The Reserve Bank of Australia has raised its official cash rate for the third consecutive time this year, taking it to 4.35% and effectively erasing all the monetary easing delivered …
Business
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A widely reported figure this past week is that 81,747 tech workers lost their jobs in Q1 2026, the highest quarterly layoff figure the industry has seen in at least …
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Business
Evening digest: Trump displeased with Iran talks, jolts EU with auto tariffs
by adminby adminPresident Donald Trump expressed dissatisfaction with ongoing Iran negotiations, while also announcing plans to raise tariffs on EU auto imports to 25%. Oil prices eased amid renewed diplomatic signals, even …
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Federal Reserve Chair Jerome H. Powell has capped his eight-year tenure with one of the most contentious policy moments in decades, underscoring deep divisions within the central bank. Besides, his …
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Business
Thermos recalls 8.2 million bottles after stoppers eject, causing injury and reported vision loss
by adminby adminThermos is recalling 8.2 million containers after consumers suffered laceration injuries — and in some cases reported permanent vision loss — when stoppers forcefully ejected from the products and struck …
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Roughly 36,000 Heartwarming Hugs Bears, a stuffed animal manufactured by Build-A-Bear, are being recalled due to a zipper detaching from the bear’s pouch. Subscribe to read this story ad-free Get …
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British house prices unexpectedly increased in April, even as consumer confidence weakened amid rising geopolitical tensions, according to a report by Nationwide Building Society . House prices rose 0.4% month-on-month …
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US President Donald Trump said he will raise tariffs on cars and trucks imported from the European Union to 25%, escalating trade tensions as Washington accuses the bloc of failing …
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Senior officials from the United States and China held what Beijing described as “candid, in-depth and constructive” discussions on trade and economic issues. Both sides seek to stabilise relations ahead …
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April proved to be an extraordinary month for stock market gains. But not everywhere. After a storming bounce-back following the selloff in March triggered by the US/Iran war, European and …