Economy

UK inflation surges to a 30-year high level: What to expect now?

 UK inflation surges to a 30-year high level: What to expect now?

Highlights  Britain’s inflation rate rose to the highest level in the last 30 years, as per the official figures released by the Office for National Statistics (ONS). Some of the key factors that contributed to the higher reading are...

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Dixon Advisory files for voluntary administration

Dixon Advisory files for voluntary administration

Highlights Dixon Advisory has filed for voluntary administration as it comes close to its dark episode. Directors of Dixon Advisory identified that potential liabilities from regulatory penalties, class actions and settlements would result in i...

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Three ASX stocks to track as crude prices hit 7-year high

Three ASX stocks to track as crude prices hit 7-year high

Highlights Crude oil prices jumped to seven-year high levels amid ongoing political unrest across the globe. Turkey’s state pipeline operator Botas has cut the oil flow at the Kirkuk-Ceyhan pipeline following an explosion near Kahramanmar...

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Australia announces visa rebates to international students & workers

Australia announces visa rebates to international students & workers

  • January 19, 2022 08:48 PM AEDT
  • Samta

Highlights The Australian Government has announced providing an AU$55 million package for the visa application fee. Rising Omicron has forced many workers to isolate themselves. Many food and logistics firms witnessed workforce shortages ...

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Vanadium Resources (ASX:VR8) stake increases in the Steelpoortdrift project to 73.95%, following S11 approval

Vanadium Resources (ASX:VR8) stake increases in the Steelpoortdrift project to 73.95%, following S11 approval

Kicking off 2022 on a bright note, Vanadium Resources Limited (ASX:VR8) has dropped an upbeat market update regarding its flagship Steelpoortdrift Vanadium Project. VR8 has received approval from the South African Government to bolster its stake in...

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EarlyBirds and Department of Defence to deliver a brief at Military conference

EarlyBirds and Department of Defence to deliver a brief at Military conference

Highlights EarlyBirds, along with Department of Defence, successfully undertook a pilot program recently. EarlyBirds and Department of Defence will together present at the MilCIS conference scheduled in February 2022. On its platform, EarlyBir...

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Wealth of richest men doubled in pandemic, says Oxfam

Wealth of richest men doubled in pandemic, says Oxfam

Highlights The 2022 Oxfam report highlights that the collective wealth of the world’s top 10 richest men has doubled in the pandemic. About 99% of the world’s population is in a worse condition due to lockdowns, loss of business, em...

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Has Australian economy begun to show impact of Omicron variant?

Has Australian economy begun to show impact of Omicron variant?

Highlights Australia saw increased consumer spending pumping large sums of money into the economy last year. Aussies have embraced self-imposed restrictions amid growing fears surrounding the new variant. The latest payroll jobs and consumer s...

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Following US sell-off, ASX 200 closes 1% lower

Following US sell-off, ASX 200 closes 1% lower

  • January 19, 2022 06:11 PM AEDT
  • Sukriti

Highlights The ASX 200 closed 1% lower today, thanks to a sell-off in US stocks overnight. Investors withdrew from risk assets; government bond yields scaled up. Asian stocks also traded in the red zone. The global cryptocurrency market capit...

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Walmart is ready to penetrate the Metaverse world

Walmart is ready to penetrate the Metaverse world

Highlights Renowned retailer Walmart is taking a leap into the Metaverse and blockchain technology. It aims to introduce NFTs and create its own crypto in the future and has filed applications for the same. To explore emerging technologies and...

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Four ASX-listed gaming stocks to track as Microsoft bets big on games

Four ASX-listed gaming stocks to track as Microsoft bets big on games

Microsoft Corporation (NYSE:MSFT) on Tuesday announced the acquisition of US gaming giant Activision Blizzard in a US$69 billion deal. For those who are not aware, Activision Blizzard is the company that has developed popular games like Candy Crush...

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