BUSINESS

With many of the Trump administration’s recent decisions running directly counter to the other members’ interests, the summit promises to be tense. Here’s what each member state hopes to get from it.

While a robust global economy has spawned more consumers to have larger purchasing powers, there has also been a rise in the flow of money that goes into activities for the betterment of the society.

Qantas Airways will be referring to Taiwan as a Chinese territory.

Supermarket giants Woolworths and Coles have committed to reduce their plastic usage.

The penalty fee is still subject to court approval.

Mothers tend to take more time than fathers away from their careers when they have children, and they pay a significant price.

The results of Italy’s general election on March 4 were problematic. We are now in another full-scale European crisis.

Does the Coalition’s tax plan favour high earners over those with lower incomes?

The Fair Work Commission cited strong economic forecast in setting the new minimum wage at $18.93 per hour or $719.20 per week.

ANZ Group Treasurer Rick Moscati, the Deutsche Bank and Citigroup, plus a number of individuals, will also be charged.

The multinational company calls this concept “floating cultural holidays,” which it introduced last year.

Amazon will be blocking Australians from its US sites from July 1.

The real estate industry has been using cloud computing to some extent in conducting transactions, but there is still a room for improvement.

All Virgin Mobile Australia stores will close by the end of June.

eBay Australia has announced a new membership delivery service that is expected to rival Amazon’s.

Do people always weigh up pros and cons, use all the available information and commit to their long-term goals when making such decisions? Research in behavioural economics suggests this is not the case.

“Britain has the most liberal attitude towards migration of any European country. And that followed the Brexit vote.”

More than 1 million cars in Australia will be recalled because of defective Takata airbags.

Optus will be cutting 200 jobs nationwide as it phases out Virgin Mobile, which it has owned for 18 years.

South Africa’s machinery and equipment industries have recently come under huge pressure. Falling demand after the 2008 financial crisis and rising energy costs have harmed the sector.

Optus has been ordered to pay a fine of $1.5 million for misleading customers.

Russian “dirty money” is a security threat to the UK, according to a report called “Moscow’s Gold”, just published by a committee of members of parliament.

New Zealand’s Labour-led coalition government used its first budget to drive step changes in social and environmental outcomes. The investment approach to public policy has become the new orthodoxy for governance.

Toys ‘R’ Us Australia has gone into voluntary administration.

The rapid growth of the giant online accommodation-sharing platform, aka Airbnb, is creating serious concerns about equity and the impacts on our cities and neighbourhoods as we know them.

The cost Prince Harry and Meghan Markle’s nuptials on May 19 2018 has been estimated at £32m by one wedding planning company. The cost to the public, however, will be far less than his brother William’s marriage to Catherine in 2011, largely because this brought with it a bank holiday.

Starbucks has announced a new restroom policy following the nationwide fiasco involving the arrest of two black men at one of its stores last month

President Donald Trump has demanded China cut its trade deficit with the U.S. by US$200 billion by 2020 or face a host of punishing tariffs. After recent talks with the U.S., China agreed to reduce it but wouldn’t commit to a target.

Toys ‘R’ Us is selling its mascot as well as some of adult-oriented domain names.