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Australian shares follow global peers higher after dovish Fed comments

* Banks stocks gain most on ASX, energy also rises * Vocus shares plunge after suitor EQT withdrew bid * Dacian Gold sinks on outlook cut (Updates to close) By Devika Syamnath June 5 (Reuters) – Australian shares finished higher Read more ›

Australian shares end in red as trade war bites risk appetite

* Commodity stocks most hit on ASX * Lynas reverses to end down, U.S. prepares for China’s rare earths threat * NZ’s Fonterra at all-time low as dry weather hits milk output (Updates to close) By Devika Syamnath May 30 Read more ›

Countrywide warns on earnings as Brexit bites

April 30 (Reuters) – Countrywide Plc said uncertainty around Britain’s impending exit from the European Union had hit residential and commercial property markets, prompting the nation’s largest estate agent to warn of a shortfall in its first-half earnings. Countrywide said Read more ›

Investors revolt against executive pay plans at tarnished Australian banks

SYDNEY (Reuters) – Shareholders voted against the executive remuneration plans of two of Australia’s biggest banks on Wednesday following misconduct revelations that have swept through the country’s financial sector. A man walks past ATM machines at a National Australia Bank Read more ›

U.S. office vacancy rate remains flat in third quarter – Reis

(Reuters) – U.S. office vacancy rate was unchanged at 16.6 percent in the third quarter, according to real estate research firm Reis Inc (REIS.O). FILE PHOTO: A worker repositions himself as he repairs a window at an office tower in Read more ›

Tesla shares jump on Model 3 numbers, Musk deal

(Reuters) – Shares of Tesla Inc (TSLA.O) jumped by almost 18 percent on Monday as Chief Executive Elon Musk settled a lawsuit that had threatened to force him out and said a surge in third-quarter production had driven it to Read more ›

Fears for Musk’s future sink Tesla shares

(Reuters) – Shares of Tesla Inc (TSLA.O) dived 13 percent in early trading on Friday as Wall Street worried a lawsuit from U.S. regulators could force Chief Executive Elon Musk to step down and make it difficult for the loss-making Read more ›

Harris Corp to build core processor for Lockheed’s F-35 jet

(Reuters) – Lockheed Martin Corp’s (LMT.N) aeronautics unit said on Thursday an important processor of its F-35 fighter jet will be built by Harris Corp (HRS.N), reducing the device’s cost by 75 percent. FILE PHOTO – Trade visitors are seen Read more ›

U.S. fintech Stripe valued at $20 billion in latest funding round

(Reuters) – U.S. payments firm Stripe said on Wednesday it has raised $245 million in a new round of funding, valuing the company at $20 billion. Stripe will use the funds to improve its key areas, including rapidly expanding its Read more ›

MPs criticise RBS and Barclays for online banking outages

(Reuters) – Royal Bank of Scotland (RBS.L) apologised for outages that hit its online and mobile banking services on Friday, the latest in a string of such failings at British banks which have drawn criticism from customers and members of Read more ›