World Business NewsAustralian core inflation drops to lowest since 2021
Trimmed mean inflation is at 2.4%, headline inflation eases to 2.1%, and services inflation slows to 3.3%

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World Business NewsTrimmed mean inflation is at 2.4%, headline inflation eases to 2.1%, and services inflation slows to 3.3%
World Business NewsAmazon, which sells groceries through its website and Amazon Fresh stores, has been subject to the Code since 2022
World Business NewsThe fall in investment contributes to a widening of U.S. current account deficit, which rises to a record $450.2 billion in the first quarter
HeadlinesGovernment will need to justify these revisions to demonstrate its commitment to meeting the Rs14.131 trillion revenue target
HeadlinesPakistan initially sought rescheduling of $3.4 billion from Exim Bank of China; agreement reached on restructuring $1.8 billion, excluding buyer’s credit loans
HeadlinesMulti-Year Tariff (MYT) framework approved for power distribution companies, power regulator forecasts 2.8% increase in electricity demand for in next fiscal year
World Business NewsChina remains the largest buyer of Iranian oil and rejects what it calls Washington’s use of unilateral sanctions
AutomobileFrench investigators cite issues with sales contracts missing key delivery information and delays in processing customer refunds
AutomobileThe launch covers a 65-square-mile area of Atlanta and adds to growing efforts to bring self-driving vehicles to more cities
World Business NewsEuro rises 0.1% to $1.1588, and the yen gains 0.72% to 145.13 per dollar
HeadlinesFrom new Chinese trains to billion-rupee upgrades and shuttered loss-making units, minister outlines bold vision for a modern, profitable rail network
HeadlinesNAB concludes 700 inquiries, 218 investigations, and recovers billions in embezzled funds and encroached land during 2023–24