Business News

5 things you need to know today

1. Prime Mininster Scott Morrison has changed the rules for leadership spills, with support of two-thirds of the Liberal party room now needed to overthrow the leader.

2. Wall Street has reacted positively to the trade truce between the US and China, with the Dow Jones, Nasdaq and S&P 500 all rising more than 1% overnight.

3. FAANG stocks were among the best performing stocks, in particular Amazon and Apple which closed 4.86% and 3.49% higher, respectively.

4. Two armed men have been charged with 38 offences after a six-hour siege in the Brisbane suburb of Auchenflower.

5. A Dutch court has rejected a request by 69-year-old motivational speaker Emile Ratelband to adjust his date of birth to make him 20 years younger.

Published on: Tuesday, December 04, 2018

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