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…
Economy
Intel in talks to be anchor investor in Arm IPO – source
(Reuters) – Intel is in talks with SoftBank Group Corp’s Arm to be an anchor investor in the chip designer’s…
Germany’s photovoltaic system demand set for double-digit growth this year, lobby says
BERLIN (Reuters) – German demand for photovoltaic power systems is expected to grow at a double-digit rate this year with…
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…
Exclusive-SoftBank prepares new round of layoffs at Vision Fund -sources
By Krystal Hu SAN FRANCISCO (Reuters) – SoftBank Group Corp is planning a fresh round of layoffs at its Vision…
White House: US shared concerns with Cuba about hosting China spy base
By Trevor Hunnicutt WASHINGTON (Reuters) -The United States has made its concerns known to the Cuban government about Cuba hosting…
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…
New Zealand’s economy likely in recession as rate hikes take hold
By Lucy Craymer WELLINGTON (Reuters) – The New Zealand central bank’s aggressive hiking of the cash rate likely pushed the…
China’s Xi says willing to begin free trade talks with Honduras
BEIJING (Reuters) -China is willing to begin talks on a free trade agreement with Honduras “as soon as possible”, Chinese…