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Finance & Markets

Is Australia’s Buy Now Pay Later boom at an end?

Several firms promised to disrupt the consumer credit market by offering consumers their purchases instantly and the bill later. Did it work? Get our breaking news email , free app or daily news podcast Afterpay has never turned a profit in Australia. Last month, it spent millions to take over a Sydney Olympic Park arena.

AI

Hormuz Stalemate Raises Risk of $120 Oil

For months now, traders and market analysts have had to weigh two opposing scenarios for oil prices—the ongoing war and severely disrupted oil flows at the Strait of Hormuz and hopes that a U.S.-Iran…

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