Australian Retail Sales Exceed Forecasts as Spending Resilient
Australian retail sales climbed more than expected in May, suggesting that household spending remains resilient in the face of rising interest rates and cost of living pressures.
Australian retail sales climbed more than expected in May, suggesting that household spending remains resilient in the face of rising interest rates and cost of living pressures.
The Biden administration’s proposal to crack down on vehicle pollution with strict new tailpipe emission limits isn’t reasonable or achievable by a 2032 deadline, according to the biggest auto industry trade group in the US.
Stocks ticked higher in a subdued open to trading around Asia on Thursday as investors weighed central bank hawkishness and positioned for the end of the quarter.
The US Department of Health and Human Services was ensnared by a sweeping hacking campaign that exploited a flaw in file-transfer software called MOVEit, according to an official with the department.
OneDegree Hong Kong Ltd., a virtual insurance firm, raised $27 million in a fresh funding round to fuel an Asia expansion and investments in artificial intelligence.
Shares of Rakuten Group Inc. have tumbled in recent weeks, splitting ways with a surging Japanese equity market, as concerns mount over its debt levels and its ability to make mobile operations profitable.
Shares of Rakuten Group Inc. have tumbled in recent weeks, splitting ways with a surging Japanese equity market, as concerns mount over its debt levels and its ability to make mobile operations profitable.
Micrososft Corp.’s chief executive officer reaffirmed his company’s promise to keep Activision Blizzard Inc.’s top-selling Call of Duty on rival Sony Corp.’s PlayStation console as he sought to defend the biggest-ever video gaming deal from a regulatory attack.
ChatGPT creator OpenAI Inc. is stealing “vast amounts” of personal information to train its artificial intelligence models in a heedless hunt for profits, a group of anonymous individuals claimed in a lawsuit seeking class action status.
Ocado has reduced prices on more than 100 products as the online grocer attempts to win over shoppers affected by the UK’s cost-of-living crisis.