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It’s 7am in Newstead. The inner-city, riverside suburb is already a hive of activity. Early-morning, Lycra-clad runners are pounding the boardwalk. Cyclists dart between dog walkers. Cafes are packed. Pilates studios and gyms are full.
NEW YORK (AP) — Macy’s reported its fourth consecutive quarter of comparable sales gains as the department store said an overhaul of its merchandise and better customer service is resonating with customers.
Ukraine has carried out a strike on the outskirts Russia's St Petersburg, hours before the opening of a major economic forum designed to attract foreign investment into the country.
Shares in KKR, Blackstone and other sector peers tumbled in premarket trading on Wednesday as fears over private market valuations returned to the spotlight after Switzerland's Partners Group moved to restrict investor withdrawals from one of its funds.
Indonesian President Prabowo Subianto in May unveiled a new state-backed body tasked with managing exports of key commodities, raising concerns among investors. © Reuters
Andy Burnham, the frontrunner to overthrow U.K. Prime Minister Keir Starmer, abruptly cancelled a call aimed at placating investors nervous about his potential policy mix on Monday, the FT reported.
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The annual St. Petersburg International Economic Forum (SPIEF) opened on Wednesday under a cloud of black smoke after Ukrainian drones struck a nearby oil terminal and naval hub earlier in the morning.
British Airways announced earlier this week that it is extending the suspension of flights to most Middle East destinations through the end of the summer flight schedule, at least until October 25, 2026.
In survey of more than 300 fired probationary employees, 95% reported continuing mental health effects
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Oil prices rose more than 2 per cent on Wednesday and moved closer to the $100 a barrel mark following fresh attacks in the Middle East, raising supply fears, as a potential deal between the US and Iran remains elusive.
Fund managers must now adhere to strict mandates, focusing on transparency and traditional industries, which will reshape investment strategies
Fund managers must now adhere to strict mandates, focusing on transparency and traditional industries, which will reshape investment strategies
Trade minister says Australia has ‘robust, comprehensive and world-leading legislation addressing forced labour and modern slavery’
Energy and military sites targeted as guests gather for economic forum where Putin is due to speak on Friday
Higher prices and global shocks have fuelled demand for gold, as central banks hedge against uncertainty
Higher prices and global shocks have fuelled demand for gold, as central banks hedge against uncertainty
Motorcyclists line up at a gasoline station in Hanoi as rising fuel costs push up prices in Vietnam as well as the value of imports. © Reuters
Most media companies have a fast-paced office area and a vibrant studio; a space for operations and the other for production.
SEOUL, June 3 (Yonhap) -- Cheong Wa Dae said Wednesday the government will do its best to ensure that the balance of benefits under the existing South Korea-U.S. tariff agreement will not be compromised after Washington proposed additional duties on goods from 60 economies following a forced labor probe.
Alibaba launched its AI app Qwen in November and is now tweaking its AI agent strategy. © Reuters
Watchdog makes ruling on search summaries after publishers complain about drop in click-through traffic and revenue
UAE's non-oil business activity picked up slightly in May as output expanded during the month due to higher local demand, despite Iran war uncertainty.
The number of babies born in 2025 was 671,236, down 2.2% from 2024, but the pace of the decline is slowing down. (Photo by Shogo Kodama)
U.S. Treasury yields edged higher on Wednesday as traders await a fresh batch of domestic economic data, while events in the Middle East also continue to weigh on market sentiment.
A new European Union directive on pay transparency means that companies in Spain must provide more information on salaries in the job advert itself and before the application and interview process.
Soochow Securities to acquire a US$1.7 billion stake in rival Donghai as it looks to boost its assets and market position
Soochow Securities to acquire a US$1.7 billion stake in rival Donghai as it looks to boost its assets and market position
KYIV — Ukraine attacked an oil terminal in St. Petersburg in the early hours of Wednesday morning — just before Russian President Vladimir Putin’s big economic forum kicked off in the city.
Russian air defences shot down 50 drones over the Leningrad region around St Petersburg, Governor Alexander Drozdenko said, as the city hosts Russia’s main annual international economic forum.
This is AI generated summarization, which may have errors. For context, always refer to the full article.
Sales of Tesla's China-made electric vehicle rose by nearly 40% in May amid a broader recovery in the country's EV market.
Tesla’s China sales rebounded in May on financing incentives and stronger demand, but local competitors are gaining momentum
Tesla’s China sales rebounded in May on financing incentives and stronger demand, but local competitors are gaining momentum
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The Organization for Economic Cooperation and Development on Wednesday raised South Korea's economic growth outlook for this year to 2.6 percent from 1.7 percent three months earlier, citing the country's robust chip exports amid the artificial intelligence boom.
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Alphabet's plan to sell $80 billion in shares to fund its artificial intelligence commitments leaves markets in "unprecedented territory", co-chief executive officer at Goldman Sachs International Anthony Gutman told CNBC in an exclusive interview on Wednesday.
Novo Nordisk is launching its weight loss pill Wegovy in the United Arab Emirates, the Danish drugmaker said Wednesday, marking its first launch outside the U.S. market.
The NSW and Victorian governments are scrutinising their multimillion-dollar relationships with KPMG, after the consulting giant last week confirmed confidential client data had been shared, throwing the company into turmoil.
Dozens of ships have managed to sneak through the Strait of Hormuz in recent weeks, but attempts remain highly risky and are no substitute for a free and open waterway, industry experts have warned.
Zhang Yiming passed Mukesh Ambani to become Asia’s second-richest person after an increase in ByteDance's valuation and further progress in the Chinese companies’s AI ambitions.
Black smoke rises over major fuel terminal as city hosts Vladimir Putin’s global economic summit
Black smoke rises over major fuel terminal as city hosts Vladimir Putin’s global economic summit
The time Perth homes spent on the market has blown out to a median of two weeks, according to new data, but houses are still being snapped up in suburbs once considered working-class.
Even China’s inventories are now starting to decline, with Gulf oil supplies likely to take months to recover even if a peace deal is agreed
Even China’s inventories are now starting to decline, with Gulf oil supplies likely to take months to recover even if a peace deal is agreed