Business News

5 things you need to know today

  • Nine people are dead and over 16 have been injured after a van mounted the kerb and hit a crowd of pedestrians in Toronto. Witnesses have said the driver was moving fast and appeared to be acting deliberately. The van fled the scene before the driver was later arrested before being placed in custody.
  • The Duke and Duchess  of Cambridge are spending their first night as a family of five at Kensington Palace after Kate gave birth to her second son in the early hours of Monday morning. All eyes were on Kate and her outfit as she stepped out in a white-collared, red lace dress. The baby is fifth in line to the throne and the name of the boy has not been announced.
  • A motorcyclist has died after hitting a kangaroo near Penrith in the early hours of Tuesday morning. Police believe the man was thrown into the central railing after striking the Kangaroo. The man died at the scene, and the body of a kangaroo was found nearby.
  • The Banking Royal Commission has found that 5% of ANZ clients got financial advice not likely in their best interests. Chief risk officer of ANZ's digital and wealth arms, Kylie Rixon, was today questioned over a 2015 compliance audit into the bank's three main advice groups, ANZ Financial Planning, RI Advice and Millennium3.
  • Australian shares are headed higher today, despite a plunge in aluminium prices and a weak day on Wall Street. The Dow Jone finished l0.1% lower at 24,449 the S&P 500 remained flat at 2,670 and the Nasdaq -0.25% at 7,129. Over to Europe, the FTSE, +0.4% at 7,399, DAX +0.25% at 12,572 and the  Euro Stoxx 50 +0.6% at 3,515.

Published on: Tuesday, April 24, 2018

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