IMF warns global economy ‘could soon test the limits of resilience’
The IMF warns the global economy faces mounting vulnerabilities as emergency oil reserves deplete and government debt levels constrain policy responses to future shocks.
Bedbug infestation forces Qantas to ground plane in Rome
Qantas grounded a Boeing 787 Dreamliner in Rome after bedbugs were discovered in the economy section during a flight from Perth, resulting in a cancelled return service and passenger rebooking.
Burnham’s Your First Home scheme ‘could boost Bellway’s house output by 10%’
Bellway’s chief executive says the government’s Your First Home scheme could boost the builder’s annual output by 10%, potentially driving completions back to 10,000 homes within 12 months.
Hobbs and Whistles owner investigates hack that may have exposed customer data
TFG London, owner of Phase Eight, Hobbs and Whistles, disclosed a cyber-attack affecting three UK fashion retailers that may have exposed customer personal data. The company halted online orders as a precautionary measure while investigating the incident.
The RBA keeps hiking interest rates – but are the rate rises actually working?
Australia’s Reserve Bank has raised interest rates to 15-year highs this year, yet household spending continues growing, suggesting rate hikes may be less effective at controlling inflation than anticipated.
Walmart to cover some GLP-1s, inhalers and insulin for employees at no cost as it expands benefits
Walmart will cover more than 250 prescriptions including some GLP-1s, insulin, and inhalers at no cost to employees starting in 2027, as the retailer expands benefits to attract and retain workers.