Australia Financial News

Investing.com-- Oil prices moved little in Asian trade on Monday after a strong run-up over the past week, with traders now hunkering down before a string of key central bank meetings this week helmed by the Federal Reserve.

By Wayne Cole

By Melanie Burton

SYDNEY (Reuters) — Uber (NYSE:UBER) has agreed to pay A$271.8 million ($178.3 million) to settle a lawsuit in Australia brought by taxi operators and drivers, who alleged they lost income when the ride-hailing company moved into the country, a law firm said on Monday.

Hindustan Times. The entire incident was caught on CCTV camera inside Hotel Jagadamba near Indapur on the Pune-Solapur Highway. According to the police, the deceased was identified as Avinash Dhanve, a property dealer, and had multiple criminal cases against him. Police added that his murder was likely to be a fallout of a gang war.

Russian Elections 2024: President Vladimir Putin is all set to win a fifth term in office and tighten his grip on power with no real challengers in the Russian Elections 2024. The voting, which started on Friday witnessed occasional signs of protests as some voters vandalized the ballot box or filled them with ink in their solidarity with Alexei Navalny, the most vociferous critic of Vladimir Putin, who died in an Arctic prison last month. The Russian Elections 2024 are coming just two years after Vladimir Putin started the biggest conflict in Europe since World War II when he invaded Ukraine.

Royal Challengers Bangalore or second-time finalists Delhi Capitals, the women are set to give a lesson or two in finishing. 16 seasons of the Indian Premier League and two of the Women’s Premier League, and RCB and DC (erstwhile Delhi Daredevils of IPL) are yet to cross the chasm and sip from the victory cup. Meg Lanningled DC have never let currently Smriti Mandhana-led and Ellyse Perrydriven RCB get the better of them in WPL. It seems it might boil down to the better Australian who wins it. Take Perry’s 66 out of RCB’s Eliminator efforts against the 2023 champions Mumbai Indians on Friday and they would not have recovered from a 49/4 situation. A target of 136 is not a winning one in T20, but it did prove to be defendable. Skipper Mandhana was all smiles and praises for the 33-year-old two World Cups and six T20 World Cups-winning cricketer-footballer Australian.

the sudden plunge of a LATAM Airlines plane flying to New Zealand. Boeing said Friday it recommended that airlines inspect the cockpit seats the next time they perform maintenance on their 787s. The aircraft manufacturer pointed to instructions that include how to disable motors that move the seats.

Bitcoin extended a retreat from its latest record high amid an intensifying debate about whether the bull run in cryptocurrencies is evidence of speculative froth in global markets.

Champions Trophy in Pakistan remains an option as India's participation cannot be decided by the ICC if there is a government policy against it, a source in the governing body's all-powerful executive board told PTI on Friday. The ICC board meeting is currently underway in Dubai. The Champions Trophy, which will be held in February-March 2025, is not on the agenda but newly-elected PCB chairman Mohsin Naqvi has stated that he wants to speak with his BCCI counterpart Jay Shah as well as ICC bigwigs on the sidelines, seeking some kind of assurance. However, an ICC Board member, who is privy to the developments, feels that any decision by BCCI, will only be taken closer to the tournament and once again, the idea of using UAE as a potential venue cannot be entirely discarded.

Britain’s high court has ruled that an Australian computer scientist is not, as he claimed, the mysterious creator of the bitcoin cryptocurrency

Shares have retreated in Europe and Asia after a mixed batch of data on the U.S. economy dashed hopes that easier interest rates are coming soon

Rescuers say falling rocks inside a gold mine in Australia killed one worker and left another with life-threatening injuries

Investing.com-- Most Asian stocks fell sharply on Friday as hotter-than-expected U.S. inflation readings spurred more concerns over higher-for-longer interest rates, with a barrage of upcoming central bank meetings coming squarely into focus.

Indian travellers are buckling up for a sizzling summer season this year with early indicators from travel companies suggesting exponential demand. Bookings for the country's peak summer period of April-June are already 30-40% higher compared to last year. Officials at domestic airlines told ET that while Indians will be out in full force for the summer season, an inadequate number of flights is likely to trigger a spike in air fares. At online travel company Cleartrip, international flight bookings for the April to June period are 37% higher compared to the same period last year, said Gaurav Patwari, vice president for air category.

Shortly after he was elected Canada’s 23rd prime minister, Justin Trudeau gathered the country’s top pension officials in a conference room in downtown Toronto for a roundtable discussion on infrastructure. To most in attendance that day in November 2016, the government’s intention was clear.

UK Judge James Mellor has rejected Craig Wright’s claims of being Satoshi Nakamoto, the elusive creator of Bitcoin, in a recent verdict. 

IndiGo on Thursday announced introducing 11 new connections under its extended codeshare agreement with Australia’s national airline, Qantas Airways, starting from March 31, 2024. «With ticket sales going live from March 12, 2024, IndiGo customers can now fly across major tourist and economic hubs in Australia, from Sydney and Melbourne to Adelaide, Brisbane, Canberra, Gold Coast, and Perth,» the company said in a press note. With the new codeshare connections, customers will be able to continue their journey within Australia on Qantas-operated domestic flights to three additional cities— Adelaide, Canberra, and Gold Coast. It will also provide Indian tourists as well as business and leisure travellers with more options to explore destinations across Australia, especially during the upcoming summer season.

By Naveen Thukral

An Atlantic Council study published Thursday showed that 134 countries, or 98% of the global Gross Domestic Product (GDP), are currently exploring a central bank digital currency (CBDC). This number has surged from just 35 since May 2020.