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Global minimum tax rate: Key things to know about the landmark deal
October 10, 2021 02:30 PM AEDT| By AshishAfter years of disagreement and rounds of discussions, the world leaders finally reached a landmark deal on a global corporate minimum tax rate. According to the deal, which is said to be a gamechanger for global economies, the group of developed n.....
The Great Resignation: How employers can entice quality employees
October 10, 2021 12:17 AM AEDT| By Team Kalkine MediaThe last several months have seen a lot of resignations in several industries, in the US and worldwide. Anthony Klotz, a Psychologist and Professor at Texas A&M introduced the term “Great Resignation”. It is an understatement .....
US markets close week flat on weak jobs data, inflation
October 08, 2021 02:02 PM PDT| By Sanjeeb BaruahBenchmark US stock indices closed the week flat on Friday, October 8, after weak employment data and inflation concerns lowered investors’ confidence. The S&P 500 was down 0.19% to 4,391.34. The Dow Jones fell 0.03% to 34,746.25. The NASDA...
Real-world data is overcoming shortcomings of clinical trials, here’s how?
October 09, 2021 01:57 AM AEDT| By Tripti JoshiHighlights In healthcare, real-word data (RWD) is the data relating to a patient’s health status and delivery of health care. Biotech and pharmaceutical companies are using RWD and real-world evidence (RWE) for supporting clinical trial d.....
COVID-19 in Australia: How the pandemic has worsened in last two months
October 09, 2021 01:28 AM AEDT| By Furquan MoharkanThere seems to be no letup in the third wave of the COVID-19 pandemic in Australia, as the virus has been travelling from one city to another. After loosening its grip on New South Wales, it has now engulfed Victoria. But how brutal has the wave b.....
When will a COVID-19 vaccine be available for adolescent under 12 year
October 09, 2021 01:25 AM AEDT| By Tripti JoshiHighlights There are several vaccine developers that have launched COVID-19 vaccine for adults and now conducting trials to test the vaccine in kids. COVID-19 vaccine for children aged 12 year and older have received emergency use approval from.....
How achieving net zero carbon emission target is a big challenge for Australia?
October 08, 2021 08:15 PM AEDT| By Priyanka PayalHighlights As per a report, Climate change-related catastrophes in Australia will cost the Country AU$73 billion a year by 2060, even if Australia starts making efforts to curb emissions today. Australia is already exposed to natural calamities.....
Transport workers would strike if employers do not negotiate within a week
October 08, 2021 07:51 PM AEDT| By Sonal GoyalHighlights Transport workers of major delivery operators demand negotiation with their employers within a week. Unmet demands of workers will result in industry-wide strikes. The demands include job security, outsourcing, better working condit.....
NSE’s F&O ban: All you need to know
October 08, 2021 06:09 PM AEDT| By Furquan MoharkanThe five stocks that have been put in the futures and options (F&O) ban for trade on Friday, October 8, 2021 by the National Stock Exchange (NSE) are: India’s public sector miner National Aluminium Company Limited (Nalco), public sector ban...
What caused Bitcoin’s price rise in last one week?
October 08, 2021 04:18 PM AEDT| By Jasmine AnandHighlights Bitcoin witnesses positive trends at the beginning of Q4 with massive price gains in the past week. Analysts predict the price momentum to continue till year end, though with slight caveats. Other cryptocurrencies like Ethereum, Bin.....
COVID-19: Rapid antigen tests gain traction in Australia
October 08, 2021 10:44 AM AEDT| By Furquan MoharkanHighlights The popularity of rapid antigen tests (RATs) is growing in Australia. Victoria will buy 2.2 million RAT kits. United States would fork out US$1 billion (AU$1.4 billion) to buy and subsidise 200 million rapid tests. The clamour .....
US stocks rally on Senate debt-ceiling extension deal
October 07, 2021 03:00 PM PDT| By Sanjeeb BaruahUS stock markets closed higher on Thursday, October 7, pulled up by gains in the technology sector as positive sentiments grew after the Senate secured a crucial debt-ceiling extension deal. The S&P 500 was up 0.83% to 4,399.76. The Dow Jones ro...
Selected EU nations suspend Moderna’s vaccine for young adults
October 07, 2021 08:19 PM AEDT| By Tripti JoshiHighlights Moderna’s COVID-19 vaccine suspended in some counties for younger adults due to some rare side effects. Sweden, Norway, and Denmark paused Moderna’s COVID-19 vaccine and urged younger adults to take Pfizer/BioNTech .....
Hong Kong shares lead the Asia Pacific rally
October 07, 2021 06:13 PM AEDT| By Furquan MoharkanThe rally in equities of Asia Pacific region on Thursday was led by shares in Hong Kong – a geographical sub-region that has seen its markets get battered this year despite a global rally. The Hong Kong benchmark, Hang Seng index, was up 2.1.....
Parcel delivery services face the threat of industry-wide strike
October 07, 2021 06:13 PM AEDT| By Sonal GoyalHighlights Union members of five major delivery partners said that thousands of workers will go on industry-wide strikes impacting parcel delivery across the country. Union has given one week time to the employers. Union has not announced the .....
China, Taiwan relationship at worst in last four decades: Taiwan
October 07, 2021 06:09 PM AEDT| By SamtaHighlights China-Taiwan geopolitical tensions have dominated the headlines in the recent days. The cold war like rhetoric can worsen racism against Asian Australians. China sees Taiwan as the part of its territory, but Taiwan sees itself as a.....
France to redefine relationship with Australia
October 07, 2021 04:09 PM AEDT| By SamtaHighlights France is sending its ambassador back to Canberra as it tries to redefine future relations with Australia. French Foreign Minister said that this step will end the programme for the future submarines. Paris had entirely reviewed it.....
How does Ripple payment work?
October 07, 2021 03:57 PM AEDT| By Jasmine AnandHighlights Ripple, which is both crypto and a payment method, is much sought-after by larger financial organisations for settling their cross-border payments. Its transaction fees are very small when compared to banks and other cryptos, thus ma.....
Qantas performs longest ever flight of over 17 hours
October 07, 2021 01:48 PM AEDT| By SamtaHighlights Qantas successfully performed their longest-ever commercial flight of over 17 hours. QF14 flew entirely in the daylight experiencing average headwinds of up to 35 kilometers per hour. This was Qantas’s longest ever non-stop fl.....
NSW set to reopen as it hits 70% vaccination milestone
October 07, 2021 01:19 PM AEDT| By Furquan MoharkanHighlights NSW has fully vaccinated 70% of its adult population. The state has commenced the unlock process with increased vaccination. NSW shools are set to re-open. Australia’s most populous state – New South Wales (NSW) &nd.....
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