Paige McNamee
Overnight editor
Plus: US rate cut hopes pushed to November after high March inflation; KPMG slapped with US$25m fine for exam cheating; Biden stops short of vetoing US$14b Nippon-US Steel merger.
Plus: Dubber sacks CEO over missing $26.6m; FAA investigates new Boeing 787 whistleblower claims; Microsoft invests US$2.9b in cloud and AI in Japan.
Plus: Woolworths and leading grocery retailers launch $190m VC fund; Shell weighs relocating its UK listing to NY; AUKUS confirms discussions to collaborate with Japan.
Plus: Netanyahu withdraws troops from Khan Younis; Chinese central bank unveils $107b relending fund; Regulator investigates ExxonMobil over leaking Bass Strait pipeline.
Plus: Ripple Labs launches USD-pegged stablecoin; EU authorities arrest 22 fraudsters over Covid recovery funding; Chinese banks could become new Thames Water shareholders.
Plus: Tesla searches for EV factory sites in India; Amazon cloud division cuts hundreds of jobs; Disney triumphs in long-running activist campaign from Nelson Peltz.
Plus: Tesla shares fall on low quarterly deliveries; FDIC mulls tightening passive investor exemptions for asset managers; Amazon scraps ‘Just Walk Out’ tech in favour of smart carts.
Plus: Neoen to sell 30% stake in its Australian division; Google agrees to destroy users’ ‘incognito’ data history; Erdoğan suffers major defeat in Turkey’s local elections.
