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Orders were up 52% to 41.9 million and like-for-like orders increased 47%.

The tone of the monetary policy stance continues to remain cautious as against expectations of dovish stance.

Labor’s workplace relations spokesman, Brendan O’Connor, said allowing bosses to hire people to work alongside colleagues on better conditions would “corrode” the workplace relations system.

Meanwhile, the report also showed a decrease in spending on private construction, which fell by 0.5% to an annual rate of USD766.4 billion.

At $5 billion, Stripe is valued 40% higher than in December, when it raised $70 million at a valuation of $3.6 billion. In addition to Visa, existing Stripe investors Kleiner Perkins Caufield & Byers, Sequoia Capital and American Express also participated in the funding...

Don Gimbel, global portfolio manager of Geneva Advisors in Chicago – who oversees $9 billion – asks, “Why would anybody want to be invested in a controlled market?”

The new jet could fly from London to New York in an hour – opening up the possibility of a transatlantic return journey in a day. That puts Concorde’s time of 3.5 hours to shame, not to mention a conventional A330’s current 8 hour flight time.

Nigeria’s army has reported freeing almost 180 hostages held by Boko Haram jihadists in a rescue operation in the war-torn northeast of the country. The military said 67 of those freed were women.

The internet might be all aflame with talk of an Apple vehicle, but according to documents obtained by the Guardian, Google Auto is really where it’s at.

Speaking to Business Insider, “telecom sources” are also reporting that Apple is in talks with telecommunication companies in Europe as well, while it has been in talks with US carriers for years now.

Even so, the GOP is hoping to reap political gains because the videos have ignited the party’s core conservative, anti-abortion voters.

Even with the June slowdown, construction spending advanced to a seasonally adjusted annual rate of $1.06 trillion, the best pace in seven years.

HOFFMAN ESTATES, Ill. (AP) – Sears Holdings Corp. says a key sales figure fell sharply in the second quarter, particularly dragged down by weakness at its namesake stores.

Pretax profit fell to GBP210 million in the six months, compared with GBP332 million in the corresponding half of the prior year.

On Monday, the rout deepened after data showed Chinese manufacturing growth unexpectedly stalled in July and U.S. consumer spending advanced at its slowest pace in four months in June as demand for automobiles softened.