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…
Economy
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…
Court says Trump must face New York civil fraud claims, tosses case against Ivanka
By Jonathan Stempel NEW YORK (Reuters) -A New York appeals court on Tuesday rejected Donald Trump’s bid to end the…
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…
Pakistan hopes for bailout decision in day or two as IMF seeks deal ‘quickly’
ISLAMABAD (Reuters) -Pakistan hopes a bailout decision from the International Monetary Fund (IMF) will come in a day or two,…
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…
Global initiative launched to rate corporate carbon offset claims
By Susanna Twidale LONDON (Reuters) – A standard to assess companies’ claims about progress towards internal climate targets and their…
Dollar weaker after data burst, euro rises on ECB comments
(Refiles to correct first sentence to fix day of week to Tuesday) By Chuck Mikolajczak NEW YORK (Reuters) – The…