Chief Correspondent, Sydney
Michael's Feed
Sep 26, 2014

U.S. growth drives dollar to 11th winning week

NEW YORK (Reuters) – The dollar posted an 11th straight week of gains against a basket of major currencies on Friday, extending the longest winning streak since its 1971 free float under President Richard Nixon.

The dollar index .DXY got extra lift from upwardly revised U.S. gross domestic product data, adding 0.5 percent and hitting a fresh four-year peak of 85.655 even as strategists and traders predicted a pullback in the dollar rally.

Jul 24, 2014

Games – Silver for Wiggins as Meares takes historic gold

By Michael and Hann

GLASGOW (Reuters – Bradley Wiggins had to settle for the silver medal on his return to track cycling as England were beaten by Australia in the Commonwealth Games 4,000 metres team pursuit on Thursday.

Elsewhere, Anna Meares claimed her fifth Commonwealth gold as she won the 500 metres time trial to move level with fellow Australian Bradley McGee as the most successful track cyclist in the Games.

Jun 21, 2014

Australia defeat France to sweep test series

SYDNEY (Reuters) – Australia defeated France 39-13 in Sydney on Saturday to clean sweep the three-test series, dominating possession and territory and displaying an expansive game.

Criticised after their ugly, try-less 6-0 win in the second test at Docklands stadium, the Wallabies ran in five tries to one, with test debutant lock Will Skelton scoring the first within minutes.

Jun 21, 2014

Rugby-Australia defeat France to sweep test series

SYDNEY, June 21 (Reuters) – Australia defeated France 39-13 in Sydney on Saturday to clean sweep the three-test series, dominating possession and territory and displaying an expansive game.

Criticised after their ugly, try-less 6-0 win in the second test at Docklands stadium, the Wallabies ran in five tries to one, with test debutant lock Will Skelton scoring the first within minutes.

Jun 16, 2014

EU urges Russia to weigh improved offer for Ukraine gas

VIENNA (Reuters) – The European Union’s mediator in a gas standoff between Russia and Ukraine urged Moscow on Monday to consider a compromise gas pricing offer for deliveries to Ukraine and he said he hoped to convene more talks this month.

European Energy Commissioner Guenther Oettinger, who has brokered a series of three-way talks between Russia, Ukraine and the EU, was speaking in Vienna following the latest round of negotiations that ended without a deal in the early hours of Monday.

May 28, 2014

Dollar gains, euro eases under $1.36, sterling stumbles

NEW YORK (Reuters) – The dollar on Wednesday rose on softness among other major currencies such as the euro, which fell below $1.36 amid gathering expectations of a monetary policy shift next week by the European Central Bank.

The U.S. dollar index .DXY hit a new eight-week peak of 80.537, reflecting a 0.25 percent decline for the trading day in the euro against the U.S. currency. The measure of a basket of currencies was last at 80.522 in New York trade, up 0.21 percent.

May 27, 2013

EU quizzes telcos on Apple sales tactics against rivals

BRUSSELS (Reuters) – EU antitrust regulators are seeking information whether Apple’s iPhone distribution deals with mobile telecoms operators may be aimed at shutting out rival smartphones makers, in a move which could lead to a formal investigation into Apple.

In a nine-page questionnaire sent to mobile telecoms companies last Friday and obtained by Reuters, the European Commission said such behavior may breach EU antitrust rules.

Feb 18, 2013

Russia asks: How do you stop space objects hitting Earth?

MOSCOW/VIENNA, Feb 18 (Reuters) – What can man do to prevent
Earth being hit by meteorites and asteroids?

Russia has found, to its cost, that it has no answers. But
U.S. and European experts may be able to help with a few ideas
that at first glance seem straight out of science fiction,
including smashing spacecraft into asteroids, using the sun’s
rays to vaporise them, or blasting them with nuclear bombs.

Jun 29, 2012

48 Hours in idyllic Paros and Santorini

SYDNEY (Reuters) – Greece is struggling under a mountain of debt, violent street protests erupt in the capital Athens, and world financial markets fear Greece will exit the euro zone.

But Greece is still a great place to visit – just head to its idyllic islands. Reuters correspondents with local knowledge help visitors explore Paros and Santorini.

Jun 29, 2012

Travel Postcard: 48 Hours in idyllic Paros and Santorini

SYDNEY, June 29 (Reuters) – Greece is struggling under a
mountain of debt, violent street protests erupt in the capital
Athens, and world financial markets fear Greece will exit the
euro zone.

But Greece is still a great place to visit – just head to
its idyllic islands. Reuters correspondents with local knowledge
help visitors explore Paros and Santorini.