Australia Financial News

31.07 / 03:55

FIVE Reuters Ball Action Fighting show performer A fifth Ashes Test victory is now still possible – on two conditions

Weather and strong batting permitting, Australia have a fighting chance of snatching victory from the jaws of defeat on the fifth and final day of the fifth Test of a thrilling Ashes cricket series.

31.07 / 03:55

Digital Google Apple Tencent stage track Power Reserve Give Reserve Bank power over Google and Apple payments, CBA urges

The Reserve Bank should urgently be handed more powers to curtail the growing influence of technology companies in finance, Commonwealth Bank has urged in its submission to a Treasury review of payments.

31.07 / 02:53

UPS Provident Amazon Action Apple show Asian shares extend gains; wary eye on Japan yields

shares looked to end the month on a firm note on Monday in a week littered with major economic releases, central bank meetings and earnings updates from mega caps Amazon and Apple, though rising Japanese bond yields were a risk. The early impetus for shares was positive following Friday's U.S. data showing an easing in wage costs and core inflation, which fuelled hopes the Federal Reserve was done tightening.

31.07 / 02:19

COST UPS Citi IPO Strategy performer LVX Global kicks off pre-IPO raise; eyes September listing

Smart cities and infrastructure engineering business LVX Global is gearing up to take a run at the bourse, seeking to raise up to $5 million in a pre-IPO capital raising.

31.07 / 01:57

COST Manufacturing NIFTY show Indian US stocks Gift Nifty, rally in Asian markets and US stocks to Japan’s policy tweak - key triggers for Indian stock market today

inflation data from across the region this week. US markets ending higher on Friday also improved sentiment. China is set to release its July purchasing managers index on Monday, while the US ISM surveys on manufacturing and services, the July payrolls report and European inflation due this week will also be eyed.

31.07 / 01:15

UPS Provident BLOCK Dreams PwC Genesis Capital invests in AusTrials; clinical trials M&A heats up

Private equity’s running a fever dream on clinical trials businesses.

31.07 / 01:15

FIVE Parke stage Kerr’s Matildas embrace do-or-die World Cup clash with Canada

The Matildas have their backs to the wall and their Women’s World Cup on the line. But defender Ellie Carpenter reckons that’s just how they like it.

31.07 / 01:15

UPS Provident Target BLOCK Progressive CEO Higher east coast gas prices protect Origin from softer LNG

A jump in east coast gas prices helped offset the impact of declining LNG prices for takeover target Origin Energy, but domestic gas customers still on average paid less than half the rates struck in export markets.

31.07 / 00:55

UPS Provident Amazon Action Apple show Asia shares extend gains; wary eye on Japan yields

By Wayne Cole

30.07 / 19:29

COST UPS CEO Chase Quadrant warms up lenders for Jaybro bolt-ons; talks under way

Quadrant Private Equity is chasing debt investors to stock up on dry powder for its construction supplies business Jaybro, which recently crossed $450 million in annual revenue.

30.07 / 19:29

UPS BLOCK Airlines awards rights Qantas says Sydney Airport is ‘demonising’ it in landing rights stoush

Qantas has accused Sydney Airport of “demonising” its biggest customer after it suggested the country’s largest airline was hoarding landing slots in a bid to prevent competitors from adding more flights to Australia.

30.07 / 19:29

UPS Manufacturing LittleOak seeks $10m from investors as it expands in the US

The LittleOak Company, a New Zealand goat milk infant formula hopeful backed by private equity fund Parc Capital, is in the market to raise $10 million to support an expansion in the United States.

30.07 / 19:15

Microsoft CEO stage country cricket Major League Cricket a big hit on debut

MLC) has made a resounding debut on the international cricketing stage, with most matches seeing record turnout even though the US is not a traditional cricket-playing country. The grand finale — to be played at 6 am Indian Standard Time on Monday — pits Seattle Orcas, co-owned by Microsoft CEO Satya Nadella, against Mukesh Ambani's MI New York at the Grand Prairie Stadium near Dallas.

30.07 / 18:57

Extreme Fox Metro International Rahane pulls out of county stint with Leicestershire as he wants break after international engagements

Rahane will not join English county side Leicestershire as planned earlier as he wants a break from cricket after hectic international engagements, the club said. The 35-year-old Rahane was to join the county club in June but his arrival was pushed back due to increased international commitments. He flew straight to England after the IPL for the World Test Championship final, before heading on India's Test tour of the West Indies this month.

30.07 / 18:57

UPS Target Ball Chase classical Australia needs 249 more runs on final day with 10 wickets left to beat England in 5th Ashes test

Australia needing 249 more runs with all wickets intact to beat England in the fifth Ashes test, setting up a potentially thrilling finish to a classic series. Rain had already frustrated both teams on the fourth day with Australia going to an early tea — which turned into stumps — on 135-0 in its second innings after 38 overs. Australia is chasing a target of 384 — 121 more than the ground record — after quickly dismissing England for 395 in the morning.

30.07 / 17:33

Manufacturing CEO Software Enterprise TCS TCS CEO overhauls business structure

TCS revamps group structure with new CEO New Delhi Tata Consultancy Services (TCS), India’s top software services company, has revamped its organizational structure by creating business groups based on industry sectors and geographies under new chief executive officer and managing director, K. Krithivasan who took charge on 1 June. These business groups such as banking, financial and insurance (BFSI), healthcare, retail and energy, would be led by senior executives appointed with effect from 1 August.

30.07 / 14:43

Lowe's PINK film Actor Mattel Warner Bros ‘This Barbie has a Nobel Prize’: Malala Yousafzai posts quirky tweet on movie outing

Malala Yousafzai donned a pink attire from what seemed like her Barbie movie outing with husband Asser Malik. See the tweet here The movie Barbie released the same day as Christopher Nolan's Oppenheimer on 21 July. The Greta Gerwig directed movie that features Margot Robbie as Barbie and Ryan Gosling as Ken opened to overwhelming response all across the world.

30.07 / 11:25

Provident Career Racing Remark stage Meet Katie Ledecky who shatters Michael Phelps' record for most individual world swimming titles

Olympic champion Katie Ledecky achieved an extraordinary feat on Saturday, surpassing Michael Phelps' record for the most individual world swimming titles. At the World Aquatic Championships in Fukuoka, Japan, Ledecky secured her 16th world title by dominating the 800-meter freestyle, her favored distance, in an impressive time of 8:08.87. This historic victory marked her sixth consecutive win in this event, setting the longest streak ever seen in the championships' history.

30.07 / 11:25

UPS Ball love Australia needs 384 runs to win Ashes; Broad given guard of honour

Stuart Broad was given a guard of honour as he made his way to the wicket for the final time on Sunday but England added just six runs to their total, setting Australia 384 to win the fifth and final Ashes Test. The paceman made a shock announcement on Saturday that he would retire from cricket after the match at The Oval. The 37-year-old seamer is the fifth most successful bowler in Test history, with 602 wickets, so far.

30.07 / 08:25

UPS Career Remark stage star ‘They think they know everything', Kapil Dev sharpens attack against Team India amid Sunil Gavaskar's ego remark

Hardik Pandya who took the helm of the team said that his batters didn't bat the way they were supposed to. Criticism was also seen as senior players like Virat Kohli and Rohit Sharma stayed out of second ODI played yesterday. Amidst this, a big statement has come from the former captain Kapil Dev.

30.07 / 06:59

UPS Twitter Waters Chase Virat Kohli wins heart again as he turns water boy in second ODI vs West Indies

Virat Kohli, who was rested in the second ODI vs West Indies, won hearts of his fans when he turned up as 'water boy' during the drinks breaks. India lost the match to West Indies by six wickets. During the first ODI against West Indies, Kohli was seen giving some batting tips to West Indies opener Brandon King, a gesture that warmed the hearts of his fans.

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