Australian CEO Michael O’Keeffe says expansion in the home category, and a push further in China, are planned as the brand becomes part of the world’s largest beauty company.AUD +1.4% to 67.87 US centsIn New York: BHP +0.5% Rio +0.7% Atlassian +6%Spot gold +1.4% to $US2043.91/oz at 2.06pm in New York10-year yield: US 3.44% Australia 3.27% Germany 2.
AWS will offer a service called Bedrock that lets businesses customize what are called foundation models - the core AI technologies that do things like respond to queries with human-like text or generate images from a prompt - with their own data to create a unique model. LVMH climbed 5.7 per cent, closing at a record high after the world’s largest luxury company reported a 17 per cent jump in first-quarter sales that breezed past estimates as business in China rebounded sharply.
Capital Economics: ”Despite justifying its recent production cuts on an uncertain demand outlook, OPEC did not make any changes to its 2023 global GDP or oil demand forecasts in its monthly report for March.
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