Category (4 columns)
SYDNEY (Reuters) - Investors are turning against Australia’s big banks as earnings tumble, growth plans are abandoned, and fee income cut in the fallout from a powerful financial sector misconduct inquiry and more challenging economic conditions.
NEW YORK (Reuters) - CBS Corp (CBS.N) interim chairman Richard Parsons has resigned from the board, the company said in a statement on Sunday.
Parsons, who said he was resigning because of complications from a form of cancer, will be replaced by Strauss Zelnick, who founded the media-focused private equity firm Zelnick Media Capital.
AUSTIN, Texas (Reuters) - Force India’s Esteban Ocon and Haas driver Kevin Magnussen were both disqualified from points positions at the U.S. Grand Prix on Sunday after stewards found they had broken Formula One’s fuel regulations.
TAPACHULA, Mexico (Reuters) - A U.S.-bound caravan of thousands of mostly Honduran migrants whom President Donald Trump has declared unwelcome, began pouring into the Mexican border city of Tapachula on Sunday, setting up impromptu camps in public parks under a heavy rain.
(Reuters) - Hurricane Willa, churning off central Mexico’s Pacific coast, strengthened on Sunday night to a dangerous Category 4 storm, the U.S. National Hurricane Center (NHC) said.
Willa was about 230 miles (370 km) south-southwest of Cabo Corrientes in Mexico with maximum sustained winds of 130 mph (215 kph).
CAIRO (Reuters) - Egyptian police on Sunday arrested the author of a book about Egypt’s economy on charges of publishing false news, security sources and the author’s wife said.
Abdul Khalik Farouk’s detention came days after local media reported that draft copies of his book, “Is Egypt Really a Poor Country?”, which includes criticism of the government’s economic policies, were seized by authorities from a publisher.
SYDNEY (Reuters) - Australian Prime Minister Scott Morrison will meet with independent lawmakers as early as Monday in a bid to shore up support for his government as it is poised to lose its one seat parliamentary majority.
LOS ANGELES (Variety.com) - “Halloween” made a killing in North America, earning $77.5 million when the slasher film launched in 3,928 locations.
David Gordon Green’s “Halloween,” a direct sequel to John Carpenter’s 1978 classic, obliterated the franchise record opening of $26 million, previously held by the 2007 Rob Zombie reboot.
LONDON (Reuters) - Laurel and Hardy, perhaps the greatest comedy double act in cinema history, returned to London on Sunday, twiddling their bowler hats to a delighted West End crowd as they arrived for the world premiere of the biopic “Stan & Ollie”.
TOKYO (Reuters) - The CEO of Mitsubishi UFJ Financial Group’s banking arm will not attend the Future Investment Initiative conference in Saudi Arabia, the group said on Sunday, joining a growing list of business executives to withdraw over concern about the death of journalist Jamal Khashoggi.
MILAN/LONDON (Reuters) - Fiat Chrysler (FCA) has agreed to sell its Magneti Marelli unit to KKR’s Calsonic Kansei, two sources familiar with the matter said on Sunday, adding the deal would be announced on Monday.