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Economy
Liberals winning without majority again! What would a minority govt mean?
September 22, 2021 01:15 AM AEST| By Shreya BiswasHighlights Unofficial results of the 2021 snap elections show that Canadians are sending Justin Trudeau back to the prime minister’s office for another term. The Liberal Party, however, is projected to be heading for a minority government.....
Will Canada’s election results bring a paradigm shift to ZEVs?
September 21, 2021 10:55 PM AEST| By Shreya BiswasAs the results of the Canadian election are set to unfold, Canada’s main stock market index, the S&P/TSX Composite Index, saw a single-day decline of 1.64 per cent. This market reaction could be owed to anxiety and uncertainty around who .....
Trudeau likely to return as PM, but actual snap election result may defy predictions
September 21, 2021 03:22 PM AEST| By Ankit SethiHighlights Multiple agencies are predicting a Liberal win in Canada snap election 2021 snap election results will be out soon and the actual tally may be in contrast with projections In actual counting so far, Conservatives are fast catching u.....
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Canada snap election 2021: How debt & inflation can impact TSX Index
September 20, 2021 07:26 PM AEST| By Ankit SethiThe Canada snap election is just around the corner. The two major political parties are looking to win majority seats in the House. Bloc Quebecois, New Democratic and others hope to increase their hold. Before Canadians step out to cast their vote.....
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How Covid rent debt crisis will get worse with Universal Credit cut
September 17, 2021 11:15 PM AEST| By Rishika RainaHighlights StepChange debt charity has warned that Universal Credit cut will worsen the £360m Covid rent debt crisis. The research suggested one in every ten renters anticipated eviction from their homes due to their debts within the next.....
US retail sales rise in August, lifted by back-to-school shopping rush
September 17, 2021 12:05 PM AEST| By Team Kalkine MediaUS retail sales unexpectedly rose in August amid lingering Delta virus concerns, buoyed by back-to-school shopping splurge and government payments to millions of households with children. Retail purchases climbed 0.7% to US$618.7 billion last mont.....
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Top carbon emitters fall short of goals. Where does UK stand?
September 16, 2021 09:19 PM AEST| By Priya BhandariTop corporate carbon emitters failed to disclose the effect of climate risk in their financial statement 2020, reducing the chances of meeting global emission targets, according to a study conducted by the Carbon Tracker and the Climate Accounting .....
COVID-19 lockdowns deal a blow to Australian employment in August
September 16, 2021 02:20 PM AEST| By Furquan MoharkanHighlights Australia’s job scenario has taken a hit amid COVID-19 spike as 146,300 have gone out of employment net. The labour participation rate has also dipped. The number of hours worked also witnessed a decline. The number of em.....
NZ GDP beats all forecasts, grows 2.8% in June quarter
September 16, 2021 01:56 PM AEST| By ManikaHighlights GDP grows by 2.8% in the June quarter. The numbers are driven by service, retail and accommodation industries. Shows that the New Zealand economy was doing very well before the Delta variant-related lockdowns. The economy grew .....
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What is National Insurance tax? How can you slash tax bill?
September 15, 2021 09:23 PM AEST| By Priya BhandariBritish Prime Minister Boris Johnson has announced hike in National Insurance tax by 1.2% from next financial year to pay for health and social care reforms. The rise in tax rate is designed to raise £36 billion (US $49.86 billion) over the n.....
How do consumers make purchasing decisions?
September 14, 2021 08:18 PM AEST| By Akanksha VashishtHighlights The modern consumer is well-informed and well-equipped with technological tools that help form decisions. As online consumer activity has picked up the pace, individuals have left behind a large trail of data for marketing firm.....
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Why people want an overhaul of childcare costs in UK
September 14, 2021 04:29 PM AEST| By Rishika RainaHighlights The UK has the highest childcare costs across the globe after Slovakia and Switzerland. UK Parents are finding the costs unaffordable and are demanding for an overhaul of childcare costs. According to latest OECD data, the UK ha.....
What to expect from bond and equity markets after RBNZ hikes interest rate
September 13, 2021 02:00 PM AEST| By ManikaHighlights Analysts signal a 25-basis point rate hike in the October monetary policy. This will have an impact on cooling of inflation. Equities and bond prices will feel the headwinds due to interest rate hike. The OCR hike which was put.....
Australia's skewed gender ratio in leadership roles needs attention
September 13, 2021 10:34 AM AEST| By Anam SiddiquiHighlights Only one woman was chosen out of 23 CEO appointments to lead an ASX 300 company last year, while no woman boss was appointed in the ASX 200 list. The gender pay gap increased 0.8 percentage point over the past six months due to.....
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Facing home loan hurdles? Here’s how to get the best deal
September 12, 2021 12:55 AM AEST| By Sanjeeb BaruahHighlights Six types of home loans are available in the US - three government-backed and three private schemes. The states run the Home Buying Assistance program to guide first-time home buyers. A good credit score, stable income, and employme.....
US airlines stare at a 24-28% revenue drop as Delta variant rages
September 11, 2021 05:37 AM AEST| By Sanjeeb BaruahHighlights Many leading American airlines expect a slowdown in bookings due to rising threats from the Delta variant. Airlines expect a 24-28 percent revenue decline in the third quarter of 2021 compared to the same period in 2019. However, ai.....
Automattic buys Social Image Generator plugin; what it means for WordPress users
September 10, 2021 12:07 PM AEST| By AshishHighlights WordPress parent Automattic has acquired Social Image Generator plugin. Social Image Generator creates social share images for WordPress content from a range of fully customisable templates for customers' social media Earlier i.....
How Australia is playing a crucial role in revving up global green transition
September 10, 2021 10:00 AM AEST| By Arpit VermaHighlights Australia's clean energy contribution has increased from 17% in 2016 to 27% in 2020. More than 25% of the country’s total electricity generation came from renewables in 2020. Australia has increased its renewable energy capaci.....
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Did UK ‘manipulate’ climate pledge for Australian trade deal?
September 09, 2021 11:20 PM AEST| By Rishika RainaIn a shocking development, as per an email, which was leaked to Sky News from an anonymous government official, the UK ministers in the Boris Johnson cabinet have mentioned of dropping climate pledges to secure the trade deal with Australia. With a.....
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COVID-19 upturn stalls reopening of Australia’s travel bubble with New Zealand
September 09, 2021 05:13 PM AEST| By Team Kalkine MediaThe reopening of Australia NZ travel bubble has received another setback after New Zealand’s Minister for COVID-19 Response Chris Hipkins brushed off the possibility of resuming quarantine-free travel bubble with Australia in the near future......
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