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Who is Akshata Murty? The mega rich wife of UK Prime Minister Rishi Sunak

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Akshata Murty is an Indian-born businesswoman who is believed to be worth over $2 billion

When Akshata Murty was studying at Stanford University, she met Rishi Sunak, who was studying as part of the prestigious Fulbright Scholarship.

The pair became close friends, and eventually began dating. Within four years, they got married.

At the time, Murty’s father says he found Sunak “to be all that you described him to be—brilliant, handsome and, most importantly, honest”.

Akshata is the daughter of Infosys co-founder Narayana Murthy, who has been dubbed the ‘Bill Gates of India’.

Today, his daughter has a stake in the company, which makes her an heiress to a fortune worth billions.

This makes her widely regarded as one of the most successful businesswomen in India.

Akshata Murty has a fortune worth more than King Charles III.

Infosys is a technology company, which prides itself on digital services and consulting services.

Akshata is widely believed to hold a 0.9 per cent stake in the company, which has led her to a fortune of £730 million.

This makes the Indian billionaire richer than Queen Elizabeth II, whose fortune was placed at £370 million before her death.

However, she has previously come under fire for not paying her fair share of tax.

In fact, she claimed non-domiciled status, which meant she did not pay local tax on her overseas income.

But she gave up this status when her husband became UK Chancellor in 2020.

“I understand and appreciate the British sense of fairness and I do not wish my tax status to be a distraction for my husband or to affect my family,” she said.

Her husband, Rishi Sunak becomes the youngest UK Prime Minister in two centuries.

He said he comes to the job at a time when the UK is facing “a profound economic challenge”.

Costa is a news producer at ticker NEWS. He has previously worked as a regional journalist at the Southern Highlands Express newspaper. He also has several years' experience in the fire and emergency services sector, where he has worked with researchers, policymakers and local communities. He has also worked at the Seven Network during their Olympic Games coverage and in the ABC Melbourne newsroom. He also holds a Bachelor of Arts (Professional), with expertise in journalism, politics and international relations. His other interests include colonial legacies in the Pacific, counter-terrorism, aviation and travel.

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Trump’s “very productive” deal: What’s behind the U.S.-China agreement?

US and China agree to new terms amid trade war, following productive talks between Treasury Secretary Bessent and Vice Premier He.

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US and China agree to new terms amid trade war, following productive talks between Treasury Secretary Bessent and Vice Premier He.


The United States and China have reached a new agreement amid an intensifying trade war between the world’s two largest economies. This comes after US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng held their first in-person talks since the imposition of heavy tariffs on both sides.

President Trump has described the discussions as “very productive,” signaling cautious optimism as financial markets remain volatile and American consumers feel the pinch of rising prices. Secretary Bessent addressed reporters after long negotiations, underlining the urgency both sides felt to de-escalate the stalemate.

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U.S. and China strike surprise trade deal

US and China reach a significant trade deal amid tensions, signaling thawing relations, while the UK secures symbolic concessions; insights from economist Tim Harcourt.

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US and China reach a significant trade deal amid tensions, signaling thawing relations, while the UK secures symbolic concessions; insights from economist Tim Harcourt.


In a stunning development amid rising tensions, the United States and China have agreed on a new deal as part of their ongoing trade war.

US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng held the first in-person meetings in years, signaling a potential thaw in relations.

President Trump called the talks “very productive.”

Meanwhile, the UK has managed to score key trade concessions from the US, including on autos, jet engines, and steel—although the benefits may be more symbolic than substantial. Could this deal impact Australia’s trade position?

We unpack the details with Professor Tim Harcourt, Chief Economist at UTS and host of The Airport Economist.

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Inflation data, earnings reports, and market trends to watch

Investors focus on inflation data, trade meetings, Fed remarks, retail sales, and key earnings reports this week.

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Investors focus on inflation data, trade meetings, Fed remarks, retail sales, and key earnings reports this week.

In Short:
Inflation data will be a key focus this week, alongside trade meeting results and important earnings reports. Investors will monitor Fed Chair Jerome Powell’s remarks and various economic indicators, including retail sales and sentiment surveys.

Inflation data set for Tuesday is expected to be a focal point this week.

Investors will also assess the results of recent U.S. and Chinese trade meetings following a quiet Friday that saw stock declines for the week.

On Thursday, remarks from Fed Chair Jerome Powell will be closely monitored as he faces pressure from President Donald Trump regarding interest rate decisions.

Retail sales figures will also be released on Thursday, coinciding with Walmart’s earnings report.

Key earnings announcements this week include those from Cisco Systems, Alibaba Group, Deere & Co., Applied Materials, and Take-Two Interactive.

In addition, consumer and small business sentiment surveys, along with data from the homebuilding and manufacturing sectors, may also draw interest.

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