CEO of Australia’s biggest bank cautions on risks
Commonwealth Bank of Australia (CBA) chief executive officer Matt Comyn says risks are mounting in the economy after profit at…
Walmart in talks to buy Vizio for more than US$2bil
Walmart is in talks to buy smart-television manufacturer Vizio for more than US$2bil, the Wall Street Journal reports, a move…
South Korea price pressures poised to ease
South Korea’s state-run think tank says inflation is expected to cool at a faster pace this year than previously projected…
Travel companies temper hopes for 2024
The buzzword from travel companies for 2024 is “normal”. After the pandemic slammed the brakes on the tourism industry, and…
Nvidia market cap threatens Alphabet
Nvidia is on the verge of overtaking Alphabet as Wall Street’s third most valuable company.
China’s BYD planning new electric vehicle plant in Mexico
China’s BYD Co Ltd will set up a new electric vehicle (EV) factory in Mexico, Nikkei reported yesterday, citing the…
Australia fossil fuels should face new climate levy, say experts
Producers and consumers of fossil fuels in Australia, one of the world’s coal and gas powerhouses, should pay a new…
BlackRock’s ESG fund business soaring
Despite a barrage of Republican attacks, lacklustre returns and diminishing client interest in the United States, BlackRock Inc has been…
Airbnb exceeds expectations for 2023
Airbnb Inc ended 2023 stronger than analysts had expected and gave an optimistic outlook for the start of this year,…