Reserve Bank of Australia staff are considering industrial action to demand a bigger pay increase after the latest round of wage negotiations left employees “angry and frustrated,” according to the Finance Sector Union.
Israel’s air force struck southern Gaza where they ordered Palestinians to seek refuge, the Associated Press reported. US President Joe Biden is set to travel to Israel on Wednesday in a show of solidarity for the US ally after deadly attacks by militant group Hamas.
Ethiopia’s lack of access to a port on the Red Sea is a potential source of future conflict with neighboring countries, Prime Minister Abiy Ahmed said, raising the prospect of more instability in a region already wracked by violence.
After US Secretary of State Antony Blinken met Saudi Crown Prince Mohammed bin Salman in Riyadh Sunday, both posted a similar photo — but with contrasting descriptions.
One of the few bright spots in China’s battered equity market is evaporating, with weight-loss drugs plunging after a company apologized for earlier misleading investors on such treatments.
Apple Inc.’s Tim Cook showed up at a Tencent gaming tournament in China, endorsing one of the biggest earners on the app store as uncertainty persists about the US company’s top overseas market.
San Miguel Corp., the Philippines’ most indebted company, is in talks with at least 10 banks for a $2 billion loan as it looks to refinance a similar-sized facility maturing in December next year, according to three people familiar with the matter.
Chinese Vice Premier He Lifeng is set to address a conference of executives at the nation’s third Belt and Road Forum, as Beijing tries to reinvigorate its signature infrastructure project while shoring up its slowing domestic economy.
Sweden’s Volta Trucks AB is planning to file for bankruptcy following supply-line issues, according to Byggmastare Anders J Ahlstrom AB, one of the electric vehicle startup’s largest shareholders.
Ericsson AB said market weakness that has depressed sales will persist into the fourth quarter as the company struggles to counter reduced investment in fifth-generation mobile infrastructure from US and European operators.
