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Australia business investment dips in Q1, outlook sharply upgraded -Breaking

© Reuters. FILEPHOTO: Workers go about their daily lives near the scaffolding of a Sydney construction site on September 11, 2018, Australia. REUTERS/David Gray Wayne Cole SYDNEY, (Reuters) – Australia’s business investment dropped unexpectedly during the first quarter due to flooding and bottlenecks affecting building work. However, firms increased spending plans in the coming year […]

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Oil firms on tight supply though EU ban on Russian oil still uncertain -Breaking

© Reuters. FILE PHOTO – A flame is seen from the tower of Vankorskoye, an oilfield owned by Rosneft north of Krasnoyarsk in Russian Siberian. March 25, 2015 REUTERS/Sergei Karpukhin/File Photo Sonali Paul MELBOURNE, Reuters – On Thursday oil prices rose, extending a cautious rally on tight supply signs. Meanwhile, the European Union (EU), is […]

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Westpac to sell one financial advisory business, merge unit’s funds with Mercer Super Trust -Breaking

© Reuters. FILE PHOTO – A pedestrian walks by a Westpac Banking Corp logo outside of a central Sydney branch, Australia. November 5, 2018. REUTERS/David Gray (Reuters) – Westpac Banking (NYSE:) Corp on Thursday announced that Advance Asset Management would be sold to Mercer Australia in a part of its continuing push to sell non-core […]

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What is the Indo-Pacific framework, who’s in it, why it matters

U.S. President Joe BidenThe Indo-Pacific Economic Framework or IPEF was officially presented to Washington this week on his Asia-Pacific tour.  Five years later, it is U.S. unilaterally withdrewTrans-Pacific Partnership: A trade agreement between 12 countries from Asia-Pacific, North America, and South America. With the U.S. withdrawal, the remaining countries went on to launch the CPTPP, […]

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China, Australia foreign ministers arrive in Pacific to vie for influence -Breaking

© Reuters. FILE PHOTO – Chinese Foreign Minister Wang Yi takes a photo before meeting Antony Blinken, Secretary of State of the United States. This was taken on the sidelines at the G20 Summit in Rome (Italy), October 31, 2021. Tiziana Fabi/Pool via REUTERS SYDNEY (Reuters), Australia’s Prime Minster Anthony Albanese suggested that Canberra should […]

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El Salvador extends state of emergency to tackle gangs -Breaking

© Reuters. FILEPHOTO: El Salvador President Nayib Bukele participates in the stone-laying ceremony at the National Library. The new library is funded by China and located in San Salvador, El Salvador. February 3, 2022. REUTERS/Jose Cabezas SAN SALVADOR (Reuters) – El Salvador extended a state of emergency pushed by President Nayib Bukele on Wednesday, with […]

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Japan to urge moving ahead with ‘green’ GDP indicator

© Reuters. A pedestrian passes a woman in a shopping area, during the Tokyo coronavirus (COVID-19), pandemic that began August 17, 2020. REUTERS/Kim Kyung-Hoon/Files By Takaya Yamaguchi TOKYO, Reuters – Japan will call for a “green” indicator of gross domestic product (GDP), which will show the country’s progress towards reducing its greenhouse gas emissions. A […]

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Japan’s corporate service prices rise at fastest pace in over 2 years -Breaking

© Reuters. FILE PHOTO – People running with Tokyo’s commercial district behind them, Tokyo, Japan April 7, 2021. REUTERS/Kim Kyung-Hoon TOKYO, Reuters – The index that measures the prices Japanese companies charge for their services rose at an annual rate of 2% in April, according to data released on Thursday. This is a signal that […]

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Walmart, CVS to halt filling prescriptions for controlled substances by Cerebral, Done -Breaking

2/2 © Reuters. FILEPHOTO: This is an image of a Walmart sign in Mexico City. It was taken on the 28th March 2019. REUTERS/Edgard Garrido 2/2 (Reuters) – Walmart (NYSE) Inc. and CVS Health Corp. (NYSE) announced Wednesday that they would no longer fill prescriptions for controlled substances from telehealth startup Cerebral Inc. and Done […]

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Oklahoma governor puts strictest abortion ban in the U.S. into effect -Breaking

© Reuters. FILE PHOTO – Medical tools are sterilized after a surgical abortion was performed in Oklahoma City (U.S.A), December 6, 2021. REUTERS/Evelyn Hockstein (Reuters) – Oklahoma Governor Kevin Stitt signed Wednesday’s strictest abortion ban into law. It prohibits fertilization abortions and permits private citizens to sue women who assist them in terminating their pregnancies. […]