Business


New Zealand promises to do 'right thing' with America's Cup

The 39-year-old, who won a silver medal for Australia in sailing at the 2008 Beijing Olympics, had a low-key but critical role trimming the giant wing with a games console-type device. There were no Americans on Oracle Team USA's crew, which included five Australians and one from Antigua. Land Rover BAR Team Principal and Skipper, Ben Ainslie, said: "We could not be prouder of the Land Rover BAR Academy winning the Cup".


IMF Blinks On Greek Debt Relief

IMF Blinks On Greek Debt Relief

The European Stability Mechanism will first send a total of €7.7 billion in July, while the remaining €800 million will come after the summer. The impasse has held up a tranche of bailout cash which Greece needs to repay loans in July, and Athens says its fragile recovery has also been impaired.


US Dollar Higher on Fed Outlook

US Dollar Higher on Fed Outlook

Now the Fed said the inflation will be below its 2 percent target. The Fed also announced it will sell off some of the bonds and other securities it's holding. Chair Janet Yellen was asked at a news conference whether she anxious that the Fed could rattle markets once it starts shrinking its bond holdings.



Fed's Williams sees advanced economies stuck in low growth mode

IG's opening calls see the Footsie starting the day at 7,449 points, or 0.02 percent higher on the previous session's close. Alphabet fell 1.2 per cent to US$960.55 after European Union antitrust regulators hit the tech giant with a record US$2.7 billion fine.



Helical PLC (HLCL) to Issue Dividend of GBX 6.20

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