Australia inflation picks up to 6.8% in April, above forecasts
Australian consumer prices rose by more than expected in April, driven by a jump in automotive fuel, suggesting sticky inflation would likely keep pressure on the central bank.
Stay updated with breaking news from M Ml. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Australian consumer prices rose by more than expected in April, driven by a jump in automotive fuel, suggesting sticky inflation would likely keep pressure on the central bank.
London Stock Exchange Group said on Thursday its group Chief Financial Officer Anna Manz would relinquish her role next year to take a similar position outside the financial industry.
Japan core machinery orders fell in March for a second straight month, indicating firms' cautious about capital spending amid worries about the global economic slowdown.
Tesco chairman John Allan will step down at the group's annual shareholders' meeting next month, with Britain's biggest retailer saying claims of inappropriate behaviour against him risked becoming a distraction to the business.
British luxury fashion brand Burberry on Thursday reported stronger-than-expected fourth quarter sales driven by a rebound in China but continued weakness in the United States sent its shares down sharply.