Bloomberg Business

Philippines’ overall inflation cooled for a third straight month in April from a year ago and was below all analysts estimates, supporting the case for a pause in monetary policy tightening.

A free-trade agreement between Australia and the UK will take effect May 31 as Prime Minister Anthony Albanese highlighted the deflationary benefits of the deal during a visit to London for King Charles III’s coronation.

BMW AG is the latest carmaker to upgrade its recall of vehicles with Takata airbags, telling owners to park the 90,000 affected sedans and SUVs until the defective equipment has been replaced.

The family behind Taylor’s Education Group is exploring the sale of a minority stake in a unit that owns private universities in Malaysia and Vietnam, according to people with knowledge of the matter.

The Pentagon is seeking a meeting between Defense Secretary Lloyd Austin and his Chinese counterpart in Singapore next month, according to people familiar with the matter, as the Biden administration tries again to restart military contacts despite China’s earlier refusal.

Leaked document from a senior software engineer sounds the alarm about Google’s edge in artificial intelligence. 

A blockbuster result from Macquarie Group Ltd.’s commodities trading business helped offset a downturn in dealmaking to deliver the bank a 10% jump in annual profit.

Tesla Inc. raised the prices of its premium models in China, following a small increase in the cost of its top-selling Model 3 and Model Y earlier in the week.

Australia’s central bank lowered its forecasts for inflation, wages and broader GDP growth this year, suggesting its 11 interest-rate increases since last May are gaining traction in the economy.

Prime Minister Justin Trudeau’s government is assessing the consequences of potentially expelling a Chinese diplomat accused in media reports of targeting a Canadian lawmaker’s family for sanctions for political reasons.