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Major Australian private lender suspends three ASX funds, cuts asset values after audit

Major Australian private lender suspends three ASX funds, cuts asset values after audit

SYDNEY, Sept 28 (Reuters) - One of Australia's biggest private credit lenders suspended trading of three of its ASX-listed funds on Monday and said it would mark down their asset values after auditors disagreed with assumptions used in preliminary financial reports.
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Australia posts budget deficit of $15.7 billion for 2025/26 financial year

Australia posts budget deficit of $15.7 billion for 2025/26 financial year

SYDNEY, Sept 28 (Reuters) - Australia reported a final budget deficit of A$22.3 billion ($15.65 billion) for the year to June 2026, better than previously expected, as lower spending and stronger tax receipts boosted the government's bottom line, Treasury said on Monday.
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United Airlines Expands Premium Boeing 787-9 Dreamliner Network to Australia, Signaling Shift in Long-Haul Travel

United Airlines Expands Premium Boeing 787-9 Dreamliner Network to Australia, Signaling Shift in Long-Haul Travel

United Airlines Expands Premium Boeing 787-9 Dreamliner Network to Australia, Signaling Shift in Long-Haul Travel
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Australia's Northern Star rejects $27 billion takeover approach from Gold Fields

Australia's Northern Star rejects $27 billion takeover approach from Gold Fields

By Melanie Burton and Roshan Thomas MELBOURNE, Sept 28 (Reuters) - Australia's top gold producer Northern Star Resources said it rejected an unsolicited A$38.7 billion ($27.1 billion) takeover proposal from South Africa's Gold Fields, the latest sign of consolidation pressure in the gold sector.
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Sailing-Italy dominate to win America's Cup run-up regatta in Naples

Sailing-Italy dominate to win America's Cup run-up regatta in Naples

Sept 27 (Reuters) - Italy wrapped up the three-day preliminary America's Cup regatta in Naples on Sunday with a convincing head-to-head match-race final win over holders New Zealand.
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Golf-US roar back to beat Internationals for 11th consecutive Presidents Cup

Golf-US roar back to beat Internationals for 11th consecutive Presidents Cup

By Rory Carroll Sept 27 (Reuters) - Jacob Bridgeman clinched the winning point as the United States rallied to beat the International Team 17-13 and retain the Presidents Cup near Chicago on Sunday.
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How did the U.S. Baseball Team win 2000 Olympic Gold

How did the U.S. Baseball Team win 2000 Olympic Gold

The 2000 Summer Olympics in Sydney, Australia, marked a pivotal moment for U.S. baseball on the international stage. For the first time in Olympic ...
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San Jose City Council Candidates Address Data Center Expansion Concerns Ahead of Election

San Jose City Council Candidates Address Data Center Expansion Concerns Ahead of Election

San Jose residents and city council candidates are actively debating the future of data center development within the city. This issue has garnered significant public attention, with residents packing public meetings to voice their concerns. While data centers promise substantial revenue for municipalities, they also bring considerable demands for water and energy, alongside quality-of-life issues such as noise pollution. San Jose, which already hosts between 25 and 40 data centers, is currently drafting citywide regulations to manage their expansion. These regulations will focus on energy consumption and sourcing, water conservation, recycled water infrastructure, and air quality and noise protocols. The city aims for these standards to be flexible enough to adapt to evolving technologies. The upcoming city council elections will be pivotal, as the winners of three council races will cast crucial votes on these regulations, alongside other pressing issues like housing growth, cost of living, and public sa...
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Australia steps up response to AI after OpenAI bot breaches health system database

Australia steps up response to AI after OpenAI bot breaches health system database

By Byron Kaye and Christine Chen SYDNEY, Sept 25 (Reuters) - Even before a rogue OpenAI bot breached the database of Australia's health system, the government was escalating its rhetoric about the need to tighten regulation.
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Pocatello City Council Denies AI Data Center Permit for Second Time

Pocatello City Council Denies AI Data Center Permit for Second Time

The Pocatello City Council has again denied Lex Developments a conditional use permit for an Artificial Intelligence (AI) data center project. This marks the second time the council has rejected the proposal. Following the denial, a 12-month waiting period has been imposed, meaning Lex Developments cannot reapply for the permit until this period has elapsed. The decision was made during a recent council meeting, where the project's implications and community feedback were likely considered. This repeated denial indicates significant local opposition or concerns regarding the proposed data center, preventing its development in the immediate future within Pocatello. The specific reasons for the denial were not detailed in the provided information, but the consistent rejection suggests unresolved issues with the project's plans or its perceived impact on the community.
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Michelin Guide Expands to Australia, Prioritizing South Australia Over Melbourne and Sydney

Michelin Guide Expands to Australia, Prioritizing South Australia Over Melbourne and Sydney

Michelin Guide Expands to Australia, Prioritizing South Australia Over Melbourne and Sydney
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Exclusive-How firms linked to sanctioned Chinese cotton giant sell clothes to U.S

Exclusive-How firms linked to sanctioned Chinese cotton giant sell clothes to U.S

By Francesco Guarascio, Alessandro Parodi, Phuong Nguyen and Farah Master HANOI/HONG KONG, Sept 25 (Reuters) - In July, a ton of cotton shirts was unloaded at the port of Los Angeles after a trip from southern Vietnam.