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Blinken to travel to Guatemala on Tuesday, US State Dept says May 5, 2024 07:15PM

(Reuters) - U.S. Secretary of State Antony Blinken will travel to Guatemala on Tuesday to lead a delegation to the a ministerial meeting of the Los Angeles Declaration on Migration and Protection, the State Department said on Sunday.

Blinken will meet with Guatemalan President Bernardo Arevalo and other leaders to discuss enforcement, migration management and refugee integration, State Department spokesperson Matthew Miller said in a statement.

... (continue reading...)
Australia's Qantas agrees to $66 million penalty in flight cancellation case May 5, 2024 06:19PM

(Reuters) -Australian airline Qantas Airways said on Monday it had agreed to pay a penalty of A$100 million ($66 million) to settle a lawsuit that accused it of illegally selling thousands of tickets for flights that had already been cancelled.

The penalty is subject to the approval of the Federal Court of Australia, it said in a statement.

As part of the settlement with Australian Competition and Consumer Commission (ACCC), Qantas will... (continue reading...)


Morning Bid: Green light from financial conditions, FX calm May 5, 2024 05:46PM

By Jamie McGeever

(Reuters) - A look at the day ahead in Asian markets.

Investor sentiment in Asia is set to open the week on a positive note on Monday, buoyed by last week's upward momentum in global stocks, calmer currency markets, and a general easing of financial conditions.

The main regional calendar events include services PMI figures from China and first-quarter GDP data from Indonesia, while Chinese President Xi... (continue reading...)


Westpac announces new $661 million buyback and special dividend, profit slumps May 5, 2024 05:42PM

By Sameer Manekar

(Reuters) -Australian bank Westpac declared a special dividend on Monday and raised its share repurchase program by A$1 billion ($661 million) citing a strong balance sheet even as its first-half profit fell by 16% on intense competition and high costs.

Traditionally beneficiaries of rising interest rates, the country's so-called Big Four lenders have spent the past year sacrificing margins to write new home loans and paying... (continue reading...)


Parents of US, Australian tourists presumed killed in Mexico to try identifying bodies May 5, 2024 05:19PM

By Raul Cortes and Lizbeth Diaz

MEXICO CITY (Reuters) - The parents of an American and two Australian surfers presumed to have been killed in northern Mexico have arrived in the country and will try to identify the dead bodies believed to be their children, a Mexican regional official said on Sunday.

Authorities in the Baja California state are conducting forensic tests on three corpses they found in a well this week and which they... (continue reading...)


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