AUS
NZ
UK
CA
USA
IND
Economy
Why APRA introduced home loan curbs, raised interest rate benchmark
October 05, 2021 03:52 PM PDT| By AshishIn a much-anticipated move, the Australian Prudential Regulation Authority on Wednesday raised the minimum interest rate buffer it expects banks to use while evaluating the serviceability of home loan applications to check surging risks in home len.....
.jpg)
UK services sector hit by inflationary pressures as new orders decline
October 05, 2021 05:51 AM PDT| By AbhijeetThe services sector of the United Kingdom continued to face the ongoing business challenges as the enterprises passed on the sharp increases in the cost of fuel, energy bills and maintenance of adequate staff to the consumers, as per the survey con.....
How COVID-19 is fast driving Australia towards a cashless society
October 04, 2021 09:34 PM PDT| By AshishHighlights Australia is expected to become completely cashless in the coming 10 years as the coronavirus pandemic is accelerating the phasing out of physical currency. Of the 25 experts surveyed, more than half (56%) said that the country was a.....
Middle-aged Canadians warming up to ecommerce & online brokers
October 04, 2021 05:53 AM PDT| By Ankit SethiSource: Pixabay.com People are using e-commerce more. A simple reason for this can be the outbreak of the pandemic and the resulting restrictions on movement. Let’s understand how middle-aged people are using e-commerce and how this can al...
PM warns supply shortages to Christmas. Stocks to avoid for short term
October 04, 2021 05:24 AM PDT| By Rishika RainaFollowing Brexit, the British economy has been in a period of transition according to the UK Prime Minister Boris Johnson. Due to the pandemic and other Brexit related issues, Johnson warned Britons that they can expect supply shortage and empty sh.....
Pandora papers leak: UK government urged to tighten laws
October 04, 2021 02:03 AM PDT| By Nidhi GuptaThe UK government is being called on to tighten the country’s checks against “dirty money” post leak of data from 14 offshore financial services companies. The data leak exposed details about the secret financial dealings of some .....
Is it too early to panic for Christmas?
October 02, 2021 07:49 AM PDT| By Priya BhandariHighlights Retailers fear panic buying during the festival season if supply chain crisis not addressed immediately. Soaring prices of European natural gas and a post-Brexit shortage of truck drivers have left UK struggling with rising energy pr.....
How will UK’s net-zero transition impact energy costs?
October 01, 2021 07:29 AM PDT| By Suhita PoddarHighlights A recently published report has stated that the UK will continue facing high energy costs even after the current energy crisis comes to an end. Households are expected to face an additional upgradation cost of about £1,500 in t.....
UK Manufacturing PMI indicates slowest growth since February 2020
October 01, 2021 07:00 AM PDT| By AbhijeetHighlights UK manufacturing sector witnessed the slowest growth rate since February of 2021 Growth slowed due to dismal pace in consumer and intermediary products Manufacturers are also struggling to recruit appropriately skilled workfor.....
What happens when an energy supplier goes bust
October 01, 2021 03:14 AM PDT| By Rishika RainaHighlights A total number of 9 energy companies have ceased to trade in September itself. The 3 new energy suppliers going bust include Enstroga, Symbio Energy, and Igloo Energy. The energy supplier failures had impacted over 1.5 million peo.....
Housing price rise: What to expect as Treasurer, regulators mull loan crackdown
September 30, 2021 09:29 PM PDT| By AshishHighlights The recent boom in housing prices has emerged as a major concern for the Australian Treasurer. The surge in home prices was fuelled by an increase in debt as record-low interest rates made larger loans more affordable. The treasurer.....
Consumption, spending, employment to drive Q4 GDP growth
September 30, 2021 07:53 AM PDT| By AbhijeetHIGHLIGHTS UK GDP rose by 5.5% in Q2 2021, as per final reading The GDP stands 3.3% lower as against the pre-Covid period Spending, business orders & consumption are likely to guide Q4 GDP growth The gross domestic product (GDP).....
.jpg)
Which companies are setting early targets to cut carbon footprint?
September 30, 2021 07:19 AM PDT| By Rishika RainaLeading UK-based global retailer Marks & Spencer (LON: MKS) has pledged to cut back its carbon footprint by a third by 2025 from a 5.7 million tonnes 2017 baseline, and eventually become fully net zero by 2040, which will be 10 years ahead of t.....
UK government floats new guidelines for online & crypto gambling
September 29, 2021 06:18 AM PDT| By Rishika RainaOnline and crypto gambling are relatively new phenomena but have gained popularity at an unprecedented rate in recent years. While more and more people are taking it up, simultaneously a number of concerns are forcing the countries across the world.....
‘Get vaxxed for snacks’: Uber Eats offers discount for COVID-19-vaccinated Aussies in NSW
September 28, 2021 06:18 PM PDT| By AshishAussies residing in New South Wales (NSW) Local Government Area (LGA) coronavirus hotspots have a chance to avail AU$20 off on the food ordered from food delivery platform, Uber Eats. Uber Eats has launched a campaign to ‘get vaxxed for snac.....
Woollahra’s historic mansion with no harbour view sold for record price
September 27, 2021 07:43 PM PDT| By AshishHighlights Woollahra’s historic mansion Rosemont has become the costliest house the highest price in Sydney in 2021. The house with no harbour view, has reportedly been purchased by an undisclosed buyer for AU$45 million. The 10-bedroom .....
.jpg)
Canada top news: Immunized vs unvaccinated, oil crisis & CIBC expansion
September 27, 2021 07:37 AM PDT| By Shreya BiswasHighlights A new survey done for the Association of Canadian Studies found that over three in every four residents think negatively of the unvaccinated. With supplies as they currently stand natural gas is expected to continue to surge as winte.....
What would happen after the Furlough Scheme ends in UK?
September 27, 2021 03:03 AM PDT| By Rishika RainaAt a cost of £70 billion, the furlough scheme of the Boris Johnson Government has been hailed as a great success as it supported 11.6 million workers in the time of an economic crises. Ending this week, the scheme has been in place for 18 mon.....
Why UK government should introduce stringent law to counter frauds
September 27, 2021 02:00 AM PDT| By Priya BhandariAs scams and fraudulent activities, dangerous products and fake reviews appearing on the online platforms are increasing in the UK, there is a buzz that the Boris Johnson government and regulator should bring some stringent laws or take steps to ma.....
Health Of the Australian Economy As Christmas Approaches
September 25, 2021 07:27 AM PDT| By Rini ZachariahThe tiny Covid- 19 virus has wreaked havoc on the health of humans and economies across the globe. Australia too is no exception. So let us see what is happening to the health of the Australian economy after the recent surge in cases. Status of th.....
