World news

Brisbane-based iNSPIRETEK raises $2.5M to expand into US market

January 11, 2022 08:16 PM AEDT| By Samta

Highlights Australian mental health platform iNSPIRETEK has raised $2.5 million to expand across the US market. iNSPIRETEK automates mental health interventions via its confidential data-driven technology used by over 10,000 school-aged .....

Fujitsu wins iSAFE deal with SA’s Department for Correctional Services

January 11, 2022 08:11 PM AEDT| By Sonal Goyal

Highlights Fujitsu has won the iSAFE contract with the South Australian Department for Correctional Services (DSC). Under the contract, Fujitsu will refresh some of its software systems. Fujitsu has announced that it has won the iSAF.....

Australian govt announces upto $40M funding for ultra-low-cost solar

January 11, 2022 04:05 PM AEDT| By Sonal Goyal

Highlights Australian Renewable Energy Agency (ARENA) has declared that the Australian Government to extend funding of up to $40 million. The funding will support research and development that adds to the government’s goal to achieve ultr.....

Aussie stars ‘shine’ at Golden Globes 2022

January 11, 2022 03:28 PM AEDT| By Ritwika

Highlights Three Australians manage to bag Golden Globes awards which have taken place in LA, USA. Nicole Kidman, Sarah Snook and Kodi Smit-McPhee won awards for best actress, best supporting actress in TV series, best supporting actor in motio.....

Local farmers buy back land owned by Chinese miner Shenhua in NSW

January 11, 2022 01:36 PM AEDT| By Samta

Highlights Local Australian farmers have bought back a rich NSW based farmland owned by a Chinese miner Shenhua in NSW food bowl. NSW government had paid AU$100 million to the Chinese miner to halt its coal mine plans in 2021. The farmland is .....

Rapid Antigen Tests for COVID-19: Savior in times of need

January 10, 2022 07:57 PM AEDT| By Team Kalkine Media

Highlights Rapid antigen tests are relatively easier to use and less time consuming than PCR tests. 15 different rapid antigen testing kits have been allowed for use by The Therapeutic Goods Administration (TGA) of Australia The National Cabin.....

The World Bank calls 2021 the year of “Inequality Pandemic”

January 10, 2022 05:30 PM AEDT| By Toshiva Jain

Highlights The unequal recovery in 2021 and unequal distribution of vaccines were top areas of concern in various geographies. The World Bank in its recent report has called 2021 to be the year of the Inequality Pandemic. The effects of the pa.....

Tritium to get listed on NASDAQ this month, ASX-listing uncertain

January 10, 2022 05:18 PM AEDT| By Priyanka Payal

Highlights Tritium is likely to get listed on NASDAQ soon. There are no indications of the EV charging player to appear on ASX despite the Company’s headquarters Australia. The last step for Tritium’s public debut involves a .....

Novak Djokovic fighting to defend Australian Open legacy

January 10, 2022 05:15 PM AEDT| By Daniel Paul Johns

Highlights The Novak Djokovic situation has frankly been an embarrassment for Australia who had perhaps been determined to display their tough stance on Covid vaccinations Judge Kelly admitted his own agitation this morning, telling the c.....

Australia to buy tanks and other armoured vehicles from US for A$3.5B

January 10, 2022 01:01 PM AEDT| By Priyanka Payal

Highlights Australia is all set to upgrade the Country’s army fleet with the acquisition of over 120 tanks along with other armoured vehicles from the US for AU$3.5 billion. Last year, the US, UK and Australia forged an alliance in what i.....

How can the metaverse change real-estate sector?

January 10, 2022 11:12 AM AEDT| By Akanksha Vashisht

Highlights Property within the digital world is up for grabs, and investors are still speculating if the risk is worth taking. The metaverse is in the pre-boom phase, where investments could shoot up exponentially once traction builds. As more.....

Covid-19 jabs: Citigroup to terminate unvaccinated employees

January 09, 2022 09:52 PM AEDT| By Priya Bhandari

Highlights Citigroup Inc recently announced that it would terminate its US-based employees who are not fully vaccinated as of January 14. The ‘No Jab, No Job’ policy was first disclosed in October 2021. If employees do not submit v.....

What does European energy crisis mean for Australian energy players

January 09, 2022 01:34 AM AEDT| By Team Kalkine Media

Highlights Household energy bills in Europe spiked as much as 54% relative to the bills consumers paid in 2020. Gas prices in the region soared about 10 times higher relative to the prices a year earlier. Policymakers are under int.....

What's panning out in Australian battery recycling space?

January 08, 2022 12:33 AM AEDT| By Anam Siddiqui

Highlights The demand for lithium-ion batteries has increased significantly, driven by rising vehicle electrification and growing focus on renewable energy generation. Around 18,600 tonnes of batteries are discarded to landfill in Australia eac.....

Global semiconductor shortage continues to hurt car buyers in 2022

January 07, 2022 09:03 PM AEDT| By Samta

Highlights Due to ongoing supply chain disruptions and semiconductor shortages, new car buyers will have to suffer more in 2022. Covid-19 has slowed down the demand for new vehicles since early 2020. Global chip shortage will likely c.....

Hong Kong’s Disneyland closes temporarily amid Covid-19 outbreak

January 07, 2022 07:11 PM AEDT| By Samta

Highlights Hong Kong’s Disneyland will remain close for at least two weeks amid the Covid-19 outbreak. Depending on the rising cases, the theme park can remain closed beyond two weeks. Hong Kong’s Disneyland is set to remain cl.....

Nasdaq tech stocks plunge 50% or more, echoing dot-com crash

January 07, 2022 04:09 PM AEDT| By Sukriti Nair

On Thursday, a near-record number of US Nasdaq listed tech stocks plunged by 50% or more, echoing the dot-com crash. Around 4 in every 10 companies on the Nasdaq composite index saw market values getting halved from their 52-week highs. Why are US.....