Australia is considering a “broader definition” of full employment and aims to plug labor market data gaps, a new policy paper showed, as the government prepares to tweak the central bank’s mandate.
Qantas Airways Ltd.’s new boss Vanessa Hudson started work trying to restore the airline’s battered reputation with increased spending on major customer bugbears such as on-board catering, call-center staffing and loyalty-point flight redemptions.
China scythed nearly $600 billion off Tencent Holdings Ltd.’s market value in its crackdown on tech and gaming. Now the country is betting on its biggest company — and professionalized video games — to help restore some national pride.
India’s highest value banknote will be withdrawn in less than a week — and there’s still almost 240 billion rupees ($2.9 billion) worth of the notes in circulation.
Posco, one of the world’s top steelmakers, would need to consider moving some of its most energy-intensive manufacturing out of South Korea if it’s unable to switch to greener processes, according to an executive.
The impact of a deeper economic deterioration in China will be mainly felt in Australia through weaker trade and reduced risk appetite in financial markets, Australian regulators said in a quarterly statement.
President Emmanuel Macron said French troops will leave Niger by year’s end, bowing to the demands of a junta in the former colony after a coup that upended France’s strategy in Africa.
The British Business Bank swung to a loss of £135 million ($165 million) in the year through March, as the UK’s state development bank was stung by the broader downturn in startup valuations.
Iraq’s central bank will restrict all internal commercial transactions to the Iraqi dinar starting next year, the bank said in a statement, citing governor Ali Al-Allaq.
A NASA capsule containing chunks of an asteroid that may hold clues to the solar system landed in the Utah desert on Sunday.
