Business News

5 things you need to know today

  • Disgraced cricketers Steve Smith, Cameron Bancroft and David Warner have started their journey home with Smith the first to leave, facing humiliating scenes as he was escorted by police through Johannesburg airport, accompanied by boos and calls of "cheat"along the way. Smith and David Warner were handed 12-month bans from the sport, and Cameron Bancroft received nine months, for the ball tampering scandal that has engulfed Australian cricket.
  • Ecuador's government is cutting off WikiLeaks founder Julian Assange's communications outside the nation's London embassy. The Australian has been living at the embassy since June 2012 to avoid extradition to Sweden to face questioning over allegations of sex crimes which he has denied. Officials announced on Wednesday they were taking the measure in response to Mr Assange's recent activity on social media.

  • Australians will be among the first to get their hands on the next gen of mobile technology as Telstra is allowing public use of its 5G enabled Wi-Fi hotspots on the Gold Coast. The hotspots have been switched on at the telecommunications company’s 5G Innovation Centre in Queensland to power Southport’s Scarborough and Nerang Streets.

  • Ireland will hold a referendum on May 25 on whether or not to change its abortion law, the first opportunity in 35 years to overhaul one of the world's strictest regimes that has long divided the once deeply Catholic nation. A complete ban on abortion was only lifted five years ago for cases where the mother's life was in danger. Voters will be asked if they wish to repeal an amendment to the constitution that was inserted following a 1983 referendum to enshrine the equal right to life of the mother and her unborn child, and to instead enable parliament to set the laws.

  • Big-name technology stocks struggled to rebound as volatility continues to plague US markets. The Dow Jones remained flat at 23,848, the S&P 500 finished 0.3% lower at 2,605 and the Nasdaq closed 0.9% lower at 6,949. Over to Europe, the FTSE +0.6% at 7,045, the German DAX -0.3% at 11,941 and the Euro Stoxx 50 +0.4% at 3,33.

Published on: Thursday, March 29, 2018

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