By Lewis Jackson SYDNEY (Reuters) -PricewaterhouseCoopers Australia staff who are found to have acted improperly in a scandal over the leaking of government tax plans will face “severe” consequences, acting chief executive Kristin Stubbins told a state parliament inquiry on Monday. In her first public appearance since her predecessor resigned over his involvement in the…
By Lewis Jackson SYDNEY (Reuters) -PricewaterhouseCoopers Australia staff who are found to have acted improperly in a scandal over the leaking of government tax plans will face “severe” consequences, acting chief executive Kristin Stubbins told a state parliament inquiry on Monday. In her first public appearance since her predecessor resigned over his involvement in the…
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) -A Bank of Japan (BOJ) policymaker called for an early revision to its controversial yield curve control, a summary of opinions at the June meeting showed on Monday, suggesting the central bank’s ultra-loose monetary settings may be at a crossroads. While analysts see the communication as reflecting…
By Hilary Russ and Caroline Valetkevitch (Reuters) – Workers at dozens of U.S. Starbucks locations held strikes on Sunday to express their outrage over accusations by the baristas’ union that managers at several U.S. cafes removed rainbow flags and decorations supporting LGBTQ+ Pride month. About a dozen Starbucks workers picketed outside New York’s Astor Place…
(Reuters) – Law-enforcement officials and retailers are investigating a recent wave of bomb threats across the United States, targeting grocery operators and other stores, the Wall Street Journal reported on Sunday. Retail companies including Kroger, Walmart and Amazon’s Whole Foods Market, among others, have received bomb threats at their stores in recent months, the report…
By Melanie Burton and Harish Sridharan MELBOURNE (Reuters) – Element 25 Ltd said on Monday it will supply manganese sulphate to General Motors as the automaker looks to secure supply of battery minerals for its North American electric vehicles, sending the miner’s shares up more than 20%. The deal is the second by General Motors…
By Florence Tan SINGAPORE (Reuters) – Oil prices rose in early Asian trade on Monday after a failed mutiny by Russian mercenaries over the weekend raised concerns about political instability in Russia and the potential impact on oil supply from one of the world’s largest producers. Brent crude futures rose 95 cents, or 1.3%, to…
SEOUL (Reuters) – North Korea held mass rallies in Pyongyang where people shouted slogans vowing a “war of revenge” to destroy the United States, as it marked the 73rd anniversary of the outbreak of the Korean War, state media reported on Monday. About 120,000 working people and students took part in the rallies held across…
By Tetsushi Kajimoto TOKYO (Reuters) -Japan will not rule out any options available to respond appropriately to excessive currency moves, its top currency diplomat Masato Kanda said on Monday, stepping up warnings against recent yen weakening that was “rapid and one-sided.” The vice finance minister for international affairs also told reporters that currencies should move…
By Mohi Narayan and Andrew Hayley (Reuters) – China is relentlessly adding new petrochemical capacity despite a global glut as the country’s refiners diversify from transport fuels, threatening to depress margins worldwide through 2024 as weak economic growth saps demand. In an ominous sign for producers of the chemicals used in plastic packaging, polyester clothing…