World news

DoorDash (NYSE:DASH) makes a smashing debut, shares soar ~86% on day...

On 09 December 2020, DoorDash made is NYSE debut on New York Stock Exchange, and by the end of the trading session, the shares surged by 85.89%, settl...

US Government Sues Facebook, Seeks its Breakup  

The Federal Trade Commission (FTC) has sued Facebook on antitrust grounds. The investigation into the matter was conducted in coordination with the At...

China’s Consumer Prices lowest in more than a decade

China’s consumer prices went down for the first time in a decade, after pork prices fell courtesy recovery from the last year’s African sw...

OPEC+ agrees to crank up oil production from January

In a significant move, OPEC and non-OPEC allies have agreed to raise their oil production starting January, after a meeting on 3 December 2020. The de...

Why is the Aussie film and TV industry soaring high?

Australia working on international projects for Hollywood and streaming services. Australia seems to be turning out as a favourite spot for the f...

The controversial life of coal mining magnate Ivan Glasenberg

Ivan Glasenberg at International Economic Forum in St. Petersburg, Russia, 2016 (Image source: Shutterstock) Ivan Glasenberg, the Swiss-based billion...

Pfizer-BioNTech’s COVID-19 vaccine starts working within ten days of...

According to new documents released by the US regulator, Pfizer-BioNTech's COVID-19 vaccine, BNT162b2 shows response within almost ten days of the fir...

Tesla to Raise USD 5 Billion, Riding High on Share Price Boom

American electric vehicle and clean energy company, Tesla Inc., has unveiled its plan to raise USD 5 billion. As per a regulatory filing on Tuesday, t...

Deutsche Bank, ANZ, Citi face trials in Australia’s biggest criminal...

  The three major banks, Australia and New Zealand (ANZ) Banking Group Ltd, Citigroup Inc, Deutsche Bank AG, and six of firms’ former staf...

In A First, Water Futures Start Trading On Wall Street

  Water has now entered the league of oil, gold, and other commodities futures on Wall Street, representing concerns that the life-sustaining na...

The Story of ‘Big Short’s’ Michael J. Burry

Image Source: Shutterstock People in large number remember how nerve-wracking the 2008 Global Financial Crisis was. Wall Street completely crashed, a...

The meteoric rise of Ray Dalio, World’s Largest Hedge Fund Manager

Hedge Fund managers are one of the most fancied names on the Wallstreet, and many stock market participants closely track each and every move these fu...

Tony Hsieh: the 'generous' genius from the US who died at just 46

Image Source: Shutterstock Tony Hsieh was a renowned American businessman, who made a considerable impact on Zappos after being hired as its CEO. He...

Who is Dr Timnit Gebru and why did Google fire her?

If asked to imagine an artificial intelligence and the technology sector employee, there is a high chance one would picture a white male scientist wea...

Who is Solomon Lew? How influential is he in Australia?

Image Source: Shutterstock Solomon Lew is a Melbourne-born billionaire, who has earnt his wealth through the retail industry. Born on 22 March 1945,...

Who was Alex Trebek? How did he mesmerise millions through Jeopardy?

Image Source: Shutterstock The US is widely recognised for its entertainment industry – from Hollywood to the real-life television – whic...

Chinese Factory Output Growth Outshines many Asian Countries

With coronavirus mostly under control in China, buyers are ready to spend again in a bid to lift activity further. As per the National Bureau of Stat...

Who was Leila Janah, the Robin Hood of entrepreneurship?

Image Source: Shutterstock Leila Janah was a successful social entrepreneur, adventurist, and founder of Samasource, Samaschool, and a skincare brand...

How did Chloe Morello make her way to social media stardom?

Image Source: Shutterstock The world of influencer marketing has reached its peak in recent years, but it has been the most generous to those with ye...

Pfizer’s shares plunge after reports of cutting COVID-19 vaccine sup...

Pfizer shares closed the day below 0.22% on Thursday after the news of supply chain challenges. According to several media reports, supply chain chall...