One person died in bushfires in the Australian state of Victoria which burned an area slightly larger than Rhode Island. A body was found about 100 meters from a vehicle near the town of Gobur, affected by the fire, about 100 kilometers (62 miles) northeast of the capital, Melbourne, Victoria Police said Sunday. The person ...
Macquarie Capital completed significant risk transfer linked to high-yield corporate loansin a rare example of a non-bank lender making a foray into the market. Alvarez & Marsal was an advisor on the transaction, according to people familiar with the matter. The SRT is tied to about $1 billion in loans, one of the people said. ...
Australian unemployment unexpectedly fell in December as the economy added more jobs than expected, reinforcing the Reserve Bank’s view that the labor market remains tight ahead of the February policy decision The unemployment rate fell from 4.3% to 4.1%, beating economists’ forecast of 4.3%, according to Australian Bureau of Statistics data released Thursday. Employment increased ...
Australia plans to sell more than 60 buildings and other properties across the country to help fund ongoing major expansion of defense capabilities; the government estimates the sales could generate 3 billion Australian dollars, US$2.1 billion. The properties include a golf course and historic barracks in major cities across the country, which a Defense Department ...
Australia’s trade surplus narrowed to the lowest level since 2018, highlighting how rising exports and Weak imports from China are transforming goods flows and potentially dragging down major trading partners. The value of Australian shipments of iron ore, coal and other goods to China fell 2% last year, for the second year in a row, ...
Australia has imposed a 10% tariff on steel roofing frames from Chinaafter an investigation carried out by the country’s Antidumping Commission. The agency evaluated complaints from domestic producers about dumping by Chinese companies and found evidence confirming the practice. Industry and Innovation Minister Tim Ayres imposed the tariff, warning against unfair trading practices. “Australia’s prosperity ...
A KPMG Australia partner has been fined 10,000 Australian dollars (5,970 euros) after using artificial intelligence (AI) tools.to cheat in an internal training course on the use of AI. The partner, whose name has not been revealed, was forced to retake the exam after uploading training materials to an AI platform to answer questions about ...
President Donald Trump’s administration is expanding its crackdown on immigration after the shooting from a couple of members of the National Guard in Washington. The two National Guard members remained in critical condition Thursday after being shot in an ambush Wednesday near the White House. The suspect is Rahmanullah Lakanwal, 29, an Afghan national, who ...
Argentina officially announced this Wednesday the nomination of Ambassador Rafael Mariano Grossi, current Director General of the International Atomic Energy Agency, IAEA.to serve as Secretary-General of the United Nations for the period 2027–2031. The decision was communicated by the Foreign Ministry, which highlighted the diplomatic career of the official and his international recognition in matters ...
The National Institute of Civil Aeronautics, Inac, of Venezuela reported Wednesday night that it was revoking the concession to operate in the country to a group of six airlines from Europe, Turkey, Colombia and Brazilafter flights did not resume within the 48-hour period requested by the Venezuelan authority. Several international airlines canceled their flights in ...
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