: As they ponder who should govern the nation, Australians should demand budget repair, instead of leaving public finances dangerously exposed.: Economists warn that leveraging extra cash from pension balances into housing will push up mortgage debt – and the marketRetailers such as Walmart, Home Depot and Target are due to report quarterly results this week.
The world’s largest burger chain, which owns about 84 per cent of its nearly 850 restaurants in Russia, will take a related non-cash charge of up to $US1.4 billion following its sale.JetBlue Airways is not taking no for an answer in its quest to buy rival Spirit Airlines, launching a hostile all-cash takeover bid, two weeks after the ultra-low-cost carrier rejected an offer from its larger rival.
Starbucks will reimburse US employees if they must travel more than 100 miles from their homes to obtain an abortion, according to a memo sent to employees.The pan-European STOXX 600 index closed flat, after posting its first weekly gain in five on Friday.Industrial stocks were the biggest drags, while luxury firms, which derive a chunk of their demand from China, fell with Louis Vuitton-owner LVMH down 1.1 per cent.bought a 9.8 per cent stake in the company.
The CSI300 index fell 0.8 per cent to 3956.01 at the end of the morning session, while the Shanghai Composite Index lost 0.5 per cent to 3068.48.The Hang Seng Index dropped 0.4 per cent to 19,825.12 points. The Hong Kong China Enterprises Index lost 0.5 per cent to 6773.78.On the Singapore Exchange, the most-active June contract for iron ore climbed 1.3 per cent to $US128.60 a tonne by 0315 GMT.