday. Chasing a target of 277, Gill slammed 74 off 63 balls, while Gaikwad made 71 off 77 as India overhauled the target with eight balls to spare, reaching 281 for five. Skipper KL Rahul (58 not out) and Suryakumar Yadav (50) also struck fifties each. Earlier, in their first innings, Australia managed to score 276 runs, after Pacer Mohammed Shami got the second five-fer of his career to the visitors in check. Australia started off on a shaky note as Mitch Marsh could not contribute much and departed in the very first over. David Warner and Steve Smith steadied the ship with a decent partnership.
22.09 / 15:47
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Best Forex Brokers of 2023 Revealed: Vantage FX Secures 66th Spot
best Forex brokers of the season. TradersUnion.com's analysts invest significant effort in providing precise rankings, aligning with the finance portal's mission to deliver comprehensive and impartial reviews of global Forex brokers with the purpose of providing enhanced trading experiences. Since 2010, Traders Union has earned the trust of millions of traders worldwide, establishing itself as a premier source of market information.
22.09 / 15:31
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Respect for sovereignty & territorial integrity underpin development of Indo-Pacific, say Quad foreign ministers
sovereignty and territorial integrity underpin the development of the Indo-Pacific region and expressed serious concern on the militarisation of disputed features, the dangerous use of coast guard and maritime militia vessels, and efforts to disrupt other countries' offshore exploitation activities. The Quad or the Quadrilateral coalition is a plurilateral framework comprising India, Australia, Japan and the US formed in 2017 to counter China's aggressive behaviour in the Indo-Pacific region. Foreign ministers of the four-nation bloc — External Affairs Minister S Jaishankar, US Secretary of State Antony Blinken, Australian Foreign Minister Penny Wong and Japanese Foreign Minister Kamikawa Yoko — met on the margins of the high-level 78th session of the UN General Assembly for the Quad Foreign Ministers' meeting and reaffirmed their commitment to uphold the principles of the UN Charter. «We reaffirm our conviction that international law, respect for sovereignty and territorial integrity, and the maintenance of peace and security in the maritime domain underpin the development and prosperity of the Indo-Pacific,» a joint readout of the Quad Foreign Ministers' meeting said. The ministers emphasised that disputes should be resolved peacefully and in accordance with international law, without threat or use of force. «We emphasise the importance of adherence to international law, particularly as reflected in the United Nations Convention on the Law of the Sea (UNCLOS), to address challenges to the global maritime rules-based order, including with respect to maritime claims, and in the South and East China Seas,» they said in the joint statement. The ministers emphasised the importance of maintaining freedom of navigation and
22.09 / 12:41
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'Five-star' Mohammed Shami shows his class as India restrict Australia to 276
Mohammed Shami displayed his artistry with impressive figures of 5 for 51, reminding all and sundry of his skills while helping India restrict Australia to 276 in the first ODI here on Friday. Shami, who doesn't seem to feature in India's first XI plans for the World Cup, literally made a statement with his second five-wicket haul in ODIs. His performance also put tremendous pressure on the weakest link among pacers Shardul Thakur (0/78 in 10 overs), who has been selected in the 15, primarily due to his batting skills. Shardul would consider himself unlucky that Shreyas Iyer dropped a dolly at mid-off when David Warner had hardly got off the blocks. In conditions conducive for batting, India skipper KL Rahul opted to bowl and Shami was literally unplayable in his opening spell, and then came back to remove a set Steve Smith (41 off 60 balls) in a short second stint, to disturb the visiting team's momentum. Stockily built wicketkeeper Jos Inglis (45 off 45 balls) and Marcus Stoinis (29 off 21 balls) added 62 runs for the sixth wicket to take Australia past 250-run mark but it was certainly below par as Shami got Stoinis in the nick of time to put the brakes on their scoring. Warner (52 off 53 balls), Smith and Marnus Labuschagne (39 off 49 balls) all got starts but the lack of conversion did hurt the Aussies on a day when the Indian bowling unit was supremely effective without being exceptional. All eyes were trained on Ravichandran Ashwin (1/47 in 10 overs) and he did find his rhythm in the second spell after looking rusty during the first spell.
22.09 / 09:33
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The Proxperts unveils plans to boost MSMEs, contribute to 'Make in India' initiatives
The Proxperts has announced its expansion plans aimed at empowering MSMEs (Micro, Small, and Medium Enterprises) across the country. The business consulting company headquartered in Surat, Gujarat plans to support manufacturing companies in India and contribute towards 'Make in India' initiatives, The Proxperts says that it is planning to inspire 100,000 business owners thereby transforming 1000 business enterprises to create an impact of good profit for them by 2030. The Proxperts' expansion encompasses two pivotal facets:Online Consultation Model: The Proxperts plans to harness the power of technology to provide consulting services online.Franchise Model: The Proxperts is introducing a franchise model to expand their footprint into diverse regions, starting with Rajkot and Jamnagar in Gujarat, and Mumbai with other Tier-2 cities in Maharashtra.
22.09 / 09:15
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The winners and losers from a News Corp regime change
The moment the statement went online, there were those within the News Corp empire whose professional stars rose and those whose stars fell. At least on paper, Rupert Murdoch will step back from daily management of News Corporation to become chairman emeritus, to be replaced by Lachlan Murdoch.
22.09 / 09:05
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cricket
Cricket legend Vijay Hazare's home, Pushpakoot, to be demolished in Vadodara
Vijay Hazare is very famous. His contributions to the sport and his remarkable innings are etched in memory. And now, a piece of his legacy is under threat as the iconic "Pushpakoot," once the residence of the late cricket legend in Vadodara, faces the prospect of demolition, a TOI report stated. Back in 1947-48, during India's first-ever tour of Australia, Hazare showcased his batting prowess by scoring an impressive 145 in the second innings, while six of his teammates failed to make any mark.
22.09 / 08:41
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Asia stocks find footing, yen slides as BOJ holds the line
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22.09 / 08:33
22.09 / 07:57
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US billionaire snaps up Aussie engineering firm for $900m
Resource Capital Funds has sold engineering and consulting firm Ausenco for about $900 million in a deal with a US billionaire and private equity firms looking to boost their exposure to battery minerals and energy transition.
22.09 / 07:57
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Sky News
Rupert Murdoch hailed as Australia’s ‘most influential’ businessman
Rupert Murdoch has been lauded as this country’s “most talented and influential” business figure after the Australian-born global media baron retired from the front lines of his empire after seven decades in charge.
22.09 / 07:57
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EnergyAustralia failed customers on lowest price information: ACCC
Big retailer EnergyAustralia is facing millions of dollars in potential fines after the corporate regulator alleged it failed to provide simple price information to customers so they could compare offers with other providers.
22.09 / 07:19
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Paine Schwartz wins over Costa board with cut-price $1.5b offer
The board of Australia’s largest fruit and vegetable company, Costa Group, has agreed to a cut-price $1.5 billion takeover offer from a consortium headed by private equity firm Paine Schwartz Partners.
22.09 / 07:19
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Qantas to spend big on restoring reputation
Qantas chief executive Vanessa Hudson says the airline will spend hundreds of millions of dollars shoring up its reputation with customers after months of acrimony over poor performance and high airfares, but acknowledged the extra spending will come at a cost to the company’s profits.
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