business newsReuters offers trusted business, monetary, nationwide, and worldwide news to professionals through Thomson Reuters desktops, the world’s media organizations, and directly to consumers at Reuters.com and by way of Reuters TV. NEW YORK (AP) — Many small firms tied to the housing market are seeing a slowdown in business, one that’s forecast to proceed nicely into 2020. Separately, Flipkart Internet, the India unit which runs the corporate’s market enterprise, has recorded a forty% rise in losses to Rs 1,624 crore fuelled by elevated worker expense and advertising for the yr ending March 31, 2019.

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Company of Anthony Pratt, Australia’s richest man, pays virtually no tax

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