Business news

AUD/NZD, AUD/USD analysis ahead of May RBA decision

May 01, 2023 08:29 PM AEST | By Invezz

The AUD/NZD and AUD/USD drifted upwards ahead of the upcoming RBA interest rate decision. The AUD/USD price jumped to a high of 0.6643, the highest po...

Coles sales up 6.5pct third quarter to $9.7b

April 28, 2023 10:51 AM AEST | By AAPNEWS

Increasing cost of living pressures on customers have not impacted Coles supermarket sales with results exceeding expectations.

Europe’s economy barely grows as inflation pinches consumers

April 28, 2023 10:45 AM AEST | By PAMEDIA

The 20 countries that use the euro currency picked up speed in the first quarter after zero growth in the last three months of 2022.

AUD/USD forecast: signal amid the Fed and RBA divergence

April 26, 2023 06:05 PM AEST | By Invezz

The AUD/USD exchange rate has made a bearish breakout in the past few days. It has dropped in the past two straight days as investors predict a diverg...

20% of people ‘less confident than six months ago about paying rent...

April 23, 2023 01:45 AM AEST | By PAMEDIA

HSBC UK and housing charity Shelter have announced a new partnership to support the financial health of people and communities.

Credit Suisse investors sue after facing billions in losses

April 21, 2023 01:24 PM AEST | By PAMEDIA

The investors are contesting an order by the Swiss Financial Market Supervisory Authority that wiped out billions in higher-risk bonds.

Nokia warns over economic situation as it reports lower profits than...

April 20, 2023 09:50 AM AEST | By PAMEDIA

The wireless and fixed-network equipment maker reported net profit of 342 million euros (£300 million) for the January-March period.

Credit Suisse accused of hindering probe into Nazi-linked accounts

April 19, 2023 10:35 AM AEST | By PAMEDIA

US senators said some accounts linked to Nazi Germany were open until just a few years ago.

Square launches new hardware-free tap-to-pay service

April 17, 2023 03:50 PM AEST | By AAPNEWS

Square Australia has launched a new tap-to-pay service that will let merchants accept payments simply via a smartphone.

Not-for-profit lettings agency will help ease ‘chronic lack’ of affo...

April 17, 2023 01:21 PM AEST | By PAMEDIA

Lloyds Banking Group said fundraising will support Crisis to develop and launch a new not-for-profit lettings agency.

Wood Group to ‘engage’ with private equity suitor over £1.7bn propos...

April 17, 2023 08:20 AM AEST | By PAMEDIA

Apollo Management made a fifth takeover approach for Wood Group earlier this month worth 240p a share in cash.

Industrial action helped workers secure extra £2bn in pay, figures s...

April 16, 2023 04:14 PM AEST | By PAMEDIA

The STUC released data covering workers in health, education, local government, the fire service, transport, and telecoms.

Head of Slovakia’s central bank convicted of bribery

April 13, 2023 03:41 PM AEST | By PAMEDIA

The country’s Special Criminal Court handed National Bank of Slovakia governor Peter Kazimir a fine and a two-year suspended sentence.

List of 15 Barclays branches set to close

April 12, 2023 12:28 PM AEST | By PAMEDIA

It brings the total of Barclays branches closing this year to 73.

Barclays closing another 15 bank branches

April 12, 2023 12:12 PM AEST | By PAMEDIA

The high street brand has plans to shut 73 locations in total this year.

Barclays names 15 more branches to close

April 12, 2023 12:12 PM AEST | By PAMEDIA

The high street brand has plans to shut 73 locations in total this year.

Pakistanis living abroad sent £2 billion home in March

April 10, 2023 09:37 AM AEST | By PAMEDIA

The response to the government’s appeal for more hard currency remittances offers some hope for improving the ailing economy, officials said.

Global economic growth set to fall below 3% this year, IMF chief war...

April 06, 2023 02:29 PM AEST | By PAMEDIA

Kristalina Georgieva warned poverty and hunger could increase further during 2023.

Regulator defends rescue of Credit Suisse via UBS takeover as ‘best...

April 05, 2023 08:39 AM AEST | By PAMEDIA

Urban Angehrn, chief executive of the Swiss Financial Market Supervisory Authority, or FINMA. defended the move.

UBS boss admits ‘huge’ risks in merging with Credit Suisse