Bloomberg Deliveroo Plc is closing its Australian business after it failed to win enough orders competing against food-delivery rivals including Uber Eats and Menulog. Deliveroo Australia Pty has been put into administration and will stop trading imminently, Deliveroo said. “The company cannot reach a sustainable and profitable scale in Australia without considerable financial investment,” it said. The expected returns ...

Bloomberg Nato and Poland’s leaders said there is no indication that a missile that struck Polish territory late Tuesday was an intentional Russian attack as governments in the military alliance moved to defuse the incident. “Our preliminary analysis suggests that the incident was likely caused by a Ukrainian air defense missile fired to defend Ukrainian territory against Russian cruise missile ...

  Bloomberg Thailand will persist with its gradual approach to monetary policy tightening, a top central banker signalled, citing that the economy was better off compared to others on most parameters. “You could expect not to be surprised,” Bank of Thailand’s Assistant Governor Piti Disyatat said at the Bloomberg Business Summit in Bangkok on Wednesday, when asked what to look ...