News

US Congress Strikes USD 900 Billion Stimulus Deal for Coronavirus  

The relentless coronavirus pandemic has forced the US Congress to provide further stimulus to the ailing economy. After marathon negotiations, the sti...

Australia, New Zealand Travel Bubble Arrangement Comes Under Doubt

The recent travel bubble arrangement between Australia and New Zealand might not materialise due to recently found coronavirus clusters in Sydney. In...

Before his White House departure, Trump has a spree of mining, energ...

As per media reports, the United States President Donald Trump is rushing to flag off a final wave of major mining and energy projects on the federal...

COVID-19 impact: Passenger vehicle use plummets, road freight grows

Australia saw a sharp fall in the usage of passenger vehicles in 2020, courtesy coronavirus pandemic and natural disasters such as floods, bushfires,...

What’s Facebook & Apple’s latest feud all about?

ll hurt small and middle-sized businesses that largely depend on personalised ads. Public disputes between tech giants Apple (NASDAQ:AAPL) and Fa...

Alarm Bells in the UK Over new COVID-19 Virus Mutation

Viruses show mutation regularly, and researchers have found multiple mutations among different samples of the novel coronavirus, the virus that causes...

Copper Tops USD 8,000, Commodity Supercycle at Play?

At present, many analysts believe that a copper supercycle is underway and the same has resulted in copper prices hitting a record high. So, what is a...

Cyberpunk 2077 removed from Sony’s PlayStation Store, online buyers...

Sony Interactive Entertainment (SIE) has removed the much-anticipated Cyberpunk 2077 game from the PlayStation Store. The company is now offering refu...

Microsoft’s plan of in-house chip deals a heavy blow on Intel’s stoc...

The shares of Intel dropped significantly over 6% by the market close on 18 December 2020.  The technology industry and stock market participants...

FDA greenlights Moderna’s COVID-19 vaccine

For a world striving to emerge out of COVID-19 gloom, the light at the end of the tunnel just got brighter. Adding to the hope for the future, another...

Tesla Share Price at Record high, EV Leader Enters S&P 500 with a ba...

Tesla is breaking all records with the stock contouring another record high of USD 695.00 a share yesterday. The EV giant is now all set to see its in...

US banks can now buy back shares post green signal from Fed

Share repurchases or share buybacks are heavily preferred by US companies as a part of shareholder returns. Federal Reserve has given a green signal o...

COVID-19 blues hit Coca Cola, thousands to lose jobs

Coca Cola has sprung to limelight after announcing its plan to lay off 2,200 workers around the globe. The Company had to take this step as a part of...

Alliance Aviation (ASX:AQZ) Expands Fleet With 16 Additional Embraer...

Alliance Aviation Services Limited (ASX:AQZ) and Jetran LLC, of the United States have sealed a deal, marking the expansion of the AQZ...

Crude at Crossroads After Surpassing USD 50 Hurdle

Crude oil price rally has stalled post surpassing the 9-month high with the Brent crude oil futures reaching a high of USD 51.90 per barrel (intraday...

FCA Calls on Investors to Pull Out Their Money from Unregistered Cry...

British financial regulator Financial Conduct Authority (FCA) is expected to go hard on unregistered crypto-asset firms. The FCA has urged the investo...

Coinbase Files For IPO In First For Cryptocurrency Exchange

Cryptocurrency exchange, Coinbase Inc, announced on December 17 that it has secretly filed for a public offering on the U.S. Securities and Exchange C...

Ahead of an IPO, Robinhood agrees to pay US$65 million to settle SEC...

Robinhood, a financial service company, will pay US$65 million (A$85 million) to settle the government lawsuit in regard to not disclosing full inform...

SunRice Group (ASX:SGLLV) Expands Footprint into NZ Dairy Nutrition...

The CopRice business of Ricegrowers Limited (trading as SunRice Group on the ASX, ASX:SGLLV) is all set to cater to Kiwis. The Company has signed a de...

What is driving Sydney’s luxury housing market?

Australian property market is seeing a strong revival after remaining under stress in 2020 due to the coronavirus pandemic. With national home values...