Floods to hurt Australian GDP growth forecast, push up vegetable prices: treasurer

CANBERRA, Oct. 21 .  — Flooding in Australia’s southeast will harm the country’s projected economic growth,…

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IMF chief warns of risk of geopolitical fragmentation

Washington, Oct 15 . There is a risk of geopolitical fragmentation, as geopolitics turn into geo-economics…

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BRICS explores creating new reserve currency

The BRICS countries are exploring establishing a new reserve currency to better serve their economic interests,…

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Australian Treasurer ‘optimistic’ despite forecast downgrade

Canberra, Sep 27 . Australian Treasurer Jim Chalmers on Tuesday said he is “still optimistic” about…

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Bank of England raises interest rates

London, Sep 23 .  To tackle high inflation, the Bank of England (BoE) has increased interest…

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Luxury homes hardest hit by property slump

Homeowners in Australia’s most expensive suburbs are bearing the brunt of the national property price downturn,…

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World Bank warns of rising global recession risk amid simultaneous rate hikes

Washington, Sep 16 .  As central banks across the world are simultaneously hiking interest rates in…

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Reserve Bank of Australia Guv expects ‘unwelcome’ rate hikes

Canberra, Sep 16 .  The Reserve Bank of Australia’s Governor Philip Lowe said on Friday that…

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United Airlines to buy 200 air taxis from electric aviation startup

New York, Sep 9 . United Airlines has announced a $15 million investment in electric aviation startup…

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ECB raises interest rates by 75 basis points

Frankfurt, Sep 9 .  The European Central Bank (ECB) has raised key interest rates by 75…

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Australia to maintain coal and gas exports: PM

Canberra, Sep 6 .  Australian Prime Minister Anthony Albanese has assured the resources industry that the…

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Warm and Friendly Person’: TCS condoles Cyrus Mistry’s demise

New Delhi, Sep 4 (T.Santha) Leading IT firm, Tata Consultancy Services (TCS) condoled its former Chairman Cyrus…

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Aus increases annual migrant intake to resolve labour shortage crisis

Canberra, Sep 2 .  The Australian government has committed to increasing the nation’s annual migration cap…

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Odisha CM invites industries to invest ahead of ‘Make In Odisha’ Conclave

New Delhi, Sep 1 .  Odisha Chief Minister Naveen Patnaik has addressed the Investors’ meet and…

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Gautam Adani is first Asian to become world’s third richest

New Delhi, Aug 30 .  Gautam Adani was already Asias richest man and now he is…

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Inflation, rate hike won’t knock out Indian Inc: Report

Mumbai, Aug 26 .  Indian companies and banks is expected to feel the bite of high…

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Australian shoppers shift to cheaper goods amid inflation

Canberra, Aug 25 .  As Australians struggle with an ongoing multi-decade high inflation, the nation’s largest…

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Oracle Homes goes into liquidation owing $14m and leaving 300 homes incomplete

Oracle Building Corporation, which trades as Oracle Platinum Homes and Oracle Hunter Homes, went into liquidation…

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RBA cash rate hitting 3% could cost you $6,294 a monthB

If the Reserve Bank of Australia (RBA) were to hike the cash rate to 3 per…

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UN trade body urges actions to curb cryptocurrencies in developing countries

United Nations, Aug 11 . The UN Conference on Trade and Development (UNCTAD) called for action…

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Metricon will reduce its workforce by approximately 10% as a result of challenges in the construction industry.

Preston Aug 3,2022(AE)Metricon, a troubled building company, will reduce its workforce by approximately 10% to combat…

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Majority Victorian homeowners are being pressured by their mortgages

Preston Aug 3,2022(AE)As interest rates continue to rise each month, nearly 50,000 more Victorian homeowners have…

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The U.S. Dollar Will Collapse Within 24 Months! Got Gold (or Silver)?

Buy Gold and Silver Now As the Ultimate Store of Wealth The consequences of decades of…

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US unofficially plunges into recession after economy shrinks for second quarter running

The United States has unofficially plunged into recession after its economy shrank for a second quarter…

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Recession fears weigh on commercial property

Property is usually regarded as a good hedge against inflation. Landlords’ ability to increase rents can…

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Kerala in dire financial straits: Minister seeks Sitharaman’s intervention

Thiruvananthapuram, July 26 . Kerala Finance Minister K.N. Balagopal has written a letter to Union Finance…

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Peak RBA cash rate expectations are raised by NAB and Westpac.

Preston 25 July,2022(AE) As Westpac and NAB increased their Reserve Bank cash rate estimates to include higher…

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United Nations using COVID-19 to take over the world

The United Nations has a campaign called “sustainable development” that includes 17 goals to make the…

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Rupee fall against dollar, leaves parents worried, domestic tourism benefits

Chennai, July 21 .  The fall in rupee against the US dollar will be pinching the…

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China’s economy contracts sharply as coronavirus lockdowns hit businesses and consumers

Beijing, July 15 .  China’s economy contracted sharply in the second quarter of this year as…

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