Business

THE ECONOMIST: It’s tempting to blame Donald Trump, but tariffs aren’t the only issue behind the downturn in prices.

Nestle has abruptly dismissed its chief executive Laurent Freixe for failing to disclose a romantic relationship with a subordinate.

THE NEW YORK TIMES:

THE NEW YORK TIMES: India’s hard work to present itself to the world as the best alternative to Chinese factories has been left in tatters.

An alleged vegetable cartel has been exposed in Australia, accused of fixing prices with supermarket Aldi caught up in the alleged scandal.

Sushi lovers may be left feeling short-changed with one of the world’s most iconic food containers about to be banned, as one Australian state ramps up its war on single-use plastics. 

Embattled Qantas Group will add to its string of big penalties after budget carrier Jetstar was fined for misleading New Zealand passengers about their rights following flight cancellations or delays.

Chinese leader Xi Jinping is hosting a summit for world leaders, including Russia’s Vladimir Putin, hoping to counterbalance Western alliances while promoting security co-operation and economic ties.

THE ECONOMIST: New players are taking aim at lucrative defence deals as war and sanctions put the squeeze on traditional suppliers.

‘Defend our sovereignty’: Norway will buy British-made frigates to beef up its maritime defence in the nations biggest ever military investment deal.

Shoppers could get the chance to dob in grocery retailers charging top dollar for shrinking products.

Australia’s national accounts will reveal if GDP is clawing back momentum, with economists divided on whether growth can meet the RBA’s forecast.

‘What we have seen in these matters is I would call misconduct on an industrial scale.’

Harvey Norman chair Gerry Harvey says shoppers are increasingly looking to upgrade to artificial intelligence-led devices, helping to deliver better-than-expected sales in the 2025 financial year.

Veteran retailer Gerry Harvey has gone on an extraordinary spray about the nation’s excessive red tape that he says is choking the economy and seemingly getting ‘worse and worse’.