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Tag: Australia/Oceania
The Next Chips to Transform EVs Could Be Made From Wood
[ad_1] Listen to article (2 minutes) ADELAIDE, Australia—Ivan Williams reckons he can help to break China’s dominance of a key ingredient of electric-vehicle batteries. To do so, he has been…
RBA Keeps Rates on Hold But Keeps Watch on Incoming Data
[ad_1] Updated Dec. 4, 2023 11:16 pm ET|WSJ Pro SYDNEY—The Reserve Bank of Australia kept interest rates unchanged at a monthly policy meeting Tuesday, offering a reprieve to shoppers just…
Brookfield-Led Consortium’s $11 Billion Bid for Origin Energy Fails
[ad_1] Updated Dec. 4, 2023 1:41 am ET SYDNEY—An $11 billion bid for Origin Energy, one of Australia’s largest power companies, was rejected by its shareholders on Monday in a…
Alaska Air Reaches Deal to Buy Hawaiian Airlines
[ad_1] Updated Dec. 3, 2023 7:23 pm ET Alaska Air reached a roughly $1 billion deal to buy Hawaiian Airlines, a combination of two nearly century-old rivals that are dwarfed…
Australian Job Ads Dropped Sharply in November
[ad_1] SYDNEY—Further signs of an easing in conditions across Australia’s labor market emerged in November, with the ANZ-Indeed measure of job ads slumping sharply over the month. According to the…
Australian Food Retailers Face Inquiry Into Alleged Price Gouging
[ad_1] SYDNEY—Australia’s biggest food retailers are facing a parliamentary inquiry into alleged price gouging after the country’s center-left Labor government agreed on Sunday to an investigation amid an ongoing steep…
Brookfield’s Origin Saga Shows It’s Hard to Price Polluters
[ad_1] Updated Nov. 29, 2023 12:36 am ET|WSJ Pro SYDNEY—At the heart of a nearly US$11 billion takeover tussle for the owner of several Australian coal-fired power plants is a…
Australia’s Monthly Inflation Rate Undershoots Expectations
[ad_1] SYDNEY—Australia’s monthly inflation indicator came in well below expectations in October, offering some assurance that price pressures are easing across the economy after a spike up in the third…
Australian Retail Sales Weaker Than Expected in October
[ad_1] SYDNEY—Australian retail sales were weaker than expected in October, reversing a solid rise in September. Retail turnover fell 0.2% over the month, according to the Australian Bureau of Statistics.…