Monday 17 April 2017

Finance news you need to know today

HERE are eight things making news in business and finance today.

james price aero financial


1. SYDNEY — The Australian stock market is set to open flat as brewing tension between the US and North Korea weighs on investor sentiment. At 0700 AEST on Tuesday the share price futures index was unchanged at 5,852.

2. SYDNEY — The Australian dollar is trading higher against its US counterpart, which has come under some pressure due to the geopolitical tensions over North Korea. At 0700 AEST on Tuesday, the Australian dollar was at 75.89 US cents, up from 74.81 cents on Thursday.

3. SEOUL/PYONGYANG — U.S. Vice President Mike Pence put North Korea on notice on Monday, warning that recent U.S. military strikes in Syria and Afghanistan showed the resolve of President Donald Trump should not be tested.

4. PARIS — French centrist Emmanuel Macron is set to top the voting in the first round of France’s presidential election ahead of far-right leader Marine Le Pen, and their leads over conservative Francois Fillon and leftist Jean-Luc Melenchon have widened, a poll showed on Monday.

5. BRASILIA
Brazilian President Michel Temer said on Monday some of his cabinet ministers are likely to resign after being placed under investigation in a massive corruption probe, as he seeks to draw a line under a scandal threatening his sweeping fiscal reforms.

6. SAN FRANCISCO — Netflix is on the verge of surpassing 100 million global subscribers, a testament to how much the video streaming service has changed the entertainment landscape since its debut a decade ago.

7. NEW YORK — Arconic said Monday that Klaus Kleinfeld has agreed to step down as CEO and chairman after the company’s board of directors discovered that he sent a letter to its largest shareholder without telling them.

8. MOSCOW — Alphabet Inc’s Google will open up its popular Android mobile operating system to rival search engines in Russia as part of a deal to settle a two-year dispute with Russian competition authorities. — Alphabet Inc’s Google will open up its popular Android mobile operating system to rival search engines in Russia as part of a deal to settle a two-year dispute with Russian competition authorities.

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