Apple recently served up excellent fiscal results, but not every analyst is in the bull camp. However, a deep dive into the data ought to quell the skeptics’ concerns, even in the face of supply-chain issues. Investors should hold onto their Apple shares and possibly add more when the price dips. There’s no denying that…
Vodafone Clocks 4 percent Revenue Growth In FY22 Aided By Service Revenue Growth In Europe, Africa
Vodafone Group Plc. reported FY22 revenue growth of 4.0percent year-on-year to €45.6 billion, mainly driven by service revenue growth in Europe and Africa. The service revenue grew 2.6 percent Y/Y to €38.2 billion. Adjusted EBITDAaL grew 5 percentto €15.2 billion. The margin expanded 50 bps to 33.4 percent. The adjusted basic EPS was €0.11. The board recommended…
Google’s Pixel Watch Is Reportedly Using Outdated Chip
Google, a subsidiary of Alphabet Inc., said recently it is coming out with the Pixel Watch this fall but now details have emerged that the wearable is underpinned by a four-year-old processor. What Happened The Google Pixel Watch is using the same Exynos 9110 chip that powered the Galaxy Watch’s 2018 iteration, also the Korean…
LIVE UPDATES: Turkey’s President Says No to Sweden’s and Finland’s Bid to Join NATO
The latest on the Russia–Ukraine crisis, May 19. Click here for updates from May 18. Turkey’s President Says No to Sweden’s and Finland’s Bid to Join NATO Turkey’s president emphasized his opposition to Sweden and Finland joining NATO, stating Ankara would say “no” to their bid. Speaking to a group of Turkish youth, Turkish President…
LIVE UPDATES: Russia Uses New Laser Weapons in Ukraine
The latest on the Russia–Ukraine crisis, May 19. Click here for updates from May 18. Russia Uses New Laser Weapons in Ukraine Russia on Wednesday said it was using a new generation of powerful laser weapons in Ukraine to burn up drones, deploying some of Moscow’s secret weapons to counter a flood of Western arms…
US Home Construction, Building Permits Stall As Mortgage Rates Rise
Home construction in the United States fell in April to a five-month low, due to the highest mortgage rates in decades and an ongoing supply crisis that has snarled supply chains, according to a Commerce Department’s Census Bureau report on May 18. Rising mortgage rates caused by interest hikes by the Fed have contributed to…
Putin Calls EU Sanctions on Russian Oil ‘Economic Suicide’
Russian President Vladimir Putin has spoken out against the European Union’s proposed sanctions on the purchase of Russian oil exports, claiming that adopting such a policy would amount to “economic suicide” for the countries of Western Europe. In a televised address on Tuesday, Putin responded to the EU’s proposed oil embargo on Russia, which has…
Australian Unemployment Rate Falls to Lowest in Almost 50 Years
May 18, 2022
admin
anthony albaneseAustraliaAustralia Unemployment RateBusiness & EconomyeconomyinflationScott MorrisonwagesWorld
0 Comment
Australia’s unemployment rate has fallen below four percent for the first time as 4,000 people found employment, the Australian Bureau of Statistics (ABS) revealed on Thursday, two days before the federal election. ABS head of labour statistics Bjorn Jarvis said the jobless rate for April, at 3.9 percent, was the lowest recorded rate since the…
Top Aussie Wine Brand to Be ‘Made in China’ to Bypass Steep Tariffs
May 18, 2022
admin
Asia & PacificAustraliaBusiness & EconomyChinaChina Business & EconomyChina-Australia RelationsCompanieseconomic coercionInternationalInternational RelationsTreasury Wine Estatewine tariffsWorld
0 Comment
Leading Australian wine brand Penfolds will begin sourcing and producing wine in China in order to sidestep crippling tariffs imposed by Beijing. Penfolds has a 178-year history and is one of Australia’s oldest wineries—like many other local exporters, the company was hit by tariffs ranging from 107.1 to 212.1 percent as part of the Chinese…
Australian Oil Producer Woodside to Complete Major $41 Billion Merger
A merger between two of Australia’s largest oil and gas producers is expected to be complete by May 19. At the annual general meeting, Woodside will ask its shareholders to give the green light to the $41 billion (US$28.5 billion) all-stock merger with the petroleum business of BHP, a giant in the mining and metal…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta