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Australia

Newmont postpones Peru mine investment decision by two more years

BY Reuters  • June 20, 2023June 20, 2023
(Reuters) – Newmont said on Tuesday it would defer making an investment decision about its Yanacocha Sulfides expansion project in Peru by at least two years. Last year, the company deferred the[...]
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Australia minister calls on end-consumers to underpin critical minerals investment

BY Reuters  • June 20, 2023June 20, 2023
By Melanie Burton MELBOURNE (Reuters) – Automakers and other consumers of critical minerals should invest in Australia’s materials processing industry to secure ethical long-term supply th[...]
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Asia Australia Business Environment Politics

Qantas orders nine Airbus A220-300S aircraft

BY Reuters  • June 20, 2023June 20, 2023
(Reuters) – Qantas and Airbus have finalised an incremental order for nine Airbus A220-300s aircraft, the companies said at the Le Bourget air show in Paris on Tuesday. Qantas had said it planne[...]
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Asia Australia Business Economy Europe

Medibank’s staff details stolen after property manager faces cyber breach

BY Reuters  • June 20, 2023June 20, 2023
(Reuters) -Australia’s largest private health insurer Medibank Private on Tuesday said a file containing names and contact details of staff members had been compromised after its property manage[...]
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Asia Australia Business Health Technology Updated

Australia’s central bank hiked rates for fear inflation was becoming entrenched

BY Reuters  • June 20, 2023June 20, 2023
SYDNEY, June 20 (Reuters) – Australia’s central bank’s decision to hike interest rates in June was “finely balanced” but judged necessary to ensure high inflation did not[...]
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Asia Australia Business Economy

New Zealand to investigate profitability, competition at banks

BY Reuters  • June 20, 2023June 20, 2023
SYDNEY (Reuters) – New Zealand said on Tuesday it would examine the profitability of the country’s banks and investigate whether competition in the sector was working well for consumers. T[...]
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‘Great Resignation’ continues as quarter of workers look to change jobs – PwC

BY Reuters  • June 19, 2023June 19, 2023
By Divya Chowdhury MUMBAI (Reuters) – A quarter of workers surveyed by PwC expect to change jobs in the next 12 months, up from 19% last year, as they are increasingly left cash-strapped in a co[...]
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Asia Australia Business Economy Europe US

Dollar nudges up, sterling near 14-month highs ahead of BoE decision

BY Reuters  • June 19, 2023June 19, 2023
By Iain Withers LONDON (Reuters) -The dollar edged higher and the UK pound was near a 14-month peak on Monday as investors digested a slew of monetary policy decisions by central banks last week and l[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Stocks rally stalls, eyes on Powell testimony for US rate clues

BY Reuters  • June 19, 2023June 19, 2023
By Naomi Rovnick and Stella Qiu LONDON, SYDNEY (Reuters) -Global shares fell from 14-month highs hit last week, as investors awaited testimony from U.S. Federal Reserve Chair Jerome Powell in markets[...]
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