Is the battle against inflation getting tougher?

Is the battle against inflation getting tougher?

A trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 13, 2023.  Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our international markets … Read more

Africa’s largest economy is battling a currency crisis and a crumbling economy

Africa’s largest economy is battling a currency crisis and a crumbling economy

IBADAN, Nigeria – Feb. 19, 2024: Demonstrators are seen at a protest against the hike in price and hard living conditions in Ibadan on February 19, 2024. Samuel Alabi | Afp | Getty Images With annual inflation nearing 30% and a currency in freefall, Nigeria is facing one of its worst economic crises in years, … Read more

Chemical spill in science lab at Sydney school leaves students and teachers feeling unwell

Chemical spill in science lab at Sydney school leaves students and teachers feeling unwell

A chemical spill in a science laboratory at a school in Sydney’s south has left 20 students and eight teachers feeling unwell. No one was hospitalised, but students at the high school in Hurstville were relocated as hazardous material specialists inspected the classroom on Wednesday. It’s understood that a 600ml bottle of benzyl chloride — … Read more

Shares of TSMC, ASML fall ahead of Nvidia’s Q4 earnings report

Shares of TSMC, ASML fall ahead of Nvidia’s Q4 earnings report

A laptop keyboard, a binary code reflected and Nvidia logo displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on January 2, 2024. Jakub Porzycki | Nurphoto | Getty Images Shares of two critical chip firms TSMC and ASML fell ahead of U.S.-based artificial intelligence chip designer Nvidia’s earnings … Read more

Walmart CEO says company is well-positioned to grow its ad business

Walmart CEO says company is well-positioned to grow its ad business

After Walmart‘s earnings report impressed Wall Street on Tuesday, CEO Doug McMillon told CNBC’s Jim Cramer that his company has unique advantages in the advertising space. “When you grow your digital reach, and you’ve got an e-commerce business that’s scaling like ours is,” McMillon said, “You get an opportunity to sell advertisements, and we can … Read more

Uber Eats delivery driver fined $1500 in Sydney over little known e-bike rule

Uber Eats delivery driver fined 00 in Sydney over little known e-bike rule

A Sydney man has been fined a total of $1544 for two e-bike offences late last year. The fines issued earlier this month were posted to social media on Saturday to query whether the penalties should be disputed. The Uber Eats employee was making deliveries when he was pulled over by police on Bondi Rd … Read more

HSBC pre-tax annual profit jumps 78%, misses market estimates

HSBC pre-tax annual profit jumps 78%, misses market estimates

Customers use automated teller machines (ATM) at an HSBC Holdings Plc bank branch at night in Hong Kong, China, on Saturday, Feb 16, 2019. Anthony Kwan | Bloomberg | Getty Images HSBC reported on Wednesday its full year 2023 pre-tax profit climbed about 78% to $30.3 billion from a year ago, missing median estimates of … Read more

Vietnam to see highest increase in wealth growth over the next decade

Vietnam to see highest increase in wealth growth over the next decade

Ho Chi Minh City, Vietnam. Marty Windle | Moment | Getty Images Vietnam is set to see the sharpest spike in wealth growth over the next decade as it cements its status as a global manufacturing hub, according to a report by global wealth intelligence firm New World Wealth and investment migration advisors Henley & … Read more

Police share update on investigation into deaths of three people in Sydney

Police share update on investigation into deaths of three people in Sydney

WARNING: Distressing content Grim new details of how three people were allegedly murdered in Sydney’s west have been shared by police. Min Cho, 41, and a seven-year-old boy, were found in an alleyway outside a taekwondo studio on Daking St in North Parramatta about 1pm on Tuesday. Stream your local 7NEWS free on 7plus >> … Read more

Uber Eats to begin self-driving robot deliveries in Japan

Uber Eats to begin self-driving robot deliveries in Japan

Uber announced Tuesday that its Uber Eats business is partnering with Mitsubishi Electric and delivery robotics company Cartken to begin transporting food using self-driving robots in Japan. The sidewalk robot deliveries are set to start by the end of March in a select area of Tokyo, according to the companies. Uber Eats said Japan will … Read more