Finance news you need to know today

PUERTO Rico’s government says it plans to install 200 slot machines at the island’s main international airport to boost revenues.

Tough times in Puerto Rico.

HERE are seven things making news in business and finance today.

1. SYDNEY — The Australian dollar has fallen against the US dollar. At 0635 AEST on Monday, the local unit was trading at 74.77US cents, down from 75.15 cents on Friday.

2. SYDNEY — The Australian market looks set to open flat after Wall Street’s last trading session closed lower, dragged down by big banks following Deutsche Bank’s fine. At 0645 AEST on Monday, the share price index was unchanged at 5,275.

3. NEW YORK — Malcolm Turnbull is urging the US Congress to pass the major Trans- Pacific Partnership Trade deal in the window before President Obama leaves the White House.

4. LONDON — Claims that Theresa May told one of Brussels’ most senior figures that she wants to trigger the formal process to pull Britain out of the European Union early next year are an “interpretation” of their conversation, a Downing Street source has said.

5. WASHINGTON — The World Trade Organisation has ruled against India and delivered a victory to US companies that make solar batteries and equipment.

6. SEOUL — South Korean tech giant Samsung Electronics Co Ltd says it has sold shares in ASML Holding NV, Rambus Inc, Seagate Technology Plc and Sharp Corp.

7. SAN JUAN, Puerto Rico — Puerto Rico’s government says it plans to install 200 slot machines at the island’s main international airport to boost revenues amid a dire economic crisis.