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The last five years have been pretty bruising for Simon McKeon. The prominent board director, philanthropist and 2011 Australian of the Year has been caught up in some of the worst corporate scandals the nation has witnessed in decades. McKeon – whose most recent major appointment was to the board of National Australia Bank – has enjoyed a glittering business […]
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FILE PHOTO: A collection of bitcoin (virtual currency) tokens are displayed in this picture illustration taken Dec. 8, 2017. REUTERS/Benoit Tessier/Illustration/File Photo(Reuters) – Bitcoin dropped 5.84% to $43,418.02 on Sunday, losing $2,691.96 from its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, has fallen 25.6% from the year’s high of $58,354.14 on Feb. 21. Bitcoin’s price soared this year […]
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DUBAI (Reuters) – Saudi Aramco has asked banks to extend by a year a $10 billion loan it raised last May, two sources familiar with the matter said, suggesting that rebounding crude prices are not pushing the oil giant to reduce debt for the time being.FILE PHOTO: An Aramco employee walks near an oil tank at Saudi Aramco’s Ras Tanura […]
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Slideshow ( 5 images )BANGKOK (Reuters) – Thai police used tear gas and water cannon against protesters marching on a military base in Bangkok on Sunday to call for King Maha Vajiralongkorn to give up direct command of the army unit housed there. Protesters threw bottles at police and marched right up to a barricade of shipping containers and barbed […]
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LONDON (Reuters) – British finance minister Rishi Sunak said on Sunday he would not rush to fix the public finances as he readied a budget plan which will pile more borrowing on top of almost 300 billion pounds ($418 billion) of COVID-19 spending and tax cuts.FILE PHOTO: Britain’s Chancellor of the Exchequer, Rishi Sunak, leaves a television studio in London, […]
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JERUSALEM (Reuters) – Israeli defence minister Benny Gantz said on Saturday his “initial assessment” was that Iran was responsible for an explosion on an Israeli-owned ship in the Gulf of Oman.FILE PHOTO: Israeli Defense Minister Benny Gantz attends a cabinet meeting of the new government at the Chagall Hall in the Knesset, the Israeli Parliament in Jerusalem May 24, 2020. […]
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WASHINGTON (Reuters) – The International Monetary Fund on Friday said it would propose ways to improve the transparency and accountability of how its Special Drawing Rights are used, a key U.S. demand for its support of a new issuance of the IMF’s own currency.FILE PHOTO: The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., […]
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FILE PHOTO: Overhead power lines are seen during record-breaking temperatures in Houston, Texas, U.S., February 17, 2021. REUTERS/Adrees LatifHOUSTON (Reuters) – Troubled Texas power grid operator ERCOT on Friday said $2 billion in charges for power and services went unpaid, according to an official notice, signaling the financial fallout from high electricity rates is spreading to utilities. It will cover […]
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(Reuters) – The head of Canada Pension Plan Investment Board (CPPIB), Mark Machin, has resigned after his trip to the United Arab Emirates for vaccination against COVID-19 flouted Canadian government’s travel advice and drew criticism.FILE PHOTO: Mark Machin, President and CEO, Canada Pension Plan Investment Board, speaks at the 2019 Milken Institute Global Conference in Beverly Hills, California, U.S., April […]
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FILE PHOTO: Vials labelled “COVID-19 Coronavirus Vaccine” are placed on dry ice in this illustration taken, December 4, 2020. Picture taken December 4, 2020. REUTERS/Dado Ruvic/File PhotoNEW YORK (Reuters) – The United Nations Security Council on Friday demanded that all parties to armed conflicts engage immediately in a “durable, extensive, and sustained humanitarian pause” to allow for COVID-19 vaccinations. The […]
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