In the meantime, the Australian dollar is slightly lower as the dollar rally driven by a rise in US Treasury yields. At 0730 AEST on Wednesday, the Australian dollar is worth 80.20 cents, 80.37 cents Tuesday.
WORLD FINANCE UPDATE:
LONDON — Bell Pottinger British arm collapsed after the earthquake, global public relations agency, backed a racist-charged political campaign, in South Africa, which has pushed a client to the exodus.
CUPERTINO — Apple has paid tribute to his late co-founder Steve Jobs for the 10-year anniversary of the iPhone to reveal his last and almost certainly most expensive — new version of the device, the iPhone X.
PORT-AU-PRINCE, the French President, Emmanuel Macron has promised to quickly rebuild the islands in the French Caribbean during a visit intended to allay the anger of his government response to Hurricane Irma, which has killed at least 43 people in the region.
NETWORK TEN — Billionaire Ten Network shareholder Bruce Gordon and Lachlan Murdoch are inventing a fresh takeover bid to put the broadcaster’s creditors, the attorneys for the Ten administrators have said that the Supreme Court.
ASIC The corporate regulator has again denounced the big banks, saying that there are big problems with their culture and conduct that still need to be addressed.
QBE — QBE chief executive John Neal will step down at the end of the year to be replaced by Pat Regan.
DOLLAR AUST — AN increase in the Australian dollar is the economic slowdown in the country’s transition from mining, an economist warns.
ARDENT and The chief executive officer of Ardent Pleasure of the affairs of the UNITED states at the point in the month of November.
RETAIL-DELOITTE — Local consumers are not happy, in spite of a rebound in full-time jobs, growth and wealth gains from housing, and lower retail prices.
CONSUMER ANZ — Consumers have not been this unenthused to make a major family purchase for about two years, and the pessimism about the economic outlook abounds, according to the latest consumer confidence survey.
EVOLUTION — Gold miner Evolution has confirmed that he has received a number of offers for its Edna May gold mine in WA and to determine whether a sale will be in the best interest of the shareholders.
SLATER and GORDON Scores of staff at Slater and Gordon will be affected as the troubled law firm shakes up its Australian operations to reduce costs drastically.