economy

S&P upgrades outlook on Australia’s AAA rating to stable from negative

S&P Global Ratings upgraded its outlook on Australia's coveted "AAA" sovereign rating to 'stable' from 'negative' on Monday citing the…

4 years ago

Air Canada executives to return bonuses after government aid outcry

Top executives at Air Canada (AC.TO) will return their bonuses and share awards, the carrier said on Sunday, in response…

4 years ago

Asia breathes sigh of relief as U.S. jobs fail to shock

Asian shares firmed on Monday while the dollar wavered after the anxiously awaited May U.S. payrolls report showed the recovery…

4 years ago

China blocks several cryptocurrency-related social media accounts amid crackdown

A slew of crypto-related accounts in China’s Twitter-like Weibo platform were blocked over the weekend, as Beijing stepped up a…

4 years ago

UK’s lowest-paid workers face highest jobless risk: research

Britain's lowest-paid workers, already hardest hit by the COVID-19 pandemic, will be most at risk from expected rises in unemployment…

4 years ago

Australia’s NAB reveals anti-money laundering probe, shares fall

National Australia Bank (NAB.AX) said on Monday it is under investigation for suspected serious and ongoing breaches of anti-money laundering…

4 years ago

Tech giants and tax havens targeted by historic G7 deal

The United States, Britain and other large, rich nations reached a landmark deal on Saturday to squeeze more money out…

4 years ago

Australian job advertisements jump 7.9% in May – ANZ

Australian job advertisements climbed for a 12th straight month in May to reach their highest since 2008, suggesting demand for…

4 years ago

Explainer: What is a global minimum tax and what will it mean?

Finance Ministers from the Group of Seven (G7) rich nations reached a landmark accord on Saturday backing the creation of…

4 years ago

Ireland confident G7 tax deal won’t dent multinational investment

Ireland’s finance minister said he remained confident the country’s low-tax economy would continue to attract multinational investment and jobs even…

4 years ago