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Home > Recap > Markets await the Federal Reserve’s update; FedEx delivers earnings results; Ausnet’s potential takeover takes a turn.
Podcast: Recap
Episode:

Markets await the Federal Reserve’s update; FedEx delivers earnings results; Ausnet’s potential takeover takes a turn.
Category: Business
Duration: 00:12:31
Publish Date: 2021-09-22 04:30:00
Description:

Markets await the Federal Reserve’s latest policy announcement, due tomorrow morning (NZT). Brookfield Asset Management (BAM) and APA Group (APA) are in a bidding war over Ausnet Services (AST). FedEx’s (FDX) profit falls as it faces pandemic-driven labour shortages and global supply chain issues. Insurance company Tower (TWR) downgrades its earnings guidance.
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