Streamline Your Business Processes with Deal Governance in Australia

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stephen carroll just sounds like stephen carroll really and he's um starting in australia today that that can be bad as well as good stephen but anyway um facebook has reached a deal with the government to stop blocking news content that's why the social media giant will start allowing australian news to be shared on its platform again in the coming days that's after agreeing changes to the government's plan to regulate social media canberra agreed to four concessions in its bill which was designed to force tech giants to pay media organizations for news they include adding a mediation period of two months in situations where tech giants can't reach a deal with publishers the week-long standoff over the code has led to facebook blocking news content to users in australia in a statement facebook's campbell brown said the agreement will allow the company to support the publishers they choose and that they won't be automatically subject to forced negotiation with publishers australia's finance minister says the dispute was a proxy battle for the world on this issue of funding for news absolutely critically the code maintains its key measures namely it's a mandatory code a world-leading code secondly it's based on two-way value exchange and third it involves a final offer arbitration mechanism now investigators in the u.s have been giving an update on the engine failure in boeing plain in colorado over the weekend the national transportation safety board says the damage to the fan blade on the boeing 777 plane was consistent with metal fatigue the pratt and whitney engine failed just four minutes into the flight from denver on saturday the plane landed safely but boeing has grounded dozens of 777s that use the same engine air accident investigators now say the motor will be examined more carefully by its manufacturer well meanwhile the european union's air safety regulator says another incident involving a boeing plane in the netherlands on sunday was unrelated to what happened over denver a 747 freight plane also with the pratt and whitney engine had dropped parts over the town of meerson shortly after taking off from maastricht airport the easa says after receiving more information on both incidents there was no similarity between them now to the price of bitcoin it's actually slumped after hitting record highs in recent days hasn't it yeah ing to the website coindesk it's down over 10 today and is hovering just under 50 000 this news coming after the federal reserve chief janet yellen described the cryptocurrency as inefficient as a and as a highly speculative asset down almost 12 today european shares meanwhile starting the day generally up travel companies among the biggest gainers after that announcement by the uk government of its plan to lift lockdown easyjet the airline its shares up nine percent at the start of trading in europe in asia earlier shares edging higher on many of the main markets uh just shanghai and the cosby insole dipping into the red and last but not least from stephen we're going to go to brazil next shares in the oil giant petrobras they've slumped this is after president bolsonaro moved to replace its ceo there that's right petrobras shares down by more than a fifth on monday wiping more than 10 billion euros off the company's value investors took fright after president bolsonaro announced he would replace the current ceo with a retired army general who has no experience in the oil sector inka oyatade reports it's a boardroom reshuffle that has triggered a shockwave on the markets president jaya bolsonaro is set to replace current petrobras ceo with army general and long-time ally joakim silva iluna the announcement sent the company's share price tumbling as investors fear the move could mean the government intervening more in the business world has seen billions of euros wiped on its market value since the announcement petrobras's current ceo robeto castello branco had set oil prices in line with market rates while it attracted international investors the policy was condemned by populist president bolsondaro and he's not alone the old giants had announced last week that it would raise petrol and diesel prices in response brazil's lorry drivers have threatened to go on strike presidential republicans bolsonaro has warned that he will be taking action in other industries next in line the state electricity company where the president has also pledged to intervene