BUSINESS

Business

Strain On Australia's Small Businesses: Cash Flow Squeeze And Survival Strategies

For small businesses, success often comes down to balancing many different tasks, like managing customers, employees, and suppliers. Given the economic challenges over the past year, it's no surprise that many Australian SMBs have felt the pressure on their cash flow, according to Rebecca Warren, Executive General Manager of Small Business Banking at CBA.
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The pound has come under pressure against the dollar amid worries about the UK economy

Global Stocks Mostly Fall Before US Jobs Data

Stock markets mostly retreated and the dollar steadied Friday as traders awaited key US jobs data for signals on the health of the world's largest economy and the outlook for interest rates.
AFP news Jan 11, 2025
A strong US jobs market is helping to put pressure on the Federal Reserve to keep interest rates on hold

Global Stocks Diverge On Renewed US Inflation Fears

Stock markets diverged and the dollar rose Wednesday after data pointed to a robust US economy, further denting hopes of several more cuts to interest rates in the world's biggest economy.
AFP news Jan 09, 2025
Samsung Electronics said it expected fourth-quarter profits to be sharply down from the previous quarter

Samsung Warns Fourth-quarter Profit To Miss Forecasts

South Korea's Samsung Electronics said Wednesday it expected fourth-quarter profits to fall sharply from the previous quarter and miss forecasts as it struggled to meet robust demand for chips used in artificial intelligence servers.
AFP news Jan 09, 2025
McDonald's is the latest US organization to rethink its diversity practices following a Supreme Court ruling that reversed affirmitive action in university admissions

McDonald's Rolls Back Some Of Its Diversity Practices

McDonald's said Monday it will roll back some of its diversity practices, becoming the latest US organization to rethink its policies following a Supreme Court ruling that ended affirmative action in university admissions.
AFP news Jan 07, 2025
US President Joe Biden has decided to block the proposed $14.9 billion purchase of US Steel by Japan's Nippon Steel and will reportedly announce the move as soon as Friday

Biden To Block US-Japan Steel Deal: US Media

US President Joe Biden has decided to block the proposed $14.9 billion purchase of US Steel by Japan's Nippon Steel and will announce the move as soon as Friday, according to US media.
AFP news Jan 04, 2025

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