World news

FDA greenlights Moderna’s COVID-19 vaccine

For a world striving to emerge out of COVID-19 gloom, the light at the end of the tunnel just got brighter. Adding to the hope for the future, another...

Tesla Share Price at Record high, EV Leader Enters S&P 500 with a ba...

Tesla is breaking all records with the stock contouring another record high of USD 695.00 a share yesterday. The EV giant is now all set to see its in...

US banks can now buy back shares post green signal from Fed

Share repurchases or share buybacks are heavily preferred by US companies as a part of shareholder returns. Federal Reserve has given a green signal o...

COVID-19 blues hit Coca Cola, thousands to lose jobs

Coca Cola has sprung to limelight after announcing its plan to lay off 2,200 workers around the globe. The Company had to take this step as a part of...

Ahead of an IPO, Robinhood agrees to pay US$65 million to settle SEC...

Robinhood, a financial service company, will pay US$65 million (A$85 million) to settle the government lawsuit in regard to not disclosing full inform...

BarkBox set to go public via $1.6M SPAC merger

BarkBox, the start-up company that became famous for its monthly subscription service for dogs, has announced a significant US$1.6 billion merger with...

Ten Republican US states drag Google to court for its monopoly over...

Ten attorneys general in the US opened another antitrust lawsuit against the search engine giant Google on Thursday. The Republican-led group of atto...

17 new COVID-19 cases in Sydney’s Northern Beaches: Is alarm bell ri...

After two weeks of no coronavirus community transmission, suburbs of Northern Beaches have recorded 17 new overnight cases. Thousands of residents li...

Meet Katherine Tai, Biden’s pick for top trade diplomat

After the electoral college officially confirmed Joe Biden as the 46th American President, Mr Biden nominated Katherine Tai to be the next Trade Repre...

What are the most trustworthy COVID-19 websites?

The coronavirus pandemic, besides having unleashed the worst health crisis in a century, also went on to prove how powerful media and fake news could...

Coronavirus rescue package on cards in US, markets cheer

U.S. congressional leaders announced on Wednesday that they are working towards bringing a stimulus package of $900 billion. The COVID-19 aid bill wil...

US Fed Continues to Pump Money, Nasdaq Contours New ATH

The US stock market has once again ended at a record high on 16 December 2020, with S&P 500 and Nasdaq 100 both hitting their previous record high...

Giving away billions of fortunes in charity: The McKenzie Scott way

McKenzie Scott on Wednesday shot into limelight again after she announced to donate A$5.5 billion (US$4.2 billion) in charity in four months. Ms Scott...

Technology giants to provide sensitive information to Federal Trade...

The Federal Trade Commission (FTC) said that the major technology companies would need to provide detailed information on how they collect consumer's...

Are America’s wealthiest 1% calling dibs on COVID-19 vaccine?

After Pfizer’s pioneer COVID-19 vaccine received emergency approval for distribution in the US, many Americans are keenly waiting for an opportu...

Australia drags China to the WTO over barley tariffs

The Australian government announced that it would take China to the World Trade Organisation over massive tariffs on Australian barley. The situation...

Wish to tap the US secondary market with US$1.1 billion IPO

After the successful launch of Airbnb and DoodDash’s billion-dollar IPOs, now its time for the Online retailer, Wish to hit the market. The comp...

What’s ailing international education industry in Australia

When the pandemic hit the world earlier this year, international students in Australia could have never imagined the struggle they would experience in...

Disney+ on cloud nine after engaging billion-plus subscribers

Since its launch in November 2019, Disney Plus has attracted a significant number of subscribers, becoming one of the most notable competitors to Netf...

Google services’ global outage: Here’s what exactly happened?

were forced to take a break or an entire day-off until the problem was rectified. Numerous Google and YouTube services, including Gmail and Googl...