Australia's consumer sentiment slides in December on renewed angst over inflation, rates
SYDNEY, Dec 16 (Reuters) - Australia's consumer sentiment slid in December after turning positive for the first time the previous month, as households grappled with renewed angst over inflation and the interest rate outlook, a private survey show...
1h ago
Payments firm PayPal files for bank charter in lending push
Dec 15 (Reuters) - Payments firm PayPal said on Monday it has applied to establish a bank in the United States, as companies rush to capitalize on a friendly regulatory environment under the Trump administration. The San Jose, California-based company...
2h ago
Australia's Star Entertainment CEO Steve McCann steps down
Dec 16 (Reuters) - Embattled casino operator Star Entertainment said on Tuesday that Steve McCann, the group's chief executive officer and managing director, will be leaving the company effective immediately. McCann will be leaving Star after navigati...
2h ago
USDA must give states more time to implement new food aid restrictions, judge rules
(Corrects day of the week in paragraph 1) By Nate Raymond Dec 15 (Reuters) - A federal judge on Monday ordered U.S. President Donald Trump's administration to extend a deadline for states to implement new immigration-related eligibility restrictions on...
2h ago
'Battlefield' maker EA forecasts softer 2026 bookings amid slow spending, crowded holiday slate
Dec 15 (Reuters) - "Battlefield" maker Electronic Arts forecast fiscal 2026 net bookings below analysts' estimates on Monday, as soft consumer spending and elevated console prices weigh on demand during a fiercely competitive holiday season. The Redwo...
2h ago
Citi closes sale of 25% stake in Banamex to Mexican billionaire Chico Pardo
Dec 15 (Reuters) - Wall Street giant Citigroup said on Monday it had completed the sale of a 25% stake in its Grupo Financiero Banamex to a company owned by Mexican billionaire Fernando Chico Pardo and his family. The deal, which was announced in Se...
3h ago
Intel appoints Trump economic adviser as head of government affairs
By Stephen Nellis SAN FRANCISCO, Dec 15 (Reuters) - Intel on Monday appointed an economic adviser to U.S. President Trump as its head of government affairs, months after the U.S. government took a 10% stake in the U.S. chipmaker. Intel said that Robin...
3h ago
Sydney mourns 15 killed in Australia's worst mass shooting in nearly 30 years
By Christine Chen, Scott Murdoch and Renju Jose SYDNEY, Dec 16 (Reuters) - Dozens of people lined up early on Tuesday at Sydney's Bondi Beach to pay tribute to the 15 victims and those wounded in Sunday's Hanukkah festival shootings, Australia's worst ...
3h ago
Flash flood warnings follow levee breach in Washington state
Dec 15 (Reuters) - A levee breach in Washington state following days of heavy rain has led to a flash flood warning and evacuation orders, authorities said on Monday. The National Weather Service said it had issued a flash flood warning after a failur...
3h ago
Trading Day: Payrolls, Fed jitters mount
ORLANDO, Florida, Dec 15 (Reuters) - Caution weighed on Wall Street on Monday as investors awaited Tuesday's U.S. jobs report, while underlying selling pressure and uncertainty over who will be nominated to replace Federal Reserve Chair Jerome Powell e...
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