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Tag: Australia

Best hotels for business travelers in Asia-Pacific
Business

Best hotels for business travelers in Asia-Pacific

Business travelers are on the road again. So there's no better time for CNBC Travel to name the best hotels for business travel across Asia-Pacific.CNBC joined with the market and consumer data firm Statista to produce rankings of the "Best Hotels for Business Travelers." A second list of rankings for hotels in Europe and the Middle East will be published next month.In total, we analyzed more than 10,000 four- and five-star hotels in 117 locations to produce a list corporate travelers can trust. We did this using a three-step process:Asking business travelers and hotel industry professionals to answer a CNBC reader survey which ran from May 3 to June 7, 2022.Reviewing more than 1 million hotel data points, which included objective information (location, business facilities, food, leisur...
U.S. Coastguard Vessel Unable to Refuel in Solomon Islands
News

U.S. Coastguard Vessel Unable to Refuel in Solomon Islands

SYDNEY (Reuters) - A United States Coast Guard vessel was unable to enter Solomon Islands for a routine port call because the Solomon Islands government did not respond to a request for it to refuel and provision, a U.S. official said.The islands' government did not immediately answer a Reuters request for comment. The Solomon Islands has had a tense relationship with the United States and its allies since striking a security pact with China in May.The USCGC Oliver Henry was on patrol for illegal fishing in the South Pacific for a regional fisheries agency when it failed to obtain entry to refuel at Honiara, the Solomons' capital, a U.S. Coast Guard press officer told Reuters in an emailed statement.The U.S. vessel was diverted to Papua New Guinea instead, the official said.Political Ca...
Asian Shares Track Wall Street Losses Ahead of U.S. Inflation Data
News

Asian Shares Track Wall Street Losses Ahead of U.S. Inflation Data

(Reuters) - Asian shares fell and the dollar steadied on Wednesday as investors waited for a key U.S. report on inflation to provide hints to the Federal Reserve's plans for future monetary tightening.The Consumer Price Index (CPI) report will be released later today, with markets watching for signs that inflation eased in July despite last week's unexpectedly strong U.S. jobs numbers.MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.51%, while Japan's Nikkei extended losses from the previous day and was down 0.65%.South Korea's KOSPI lost 0.64%, Australia's AXJO dropped 0.12%, and Taiwan's TAIEX fell 0.70%."I don’t think that we are through the bear market woods yet – recession risks loom and I don’t think the Fed is done with its aggressive belt tightening," said David...
Yen Recovery Continues on Lower U.S. Yields; Markets on Edge Over Pelosi
News

Yen Recovery Continues on Lower U.S. Yields; Markets on Edge Over Pelosi

HONG KONG (Reuters) - The dollar continued its decline on Tuesday, falling to its lowest in two months against the recovering Japanese yen and losing ground on other peers, as investors continued to position for a less aggressive pace of Federal Reserve interest rate hikes.Jitters about the impact of an impending visit to Taiwan by U.S. House of Representatives Speaker Nancy Pelosi were also driving some safe-haven flows to the yen, while weighing on other Asian currencies.The greenback fell as low as 130.595 yen in early trading, its lowest since June 6, and was last down 0.55%, leaving it down 4% in the past four sessions."Its the same old story with the yen being very sensitive to the gap between U.S. and Japanese government bond yields. Of course Japanese ones aren't moving because ...
Australians in action, Cody Simpson, events, schedule, Day 1, live updates, blog, medal tally, swimming, T20 cricket
Entertainment

Australians in action, Cody Simpson, events, schedule, Day 1, live updates, blog, medal tally, swimming, T20 cricket

Australia is on the back foot early in the women’s T20 against India, with four wickets tumbling in the first five overs.Alyssa Healy departed for a duck on the second ball of the innings and was quickly followed by skipper Meg Lanning (8), Beth Mooney (10) and Tahlia McGrath (14).Chasing a tough but gettable target of 155 thanks to an outstanding knock of 52 from India captain Harmanpreet Kaur, the Aussies have an almighty task to hang in the match.Follow all the action in our LIVE BLOG below!Kyle Chalmers was the fastest in the men’s butterfly 50m, clocking in with 23.45 with fellow Aussie Matt Temple finishing with 23.70 as Cody Simpson also booked a berth in the semi-finals of the event.Simpson’s girlfriend Emma Mckeon also enjoyed a sizzling performance in the women’s 100m butterfl...
Liberty Offers Flexible Solutions to Business Tax Debt
Business

Liberty Offers Flexible Solutions to Business Tax Debt

MELBOURNE, Australia, July 29, 2022 (GLOBE NEWSWIRE) -- According to CPA Australia, the Australian Tax Office (ATO) has recently resumed its debt recovery activities after a two-year pause in response to COVID-19. The small business market alone reportedly owes $12.5 billion, and the ATO has written to more than 80,000 businesses encouraging taxpayers to resolve their debts. While many banks will not refinance tax debt, there are still ways to repay tax debt - including with the help of business loans. According to Liberty's Head of Communications Heidi Armstrong, lenders such as Liberty can help business owners find the right loan to support their tax debt repayments. "If you're a business owner who has received a repayment notice, you might consider consolidating your debt a...
What happened to F45? ‘Enormous issues’ behind fitness empire’s downfall
Fitness

What happened to F45? ‘Enormous issues’ behind fitness empire’s downfall

F45 co-founder Rob Deutsch says “never in his wildest dreams” could he have imagined the sudden downfall of the fitness empire he started in 2013.The Aussie gym behind what actor Mark Wahlberg calls the “best workout on the planet” took a major hit to its global ambitions this week after revealing it was laying off 110 staff.It came as Adam Gilchrist, who shares the same name as the Aussie cricketer and founded the business alongside Deutsch, suddenly announced he was stepping down as CEO and chairman of the company’s board of directors.F45 declared it was massively scaling back its expansion plans “amid changing macroeconomic and business conditions”.After planning to roll out 1500 new franchises this year F45 will instead aim for between 350 and 450 and its forecasted revenue has drop...