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Plain text size Larger text size Text size is very large When ANZ Bank chief executive Shayne Elliott floated the prospect of buying Suncorp bank with its board of directors, it didn’t take long to sell off the benefits of the deal. When he announced this week’s $4.9 billion bid, Australia’s biggest banking deal in more than a decade, Elliott said there was an initial view from the board that the deal would align with the bank’s strategy. “Nobody sitting around the board table at ANZ, or quite frankly very many places in the country, is saying that this doesn’t make sense to ANZ,” Elliott said. “That makes sense. We’ve always said that we want to strengthen our retail and commercial banks.” Likewise, most analysts and investors this week gave the thumbs up for its ambitious expansion. If successful, ANZ will jump to third place in the competitive home loan market and develop into a fast-growing country. But the proposed deal offen...

It has been a difficult few months for US-Russian relations, with disputes between the two countries emerging both on land and in space. Despite the current bad feeling, NASA and Roscosmos have finalized a deal under which NASA astronauts and Russian cosmonauts will fly aboard each other’s spacecraft. The announcement of the new agreement came on Friday, July 15, the same day that Dmitry Rogozin was dismissed from his position as director general of Roscosmos. It’s not clear whether the space chief’s firing was linked to the new deal, but it does suggest that the two space agencies are finding ways to work together despite tensions arising from Russia’s invasion of Ukraine and the resulting economic sanctions. Anna Kikina at Russia’s Gagarin Cosmonaut Training Center on July 8, 2022. The Russian cosmonaut is scheduled to fly with SpaceX Crew Dragon as part of a recent seat swap arrangement. (Photo: Roscosmos, AP) For the agreement, US astronau...