AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Economy
Lockdowns weighed heavily on business confidence, says NAB
October 21, 2021 09:19 PM AEDT| By Akanksha VashishtIn a series of latest developments reflecting the impact of lockdowns in Australia, business confidence has reportedly declined during the third quarter of 2021. National Australia Bank (NAB) has recently released its quarterly business survey for .....
How are rate hike expectations shaping up in Australia?
October 21, 2021 06:23 PM AEDT| By Akanksha VashishtWith major developed nations moving towards monetary policy tightening, speculations are rife that Australia will also eventually walk on the same path. After maintaining near-zero interest rates for nearly two years, Australia’s economy has .....
What to expect as RBA Shuts Down Wage Growth?
October 20, 2021 10:35 PM AEDT| By Daniel Paul JohnsHighlights Reserve Bank of Australia (RBA) has said its unlikely Australian wages will rise in the short-term, despite reports of industry labour shortage The Reserve does not expect the inflation target to be met any time before 2024 due to th.....
Which taxes could replace UK’s fuel duty amid climate push?
October 20, 2021 06:28 PM AEDT| By Suhita PoddarThe UK finance ministry has stated that the government may have to introduce some new taxes to replace the loss of revenues from fuel duty and other motoring taxes. The UK plans to phase out fossil fuels as the country has pledged to reduce carbon.....
.jpg)
Covid cases surge again: Will there be another lockdown?
October 19, 2021 10:30 PM AEDT| By Priya BhandariHighlights On Monday, new Covid cases reported in the UK were 49,156, highest reported since 17 July this year. The UK government is relying on the success of vaccination programme to avoid imposing fresh restrictions again this winter. &n.....
No changes in RBA’s policies, suggest October meeting minutes
October 19, 2021 06:02 PM AEDT| By Akanksha VashishtHighlights RBA’s meeting minutes started with a focus on the differing speeds of recovery seen across the globe. Australia’s economic developments have reflected the ongoing global occurrences, from the build up of inflationary pres.....
What has caused a dry spell in Australian wine exports?
October 19, 2021 05:28 PM AEDT| By ManishaWhat has caused a dry spell in Australian wine exports? Image source: © Fintastique | Megapixl.comImage description: Wine exports, Australia Highlights Latest figures have highlighted a dreary phase for the Australian wine se...
Inside Apple Unleashed: Which new products were showcased?
October 19, 2021 12:11 PM AEDT| By AshishAfter focusing on iPhones and Apple Watches a month ago, Apple has now unveiled a whole bunch of new devices, including iPhones, iPads, and the latest Apple Watch. On 18 October 2021, the Cupertino-based tech giant announced new products namely Mac.....
Top US retailers get ready to capitalize on holiday sales, boost stocks
October 19, 2021 03:29 AM AEDT| By Ipsita SarkarHighlights Amazon.com, Inc. (NASDAQ: AMZN) had recently announced plans to hire 150,000 seasonal jobs across the US. Target Corporation (NYSE: TGT) has expanded its partnership with LEGO for a limited-edition collection under US$30.0, ahead.....
Will this Christmas bring back the season of joy for Australia?
October 17, 2021 12:50 AM AEDT| By Rini ZachariahHighlights Vaccinations are picking up pace in Australia. Businesses are gearing for the economies opening up and the demand surging during the festive season. Expectations for the September quarter are gloomy, but experts opine recovery to pi.....
How US employee emergency savings accounts bolstering financial security
October 17, 2021 12:39 AM AEDT| By Sanjeeb BaruahHighlights More US companies have launched employee emergency savings accounts to attract and retain staff members. Taking a cue from the covid crisis, the initiative is expected to provide Americans with an extra layer of financial security i.....
How supply chain crisis is affecting the economic recovery
October 17, 2021 12:14 AM AEDT| By RitwikaHighlights The economic outlook of Britain is darkening amid a full-blown fuel crisis, labour shortage, as well as clogged ports. A Christmas catastrophe is being anticipated with empty supermarket shelves amid a full-blown fuel crisis, labour .....
How covid tests and norms failed airline and travel industry
October 14, 2021 08:29 PM AEDT| By Rishika RainaThe continuation of travel restrictions and Covid-19 testing requirements in the UK attracted a lot of criticism from airline and travel bosses. Research shows that when other markets were on the path of recovery, there has been a sharp decline in .....
Will this Christmas bring back the season of joy for Australia?
October 14, 2021 08:23 PM AEDT| By Rini ZachariahHighlights COVID-19 vaccinations are picking up pace in Australia. Businesses are gearing up for the opening of the economy and the demand is surging during the festive season. Expectations for the September quarter are gloomy, but experts opi.....
Why UK job vacancies reached record highs despite cooling unemployment?
October 14, 2021 05:46 PM AEDT| By Suhita PoddarThe Office for the National Statistics (ONS) reported UK job vacancies touched a record high of nearly 1.2 million in September. The rise came as several sectors are facing staff shortages and are searching for workers to meet the shortfall. The s.....
RBA’s Debelle says climate change threatens Australia’s carbon-intensive industries
October 14, 2021 02:20 PM AEDT| By AshishHighlights The transitioning of global economies away from fossil fuel has the potential to threaten businesses in Australia’s carbon-intensive industries, RBA’s deputy governor Guy Debelle said. Debelle said that the likely impacts.....
Fed signals bond-purchase taper by mid-Nov as inflation worries weigh
October 14, 2021 12:53 PM AEDT| By Sanjeeb BaruahThe Federal Reserve signalled on Wednesday it could start withdrawing its covid-era stimulus support by mid-November as a growing number of its policymakers felt the bank has reached its economic goals and worried that inflation might stay longer. .....
US inflation exceeds forecast; food, rent, cars get more expensive
October 14, 2021 05:51 AM AEDT| By Sanjeeb BaruahUS consumer prices jumped across the board in September from food, home rent, cars to electronics items, thanks to inflation which outpaced analysts’ expectations. The Labor Department’s latest Consumer Price Index (CPI) figures are li.....
US job openings fall to 10.4 mn, voluntary quits surge in August
October 13, 2021 04:57 AM AEDT| By Sanjeeb BaruahHighlights Job openings dropped by 659,000 to 10.4 million in August. Voluntary resignation from jobs rose by 242,000 to 4.3 million. August saw the biggest drop in hirings in eight months. A record number of Americans have quit their job.....
Can nuclear power help UK meet its energy demands?
October 12, 2021 10:49 PM AEDT| By Priya BhandariContinuous increase in gas prices, rising energy bills, global energy shortages and an ambitious goal to have net zero carbon by 2050 have fueled the debate whether the UK should opt for nuclear energy. The Boris Johnson is in a tizzy with the sky.....
Top Penny Picks under 20 Cents to Fit Your Pocket! Get Exclusive Report on Penny Stocks For FREE Now.