10 things you need to know this morning in Australia

Andrew Parsons – Pool/Getty Images

Good morning.

1. Turkey has revealed further details about its investigation into the journalist Jamal Khashoggi’s killing, and in doing so has sent an unequivocal message to Saudi Arabia: that it messed with the wrong country. Meanwhile, US President Donald Trump has said it was one of the worst cover-ups in the history of cover-ups, but will leave any decision regarding repercussions against Saudi Arabia up to Congress.

2. The Australian dollar had a quiet session on Tuesday, trading in a thin range despite some wild moves in stocks, bonds and crude oil prices. At 8am AEDT, the Aussie was up 0.08% to 0.7085.

Investing.comAUD/USD Hourly Chart

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3. UK Prime Minister Theresa May is reportedly considering chartering ships for supplies if there’s a no-deal Brexit. It comes amid concerns that Britain might run out of essential supplies like food and medicine if it leaves the EU without a deal.

4. Australian millennials are joining the Financially Independent, Retire Early (FIRE) movement, and they want to retire by the age of 50 with $2 million to $5 million saved. See what they’re investing in to do it.

5. From bankrupt and on the brink of death to being one of the world’s best-run car companies — here’s how General Motors achieved an impressive turnaround that has seen it rack up billions of profits and is preparing to launch 20 new electric vehicles by 2023.

6. Oxford researchers have exposed the avalanche of data Google and Facebook can hoover up from apps on your phone. The study found that just under 90% of the apps analysed could send data to companies owned by Google’s parent company Alphabet. More here.

7. This Australian CEO ditched job titles and it created a “leadership revolution” that tripled the size of his business. He says the traditional vertical organisational structure unintentionally was suffocating talented people through hierarchy and self-limiting position descriptions. More here.

8. China built the world’s biggest amphibious plane, and its latest test could give Beijing an edge in the South China Sea. The AG600 plane is designed primarily for civil aviation, but its capabilities lead observers to think it could be used to transport troops or conduct surveillance.

Here’s a look at it:

VCG/VCG via Getty ImagesChina’s independently-developed large amphibious aircraft AG600.

9. Meghan Markle has arrived in Fiji as part of her and Prince Harry’s royal tour despite medical advice saying pregnant women should avoid the area because of the risk of the Zika virus, which can affect the development of babies in the womb. The 16-day tour includes Australia, New Zealand, Fiji, and Tonga.

10. Thinking about taking an overseas holiday? Lonely Planet has released its list of the top 10 cities around the world to travel to next year. From the charming streets of Novi Sad, Serbia, to the bustling metropolis that is Shēnzhèn, China, this list is sure to give you fresh ideas for 2019.

BONUS ITEM: An escalator at a Rome subway station went haywire and piled dozens of people onto the floor. At least 10 people were injured in the incident. A video of the event has since gone viral:

Have a great day.

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