December 6, 2023
Sky News host Paul Murray says the Greens are going to announce an inquiry into supermarkets because “they are the real bad guys”. “They are, with the help of the Labor Party this week, going to announce a brand new inquiry … about the supermarkets,” Mr Murray said. “Because they’re the real bad guys, you
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PROPOSED adjustments to regulatory fees and charges will push through, but the timeline has yet to be finalized, a senior Securities and Exchange Commission (SEC) official said last Friday. “There will still be a revised schedule of fees and charges,” EC Commissioner McJill Bryant Fernandez said at the sidelines of a forum organized by the
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STOCKHOLM: Sweden’s central bank on Thursday left its key rate unchanged at 4 percent, after a year-and-a-half of successive hikes aimed at reining in inflation. The Riksbank joins the US Federal Reserve and European Central Bank which also paused their rate hike campaigns at their latest policy meetings inflation has slowed. The Swedish central bank
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Inflation in Turkey hit an eye-watering 61.36% last month. ADVERTISEMENT Turkey’s central bank delivered another huge interest rate hike on Thursday as it tries to curb double-digit inflation that has left households struggling to afford food and other basic goods. The bank pushed its policy rate up by 5 percentage points, to 40%, marking its
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PHILIPPINE Telegraph and Telephone Corp. (PT&T) has obtained Securities and Exchange Commission approval to increase its authorized capital stock to P12.6 billion from P3.8 billion. The enhanced capital stock structure comprises 1.5 billion common shares with a par value of P1 and 230 million serial cumulative convertible redeemable preferred shares at P10 apiece. The firm’s
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TOKYO, Nov 9, 2023 (AFP) – Japanese electronics titan Sony lifted its full-year net profit and sales forecasts on Thursday, citing strength in the company’s gaming, music and image-sensor sectors. The company said it saw net profit hitting 880 billion yen ($5.8 billion) in the year to March 2024, up from the previous projection of
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YouTube’s paid ad-free steaming service will see its biggest price hike in years From November 21, customers in the UK will pay £19.99 for a family plan By Wiliam Hunter Published: 06:15 EST, 7 November 2023 | Updated: 11:20 EST, 7 November 2023 YouTube has become the latest platform to increase its prices, following in the
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Kenya announced Wednesday a sharp increase in passenger fares on the Chinese-built Standard Gauge Railway as the country struggles with repaying loans owed to Beijing and others along with higher fuel prices. State-owned Kenya Railways said in a statement that the 290-mile journey between the port city of Mombasa and the capital, Nairobi, will cost
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The European Central Bank left its rates unchanged on Thursday, marking a pause in its restrictive monetary policy after 10 increases since July 2022. ADVERTISEMENT The European Central Bank (ECB) has decided to leave interest rates unchanged for the first time in over a year as the Israel-Hamas war spreads even more gloom over already
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The US economy grew at a remarkable annualized rate of 4.9 percent this quarter, the Bureau of Economic Analysis reports. This was significantly faster than most analysts expected. Strong growth is good, but there’s some less-welcome news, too: Nominal (current-dollar) GDP grew at an 8.5 percent annualized rate. The implied inflation rate, 3.6 percent, suggests
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