Reserve Bank data showed broad annual commodity-price gains despite iron ore and alumina being exceptions, while the Australian-dollar index rose just 0.1% in August.
Manufacturing earnings led the increase as ordinary profits climbed 57%, while non-manufacturing profits rose 9.8% and capital spending increased only 1.6%.
Foreign buyers completed £25.4 billion of UK acquisitions in Q2, up £9.7 billion from Q1, even as the number of inward deals fell to 162.
KPN drew more than €2.5 billion of orders for a €500 million perpetual hybrid and launched a tender for its 6.00% 2022 hybrid.
The Swiss connectivity group has brought Ingun into its Industry segment, adding test probes and fixture systems to a business that posted strong first-half growth.
The agreements make tZERO a design partner for digital transfer-agent and broker-dealer infrastructure for ICE’s planned NYSE-affiliated tokenized securities platform.
India’s economy expanded 7.8% year over year in the April-June quarter on the new 2022-23 base, with investment and services helping lift growth from a revised 6.9% a…
Aon agreed to acquire USI for $17 billion, a deal aimed at building a larger U.S. middle-market insurance platform and expanding access to the excess and surplus segment.
SLB agreed to acquire Kelvion for about $4.1 billion, adding thermal-management and heat-exchange technologies as it expands deeper into AI data-center infrastructure.
The cash acquisition adds Merida's Phase 1 MER511 program and antibody-degradation platform, with closing expected in the fourth quarter subject to regulatory approvals.