Economy


 Government Reportedly Mulling Over Delaying Exit from Lockdown in England

Government Reportedly Mulling Over Delaying Exit from Lockdown in England

June 07, 2021 07:11 PM AEST| By Kamalika Ghosh

Summary Wearing of masks and social distancing restrictions are likely to remain in place until 5. The number of people with Covid-19 cases has risen by 75 per cent in England for the week ending 4 June. The Delta variant was said to be 40 per.....

 How Biden Plans To Cut 50% Emissions By 2030

How Biden Plans To Cut 50% Emissions By 2030

June 06, 2021 05:38 PM AEST| By Team Kalkine Media

The Joe Biden administration has set a target of a 50% reduction in greenhouse gas emissions in the US by 2030 as part of an ambitious plan to tackle the climate crisis head-on. The plan was announced during the Leaders' Summit on Climate, hosted .....

 Is e-commerce spelling doom for Australia’s brick-and-mortar stores?

Is e-commerce spelling doom for Australia’s brick-and-mortar stores?

June 06, 2021 12:33 AM AEST| By Furquan Moharkan

When e-commerce started picking up, many took it as a complimentary add-on to enhance customer service to existing physical retail stores. Gradually the e-commerce giants mushroomed in number, increasing their market share. But they were never a thre...

 Has the Australian economy turned the corner on COVID-19?

Has the Australian economy turned the corner on COVID-19?

June 06, 2021 12:13 AM AEST| By Damini

Summary The Australian economy is now officially above its pre-pandemic state. The slow vaccination rollout can put Australia’s post-COVID-19 economic revival at risk. The central bank expects strong economic growth in Australia for the .....

 Widened sewage testing can be pivotal in reducing Covid outbreaks

Widened sewage testing can be pivotal in reducing Covid outbreaks

June 06, 2021 12:01 AM AEST| By Abhijeet

Summary The United Kingdom has been quite effective in helping the healthcare administration to arrest the increasing rate of hospital admissions. The NHS Test and Trace has been exemplary in ramping up the testing services in various locations.....

 US Adds 559,000 Jobs In May But Labor Recovery Far From Over

US Adds 559,000 Jobs In May But Labor Recovery Far From Over

June 05, 2021 12:46 PM AEST| By Team Kalkine Media

Summary Number of new jobs grew up by 559,000 in May, double that of April. Still, it may take more than a year for full recovery of the job market. The US had over 9.3 million unemployed people in May. US employers added 559,000 jobs in .....

 A peek at Australia’s housing market

A peek at Australia’s housing market

June 05, 2021 12:52 AM AEST| By Team Kalkine Media

Summary The national housing value climbed 2.2 percent in May. The total housing loans increased by a 0.5 per cent in April for an annual pace of 4.4 per cent In the last quarter, this is for the second time that growth conditions in capital c.....

 How Green Exports Can Boost the UK Economy

How Green Exports Can Boost the UK Economy

June 05, 2021 12:14 AM AEST| By Suhita Poddar

The UK’s decarbonization and sustainability push has increasingly gathered momentum as the country aims to meet its ambitious net zero emissions target by 2050. According to a recent report by the UK’s business lobby group, Confederatio.....

 Will Government’s New Building Law Create More Affordable Housing in New Zealand?

Will Government’s New Building Law Create More Affordable Housing in New Zealand?

June 04, 2021 03:33 PM AEST| By Manika

Summary The New Zealand government introduces first set of reforms in the Building Act. Changes passed in the Parliament. Aims to boost housing supply for first home buyers. With a view to give a boost to building activity and housing sup.....

 How UK’s Services Sector Made Its Strongest Recovery in May Since 1997

How UK’s Services Sector Made Its Strongest Recovery in May Since 1997

June 03, 2021 11:29 PM AEST| By Kamalika Ghosh

Summary UK’s service sector made its strongest recovery last month since May 1997. The services sector grew 62.9 in May compared to 61.0 in April, as per IHS Market’s monthly Purchasing Managers Index. Unexpected client demand cont.....

 Can Animal Species Facing Threat Related to Climate Change Be Saved?

Can Animal Species Facing Threat Related to Climate Change Be Saved?

June 03, 2021 10:34 PM AEST| By Suhita Poddar

Climate change has become a main challenge for the world, and worryingly global heating has begun to threaten animal life across the world. According to the International Union for Conservation of Nature (IUCN), over 37,400 species globally are fa.....

 The World Is Shifting to Cleaner Energy Forms, but What About Sustainability?

The World Is Shifting to Cleaner Energy Forms, but What About Sustainability?

June 03, 2021 09:22 PM AEST| By Kamalika Ghosh

Summary Governments across the globe have come up with policies that encourage companies to change to alternative energy modes. Though there is more awareness now, it is also essential to look into the sustainability of these energy models. In.....

 UK Reaches Landmark Deal with The EU on Fishing Rights

UK Reaches Landmark Deal with The EU on Fishing Rights

June 03, 2021 08:52 PM AEST| By Abhijeet

Summary The agreement guarantees fishing rights of the British and EU fleet in EU and UK waters until the end of 2021. Fish worth around 650 million euros are caught every year by the European Union’s fishing fleets in the UK waters. The.....

 April retail sales rise as shoppers brush aside pandemic woes; consumer stocks up

April retail sales rise as shoppers brush aside pandemic woes; consumer stocks up

June 03, 2021 01:14 PM AEST| By Ashish

Summary Australia’s retail sales rose in April on expected lines as cafés, restaurants and takeaway food services reported encouraging data. While the retail trade rose1% month-on-month, the sales surged 25% compared with the corre.....

 New Zealand Government’s Accounts In Better Shape, But Yet To Attain Pre-Pandemic Level

New Zealand Government’s Accounts In Better Shape, But Yet To Attain Pre-Pandemic Level

June 03, 2021 12:37 PM AEST| By Sonal

The Treasury released the interim Financial Statements of the Government of New Zealand for the 10 months ended 30 April 2021 on Thursday. The core Crown tax revenue result shows the strength of present economic conditions, which outperform the Budg...

 Australia’s March quarter GDP rises 1.8%, beats estimates

Australia’s March quarter GDP rises 1.8%, beats estimates

June 02, 2021 12:32 PM AEST| By Ashish

The Australian economic activity recovered to be above pre-coronavirus levels and grew by 1.8% in the March quarter. With this, the annual growth stood at 1.1%, according to the data releases by the Australian Bureau of Statistics (ABS). The GDP n.....

 New Zealand’s Exports Drop, Oil and Logs Resist Trade Price Decline

New Zealand’s Exports Drop, Oil and Logs Resist Trade Price Decline

June 02, 2021 12:26 PM AEST| By Sonal

New Zealand’s total exports of goods and services declined 16.5% to $72.6 billion in the year ended March 2021, as per the data released by Stats NZ on Wednesday. The data reflects the effects of the coronavirus-affected year. International tr...

 US Oil Prices Soar As Summer Kicks In

US Oil Prices Soar As Summer Kicks In

June 02, 2021 04:13 AM AEST| By Team Kalkine Media

Summary Oil prices are expected to rise further in the US as demand is set to increase with the onset of summer when Americans typically embark on vacations to beat the heat. On Tuesday, the Organization of Petroleum Exporting Countries (OPEC).....

 What Are Some Best Approaches to Improve Well-Being by Companies?

What Are Some Best Approaches to Improve Well-Being by Companies?

June 02, 2021 01:31 AM AEST| By Suhita Poddar

Summary Sometimes back, a global survey conducted by insurance company Aetna International reported that 63 per cent of 4,000 workers surveyed wanted their companies to spend more on health and well-being initiatives. E-commerce giant Amazon an.....

 How Women Healthcare Workers and Scientists Took Up the Covid-19 Challenge

How Women Healthcare Workers and Scientists Took Up the Covid-19 Challenge

June 02, 2021 01:27 AM AEST| By Abhijeet

Summary The mightiest of countries last year were brought to their knees by the Coronavirus. The UK is planning to make vaccine mandatory for all its healthcare workers. Women have played an exemplary role in leading UK’s healthcare syst.....

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