Australia

Inflation in OECD countries was again at 4.5% for November 2024

Inflation in OECD countries was again at 4.5% for November 2024

Annual inflation in the OECD, measured by the consumer price index (CPI), remained stable at 4.5% in November 2024 compared to October, a new report from the bloc revealed. At the country level, the panorama was more heterogeneous, according to the organization. Thus, inflation increased in 14 of the 38 OECD countries, including notable increases ...

New US mark will indicate when connected devices are cybersecure

New US mark will indicate when connected devices are cybersecure

Consumers will soon be able to buy electronics with a label indicating that they are protected against digital vulnerabilities. The White House announced Tuesday the launch of a new brand of US cyber trust, indicating that designated items follow best practices to prevent potential attacks. According to Anne Neuberger, deputy national security advisor for cyber ...

Fed officials signal risks to inflation from Donald Trump's policies

Fed officials signal risks to inflation from Donald Trump’s policies

Federal Reserve officials agreed that inflation is likely to continue slowing this year, but they also saw a risk that price pressures will continue due to the impact of the policies expected from President Donald Trump’s government.the minutes of the last meeting of the US central bank showed on Wednesday. “Participants expected inflation to continue ...

Private companies in the United States added more than 122,000 jobs

Private companies in the United States added more than 122,000 jobs

U.S. private sector hiring and wage growth slowed in December, indicating a continued moderation in demand for workers.The number of jobs increased by 122,000 last month (the fewest in four months) after an increase of 146,000 in Novemberaccording to data from the ADP Research Institute published Wednesday. The median projection in a Bloomberg survey of ...

Telecommunications security agreement planned with SpaceX for US$1.6 billion

Telecommunications security agreement planned with SpaceX for US$1.6 billion

Italy is in advanced talks with Elon Musk’s SpaceX for a deal to provide secure telecommunications to the country’s governmentthe largest such project in Europe, people with knowledge of the matter said on Sunday. Talks are ongoing and no final agreement has been reached on the five-year contract.said the people, who asked not to be ...

China and Australia face difficult diplomatic path after trade dispute

Australia’s main inflation indicator cools and puts rate cuts on the cards

A major indicator of Australian inflation fell in November and moved closer to the central bank’s target band,suggesting that authorities may have room to consider monetary easing sooner rather than later. The coin fell. The basic cropped stocking measurement, closely followed by the Reserve Bank and smoothing out volatile items, slowed to 3.2% from 3.5% ...

Dell presents brand similar to Apple in attempt to make PCs back in fashion

Dell presents brand similar to Apple in attempt to make PCs back in fashion

Dell Technologies Inc. is rebranding its PCs in a way that echoes Apple Inc.’s naming conventions, in an effort by the computer maker to stimulate demand. Decades-old PC product names such as “XPS” and “Inspiron” will be eliminated in favor of simplified branding around the word Dell on its next generation of devices, the company ...

Biden says he doesn't like that Trump wants to end US citizenship

Biden says he doesn’t like that Trump wants to end US citizenship

The president of the United States, Joe Biden, said on Sunday that he found it horrible that the president-elect, Donald Trump, attempted to end birthright citizenship in the United States. Speaking to reporters at the White House, Biden said the transition to the Trump administration seemed to be going smoothlyalthough he assured that he thought ...

Czech central bank believes budget deficit is biggest risk of inflation

Czech central bank believes budget deficit is biggest risk of inflation

The head of the Czech central bank, Ales Michl, called on the government to balance its budget to help prevent any future resurgence of inflation. In an interview with CNN Prima News on Sunday, Michl said that those responsible for monetary policy in Prague want to maintain a restrictive monetary stance to curb the debt ...

Blackstone will invest US$8.2 billion in data centers in northeastern Spain

Former Blackstone dealmaker Chu offered $1.8 billion for Insignia Financial

Australian wealth manager Insignia Financial Ltd. has received an A$2.9 billion takeover offer ($1.8 billion) from CC Capital Partners, the fast-growing family office created by former Blackstone Inc. dealmaker Chinh Chu. The preliminary cash offer of $2.60 per share is a 7.5% premium to a previous offer of $2.4 per share from private equity firm ...