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Australia minimum wage to rise 2.5% as economy rebounds from COVID-19

Australia's minimum wage rises 2.5% but increase delayed for pandemic-hit industries | Wages growth

Australia minimum wage to rise 2.5pc as economy rebounds from COVID-19

FTSE 100 ends higher but doesn't crack 7,100; US markets mixed after Nasdaq reverses course lower

Follow John on: FTSE 100 ends higher but doesn t crack 7,100; US markets mixed after Nasdaq reverses course lower Helped by the weakness of sterling, the FTSE 100 posted decent gains Manufacturers are going full-pelt but rising input prices are a concern FTSE 100 rises 58 points US indices mixed as Nasdaq slides Asia-focused banks suffer 5.15pm: FTSE can t quite reach 7,100 London s leading index closed Tuesday up 58 points, 0.8%, at 7,080, while the FTSE 250 gained 191 points, 0.8%, to end at 22,875. US and UK investors have returned from their holiday in bullish form, picking up where they left off on Friday, IG Chief Market Analyst Chris Beauchamp wrote. Growth sectors such as health care and tech stocks continue to struggle compared to the cyclical areas such as mining and banking, while in the UK commodity prices have driven the gains for the FTSE 100, thanks to the strong showing in the US and Chinese manufacturing PMIs.

Leadership Change to Spur Next Phase Development?

Outgoing Chairman confident in company position and investor base Company seeks new Chairman candidate Following the departure of Director and non-executive Chairman Iain Ross from its drug discovery and development operations yesterday (June1), RedX Pharma initiated the search for a new candidate and also confirmed the appointment of Peter Presland, Independent non-executive Director and Chairman of the Audit Committee, as interim Chairman with immediate effect. Click to read more.