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Russia says its Nord Stream 2 pipelines will stabilise gas prices
December 31, 2021 12:21 AM AEDT| By Priyanka PayalHighlights Russia says that its Nord Stream 2 pipelines are on track with the completion of filling the second pipe with gas. It is alleged that the project is not complying with European law. The Nord Stream 2 gas pipeline is seen as a danger.....
What is Elon Musk's plan for paying A$11 billion in taxes?
December 30, 2021 09:55 PM AEDT| By Aditi SahaHighlights Elon Musk, world's richest person with a fortune estimated at US$243 billion, recently tweeted that he will pay US$11 billion in taxes this year. Musk's tax declaration came after a series of spats with Democratic lawmakers, no.....
Thousands of flights cancelled globally as omicron spreads its tentacles
December 30, 2021 04:52 PM AEDT| By Toshiva JainHighlights As Christmas hit, thousands of flights have been cancelled globally. Because of the sudden surge in the COVID-19 cases globally, inflicted by the new variant: Omicron, the aviation industry is facing a workforce shortage. Various US.....
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Adani heads for coal export from controversial Carmichael mine
December 30, 2021 04:14 PM AEDT| By Sukriti NairHighlights Adani’s Australian mining arm will soon ship coal from North Queensland export terminal. The clearance comes amid continuing protests and years of fierce campaigning from environmental and native g.....
Is Dovetail one of Australia’s hottest startups?
December 30, 2021 02:29 PM AEDT| By Priyanka PayalHighlights Customer analytics startup, Dovetail is viewed as one of the hottest startups in the Country. It is anticipated that the Company has raised a significant new funding round of approximately AU$86 million in just over four years of its.....
US stocks close mixed after choppy session
December 29, 2021 01:57 PM PST| By Versha JainBenchmark US indices closed mixed on Wednesday, December 29, after a choppy trading session as traders took a breather ahead of the New Year holidays. The S&P 500 climbed 0.14% to 4,793.06. The Dow Jones rose 0.25% to 36...
Omicron dominates news buzz, how are Aussie, NZ dollars doing?
December 29, 2021 05:39 PM AEDT| By Sukriti NairHighlights Lack of trading activity and economic data is making Omicron the market influencer. The fast-spreading virus and global restrictions are clouding the Australian economic outlook at present. Coronavirus cases are peaking all arou.....
New Year’s Eve weather forecast delivers mixed bag across Australia
December 29, 2021 04:54 PM AEDT| By SamtaHighlights BOM issued critical weather warnings for Eastern Asia at New Year’s Eve. Melbourne can hit 38C, making it the second hottest day in 2021. Fire services will work as per events following the severe heatwave warnings .....
US markets close mixed, dragged down by tech, healthcare stocks
December 28, 2021 01:21 PM PST| By Versha JainBenchmark US indices closed mixed on Tuesday, December 28, dragged down by technology and healthcare stocks amid rising oil prices. The S&P 500 fell 0.10% to 4,786.35. The Dow Jones rose 0.26% to 36,398.21. The NASDAQ Composite fell 0.56% to 15,...
10 biggest scientific breakthroughs in 2021
December 26, 2021 12:52 AM AEDT| By Sanjeeb BaruahHighlights Researchers have made a ground-breaking discovery that can help people with paralysis to control their robotic limbs and wheelchair just by thinking about moving their bodies. On Nov 21, NASA’s Parker Solar Probe completed a re.....
Morrison Govt announces A$100M funds for energy storage projects
December 24, 2021 07:30 PM AEDT| By SamtaHighlights The Australian Renewable Energy Agency will be allocating AU$100 million to support large scale energy storage projects in Australia. Federal Government is working along with the private sector to keep the energy projects. The fundi.....
Omicron fears get flights cancelled
December 24, 2021 05:18 PM AEDT| By Aditi SahaHighlights Thousands of Australians' Christmas eve travel plans are in shambles, and many will be unable to fly to their destinations to celebrate the holiday. Airline staff Covid exposures and close contact rules resulted in the cancellation o.....
Aussies to shop worth A$8.2B via online platforms this Christmas
December 24, 2021 04:16 PM AEDT| By Sonal GoyalHighlights The National Retail Association predicts that AU$8.2 billion worth sales will be done this Christmas season through online platforms. The total value of sales will be around AU$60.8 billion from 15 November till Christmas. The sales.....
Who’s waiting for Robbie Williams' biopic “Better Man”?
December 24, 2021 10:55 AM AEDT| By Aditi SahaHighlights The current buzz revolves around filming "Better Man" at Docklands Studios in Melbourne in early 2022, directed by Michael Gracey. The film is being backed by state and federal governments’ incentive programmes and is anticipat.....
US stocks rally ahead of holidays, consumer spending up
December 23, 2021 02:33 PM PST| By Versha JainBenchmark US indices closed in the green on Thursday, Dec 23, lifted by basic materials and industrial stocks amid a buoyant trading session as Christmas and New Year holidays approach. The S&P 500 climbed 0.62% to 4,725.79. The Dow Jones rose 0...
Boxing Day sales: Australians likely to spend A$4B
December 24, 2021 07:00 AM AEDT| By Sonal GoyalHighlights Commonwealth Bank data highlights that shoppers would spend nearly A$4 billion this year on Boxing Day. CBA research indicated that 69% of Australians are expected to spend AU$4 billion for buying single or multiple items. The sales.....
Endangered bird calls beat others on Australian music charts
December 24, 2021 07:00 AM AEDT| By Sukriti NairHighlights Endangered bird calls have topped the Australian aria chart, pushing down Mariah Carey and Ava. The song of disappearance, released by Birdlife Australia features 53 endangered calls. Aussies have thus proved their affection for end.....
US stocks edge higher as Omicron fears fizzle
December 22, 2021 01:55 PM PST| By Rupam RoyUS stocks rallied for the second consecutive day on Wednesday, December 22, helping the indices close higher after a South African government report said Omicron is weaker than the Delta variant. The S&P 500 was up 1.02% to 4,696.56. The Dow Jon...
Does the Kuri Kuri Power Station Betray Australia’s Zero Emissions Commitment?
December 22, 2021 04:22 PM AEDT| By Daniel Paul JohnsHighlights The approval of a new gas power station has been described as a betrayal of the Federal Government’s commitment to have zero carbon gas emissions by 2050 Gas is considered an important alternative to coal and oil as it produces.....
Australia retail spend unaffected by Omicron outbreak
December 21, 2021 05:13 PM AEDT| By Sukriti NairHighlights Retail spending in the ongoing sales season is expected to increase from pre- pandemic levels. Omicron cases and COVID-19 transmission has not impacted consumer spending in Australia. Omicron outbreak has not affected the .....
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