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Daily Archives: October 11, 2019

Boeing strips CEO of chairman role as 737 MAX crisis drags on

Muilenburg said in a statement he was “fully supportive of the board’s action. Our entire team is laser-focused on returning the 737 MAX safely to service and delivering on the full breadth of our company’s commitments”. An aerospace engineer by training and Boeing lifer, the CEO has served as the …

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Perfect storm: Federer, Djokovic sent packing on stunning day in Shanghai

“He deserved the victory,” Djokovic said of the 21-year-old Tsitsipas. “He was the better player in the second and third sets. I started well in the first set, but I wasn’t sharp enough.” Djokovic had been 8-0 in quarter-final matches at the Shanghai Masters and won four titles. Federer had …

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Visa, Mastercard quit Facebook’s Libra in potentially fatal blow

Despite those efforts, financial regulators, as well as members of the US Congress on both sides of the political divide, noted the privacy issues raised with the social networking company controlling a currency, while also expressing concern about money laundering. Even President Donald Trump tweeted that Facebook should be subject …

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Queensland coast welcomes widespread rain

Gladstone recorded 82 millimetres, while the Brisbane bayside suburb of Hemmant received 64. Some tinder-dry inland regions also received decent falls, with 62 millimetres recorded near Theodore, inland of Bundaberg. However the Bureau of Meteorology’s Dean Narramore said the rain was far from drought-breaking. “In the past six months, we’ve had …

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Qld coast welcomes widespread rain

A central Queensland town that was about to run out of water has received a welcome 95mm of rain. Miriam Vale’s Baffle Creek water source was tipped to dry up before Christmas if no substantial rain fell. Miriam Vale welcomed desperately needed rain overnight.Credit:Nic Walker The town had the highest …

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Stocks rally as Trump says US, China have a deal

Crude oil prices surged following an explosion on an Iranian tanker and Pentagon plans to ramp up the deployment of US forces to Saudi Arabia. Gilts tumbled and the British pound posted the biggest two-day gain in a decade as the EU’s chief negotiator recommended detailed talks with the UK …

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US, China announce trade war breakthrough, sending stocks soaring

The agreement has raised hopes the countries will reach a final, more significant, deal in coming months, sending sharemarkets soaring. Trump said the hostile relations between the countries had become a “lovefest”. Steven Mnuchin, US Treasury secretary.Credit:Bloomberg The partial deal followed meetings in Washington between Trump and Chinese Vice Premier …

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Stubborn as a mule: the champion racehorse that went on strike

Normal text sizeLarger text sizeVery large text size First conversation with Rupert Legh, managing owner of a horse called Chautauqua. What is the horse up to now? “Learning not to be a dickhead.”Why would a man who cares about animals say that? A mixture of frustration, bemusement and unrequited love. …

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Former envoy defies Trump, testifies he pushed to oust her

Yovanovitch is now a State Department fellow at Georgetown University. Trump said earlier this week that he would block all officials from testifying, saying the probe was unfair and “illegitimate.” Loading It was unclear if Yovanovitch’s appearance signalled a shift in that strategy or if she was breaking with White …

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‘They’d better win’: Cheika kicks off quarter-final verbals with Jones

The record has remained lopsided since then, a further three wins to England challenging Australia’s plucky pride. But after a messy 27-8 win over Georgia in Shizuoka on Friday night Cheika was in no mood to let an opportunity pass him by. Loading The Wallabies left Shizuoka in a hurry, …

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