Macquarie picks up majority stake in Coastal Waste & Recycling
By Chibuike Oguh NEW YORK (Reuters) – The asset management arm of Australian bank Macquarie Group Limited has bought a…
Australia
Dollar skids to three-week low as US inflation data reinforces Fed pause view
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar dropped to a three-week low on Tuesday on news of the…
Stocks jump, dollar eases as inflation data suggests Fed pause
By Herbert Lash NEW YORK (Reuters) – Global shares rallied and the dollar eased on Tuesday after U.S. consumer price…
HSBC to close New Zealand wealth and personal banking business
(Reuters) -HSBC has decided to wind down its wealth and personal banking business in New Zealand, the bank said on…
Australia mourns 10 wedding guests killed in bus accident
SYDNEY (Reuters) -Australia on Tuesday mourned the 10 people who were killed when a chartered bus carrying wedding guests rolled…
Australian businesses, consumers at risk of sharp slowdown ahead
By Stella Qiu SYDNEY (Reuters) -Australian business and consumer surveys showed on Tuesday that storm clouds were gathering for the…
EV charging body says Tesla’s charger connector is not standardized yet
(Reuters) – CharIN, the industry body promoting the Combined Charging System (CCS) standard to power electric vehicles, said on Monday…
Domino’s Pizza to shut 27 stores in Denmark, Australian construction and supply arm
By Navya Mittal (Reuters) – Australia’s Domino’s Pizza Enterprises said on Tuesday it would shut 27 stores in Denmark, and…
Rio Tinto inks deal to bring iron ore rail car manufacturing to Pilbara
(Reuters) – Mining giant Rio Tinto said on Tuesday it will partner with Western Australia-based Gemco Rail to bring local…
Australia business activity slows sharply in May, more risks ahead
SYDNEY (Reuters) – Australia’s business conditions eased sharply in May, dented by slower gains in sales and employment, suggesting demand…