Finance News Update, what you need to know

Thursday, April 2, 2015
CBA boss sells Paddington home for $3 millionBanking chief, whose salary increased to $8.1 million last year, made a tidy profit on the Victorian terrace.

WORLD FINANCE UPDATE:

The Australian dollar is just a touch lower after two sets of US economic data pulled the currency in opposite directions in overnight trade.

At 0630 AEST on Friday, the local unit was trading at 93.97 US cents, slightly down from 94.01 cents on Thursday.

And the Australian share market looks set to open higher despite falls on Wall Street on weaker-than-expected jobs and manufacturing figures.

At 0645 AEDT on Thursday, the June share price index futures contract was up 13 points points at 5,861.

ELSEWHERE:

ATHENS - Cash-strapped Greece has garnered a little over 147 million euros ($A207.43 million) via a debt forgiveness scheme designed to bolster the state's near-empty coffers, officials say.

BRUSSELS - Uber has filed complaints with the European Union against France, Germany and Spain as the popular taxi app hits back against efforts to ban it from Europe's streets.

MEXICO CITY - A massive ball of flames engulfed an oil platform in the Gulf of Mexico on Wednesday, killing four people and sending terrified workers jumping into the sea.

NEW YORK - McDonald's says it's raising pay for workers at its company-owned US restaurants, making it the latest employer to sweeten worker incentives in an improving economy.

RIO DE JANEIRO - Share prices for Brazilian state-owned oil giant Petrobras soared Wednesday after it announced it had signed an agreement to obtain $US3.5 billion ($A4.61 billion) in funding from the China Development Bank (CDB).

LOS ANGELES - A court filing by Andrew Getty, the oil heir found dead in Los Angeles, says he had a serious health problem.

BEIJING - A former factory worker who founded a company supplying Apple, Samsung and other technological giants with touchscreen glass has become China's richest woman, with a fortune surpassing $US8 billion ($A10.50 billion).

NEW YORK - GoDaddy shares have surged in their Wall Street debut, as the market welcomed the company that tries to make internet domain management and website hosting sexy.

02/04/2015 12:23Sydney, Australia. 2 April,2015
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