Rumours of strikes in Australia shoots up Gas prices

The possibility of a potential strike at an Australian liquefied natural gas (LNG) plant is causing a surge in wholesale gas prices across Europe. The Offshore Alliance union has issued a warning that a strike at the North West Shelf facility could


Coles records $1.1bn in profit amid crisis

Coles, a prominent supermarket operator, has reported a substantial boost in revenue from its grocery segment, even as households adapt their shopping habits due to high living costs and an increase in store theft incidents. Australia’s second-largest supermarket chain disclosed a 4.8%


Delhivery announces shipping platform for small businesses

Delhivery, a prominent logistics services provider, has unveiled its digital shipping platform called Delhivery One, aimed at catering to micro and small enterprises. The newly launched platform brings together various essential shipping services for businesses, encompassing post-purchase communication, analytics, international shipping, easy


Vietnam EV manufacturer beats Ford valuation

On its inaugural trading day, Vietnamese electric vehicle (EV) manufacturer VinFast has achieved a stock market valuation surpassing both Ford and General Motors (GM). Although VinFast has yet to achieve profitability, its shares closed at over $37 (£29) each during their debut

Toshiba reveals buyout offer

Toshiba has unveiled a significant move toward privatization with a 2 trillion yen ($14 billion) tender offer, signaling its intent to revive itself amid past scandals and challenges in the Japanese electronics and energy sector. Leading the tender offer is Japan Industrial

China reviews tariff on Australia barley

China has announced its decision to remove tariffs on imports of Australian barley, a move that brings an end to a three-year period of trade restrictions impacting significant trade volumes. Prime Minister Anthony Albanese of Australia has welcomed this development, marking a

Japan raises alarm over fake Twitter account

Japan’s finance ministry has requested X, formerly known as Twitter, to take down an account impersonating its top currency diplomat, Masato Kanda. The ministry issued a rare post in English on the social media platform, urging users not to follow or comment

Minister praises resilience of MSME sector in India

According to Minister of State for Micro, Small, and Medium Enterprises, Bhanu Pratap Singh Verma, the Micro, Small, and Medium Enterprises (MSME) sector in India has shown remarkable resilience and growth. The data received from the Ministry of Statistics & Programme Implementation

Indonesia, Japan to deepen MSME alliance

Indonesia and Japan have recently reached an agreement to enhance their economic partnership, particularly in the micro, small, and medium enterprises (MSME) sector. The accord was formalised through the signing of a memorandum of understanding (MoU) between Indonesia’s Ministry of Cooperatives and