SYDNEY (Reuters) – Australia’s central bank is widely expected to cut its benchmark cash rate two more times this year to an unprecedented 0.75% in a bid to boost growth and inflation. FILE PHOTO: A goods deliverer walks past the Reserve Bank of Australia …
See Original Article
… * SPDR Gold holdings fall 0.2% on Wednesday. * Gold to stabilise around $1,404/oz, bounce to $1,421-technicals (Updates prices). By Brijesh Patel. June 27 (Reuters) – Gold prices dipped on Thursday as the dollar inched higher to a near one-week high, …
See Original Article
Starbucks Corp. reported an annual loss in its U.K. operations, saying foot traffic at its cafes declined in a downbeat economy and as consumers want coffee delivered to their homes or desks. The company’s British store arm lost 17.2 million pounds (about …
See Original Article
Dairy producers are rushing to exit the industry, as poor milk prices and high production costs contribute to the decline. Dairy Food Safety Victoria figures show there has been a net loss of about 375 dairy farms since June 30 last year. Compared to some …
See Original Article
FRANKFURT (Reuters) – Volkswagen’s (VOWG_p.DE) truck unit Traton is expected to price its initial public offering (IPO) at the low end of a 27 euros to 33 euros price range, a bookrunner said on Thursday. The final price guidance given to investors was for …
See Original Article