Australia’s consumer inflation hits 13-month low, adding to rate pause case
By Stella Qiu SYDNEY (Reuters) – Australia’s consumer inflation slowed to a 13-month low in May, driven by a sharp…
Business
Over $200 billion potentially stolen from U.S. COVID relief programs, watchdog says
By Kanishka Singh WASHINGTON (Reuters) – Over $200 billion from the U.S. government’s COVID-19 relief programs were potentially stolen, a…
Panama pledges to purge more substandard ships from world’s largest registry
PANAMA CITY (Reuters) – The Panama Maritime Authority (AMP) said on Tuesday it would continue to clean up its fleet…
One in seven Britons faced hunger in 2022, says food bank charity
By James Davey LONDON (Reuters) – One in seven people in the United Kingdom faced hunger last year because they…
US FDA declines to approve Regeneron’s higher-dose Eylea, shares tumble
By Khushi Mandowara (Reuters) – U.S. health regulators on Tuesday declined to approve a higher-dose version of Regeneron Pharmaceuticals’ drug…
Australia eyes bigger budget surplus but warns economy still slowing
By Renju Jose SYDNEY (Reuters) – Australia’s budget surplus for 2022/23 will be bigger than the A$4.2 billion ($2.81 billion)…
UBS to cut more than half of Credit Suisse workforce – Bloomberg News
(Reuters) -UBS Group is looking to cut more than half of Credit Suisse’s workforce from next month as a result…
Qantas names Rob Marcolina new CFO in latest management overhaul
(Reuters) – Qantas Airways has appointed Rob Marcolina as its new chief financial officer, the company said on Wednesday, succeeding…
Bankman-Fried loses bid to toss criminal charges over FTX’s collapse
By Luc Cohen NEW YORK (Reuters) -A federal judge on Tuesday rejected Sam Bankman-Fried’s bid to throw out most of…
Factbox-Who is behind the sweeping MOVEit hack?
By Raphael Satter (Reuters) – The cl0p ransomware gang is claiming a new set of victims from its hack of…