Business news

AUD/NZD forecast after the Australian jobs data and NZ budget
May 18, 2023 02:41 PM AEST | By InvezzThe AUD/NZD exchange rate dropped to a low of 1.0624, the lowest level since May 11 after the latest Australian jobs and New Zealand PPI data. It has...

Slender uptick for Scottish retail sales as inflation eats away at g...
May 16, 2023 03:42 PM AEST | By PAMEDIAIn April, sales north of the border went up by just 0.3% last month once inflation was taken into account, the Scottish Retail Consortium said.

Ayrshire firm fined £75,000 in Scottish first
May 16, 2023 12:15 PM AEST | By PAMEDIAGas leaked out of four water chillers, according to environmental body Sepa.

European growth forecast raised to 1.1% after winter recession avoid...
May 15, 2023 09:12 AM AEST | By PAMEDIAEurope had faced expectations of a winter energy catastrophe after Russia cut off most supplies of natural gas to the continent.

John Wood Group suitor drops £1.7bn takeover plans
May 15, 2023 06:47 AM AEST | By PAMEDIAUS firm Apollo Management said it would not be making an offer for Aberdeen-based Wood Group, just two days before the deal deadline.

G7 finance leaders vow to contain inflation as talks in Japan wrap u...
May 13, 2023 04:58 AM AEST | By PAMEDIAThe finance leaders’ talks laid the groundwork for a summit of G7 leaders in Hiroshima next week.

G7 talks focus on ways to fortify banks as China accuses group of hy...
May 12, 2023 09:08 AM AEST | By PAMEDIATensions with China and Russia’s invasion of Ukraine loomed large over talks in Niigata.

Yellen warns US default would be ‘a catastrophe’ as G7 finance minis...
May 11, 2023 07:01 AM AEST | By PAMEDIAThe impasse over spending risks leaving the US government unable to pay for teachers and medical care for veterans.

Construction begins on ‘carbon neutral’ Sutherland Spaceport
May 04, 2023 03:46 PM AEST | By PAMEDIASutherland Spaceport will be home to the rocket company Orbex.

European Central Bank announces quarter-point rise in interest rates
May 04, 2023 12:32 PM AEST | By PAMEDIAThe decision comes a day after the US Federal Reserve also approved a quarter-point increase.

Scottish college lecturers start boycott as part of industrial actio...
May 02, 2023 01:58 PM AEST | By PAMEDIAEIS-Fela members will not enter students’ marks into college systems as part a dispute over pay.

European Central Bank set to raise interest rates after inflation ed...
May 02, 2023 09:33 AM AEST | By PAMEDIAThe inflation rate in the eurozone rose to 7% in April.

AUD/NZD, AUD/USD analysis ahead of May RBA decision
May 01, 2023 08:29 PM AEST | By InvezzThe 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 AAPNEWSIncreasing 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 PAMEDIAThe 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 InvezzThe 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 PAMEDIAHSBC 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 PAMEDIAThe 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 PAMEDIAThe 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 PAMEDIAUS senators said some accounts linked to Nazi Germany were open until just a few years ago.