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World news
Melania Trump, others pay rich tribute on Bitcoin’s 13th anniversary
January 05, 2022 09:32 AM AEDT| By Sanjeeb BaruahHighlights Bitcoin (BTC) was up 0.79% to US$46,287.06 on Tuesday evening, a day after its anniversary celebrations. Melania used the Twitter hashtag: "Happy Anniversary, #SatoshiNakamoto #MelaniaNFT" to celebrate the occasion on Monday. El S.....
Bill Gates’ TerraPower teams up with Japan to build N-reactor in US
January 05, 2022 08:18 AM AEDT| By Sanjeeb BaruahHighlights Bill Gates co-founded the startup to revolutionize nuclear reactor designs. The US government would bear half the cost of the plant set to open by 2028. TerraPower was soon expected to sign a formal agreement with the Japan Atomic.....
“50 Cognitive Biases” for the young: Elon Musk
January 04, 2022 07:56 PM AEDT| By Aditi SahaWhat is a mind? Scientists are still working to decipher the enigma of the human conscious and subconscious mind. Suppose you ask what the most intricate organ of the human body is. In that case, it is without a doubt the human brain, which can tran...
Theranos founder Elizabeth Holmes guilty of criminal fraud
January 04, 2022 07:27 PM AEDT| By Sukriti NairElizabeth Holmes, the 37-year-old founder of Theranos, is now a convicted fraudster. The famous youngest female billionaire of America, Holmes was found guilty in four of eleven fraud accusations by the federal court. As a result, her health startu.....
Evergrande shares suspended from trading in Hong Kong: What we need to know
January 04, 2022 06:10 PM AEDT| By Team Kalkine MediaChinese real estate giant Evergrande suspended the trading of its shares on the Hong Kong stock exchange on Monday (January 3). In a release to the Hong Kong stock exchange, the debt-laden company said the trading suspension was pending the release.....
Sydney home prices witness rise of AU$1000 each day in 2021
January 04, 2022 06:08 PM AEDT| By Priyanka PayalHighlights Property consultant CoreLogic reveals that Sydney home prices saw a rise of AU$1000 each day in 2021. The figures indicated that Canberra prices increased by around AU$700 daily. In the wake of the Coronavirus pandemic, the primary .....
Six economic factors to keep an eye on in 2022
January 04, 2022 05:35 PM AEDT| By Akanksha VashishtHighlights Experts are slightly less fearful of the potential impact of the pandemic on the economy, even as the new Omicron variant lurks in the background. Savings are expected to steer the economy in the coming year while inflationary .....
Five work-life resolutions to swear by for a Zen-like 2022
January 04, 2022 05:23 PM AEDT| By Supriya KumariLiving through the pandemic has felt a lot like going to a war – and, for better or worse, the world will never be the same again. The last two years have reeled in almost a decade’s worth of change, courtesy COVID-19. Almost like a ruth...
Major events to watch in 2022
January 04, 2022 05:21 PM AEDT| By Akanksha VashishtHighlights Some pathbreaking developments occurred in 2021, including the metaverse and booming cryptocurrency investments. Higher regulation can be expected in the crypto and BNPL payment segments, while energy prices could rise further. Auth.....
Will Metaverse change the travel industry in 2022?
January 04, 2022 02:59 PM AEDT| By Toshiva JainThe world is transforming at a fast pace. The work culture, social gatherings, business trips, everything has drastically changed; thanks to the COVID-19 pandemic. Humans are in the process of building a great civilisation and in this journey, the .....
Five books every investor should read in 2022!
January 04, 2022 02:41 PM AEDT| By Toshiva JainHighlights There is one thing common among the top investors of today: the habit of reading. People aspiring to make progress in the investment world in 2022 should know the books to pick to frame the right mindset to embark on a beautiful inve.....
Apple becomes first company to top US$3 trillion in market value
January 04, 2022 11:58 AM AEDT| By Sanjeeb BaruahHighlights Apple recently pledged to keep launching new products, from laptops to iPhones, as it steps into the new year while it explores new areas like automated cars and virtual reality. The Apple stock’s record intraday high of US$182.....
Tesla delivers close to 1 million vehicles in 2021, led by Model 3 & Y
January 04, 2022 10:37 AM AEDT| By Sanjeeb BaruahHighlights Tesla Inc (TSLA) delivered 936,172 vehicles last year, up from 499,550 vehicles delivered in 2020, or an 87% increase YoY. In the fourth quarter of 2021, it delivered 308,600 cars compared to 241,300 in the previous quarter, the comp.....
Apple’s new products in 2022 – from Mac Pros, iPhone 14 to VR headset
January 04, 2022 03:49 AM AEDT| By Sanjeeb BaruahApple Inc has lined up a series of exciting products, from Mac Pros, iPad Pros to VR/AR headsets, for 2022 launch after limited product launches and modest success last year. Apple’s 2022 line-up includes the powerful new Mac and iPad Pros, .....
Household savings led to a strong housing market: Corelogic
December 31, 2021 05:33 PM AEDT| By Priyanka PayalHighlights Home values in Melbourne have declined by 0.10%. According to CoreLogic, in just 12 months starting from November end of 2020, residential real estate's estimated value in Australia had pushed from AU$7.2 trillion to AU$9.4 tri.....
China hikes import quota for Australian wool
December 31, 2021 03:52 PM AEDT| By Priyanka PayalHighlights Beijing has fixed its import quota for Australian wool at 40,203 tonnes for 2022, increasing from 38,288 tonnes a year earlier. Beijing has imposed a ban on certain Australian products like coal, log timber, lobsters, and cotton and .....
Apple vs Meta
December 31, 2021 01:02 PM AEDT| By Daniel Paul JohnsHighlights Apple have incentivised their top engineers in silicon design, hardware and software by offering them restricted stock units While Meta has nabbed some one hundred employees directly from Apple, Apple have also enticed several Meta e.....
US stocks retreat after jobless claims data
December 31, 2021 09:46 AM AEDT| By Versha JainBenchmark US indices closed in the red on Thursday, December 30, after the latest labor data showed the first-time unemployment benefits claims declined last week. The S&P 500 declined 0.30% to 4,778.73. The Dow Jones fell 0.25% to 36,398...
Tesla recalls over 475,000 vehicles in US - know why
December 31, 2021 07:13 AM AEDT| By Rupam RoyHighlights Tesla plans to recall more than 475,000 Model 3 and Model S vehicles in the US. The company said it would recall more than 356,000 Model 3 cars and over 119,000 Model S vehicles due to technical defects. The company said it will fix.....
South-Australia's govt approves A$2.3B power interconnector between NSW and SA
December 31, 2021 05:39 AM AEDT| By Sonal GoyalHighlights South Australian government has granted environmental approval to the AU$2.3 billion power cable between SA and NSW. The Project Energy Connect will empower AU$20 billion renewable projects. Approval from Commonwealth is pending to .....
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