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Why emerging markets are on investors’ radar?
January 22, 2022 01:30 AM AEDT| By Sukriti NairHighlights Emerging Markets witness rapid economic growth but have low per capita income and experience currency swings. Being undervalued, investors eye emerging markets as an investment option. One can adopt various ways to invest in emergin.....
What is Twitter’s new feature about NFT and profile picture?
January 21, 2022 04:29 PM AEDT| By Jasmine AnandHighlights Twitter comes up with a new feature, allowing its users to display their NFTs as their profile pictures. New NFT avatars would appear in a hexagonal border instead of a circle. At present, the service is extended to Twitter Blue sub.....
Pfizer covid vaccine for kids under five on the anvil
January 21, 2022 07:06 AM AEDT| By Sanjeeb BaruahWhite House chief medical advisor Anthony Fauci has said that the US Food and Drug Administration (FDA) could authorize a Pfizer-BioNTech Covid-19 vaccine for children under five years next month. In an interview with an NGO, he said that it could.....
Amazon to open first physical store near Los Angeles
January 21, 2022 03:19 AM AEDT| By Sanjeeb BaruahAmazon.com Inc (AMZN) will open its first apparel store near Los Angeles this year, managing director Simoina Vasen said on Thursday. It will be smaller than a typical departmental store but will have unique virtual features to guide the customers......
Monash (ASX:MVF) shares closed over 4% higher today. Here's why
January 20, 2022 08:38 PM AEDT| By SamtaThe shares of ASX listed Monash IVF Group Ltd (ASX:MVF) have gained today after the Group updated on its IVF treatments. The scrip closed 4.52% higher at AU$1.04 today. The Victorian Minister of Health had previously announced a .....
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What led to Grayscale Bitcoin Trust’s (GBTC) record-high discounts?
January 20, 2022 05:39 PM AEDT| By Jasmine AnandHighlights Grayscale Bitcoin Trust, a popular crypto fund, has been witnessing steep discounts in the trading of its share. GBTC’s discount has reached 26.5%, the highest in the last 12 months. Some of the reasons for the same can .....
Uber Australia gets into car-sharing biz, acquires Car Next Door
January 20, 2022 04:49 PM AEDT| By SamtaThe global ridesharing company Uber has strengthened its market position by snapping an Aussie peer-to-peer car-sharing platform. Expanding its Australian operations, the company announced today that it has acquired Sydney-based car sharing platfo.....
Sony loses US$20 bn in market value after Microsoft-Activision deal
January 20, 2022 05:57 AM AEDT| By Sanjeeb BaruahHighlights Sony and Microsoft are top competitors in the gaming industry. Microsoft’s big-ticket purchase is expected to unleash a fierce rivalry between the two. Microsoft’s Xbox console is a direct competitor to Sony’s Play.....
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Thousands of flights disrupted worldwide amid US 5G rollout
January 20, 2022 04:59 AM AEDT| By Sanjeeb BaruahHighlights Experts said the new 5G networks use a radio segment close to the one used by radio altimeters in an aircraft to measure a flight's altitude, which helps pilots land in low visibility. The US Federal Communications Commission sets a.....
Dixon Advisory files for voluntary administration
January 19, 2022 08:56 PM AEDT| By Sonal GoyalHighlights Dixon Advisory has filed for voluntary administration as it comes close to its dark episode. Directors of Dixon Advisory identified that potential liabilities from regulatory penalties, class actions and settlements would result in i.....
Australia announces visa rebates to international students & workers
January 19, 2022 08:48 PM AEDT| By SamtaHighlights The Australian Government has announced providing an AU$55 million package for the visa application fee. Rising Omicron has forced many workers to isolate themselves. Many food and logistics firms witnessed workforce shortages .....
Wealth of richest men doubled in pandemic, says Oxfam
January 19, 2022 07:42 PM AEDT| By Toshiva JainHighlights The 2022 Oxfam report highlights that the collective wealth of the world’s top 10 richest men has doubled in the pandemic. About 99% of the world’s population is in a worse condition due to lockdowns, loss of business, em.....
Walmart is ready to penetrate the Metaverse world
January 19, 2022 05:36 PM AEDT| By Jasmine AnandHighlights Renowned retailer Walmart is taking a leap into the Metaverse and blockchain technology. It aims to introduce NFTs and create its own crypto in the future and has filed applications for the same. To explore emerging technologies and.....
Microsoft buys Activision Blizzard to become third-largest gaming firm
January 19, 2022 03:38 AM AEDT| By Rupam RoyHighlights Microsoft said it would acquire Activision Blizzard for nearly US$69 billion in an all-cash deal. Since July, Activision has fired over three dozen employees and disciplined around 40 more staff members over sexual harassment and mis.....
What is Code Brown? What it means on Australia's deadliest pandemic day?
January 18, 2022 08:29 PM AEDT| By Sukriti NairHighlights Australia’s Covid heat is blazing hot as the death count keeps rising higher. The surge in Covid infected persons is calling for more healthcare assistance. Staff shortages and PPE worries have forced Victoria to declare.....
Will Tonga’s post-Tsunami crisis affect NZ economy as well?
January 18, 2022 05:39 PM AEDT| By ManikaHighlights On 15 January, a major volcanic eruption occurred in the South-East Island of Tonga. Significant damage has been reported where all communication lines have been disrupted. New Zealand which is a neighbouring island country ha.....
Why is Singapore alerting people against crypto marketing services?
January 18, 2022 03:59 PM AEDT| By Jasmine AnandHighlights Singapore’s Central Bank has issued guidelines to limit activities of crypto players for marketing or promoting their services to retail investors. To protect interests of the general public and shield them from extreme price f.....
Australian tech investment firm CPC wins legal battle against Apple
January 18, 2022 10:55 AM AEDT| By SamtaAn Australian tech investment firm – Charter Pacific Corporation’s (CPC) subsidiary CPC Patent Technologies has won a legal battle against Apple it. The tech giant failed to get a patent infringement lawsuit dismissed, for which CPC dra.....
AU$500 for two tests: ACCC sends warning to RAT price gougers
January 17, 2022 08:52 PM AEDT| By AayushHighlights The ACCC received reports that RATs are costing up to an exorbitant price of AU$500 for two tests. ACCC said that these tests are being sold in the wholesale market to as low as AU$3.95. Reports also include a store recording the sa.....
Why does China want to strengthen economic ties with New Zealand?
January 17, 2022 08:48 PM AEDT| By ManikaEven though diplomatic ties between China and New Zealand are getting strained, both countries are keen on deepening economic ties. An indication of this is likely the appointment of a new Chinese ambassador who has previously worked on the Belt an.....
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