During this time, the Australian dollar has fallen against a stronger us dollar as investors headed to safe-haven assets. The local currency was trading at 79.37 US cents at 0700 AEST on Tuesday, from 79.59 Monday.
WORLD FINANCE UPDATE:
BRUSSELS â€” Britain will honour its commitments taken upon its accession to the European Union, after it leaves the EU, but this has to be linked to an agreement on the future of economic relations, Britain-in-chief of “brexit” a negotiator said.
LONDON â€” Global accounting firm Deloitte has been hit by a system hack that has resulted in a violation of the confidentiality of the information and plans of some of its biggest customers.
LONDON â€” Uber new boss apologised to Londoners for the taxi from the application of the errors and promised to make changes as he attempts to overturn a decision to strip it of its licence.
DUBAI â€” Dubai staged a test flight for what he said could soon be the first drone of taxi service under an ambitious plan by the United Arab Emirates city to lead the Arab world in terms of innovation.
The PRIME minister MYER â€” angry, Solomon Lew has slammed store Myer, oldest stock, which â€œbelongs to the Salvation Armyâ€ and poor performance, said it cost him $ 33 million on its investment.
The PREMIER INVESTMENTS Retail group Premier Investments has lifted full-year net profit of 1.2% to$ 105.1 million, helped by strong growth in the stationery chain Smiggle and sleepwear chain Peter Alexander.
BANKS at the Summit of the leaders of the banks in Australia may be required to defer a portion of their salary for four years, in the case where a fault is detected, the federal government seeks to step up pressure on the scandal-plagued and unpopular banking sector.
LG ACCC â€” The competition watchdog is appealing after a court rejected the claim that LG Electronics is misleading customers about their warranty rights on the faults of tvs.
The SPACE of the CHINA â€” Executives from major Chinese robotics and technology firms say that the Australia of the new national space agency will provide excellent opportunities for engagement and cooperation between the two countries.
Real estate PRICES, Home sales have increased in all capital cities in the past seven days, marking the busiest week for the auction sales since the end of May, while prices remain flat almost everywhere.