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If you think Australia’s property bubble is bad, look at what’s happening overseas.
Ben Zobrist is seeking $6 million in damages amid claims that his former pastor was sleeping with his wife and defrauding his charity.
The leave scheme will be an Australia-first.
Brazilian President Jair Bolsonaro on Monday told a journalist who questioned his frequent refusal to wear a mask to "shut up" and called Globo Group, the country's largest media conglomerate, "shitty."
(Bloomberg) -- Brent oil hit $75 a barrel for the first time in more than two years amid signs of a rapidly tightening market.Futures in London edged above that mark in early Asian trading after rising 1.9% in the previous session, the most in four weeks. The market continues to firm in a bullish structure, with one timespread for West Texas Intermediate expanding to the widest backwardation in seven years. Genscape Inc. reported stockpiles at the key American storage hub of Cushing fell again l
(Bloomberg) -- The bipartisan group of senators trying come up with an infrastructure compromise say they are moving closer to agreement on a proposal but are still wrangling with how to pay for their plan in the face of White House opposition to indexing the gasoline tax to inflation.Rob Portman, an Ohio Republican and one of the leaders of the group, said Monday the senators are requesting a meeting with White House officials on Tuesday and plan to draw up a “fleshed out” framework for a propo
A small Texas investor who caused shares of a real estate investment trust to plunge 39 percent in a day has agreed to pay the company restitution to settle a lawsuit against him, a rare development that could embolden other companies to pursue such claims. Quinton Mathews, who published his research on companies online under the pseudonym Rota Fortunae, will pay Farmland Partners Inc "a multiple" of the profits on his short bet in 2018, according to the terms of the legal settlement announced https://twitter.com/RFortunae/status/1406807986232770562/photo/1 late Sunday. Mathews conceded that "many of the key statements" in a report https://seekingalpha.com/article/4186457-farmland-partners-loans-to-related-party-tenants-introduce-significant-risk-of-insolvency he published on website Seeking Alpha targeting Farmland - including allegations of dubious related-party transactions and the risk of insolvency - were wrong.
World 800m champion Donavan Brazier suffered a sensational upset at the US Olympic track and field trials in Oregon on Monday, finishing last in a shock final won by Clayton Murphy.
(Bloomberg) -- President Joe Biden met Monday with two moderate Democratic senators crucial to his massive infrastructure proposal as well as voting rights legislation even as his party’s progressives complain that he’s giving away too much in pursuit of elusive compromise.Joe Manchin of West Virginia and Kyrsten Sinema of Arizona had separate afternoon sessions with the president, according to a White House official.Biden and Manchin, the person said, discussed voting rights and how to advance
Migrant children sent to emergency shelters within the United States reported crowded living conditions, spoiled food, lack of clean clothes and struggles with depression, according to 17 testimonials filed in a court case on Monday. The children, aged nine to 17 and largely from Guatemala, Honduras and El Salvador, in some cases spoke of waiting for months inside emergency shelters overseen by the U.S. government while struggling with the conditions, including trouble sleeping under bright lights and an inability to connect with family members.
(Bloomberg) -- Global banks including HSBC Holdings Plc and Standard Chartered Plc are ramping up hiring to tap into China’s latest market opening -- a new investment link with Hong Kong that could yield almost $500 million a year in fees.The investment scheme will allow bank customers in nine southern Chinese cities such as Shenzhen to invest across the border in Hong Kong and vice versa, further integrating the $1.7 trillion Greater Bay Area economy.The “Wealth Connect” plan, set to launch in
A TikTok user has taken to the app to share what went wrong when she put in a Click and Collect order with Coles. See what happened here.
U.S. President Joe Biden held separate talks on Monday with two key Democratic senators about a bipartisan infrastructure plan and told them he was encouraged by the proposal but still had questions about how to pay for the bill, the White House said. A bipartisan infrastructure plan costing a little over $1 trillion, only about a fourth of what Biden initially proposed, has been gaining support in the U.S. Senate, but disputes continue over how it should be funded.
China’s crypto crackdown has entered a new phase but believers have #BuyTheDip trending on Twitter. What’s going on?
A bartender in Florida has been celebrated online for his clever method to protect a woman from a ‘creepy’ patron. See how here.
(Bloomberg) -- Bitcoin’s slide toward $30,000 amid China’s continued cryptocurrency crackdown is stoking fears of a deeper selloff.Bitcoin fell as much as 4.3% and was trading at about $32,240 as of 9:08 a.m. in Hong Kong. Second-ranked Ether slipped 4.2% at one point and the wider Bloomberg Galaxy Crypto Index some 5.7%. The sector is under pressure after the People’s Bank of China said Monday it had summoned officials from its biggest banks as well as AliPay to a meeting to reiterate a ban on
The dollar paused for breath on Tuesday as traders looked to testimony from U.S. Federal Reserve chair Jerome Powell for guidance, after a surprise shift in the central bank's policy outlook, while cyptocurrencies nursed heavy losses. The greenback has gained sharply since the Fed last week flagged sooner-than-expected interest rate hikes, but dipped on Monday to hand back a little bit of that rise. "We've had a meaningful shift (at the Fed) from a longtime dovish stance to now a slightly hawkish one," said Westpac currency analyst Imre Speizer.
Drinking up to four cups of coffee a day could be linked to a reduced risk of developing chronic liver disease and related liver conditions, a new study suggests.Researchers at the UK universities of Southampton and Edinburgh found drinking the beverage - either caffeinated or decaffeinated - was associated with a reduced risk of developing and dying from chronic liver disease compared to not drinking coffee.
(Bloomberg) -- China has awarded its private oil refiners a combined 35.24 million tons of crude oil import quota in the second batch of issuance for 2021, about 35% less than last year, amid a government crackdown on the sector.The figures, which came from officials at the refiners who received the notification, are down sharply from 53.88 million tons in the same tranche in 2020. The move will impact the pace of oil inflows into the so-called teapot sector, which accounts for a quarter of the
(Bloomberg) -- India gave more than 8.5 million doses on Monday, setting a daily record for the nation. In Japan, where inoculation rates are expected to reach 200,000 people a day as companies help vaccinate employees, the Tokyo Olympics will limit the number of spectators to 10,000 people per venue.Singaporean authorities found 13 new cases locally, as the government widened mandatory testing in a large neighborhood outside the city center where a cluster has been expanding since mid-June. Phi