Bloomberg Business

Swiss luxury watchmakers who’ve weathered the rise of smartwatches, a pandemic and the highest inflation in decades say they’re worried about a new threat: the strong franc.

Australia has struck a deal with Tasmania to keep a multi-billion dollar undersea power cable project linking the island state with the mainland afloat, despite cutting the capacity in half due to a blow out in costs.

New Zealand’s main opposition National Party launched its bid to unseat the Labour government with a pledge to reduce inflation and boost the economy if it wins the October election.

Foxconn Technology Group’s billionaire founder Terry Gou resigned from his position on the company’s board as he ramps up his campaign to become president of Taiwan.

The renewable energy unit of South Korea’s SK Inc. secured a site required to develop a $15 billion green hydrogen project in Canada that’s set to be one of the world’s biggest.

The leader of Australia’s opposition Liberal Party said it will hold a second referendum to recognize Indigenous people in the country’s constitution if the national vote on whether to incorporate an advisory body on matters affecting them fails on Oct. 14.

President Joe Biden surveyed damage from Hurricane Idalia in Florida without meeting Governor Ron DeSantis, even after the two potential 2024 rivals sought to show they can put aside politics and cooperate in the disaster response.

For the first time since the Federal Reserve started raising interest rates almost 18 months ago, the labor market is showing enough cracks to embolden some of the world’s largest bond investors to bet that the tightening cycle is finally ending.