Qantas Plans $100M Share Buyback to Reduce Debt

Qantas Airways Ltd., Australia’s largest carrier, rose the most in more than two months after saying it would buy as much as A$100 million ($104 million) of its own shares with cash from cutting a Boeing Co. order.

Australia's Morrison on Aussie Dollar
17:09 - The bears are out in force when it comes to the Australian dollar, with expectation that further cuts on the cash rate will weigh on the currency. Bloomberg's Paul Allen reports on "Daybreak Asia." (Source: Bloomberg)
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