Australia Business Activity Slows Sharply in May

SYDNEY, June 13 Reuters Australia39;s business conditions eased sharply in May, dented by slower gains in sales and employment, suggesting demand growth is moderating in the wake of the central bank39;s most aggressive tightening campaign in its modern history. The survey from National Australia Bank Ltd NAB released on Tuesday showed its index of business conditions […]
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UK Labour Market Shows Unexpected Strength ONS

LONDON, June 13 Reuters Britain39;s labour market looked much stronger than expected during the three months to April, according to data on Tuesday that will bolster bets that the Bank of England will keep on raising interest rates this year. The Office for National Statistics said wages excluding bonuses were 7.2 higher than a year […]
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Toyota Unveils Plans for new Battery Tech, EV Innovation

TOKYO, June 13 Reuters Toyota Motor said it will introduce highperformance, solidstate batteries and other technologies to improve the range and performance and to cut costs of its electric vehicles. The Japanese carmaker said it aims to launch nextgeneration batteries from 2026, seeking to win over consumers with vehicles that offer longer driving ranges and quicker […]
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Oil Climbs on Bargain Hunting ahead of US Fed Rate Decision

June 13 Reuters Oil prices traded up on Tuesday on bargain hunting, recovering some ground from the previous day39;s plunge, but gains were limited as investors remained cautious ahead of key policy decisions by the U.S. Federal Reserve and other central banks. Brent crude futures climbed 77 cents, or 1.1, to 72.61 a barrel by […]
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