Australia Archives — City Business News

August 22, 2023 No Responses

LNG’s Plant Strike Push-Up Gas Price

The prospect of a possible strike at a Liquefied Natural Gas (LNG) plant in Australia has pushed wholesale gas prices up in Europe. The Offshore Alliance union warned that a strike at the North West Shelf facility could start as...

July 14, 2023 No Responses

Australia Appoints First Woman To Lead Central Bank

Australia’s central bank says it will be led by a woman for the first time since it was founded in 1960. Michele Bullock will succeed Philip Lowe, who is coming to the end of a seven-year term as governor of...

January 15, 2023 No Responses

Kia Extends Australian Open Partnership To 2028

Kia Corporation has extended its support of the Australian Open to 2028, continuing the brand’s highly successful partnership with the prestigious tennis Grand Slam event that first began in 2002. A statement issued by Kia explained that at the A...

January 6, 2022 No Responses

Australia Cancels Visa Of Djokovic, Tennis Top Player

Tennis star Novak Djokovic has had his visa to enter Australia dramatically revoked on his arrival in Melbourne. The world number one was held in the city’s airport for several hours before border forces announced he had not met entry...

July 25, 2021 No Responses

Australia Tame D’Tigers In First Group Game

Nigeria’s D’Tigers suffered a 67-84 defeat to the Boomers of Australia in their first Group B preliminary game of the Tokyo Olympics at the Saitama Arena on Sunday. The News Agency of Nigeria (NAN) reports that D’Tigers came into the...

May 28, 2021 No Responses

Russia Blocks Air France, Austrian Airlines For Avoiding Belarus

Russia has denied entry to two European airlines because they planned to avoid flying over Belarus to get to Moscow. Air France and Austrian Airlines have both had to cancel services after their flight plans were rejected by Russia. Some...

March 5, 2021 No Responses

Italy ‘blocks’ AstraZeneca Vaccine Shipment To Australia

The Italian government has blocked the export of an Oxford-AstraZeneca vaccine shipment to Australia. The decision affects 250,000 doses of the vaccine produced at an AstraZeneca facility in Italy. Italy is the first EU country to use the bloc&#821...

September 2, 2020 No Responses

Australia Records First Recession In 30 Years

Australia’s economy has plunged into its first recession in nearly 30 years, as it suffers the economic fallout from the coronavirus. Gross domestic product (GDP) shrunk 7% in the April-to-June quarter compared to the previous three months. T...

June 22, 2020 No Responses

Vikram Pawah To Lead BMW In India, Australia, New Zealand

BMW Group India has appointed Vikram Pawah as the President, effective from 1st August 2020. He will also continue in his present role of CEO of BMW Group Australia and New Zealand.Vikram Pawah has been with luxury car giant since 2017 and he...