SYDNEY (Reuters) -ANZ Group ( ANZGF ) flagged it faces margin pressure after reporting a 14% drop in annual cash earnings hurt by legal penalties and layoff expenses, but the bank said it planned to cut costs this year, sending its shares up on Monday. ANZ, the country's fourth-largest lender by market value, posted cash profit of A$5.79 billion ($3.76...

(Reuters) -China has begun designing a new rare earth licensing regime that could speed up shipments, but it is unlikely to amount to a complete rollback of restrictions as hoped by Washington, industry insiders said. The Ministry of Commerce told some rare earth exporters they will be able to apply for new streamlined permits in the future and in industry...

(Reuters) -Australian stock exchange operator ASX Ltd ( ASXFF ) has appointed Lucinda McCann as its new chief compliance officer with immediate effect, the company said on Monday, amid mounting pressure to deliver on its multi-year turnaround plan. The appointment comes as ASX faces heightened regulatory scrutiny following a string of compliance and operational setbacks, including the central bank's recent...

* FAA mandates flight cuts at 40 major airports due to safety concerns * Thanksgiving travel disruptions could impact U.S. economic growth, Hassett warns * Airlines for America reports 4 million passengers affected since shutdown began (Updates number of flight cancellations/delays) By David Shepardson and David Ljunggren WASHINGTON, Nov 9 (Reuters) - Airlines canceled more than 2,700 U.S. flights on...