World news

Andrews redefined by crises-plagued term
October 18, 2022 11:22 AM AEDT| By AAPNEWSVictorian Premier Daniel Andrews has Labor in the box seat to win a third consecutive state election come November 26 despite a string of crises.

New Guy but Vic coalition face same woes
October 18, 2022 11:21 AM AEDT| By AAPNEWSIn his second tilt to become alternative premier, Matthew Guy is selling a more compelling election narrative but has been hamstrung by scandal and division.

Pub owners sound alarm on live music death
October 04, 2022 03:04 PM AEDT| By AAPNEWSCities will lose their culture if governments and councils don't support live music venues, prominent pub owners say.

Microsoft’s (MSFT) US$69-Bn Activision (ATVI) deal in a regulatory fix
July 08, 2022 03:57 AM AEST| By Mridul GogoiMicrosoft's purchase of Activation Blizzard under investigation

Global chip stocks plunge after Micron’s (MU) poor forecast, waning demand
July 02, 2022 04:38 AM AEST| By Mridul GogoiMicron Technology announces a worse than expected forecast for this quarter. It sends global chips stocks plunging on Friday.

South Korea's LGES reconsiders US$1.3 bn Arizona plant investment
June 30, 2022 01:11 AM AEST| By Mridul GogoiLGES, a S. Korean company backtracks its investment plan for plant in Arizona.

Siemens to acquire US software firm Brightly for US$1.58 billion
June 28, 2022 05:35 AM AEST| By Mridul GogoiSiemens to buy US tech company Brightly Software to expand its SAAS initiative.

Taiwan’s GlobalWafers to build US$5-billion silicon factory in Texas
June 28, 2022 02:36 AM AEST| By Mridul GogoiTaiwan-based company GlobalWafers to set up new factory in US.

Global food transportation linked to high greenhouse gas emissions
June 27, 2022 06:23 AM AEST| By Mridul GogoiGreenhouse gas emissions while transporting fruits and vegetables are higher than in raising livestock for meat.

Senate passes gun bill; to provide US$15 bn funding to states
June 25, 2022 04:23 AM AEST| By Mridul GogoiUS Senate passes new gun legislation to curb rising mass shootings in the US

Australia provides monetary support to crisis-hit Sri Lanka
June 22, 2022 04:09 AM AEST| By Aditi SarkarSri Lanka's economic crisis is turning worse day by day with a shortage of food, health, fuel and power supply. Recently, Australia has pledged to provide AU$50 million in Official Development Assistance to Sri Lanka to meet its urgent food and healt...

Three issues need to be fixed for Twitter deal to go ahead: Musk
June 22, 2022 03:34 AM AEST| By Mridul GogoiElon Musk said three vital issues need to be settled first for the Twitter takeover to happen.

US to observe inaugural Juneteenth federal holiday on Monday
June 20, 2022 04:04 AM AEST| By Mridul GogoiHighlights: US will commemorate Juneteenth as a Federal holiday for the first time on June 20, Monday. Juneteenth is observed to celebrate the emancipation of the enslaved African Americans. The Juneteenth act was passed by President Joe Biden a...

US mid-term polls in a year marred by inflation, fear of recession
June 18, 2022 01:57 AM AEST| By Mridul GogoiHighlights: US mid-term elections on November 8, 2022, will be a litmus test for President Biden. A Republican dominance will trouble the Biden administration in dealing with the current economic woes. The Ruling party generally fares badly in.....

Musk warns rescinding Twitter deal over fake accounts in fresh salvo
June 07, 2022 04:18 AM AEST| By Mridul GogoiHighlight:s Elon Musk criticizes Twitter (TWTR) for blocking his RTI on fake accounts. Last week, Musk created a furor by announcing 10% job cuts in Tesla. Musk’s US$44 billion Twitter deal is cleared by US Justice Department. After.....

World Environment Day: Green investments that can earn you some green
June 06, 2022 04:36 AM AEST| By Mridul GogoiHighlights: The focus should be on less use of fossil fuels to generate electricity to run our industries and homes. Eco-friendly investments we should thrive on to earn and contribute to the environment. Green investing considers reducing pol.....

Travel insurance: Things you should know before buying one
June 06, 2022 04:04 AM AEST| By Mridul GogoiHighlights: Travel insurance should not be mistaken for normal health insurance by travelers. Getting a refund is not easy despite having travel insurance. Always read carefully about the coverage details and do not assume. One element in.....

Biden wishes Musk ‘luck’ on trip to the moon after his job cut plans
June 04, 2022 09:26 AM AEST| By Mridul GogoiTesla Inc (Nasdaq: TSLA) chief Elon Musk said that he wants to cut 10% of company employees, noting that he has a “super bad feeling” about the economy that forced him to take the decision. To a Reuters query about his comments, US Pre.....

Facebook parent drops FB symbol, to trade under META ticker from June 9
June 02, 2022 06:00 AM AEST| By Mridul GogoiHighlights: Meta Platforms Inc. will adopt a new ticker symbol META before the market opens on June 9, 2022. Formerly known as Facebook, it changed its name to Meta Platforms Inc. in 2021. Meta shares shrunk by more than one-third in value, un.....

RedBird to buy Italian soccer club AC Milan in US$1.3 bn deal
June 02, 2022 03:32 AM AEST| By Mridul GogoiHighlights: US investment firm RedBird Capital Partners to own Italian soccer champions AC Milan in a US$1.3 billion deal. RedBird Capital Partners is likely to close the deal in September this year. Current owner, Elliott Management will als.....