Argentina’s vice-president has lambasted a new UK-Argentina Falkland Islands agreement, saying her nation had been offered “crumbs”. The pact, announced last week, includes resuming flights to the islands, restarting negotiations on a humanitarian project plan, and organising a trip for relatives of fallen soldiers of the Falklands war to visit their graves. Argentina’s foreign minister,…
Check out the companies making headlines in midday trading: Nio — The U.S.-listed shares of the Chinese electric vehicle maker climbed 9.5% after Nio announced a 13.3 billion yuan cash injection for its Nio China business. The transactions are expected to be completed by year-end, and will reduce Nio Inc.’s stake in Nio China to…
Biden to visit areas affected by Helene ‘later this week’ Joe Biden said he expects to visit areas affected by the aftermath of Hurricane Helene “later this week”. The US president is now taking some questions from the press gathered at the White House. He called it a historic storm, “never seen anything like it…
Simon Case, the cabinet secretary, has formally announced that he will stand down as the UK’s most senior civil servant at the end of the year. In an email to the civil service, Case, who has served four prime ministers and 120 cabinet ministers, said he would stay in post while the process to replace…
Fortnite video game maker Epic Games on Monday accused Alphabet’s Google and Samsung, the world’s largest Android phone manufacturer, of conspiring to protect Google’s Play store from competition. Epic filed a lawsuit in US federal court in California alleging that a Samsung mobile security feature called Auto Blocker was intended to deter users from downloading…
Sixteen years ago, the Rudd government ordered an inquiry into the supermarket sector amid rising public discontent about grocery prices. The sector was already highly concentrated with Coles and Woolworths enjoying a collective 65% share of the market, as the Franklins business withered and upstart Aldi was still in its early stage of expansion in…
The federal government has tasked the Australian Competition and Consumer Commission with cracking down on misleading and deceptive pricing in supermarkets, tipping an extra $30m into the competition regulator after damning allegations against Coles and Woolworths. The federal treasurer, Jim Chalmers, will also work with state and territory counterparts to overhaul zoning and planning rules…
Australia’s housing crisis may be starting to ease with dwelling price rises tapering off and rents increasing at their slowest pace in four years, data groups say. Property values increased 0.4% in September, close to the 0.3% rise recorded for both the previous two months, CoreLogic reported. PropTrack’s housing index was basically flat, rising just…
Laurene Powell Jobs speaks onstage during TechCrunch Disrupt SF 2017. (Photo by Steve Jennings/Getty Images for TechCrunch) Steve Jennings A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. News that Laurene Powell…
A former US national security adviser during Donald Trump’s presidency has dismissed the Republican White House nominee’s boasts that he would broker an end to Russia’s war in Ukraine if elected in November as “a real myth”. “I don’t really buy it,” HR McMaster said Sunday on CBS’s Face the Nation. “I think it’s a…
