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Business news
Global economic growth set to fall below 3% this year, IMF chief war...
April 06, 2023 02:29 PM AEST | By PAMEDIAKristalina 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 PAMEDIAUrban 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
April 05, 2023 08:39 AM AEST | By PAMEDIAHowever, Colm Kelleher voiced confidence that the Swiss bank will benefit from the government-engineered takeover.
Zoopla finds £14,000 average price reduction on homes sold at a disc...
April 04, 2023 11:19 AM AEST | By PAMEDIABuyers and sellers are ‘not miles apart’ on pricing, which is helping deals to be agreed, the website said.
Passport Office staff in Scotland ‘relying on food banks’ as strike...
April 03, 2023 08:50 AM AEST | By PAMEDIAPublic and Commercial Services Union members at the Passport Office are walking out for five weeks.
Oil producers announce surprise cuts in move which could force up pr...
April 02, 2023 06:03 PM AEST | By PAMEDIASaudi Arabia was joined by other major oil producers in cutting the number of barrels they produce each day.
Saudi Arabia risks angering US as it announces cut in oil production
April 02, 2023 03:25 PM AEST | By PAMEDIAThe move will likely raise oil prices, further straining relations between Riyadh and Washington.
Full list of NatWest, Lloyds, Halifax, Bank of Scotland and RBS bran...
March 31, 2023 10:20 AM AEDT | By PAMEDIAMore bank branches are to close across the UK.
Huawei profit plummets amid sanctions but sales rise
March 31, 2023 09:59 AM AEDT | By PAMEDIAThe tech giant said its annual revenue for 2022 reached 642.3 billion yuan (£75.55 billion), a 0.9% gain from the year before.
Harvey Norman spruiks Malaysia opportunity
November 24, 2022 11:16 AM AEDT | By AAPNEWS<p>Harvey Norman, which is holding its annual general meeting, says quarterly sales for its 28 Malaysian outlets have jumped by almost 40 per cent.</p...
QBE warns of $100m catastrophe blowout
November 21, 2022 01:16 PM AEDT | By AAPNEWS<p>QBE expects to exceed its catastrophe allowance by around $100 million this year as the war in Ukraine and extreme weather events cause elevated cl...
Retail sales strong but rate rises biting
October 31, 2022 02:49 PM AEDT | By AAPNEWS<p>Spending reached another high in September with price inflation and an extra national public holiday contributing to a $35.1 billion month for reta...
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