Bloomberg Australia Defense Minister Richard Marles said he had a “very frank and full exchange” with his Chinese counterpart on Sunday, marking the highest-level meeting between the countries in more than two years amid a flare-up in tensions. Marles said he discussed issues including the interception of an Australian aircraft by a Chinese jet last month with Defense Minister ...

  Bloomberg UK companies are scaling back their ambitions in response to chronic labour shortages that show few signs of abating, an employment group has warned. The report by the Recruitment and Employment Confederation and KPMG found job vacancies and placements both slowed in May, possible signs that employers are starting to “rethink their growth plans because of skills shortages ...

  Bloomberg The Port of Los Angeles, the US’s busiest, is preparing for the early arrival of 2022 peak season for cargo as retailers stock up on back-to-school and fast-fashion products despite high inventory levels, Executive Director Gene Seroka said. “The upstream orders coming from Asia — getting ready for an early arrival of peak-season goods — look strong; the ...