Australia economy grows 0.4% in Q3, misses forecasts

Data from the Australian Bureau of Statistics out on Wednesday showed real gross domestic product (GDP) rose 0.4% in the third quarter, under market forecasts of a 0.7% gain.

Victims’ families plan to file wrongful death lawsuit in UPS cargo jet crash

Dec 2 (Reuters) - Families of the victims of a UPS cargo jet crash plan to file a wrongful death lawsuit on Wednesday, according to one of the law firms representing the victims. The UPS MD-11 cargo ...

Exclusive-Netflix, Warner Bros Discovery combo seen lowering costs for consumers, sources say

In recent talks with Warner Bros Discovery, Netflix said the potential combination of its streaming service with HBO Max ...

US pauses all immigration applications for immigrants from 19 countries, New York Times reports

Dec 2 (Reuters) - U.S. President Donald Trump’s administration has paused all immigration applications, including green card and U.S. citizenship processing, filed by immigrants from 19 countries, the ...

Texas camp to reopen after flood that killed 27 children

NEW YORK, Dec 2 (Reuters) - A Texas Christian summer camp for girls, where 27 campers died in a July 4 flash flood, announced plans to reopen in May at a nearby location with enhanced safety measures, ...

Exclusive-Unilever-backed audit finds deficiencies in financial controls, governance at Ben & Jerry’s Foundation

Exclusive-Unilever-backed audit finds deficiencies in financial controls, governance at Ben & Jerry’s Foundation ...

Instacart sues New York City over worker pay, tipping laws

NEW YORK, Dec 2 (Reuters) - Instacart sued New York City on Tuesday, seeking to block enforcement of five laws affecting the ...

US judge blocks Trump from cutting Medicaid funding for Planned Parenthood in 22 states

BOSTON, Dec 2 (Reuters) - A federal judge on Tuesday blocked U.S. President Donald Trump’s administration from enforcing in 22 states a provision of the Republican’s signature tax and domestic policy ...

South Korea Q3 GDP +1.3% q/q, faster than earlier estimate

SEOUL, Dec 3 (Reuters) - South Korea’s economy expanded by 1.3% in the third quarter, revised central bank data showed on Wednesday, faster than the bank’s earlier estimate of 1.2%. It was the fastest ...

YouTube says it will comply with Australia’s teen social media ban

SYDNEY, Dec 3 (Reuters) - Google’s YouTube said it will obey Australia’s world-leading ban on social media accounts for ...

Australia’s economy likely at potential growth limit, top central banker says

SYDNEY, Dec 3 (Reuters) - Australia’s top central banker said on Wednesday that the economy was likely already at its potential growth limit, adding that the output gap has probably closed.

Thyssenkrupp, workers agree on job cuts in steel division

Dec 1 (Reuters) - Thyssenkrupp Steel Europe said on Monday it had agreed with union IG Metall to cut or outsource about 11,000 jobs, or 40% of its workforce, and reduce production capacity to a ...