business

Hyundai rolls out 27 heavy-duty hydrogen trucks in Germany

More hydrogen-powered trucks will take to the road in Europe this week thanks to funding from the German government, which will support the rollout of 27 heavy-duty Xcient Fuel Cell trucks by Hyundai to a group of seven German companies. The seven German companies working in logistics, manufacturing, and retail will put 27 Xcient Fuel …

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Reserve Bank more pessimistic than government about when inflation will decline Australian economy

The Reserve Bank is more pessimistic than the government about when and how quickly inflation will decline, implying it may need to raise its interest rate higher for longer to keep price increases in check. In its quarterly statement on monetary policy, released on Friday, the central bank elaborated on its estimates for GDP growth, …

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Why Mitsubishi Won’t Be Bringing a Full EV to Australia Just Yet

As one of Australia’s most popular automakers, Mitsubishi has been held back internationally from releasing a mainstream electric vehicle. Instead of jumping onto battery EVs, Mitsubishi Australia wants to stick with PHEV (plug-in hybrid electric vehicle) technology… At least for now. Over in Japan, Mitsubishi recently released the eK Xa short-range EV for inner city …

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ASX lithium shares facing ‘insatiable’ demand amid global funding gap

Image source: Getty Images ASX lithium shares are charging higher today. Leading lithium stocks Liontown Resources Ltd (ASX: LTR) is up 4.96% in early afternoon trade and Pilbara Minerals Ltd (ASX: PLS) shares are up 3.61%. This week, both ASX lithium companies presented at the Diggers & Dealers Mining Forum in Kalgoorlie, Western Australia. As …

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Musk accuses Twitter of deliberately miscounting spam users in countersuit Elon Musk

Elon Musk has accused Twitter of deliberately miscounting the number of spam accounts on its platform as part of a “scheme” to mislead investors. The Tesla chief executive made the allegations in a countersuit against the social media company, which is taking Musk to court in an attempt to make him complete an agreed $44bn …

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Binance funds Andrew Bragg’s trip to San Francisco

The precise days of this June trip, for “digital asset meetings”, are unknown. Bragg updated the Senate register of interests on July 13. Last year, Britain’s Financial Conduct Authority announced that Binance is prohibited from conducting any regulated activity in Britain and warned consumers about firms advertising and selling investments in crypto-assets. Around the same …

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BITRE data reveals WA’s Broome Airport has the worst flight delays in Australia

A popular tourist town in WA’s far north has been outed as having the worst airport delays in Australia, according to new data. A monthly report by the Bureau of Infrastructure and Transport Research Economics has revealed that Broome experienced the lowest percentage of on-time arrivals and departures this June, with a little over 30 …

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Bank of England’s half a point interest rate rise will go down in history

Instead, the Bank of England’s announcements are being seen so far as refreshingly direct and honest. They are also acting as a catalyst for serious discussions and analysis and, as important, deeper consideration of what is being proposed by the two candidates for prime minister. ‘Trusted advisor’ The Bank of England is reminding the world …

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