The surprise launch of a sophisticated $900-plus Huawei Technologies Co. smartphone has captivated China’s technology industry, inspiring hopes that the country’s biggest firms can overcome US sanctions seemingly designed to thwart their ascendancy.
Unlike some other former British colonies, Australia doesn’t have a treaty with its Indigenous population, collectively known as First Nations. There isn’t even a mention of them in the country’s constitution. Prime Minister Anthony Albanese is staking part of his legacy on changing that. He has set a referendum for Oct. 14 that would give Indigenous Australians an official voice — not a veto — in the nation’s politics. But there’s opposition from several sides, including some prominent Indigeno
India’s move to cut cooking gas prices could soften inflation and shift focus toward a reduction in gasoline and diesel prices ahead of some major festivals and key elections, according to Citigroup Inc.
Toyota Motor Corp.’s global production rose 10% last month to a July record of 918,347 vehicles on robust demand and further easing of pandemic-related disruptions.
The Reserve Bank of India must ensure there’s no spillover from the surge in food prices, two monetary policymakers said, as the odds for a rate hike begin to build with inflation at a 15-month high.
Inflation in the German state of North Rhine-Westphalia rose to 5.9% on the year in August, up from 5.8% in July, indicating German inflation may unexpectedly rise.
South Korea plans to offer mortgages with advantageous interest rates to parents of newborns in the latest effort to fight the decline in fertility rates and slow the aging of society.
Auto sales in Europe rose in July as growing demand for electric vehicles and improved parts availability helped fuel an 12th consecutive month of growth.
China’s anticipated cut to rates on existing mortgages marks one of the most concrete actions yet to boost the beleaguered economy, though it likely won’t be enough on its own to shore up growth.
Reliance Industries Ltd. is in discussions with global and domestic executive headhunters to find a leader for Jio Financial Services Ltd.’s newly created insurance business, according to people familiar with the matter.
