By Hannah Lang (Reuters) – The competitive threat of financial technology companies to big banks diminished over the past year…
New Biden EV charger rules stress Made In America, force Tesla changes
By Jarrett Renshaw and Hyunjoo Jin (Reuters) -The Biden administration on Wednesday issued long-awaited final rules on its national electric…
Australian rates have not peaked, path to soft landing narrow – RBA
SYDNEY (Reuters) -The head of the Reserve Bank of Australia (RBA) reiterated on Wednesday that interest rates had not peaked,…
Out of lockdown, Kmart pushes Australia’s Wesfarmers to higher profit
By Byron Kaye and Roushni Nair (Reuters) -Australia’s biggest listed conglomerate Wesfarmers Ltd booked a better-than-expected interim profit as a…
Australia’s Fortescue FFI sees Texas potential among 5 key projects
MELBOURNE (Reuters) – Australia’s Fortescue Metals Group sees green hydrogen production in Texas as likely to be one of five…
Stocks, dollar make little progress, after U.S. inflation data
By Sinéad Carew (Reuters) – The S&P 500 ended Tuesday’s volatile session slightly lower while the dollar was barely higher…
Dollar hits six-week high vs yen; rises from two-week low after U.S. inflation data
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar hit a six-week high against the yen and recovered from a…
Britain sets out legislation to regulate buy-now-pay-later credit
By Huw Jones LONDON (Reuters) -Britain on Tuesday set out draft legislation to regulate “buy now pay later” (BNPL) credit,…
Australia’s iron ore giants face earnings, dividend plunge
By Himanshi Akhand and Melanie Burton BENGALURU/MELBOURNE (Reuters) – Australia’s iron ore giants BHP Group, Rio Tinto and Fortescue are…
Star Entertainment shares extend fall on impairment charge warning
By Savyata Mishra (Reuters) – Shares of Star Entertainment Group fell to a record on Tuesday, extending losses after the…