Bloomberg

BusinessDesk publishes select articles from international news service Bloomberg, which has more than 1000 journalists spread around the globe.
Australia will only cut rates in late 2025, ex-RBA official says

Australia will only cut rates in late 2025, ex-RBA official says

The cash rate is currently at a 12-year high of 4.35%.

Bloomberg 10 May 2024
One in 24 New Yorkers is a millionaire
Finance

One in 24 New Yorkers is a millionaire

Ranking of cities by wealth puts the Big Apple at the top. 

09 May 2024
US, Europe fear of China's dominance threatens climate fight – Envoy
Climate change

US, Europe fear of China's dominance threatens climate fight – Envoy

China’s world-beating deployment of renewables is finally encountering headwinds.

Bloomberg 08 May 2024
Toyota, Tata Motors positioned to benefit from hybrid auto boom
Markets

Toyota, Tata Motors positioned to benefit from hybrid auto boom

Japanese carmakers saw higher North American sales.

Bloomberg 07 May 2024