Wall Street falls as virus cases surge

Wall Street falls as virus cases surge

Wall Street’s major indexes have dropped as the United States set a new record for a one-day increase in coronavirus cases and bank stocks fell following the Federal Reserve’s move to cap shareholder payouts. The S&P 500 banks sub-index declined 3.9...
Wall Street falls as virus cases surge

Global stocks, oil up despite virus surge

Markets have showed signs of optimism, with European shares opening higher and oil prices rising despite a record number of new COVID-19 infections in the United States. They rose across the US by at least 39,818 on Thursday, the largest one-day increase of the...
Wall Street falls as virus cases surge

Google to pay some Aust news publishers

Internet giant Google says it has signed licensing agreements to pay for content from several Australian news publishers, as part of a global program. In Australia, Google has drawn up agreements with Solstice Media – publisher of digital news sites InDaily in...
Wall Street falls as virus cases surge

ACCC to appeal rail terminal takeover

The competition watchdog is seeking special leave to appeal to the High Court after the Federal Court green light to Pacific National’s acquisition of the Acacia Ridge terminal in Queensland from rail freight operator Aurizon. The Australian Competition and...