Bank of Queensland shares fall on dividend cut, profit plunge

[ad_1] Oct 11 (Reuters) – Bank of Queensland (BOQ.AX) shares fell nearly 5% on Wednesday, as the lender cut its dividend after annual profit plunged by about 70% amid depressed…

Commonwealth Bank of Australia cuts 192 back-office jobs, says trade union

[ad_1] Oct 9 (Reuters) – Australia’s biggest lender Commonwealth Bank of Australia (CBA.AX) will cut 192 jobs from its back office operations in Sydney, Melbourne and Perth, including some workers…

Fact Check: Australian COVID vaccine with HIV protein misrepresented online

[ad_1] (Content warning: offensive language in paragraph 7) A clip from a BBC documentary about an Australian COVID-19 vaccine trial has been misleadingly shared online in posts suggesting that an…

Novo Nordisk’s Wegovy bonanza looms large in Denmark

[ad_1] COPENHAGEN, Oct 5 (Reuters) – The whirlwind success of weight-loss treatment Wegovy is providing a bonanza not just for its developer, Novo Nordisk (NOVOb.CO), but also for its home…

Australia’s Westpac fails to sell pacific banking business

[ad_1] A woman exits the ground floor of an office building with Westpac logo amidst the easing of the coronavirus disease (COVID-19) restrictions in the Central Business District of Sydney,…

Morning Bid: New quarter, same old market dynamics

[ad_1] A man is reflected on an electric monitor displaying a stock quotation board outside a bank in Tokyo, Japan, June 5, 2023. REUTERS/Issei Kato/File Photo Acquire Licensing Rights Oct…

Stocks make meandering start to quarter; yen hits near 1-year low

[ad_1] A passerby is reflected on an electric monitor displaying the graph of recent moments of the Japanese yen exchange rate against the U.S. dollar outside a brokerage in Tokyo,…

In the Market: US bond market signals the end of an era

[ad_1] Oct 2 (Reuters) – The U.S. bond market is calling a moment: the age of low interest rates and inflation that began with the 2008 financial crisis has ended.…

Exclusive: TDC weighs strategic options amid consolidation, sources say

[ad_1] LONDON, Sept 29 (Reuters) – Denmark’s largest telecoms company TDC Holding A/S has hired LionTree to help it explore strategic options for the business as consolidation in the Danish…

Sweden’s H2 Green Steel raises $1.6 billion for Boden plant

[ad_1] OSLO, Sept 7 (Reuters) – H2 Green Steel has raised equity funding of about 1.5 billion euros ($1.6 billion) to build the world’s first large-scale green steel plant, the…