Exports eased in April from record high

Australia’s exports and imports both pared down in April, preliminary figures for the month from the Australian Bureau of Statistics showed on Monday. Exports of goods and services fell $4 billion or 12 per cent from March’s record high to $31.44 billion. The decrease was led by a $1.7 billion …

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Europe gets ready to reopen

June 15 is border day — across Europe, international borders will reopen and countries are preparing for the return of international tourists. Some will come even sooner. Restaurants, bars, non-essential shops and museums have reopened in Italy and Prime Minister has signed a decree allowing foreign tourism to resume from …

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ICC rejects wax because of tampering focus

International Cricket Council power broker Anil Kumble has urged teams to adjust to an interim ban on using saliva to shine the ball, suggesting that legalising an artificial wax would fly in the face of a recent ball-tampering crackdown. The ICC’s cricket committee, chaired by Kumble and featuring Cricket Australia …

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IOOF class action to end without payout

IOOF Holdings says a class action lawsuit brought against it last year on allegations of breaching disclosure requirements will be discontinued with no payments to the plaintiffs. The Melbourne-based wealth manager was sued in April 2019 by shareholders who alleged the company engaged in deceptive conduct and breached stock market …

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