Australian Growth Slows as Government Cuts Spending

Australia’s economy slowed last quarter as the government and consumers tightened spending, validating the central bank’s decision to cut interest rates yesterday.

BP Deputy CEO Says Permian M&A 'Looks Highly Priced'
13:51 - Bloomberg's Alix Steel sits down for an exclusive interview with BP's Deputy CEO Lamar McKay at the Scotia Howard Weil Energy Conference in New Orleans. (Source: Bloomberg)
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