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World news
Watch out for Amazon’s first robotics warehouse in Australia
November 17, 2021 05:54 PM AEDT| By Priyanka PayalHighlights Amazon is all set to open Southern Hemisphere’s first Amazon Robotics fulfilment Centre (FC) in Western Sydney early next year. The Company believes that the Robotics site will generate 1,500 jobs for the local people. .....
Next Evergrande in the making? China’s HSR is in trouble
November 17, 2021 04:19 PM AEDT| By Kiara KhannaFirst, it was Coronavirus, then came the Evergrande shock. It seems China is brewing a new trouble story every day. China’s first high-speed rail (HSR) service, which commenced in the year 2009, seems to have entered a debt trap. China’s...
Qantas 787 landing gear not retracted after pins left in place
November 17, 2021 02:03 PM AEDT| By Sonal GoyalHighlights Crew members were not able to retract the main landing gear after the take-off of the Boeing 787 aircraft. The Boeing 787 aircraft of Qantas was scheduled to fly from Sydney to Perth with 106 passengers and 13 crew members. The inci.....
JPMorgan files US$162 mn lawsuit against Tesla for contract breach
November 17, 2021 07:12 AM AEDT| By Versha JainHighlights JP Morgan has filed lawsuit against Tesla Inc. in a Manhattan federal court for breach of contract. Tesla’s stock grew more than 10 times since JP Morgan’s warrant price adjustment in 2018. JP Morgan stock price remained.....
Green Bay Packers offering: How to buy NFL team’s dummy stock?
November 17, 2021 02:46 AM AEDT| By Raza NaqviHighlights Green Bay Packers announced preliminary details for the stock offerings on Nov 15 The offering price will be US$300 per share Packers will offer 300,000 shares for the interested buyers The American football team the Green Bay .....
Salesforce introduces extra benefits worth $55K for transgender employees
November 16, 2021 08:23 PM AEDT| By Sonal GoyalHighlights Transgender employees working for Salesforce in New Zealand and Australia are offered a $55,000 worth benefit package. The benefits package covers hormonal therapy, prescription drugs and affirmation surgeries. $500 for wardrobe all.....
Why to explore TRON in 2021?
November 16, 2021 05:31 PM AEDT| By Jasmine AnandWith growing admiration for cryptocurrencies, tech-savvy investors are heavily investing in the crypto market. While the world's largest and the most popular cryptocurrency, Bitcoin, is valued at around US$62,000, beginners and new entrants to the.....
RBA rings warning bells on inflation but keeps rate hike at bay
November 16, 2021 05:27 PM AEDT| By Sukriti NairHighlights Philip Lowe discusses recent trends in inflation with Australian Business Economists. Implications for the RBA's monetary policy in the backdrop Australia is again worried about inflation as it is no more below the central banks.....
Why is Google spending A$1 billion in Australia?
November 16, 2021 04:12 PM AEDT| By Sukriti NairAustralian PM Scott Morrison, and Google CEO Sundar Pichai, have launched Google Australia’s ‘Digital Future Initiative’. Google has committed to infusing AU$1 billion in the Australian digital economy. Google will partner with Au.....
Trump Organization to sell iconic Washington DC hotel for US$375 mn
November 16, 2021 09:52 AM AEDT| By Team Kalkine MediaFormer US President Donald Trump’s Trump Organization has reached an agreement with a potential buyer to sell his leasehold property the Trump International Hotel in Washington DC for US$375 million, people familiar with the matter said. Wal.....
Can Elon Musk’s Sanders tweet land him in trouble?
November 15, 2021 09:37 PM AEDT| By Ankit SethiElon Musk has never been a man who minces his words. Seasoned investor Warren Buffett has time and again trashed blockchain-based digital currencies, but Musk, aided a little by Twitter’s Jack Dorsey, has never held back his sentiments. Musk .....
Australia’s deputy PM denies changing 2030 emission reduction target
November 15, 2021 08:55 PM AEDT| By Sonal GoyalHighlights In the Glasgow Summit COP26, countries like China, India and Australia refused to pledge to achieve a net-zero emission target. Australia was invited to reconsider their emission targets. Morrison government refused to reconsider th.....
SA new COVID-19 rules after border reopens on 23 November
November 15, 2021 08:41 PM AEDT| By Sukriti NairThe state government of South Australia has today announced more details on border reopening plans. In just another week, the region will welcome visitors and citizens. However, there is a lack of detail around COVID-19 management plans in schools......
Artificial Intelligence: a monster or an angel?
November 15, 2021 05:46 PM AEDT| By Toshiva JainHighlights The current tech-savvy world is majorly about artificial intelligence (AI). Several debates are flowing in the market: whether AI can be trusted blindly. If the world community wants to take the complete advantage of AI, some .....
What is the ideology behind the Transhuman Coin?
November 15, 2021 05:05 PM AEDT| By Jasmine AnandThe cryptocurrency market is evolving every day, with new coins including distinct features being created every now and then. One such coin with an innovative ideology that has recently been launched by Dr Charles Awuzie and Peter Xing, is Transhu.....
A look at India’s biggest-ever IPO with ~US$2.5 billion target
November 14, 2021 06:23 PM AEDT| By Mohammad ZaidFintechs across the globe have been at the forefront during COVID-19, benefitting significantly from the boost to contactless payments. The current year has also been a record year for share listings across various financial markets. GOOD RE.....
Crude oil reports third weekly decline after a week of volatility
November 14, 2021 05:18 PM AEDT| By Mohammad ZaidCrude oil prices decline Oil prices have surprised greatly in the past and reported a third weekly drop on Friday after a week full of volatility. On Friday, the fall in oil price wiped out gains from the earlier session on the back of worries th.....
Nations conclude climate agreement after last-minute compromise on fossil fuels
November 14, 2021 03:43 PM AEDT| By Mohammad ZaidGovernments from nearly 200 countries had participated in the COP26 summit held in Glasgow. Various delegates at the summit had struggled to resolve significant points, including phasing out coal, fossil fuel subsidies and financial help to low-inc.....
UN: Food prices hit a 10-year high record
November 14, 2021 12:13 AM AEDT| By Toshiva JainHighlights Food prices have been increasing globally for the last three months. Additionally, agriculture food prices have increased significantly in 2021. Fluctuations in international food prices are caused by the interconnected changes happ.....
How cybercrime cases increased post pandemic?
November 13, 2021 01:30 AM AEDT| By SamtaHighlights COVID-19 brought a change in the whole world’s working system. Cybercriminals are adopting new tactics to attack people working from homes. Analysts forecasted global spending on cybersecurity to surge over US$133.7 bill.....
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