World 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...

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...

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...

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...

BarkBox set to go public via $1.6M SPAC merger

BarkBox, the start-up company that became famous for its monthly subscription service for dogs, has announced a significant US$1.6 billion merger with...

Ten Republican US states drag Google to court for its monopoly over...

Ten attorneys general in the US opened another antitrust lawsuit against the search engine giant Google on Thursday. The Republican-led group of atto...

Meet Katherine Tai, Biden’s pick for top trade diplomat

After the electoral college officially confirmed Joe Biden as the 46th American President, Mr Biden nominated Katherine Tai to be the next Trade Repre...

What are the most trustworthy COVID-19 websites?

The coronavirus pandemic, besides having unleashed the worst health crisis in a century, also went on to prove how powerful media and fake news could...

Coronavirus rescue package on cards in US, markets cheer

U.S. congressional leaders announced on Wednesday that they are working towards bringing a stimulus package of $900 billion. The COVID-19 aid bill wil...

US Fed Continues to Pump Money, Nasdaq Contours New ATH

The US stock market has once again ended at a record high on 16 December 2020, with S&P 500 and Nasdaq 100 both hitting their previous record high...

Giving away billions of fortunes in charity: The McKenzie Scott way

McKenzie Scott on Wednesday shot into limelight again after she announced to donate A$5.5 billion (US$4.2 billion) in charity in four months. Ms Scott...

Are America’s wealthiest 1% calling dibs on COVID-19 vaccine?

After Pfizer’s pioneer COVID-19 vaccine received emergency approval for distribution in the US, many Americans are keenly waiting for an opportu...

Australia drags China to the WTO over barley tariffs

The Australian government announced that it would take China to the World Trade Organisation over massive tariffs on Australian barley. The situation...

Wish to tap the US secondary market with US$1.1 billion IPO

After the successful launch of Airbnb and DoodDash’s billion-dollar IPOs, now its time for the Online retailer, Wish to hit the market. The comp...