World news

Saudi Aramco to achieve net zero emissions by 2060

October 24, 2021 04:23 PM AEDT| By Sukriti Nair

Saudi Arabian energy giant Saudi Aramco has set its net zero emissions target to 2060. On Saturday, Aramco chief Amin Nasser declared that the energy major aims to reduce emissions from operations by 2050. The news was shared at the Saudi Green Ini.....

World’s COVID-19 vaccine story till now

October 24, 2021 02:41 PM AEDT| By Sukriti Nair

Soon it will be two years since COVID-19 began. And, yet, the pandemic has still not ended. However, global endeavors to create an effective COVID-19 vaccine are bearing fruit. It's not just the rollout of a vaccine but increasi.....

7 financial lessons from Netflix’s Squid Game

October 24, 2021 12:03 AM AEDT| By Sukriti Nair

COVID-19 pandemic has dramatically worsened life for the world's poor. The money crisis is whiplashing developing nations. People have taken loads of 'survival' debt, and hopes of life-changing money have made them prone to financial fraud. Thus, u.....

A look at Tesla’s Journey in 2021 and beyond

October 23, 2021 01:43 AM AEDT| By Samta

Highlights Tesla booked total revenue of US$13.75 billion, up 57% on year-over-year basis. Analysts predict price target of US$1,000 for Tesla. Despite a list of problems ranging from legal issues to supply chain constraints, the company.....

The great resignation: Five things Aussie firms need to incorporate now!

October 23, 2021 01:34 AM AEDT| By Sonal Goyal

Highlights Post COVID-19 pandemic, it has been estimated that 40% of the global workforce will change their jobs in 2021. In the United States, millions of people left their jobs in April 2021, which is the highest number since December 2000. .....

How are ASX retailers gearing up for Christmas 2021?

October 23, 2021 01:10 AM AEDT| By Samta

Highlights The retail turnover dropped by 1.7% in August, whereas consumer sentiment remains high. While global supply chains are forecasted to struggle in the upcoming months, Aussies are gearing up for Christmas. Australian retailers a.....

NZ Government discloses new traffic light system and business support package

October 22, 2021 06:18 PM AEDT| By Sonal

Highlights The NZ government revealed its new COVID Protection framework on Friday, which includes 3 traffic light systems once all DHBs achieve 90% vaccination rates. The new framework will involve red, orange and green settings, which w.....

What makes trading in Quant crypto different from others

October 22, 2021 04:25 PM AEDT| By Jasmine Anand

Highlights Quant trading has been quite popular, owing to its unique concept and strategy. Its operating system, Overledger, integrates multiple DLTs from various blockchains for speedier and efficient growth. Its unique strategies, which comp.....

S&P 500 closes at all-time high as tech shines, inflation jitters fade

October 21, 2021 03:22 PM PDT| By Sanjeeb Baruah

The S&P 500 Index closed at an all-time high on Thursday, October 21, helped by gains in technology stocks, while Nasdaq concluded the session in the green, Dow Jones slipped. The S&P 500 was up 0.30% to 4,549.78. The Dow Jones fell 0.02% to...

Musk on Mars: Rocket man to extend life to Mars

October 21, 2021 08:44 PM AEDT| By Kiara Khanna

Since there is coronavirus on earth, would you like to move to Mars? That might have sounded impossible few years ago, but it seems possible now as Elon Musk is all set to terraform Mars and extend life to Mars. Musk said in his latest reply to Mat.....

What is FTX and how does it work?

October 21, 2021 03:53 PM AEDT| By Jasmine Anand

Dealing in leveraged tokens and derivatives, FTX is a renowned crypto exchange, which was launched by Sam Bankman-Fried in 2018. This cryptocurrency exchange offers innovative financial products, with distinct features. Its simplified desktop and .....

Why Facebook’s Name Change Goes Against Conventional Marketing Wisdom

October 21, 2021 12:18 PM AEDT| By Daniel Paul Johns

In 2009, The Social Network – a film which chronicled the relationship of two Harvard friends who would go on to create perhaps the most revolutionary website in history – there’s a scene where the two friends awkwardly sit in an .....

What’s in store for Facebook in 2022 after a year of hurdles?

October 21, 2021 09:55 AM AEDT| By Sanjeeb Baruah

The first nine months of 2021 have been difficult for Facebook, marred by relentless hurdles that seemed almost unassailable. And as the year draws to an end, it is perhaps a time of reflection and learning for Facebook and preparing for a new year.....

US indices close flat as healthcare, utility stocks gain

October 20, 2021 03:25 PM PDT| By Sanjeeb Baruah

S&P 500 and Dow Jones closed higher on Wednesday, October 20, pulled up by gains in healthcare stocks, while Nasdaq stayed near flat as investors turned their focus away from technology shares. The S&P 500 was up 0.37% to 4,536.19. The Dow J...

What's in a name? Facebook may no longer be Facebook

October 20, 2021 04:16 PM AEDT| By Ipsita Sarkar

Facebook Inc (NYSE:FB) may soon be known by a different name. The rumors surfaced following a leading tech blog article suggesting that the social media giant may soon rebrand itself to focus on expanding metaverse. In response, Facebook said it doe...