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Australia central bank sees rates on hold

Bloomberg Australia’s economy faces a trifecta of risks that could disrupt household spending and the central bank’s outlook for faster economic growth and falling unemployment. In minutes of its last policy meeting for the year, the Reserve Bank (RBA) struck a slightly dovish tone. It noted a “generalised tightening of credit availability” in the economy even as it stuck to ...

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Swiss National Bank cuts inflation forecast

Bloomberg The Swiss National Bank (SNB) cut its inflation forecast and showed no inclination of moving off its crisis-era settings, citing franc’s strength and mounting global risks. Investor anxiety about Italian politics, trade tensions and Brexit has put upward pressure on the franc in recent months, dragging it further away from its April low against the euro. Highlighting those risks, ...

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Amazon’s best-selling TV  comes via its rival Best Buy

Bloomberg Amazon.com Inc.’s shadow looms large over most US retailers this holiday season, but the online giant could prove to be bright spot for Best Buy Co. Two of the top five best-selling televisions on Amazon are models sold on Best Buy’s new storefront on Amazon, which the companies unveiled over the summer. The TVs come equipped with Amazon’s Fire ...

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