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10 things you need to know this morning in Australia

Wednesday 18 May 2016

Business Outsider

Talk of a rate hike in the US, and another cut in Australia. Google launches four products in a day which "acknowledge" its
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10 things you need to know this morning in Australia

Talk of a rate hike in the US, and another cut in Australia. Google launches four products in a day which "acknowledge" its competitors. And proof The Mountain can control his hands.
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6 things Australian traders will be talking about this morning

US markets went wild on talk of a rate rise.
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There's a guy in Saudi Arabia who is the CEO of his own publicly traded city

Fahd Al-Rasheed jokes that he always used to lose at SimCity, the computer game where you design and manage your own town. He lost, he says, because he would run out of money.
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Your 10-second guide to today's Australian jobs report

With Australian wages growing at the slowest pace on record, some analysts believe that a weak outcome today could lay the foundation for the RBA to follow up its May rate cut with another in June.
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Oracle says Google generated more than $42 billion from Android

By Oracle's reckoning, Android has generated $42.35 billion for Google between 2008 and 2015, mostly thanks to selling ads. 
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Tesla is selling $2 billion of shares

Tesla "is offering about $1.4 billion of shares with the remaining shares to be sold by Elon Musk to cover tax obligations".
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A bunch of countries could be about to go bust

Oil prices are around seven-month highs. West Texas Intermediate crude is around $48.74 per barrel, while Brent is at $49.50 per barrel as of 10.23 a.m. EST.
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This is why Google keeps on fighting the domination of Microsoft Office

Ten years ago, Google first got into the workplace productivity game with the launch of Google Docs and Sheets, its word processor and spreadsheet tools.

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