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Optus & Uber team up to deliver phones in an hour

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Aussie telco, Optus has teamed up with Uber in an exciting new way

The telco will start using tech giant, Uber to provide new mobile phones to people’s homes within an hour after ordering them.

The delivery app will distribute new phones ordered by Optus customers as part of a major shift within the telco to focus on experiences for customers when they are not inside stores.

Optus’ managing director of revenue and marketing, Matt Williams, confirmed the exiting partnership, stating that it was the final part of the company’s plans to make the customer experience fast and digitally-led.

“The thing that really distinguishes this is the Uber Eats-style instant gratification.”

Optus’ managing director of revenue and marketing, Matt Williams,

Optus, the second biggest telco in Australia, says its hopeful the new order placement method will attract new customers, and be a favourite with current clients too.

“This is all about lifting the bar in terms of delivering a service that currently doesn’t exist,”

Optus confirmed the decision to work with Uber was not in response to the latest COVID-19 lockdowns in Australia, instead, a useful method to existing and new customers stuck at home.

Who can use the service?

Suburbs within 10 kilometres of Optus stores in Broadway, Paramatta and Miranda in Sydney, Bourke St Mall, Chadstone and Highpoint in Melbourne, and Brisbane’s Garden City, Springfield and Strathpine will be the first to have access to use the service.

Uber began as a ride-sharing company but has since expanded into alternative delivery services run by “Uber Eats.”

It also runs an app for carriers and shippers with freight and services for businesses.

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Money

France receives lowest credit rating due to crisis

France’s credit rating downgraded to record low amid political and fiscal crisis, raising concerns over debt and stability

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France’s credit rating downgraded to record low amid political and fiscal crisis, raising concerns over debt and stability

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In Short:
– Fitch Ratings downgraded France’s credit rating to A+, citing political instability and fiscal challenges.
– New Prime Minister Lecornu must secure budget approval amidst rising deficit and potential no-confidence vote.
Fitch Ratings has downgraded France’s credit rating from AA- to A+, the lowest ever recorded, amid ongoing political and fiscal challenges.
The decision comes shortly after Prime Minister François Bayrou was removed in a vote of no confidence regarding his €44 billion austerity plan.
President Emmanuel Macron has appointed Sébastien Lecornu as the new prime minister, marking the fifth leadership change in under two years.Banner

Fitch highlighted political instability as a key factor undermining fiscal reforms, with France’s debt now at €3.3 trillion, or 113.9% of GDP.

The budget deficit increased to 5.8% of GDP and is expected to rise, posing challenges ahead.

Political Instability

The new prime minister faces a divided parliament and must secure budget approval by October 7.

The far-left plans a no-confidence vote against Lecornu, complicating further cooperation on legislative reforms, with S&P Global hinting at a potential downgrade.


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Trump moves to fast-track removal of Fed governor Lisa Cook

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The White House is set to fast-track a ruling on firing Federal Reserve Governor Lisa Cook, just days before the crucial FOMC meeting.

The move comes as markets reel from surging inflation, weak jobless data, and global currency shifts, raising questions about the Fed’s independence and the stability of policy decisions.

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Money

ANZ job cuts spark banking clash

ANZ plans to cut 3,500 jobs, sparking debate on the future of Australia’s banking sector and employment dynamics.

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ANZ plans to cut 3,500 jobs, sparking debate on the future of Australia’s banking sector and employment dynamics.


ANZ has announced plans to cut 3,500 staff and 1,000 contractors over the next year, triggering a fierce debate between business leaders, unions, and government about the future of Australia’s banking sector.

The decision raises wider questions about the resilience of the business community and the role of politics, productivity, and technology in shaping employment.

#ANZ #Banking #Jobs #Unions #Australia #Economy #TickerNews


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