Australian CPI blows hot in Q2, core inflation far cooler

Australia’s consumer prices rose at the fastest annual pace in almost 13 years last quarter as petrol jumped and government subsidies unwound, but a far tamer reading for core inflation suggested the spike would be fleeting.

GameStop lures Amazon talent with grand plans and no frills

GameStop Corp (GME.N) Chairman Ryan Cohen made a point of doing away with corporate excess such as a company plane and used the allure of rebuilding the videogame retailer to recruit Amazon.com Inc’s (AMZN.O) Australia chief Matt Furlong as chief executive, according to people familiar with the process.