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Yearly Archives: 2020

It will take more than the 737 Max debacle to sink Boeing

A smaller slate of expected orders and slowing pace of deliveries has left the 787 program close to break-even levels and may result in a loss in the long term, the company said in second-quarter results last month. The more fuel-efficient variant of the 777, the 777X, only started test …

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‘It’s been a big day for me’: Smith wants change after $1.4m concussion payout

“It’s been a big day for me.” Smith credited his mother with first noticing his issues. Shaun Smith has been given an insurance payout for concussion.Credit:Age “I knew there was an issue as my mum said, ‘You’ve changed’, and you know you have an issue when your mum says that …

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The UK moves closer to negative interest rates

It has been reviewing its ammunition to tackle the coronavirus crisis since the summer but expressed concerns over the potential counterproductive impact on credit provision if lenders’ profits were damaged. Loading Financial markets – already pricing a move into negative territory as economic prospects darken – are forecasting a cut …

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World’s super-rich cash in after global prices surge

Most of the world’s biggest self-made fortunes are tied up in a single asset. Take Jeff Bezos: Amazon.com shares represent $US169 billion of his $US183 billion net worth. Mark Zuckerberg’s 13 per cent stake in Facebook Inc. makes up almost all of his fortune, while Amancio Ortega’s holding in Zara …

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‘An ace is an ace’: Reed holes out as Aussies flame out at US Open

Matt Jones is six-over-par while amateur Lukas Michel had a debut major round to forget, propping up the field at 10-over. “Of course I was excited about it, but really I knew from that point that, hey, you need to settle out, get ready for the next hole,” the 2018 …

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Sevens star Green backflips on Broncos to join Warriors

Just five Warriors women boarded the flight to Sydney a fortnight ago, leaving the club scrambling for players. That makes the signing of Green and Pelite even more significant, as they will be crucial to keeping the Warriors competitive. Loading They will be coached by Jillaroos mentor Brad Donald, who …

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Peru’s president faces impeachment as nation struggles with coronavirus

“The situation with the pandemic is really serious right now,” said Samuel Rotta, who heads the Peruvian branch of the anti-corruption group Transparency International. “The last thing Peruvians need is this slap in the face.” Vizcarra remains popular. Despite complaints that he has mishandled the country’s coronavirus outbreak, recent polls …

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Deadly examples of not acting soon enough

Yes, big errors were made in Victoria which has resulted in significant hardship and the numbers could have been better. All governments made mistakes (not to excuse these mistakes), including the Prime Minister’s self-quarantine edict and the lack of border closure early on. The real culprits are those in quarantine …

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Councils step up fight against West Gate Tunnel soil dump

The city’s largest tip – Cleanaway in Ravenhall – is considering expanding its 300-hectare site by another 50 hectares to take the project’s soil, possibly by buying more quarry land from neighbouring Boral. Typically, this would probably be subject to a works approval and require a licence. The process can …

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Decentralised contact tracing model ‘can’t come soon enough’

Professor Rubin said the suburban units Mr Andrews flagged last week “can’t come soon enough” and should be rolled out “as soon as practicable”. “It’s better when these teams are situated locally because they tend to know what goes in the local community,” he said. “If you live in a …

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