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France’s privacy watchdog fines Google, Facebook over ‘cookies’
January 07, 2022 09:25 AM AEDT| By Sanjeeb BaruahHighlights Facebook and Google did not allow the refusal of cookies easily, the privacy watchdog said. It warned that failing to honor its decision would attract much harsher punishment, an additional daily fine of 100,000 euros. The EU regul.....
APRA updates on aggregate Committed Liquidity Facility
January 06, 2022 06:57 PM AEDT| By SamtaHighlights APRA announced to reduce the aggregate Committed Liquidity Facility to AU$102 billion. The CLF scheduled on 1 January has occurred as per the schedule. ADI’s CLF allocation would drop to zero through equal reductions on .....
Toyota unseats General Motors to become top car seller in US
January 06, 2022 06:16 PM AEDT| By Priyanka PayalHighlights Japanese Carmaker Toyota surpasses General Motors to grab the title of top car seller in the US. GM has said that its total sales were down about 13% due to semiconductor supply chain constraints. Both companies have reported .....
Australian flights banned in Hong Kong amidst COVID-19 concerns
January 06, 2022 05:38 PM AEDT| By Sukriti NairHighlights Hong Kong has banned inbound flights from Australia and eight other countries. The ban has emerged as a new challenge for Australian Airline companies. The stricter COVID-19 restrictions are a step to curd the surging COVID-19 infec.....
Why AdBlue prices are on rise?
January 06, 2022 04:57 PM AEDT| By Sonal GoyalHighlights Prices of AdBlue have quadrupled and is a significant cause of concern for the logistics and supply chain. It has been estimated that Australia can run out of AdBlue supplies by mid-February. The product that can wipe off Austra.....
Australia cancels tennis player Novak Djokovic's visa
January 06, 2022 03:55 PM AEDT| By Sonal GoyalHighlights Novak Djokovic was not allowed to enter Australia as he could not fulfil the requirements to enter the country. Djokovic's Australian visa got cancelled. The decision of whether he will enter Australia or not is still pending. .....
Foresight acquires further 51% of two solar farms in Queensland
January 06, 2022 03:51 PM AEDT| By Priyanka PayalHighlights UK-based Foresight Solar Fund Ltd acquires the remaining 51% stakes in Australia’s Oakley and Longreach solar farms. The company has gained 100% ownership in both solar farms with this acquisition. It is believed that mergers .....
Aussie auto sales surpass the million mark
January 06, 2022 03:49 PM AEDT| By Sukriti NairHighlights Aussie demand for cars and trucks jumped over 14% last year. Sales of new automobiles in Australia have crossed one million. In 2022, Auto manufacturers are working to strengthen supply chains. Australian automobile sales.....
GM unveils electric version of its top-selling pickup Chevy Silverado
January 06, 2022 08:20 AM AEDT| By Sanjeeb BaruahHighlights Silverado EV, the electric version of GM’s top-selling car by the same name, is expected to hit the dealers next year. The company had earlier said that Silverado will have more high-tech features and driving range compared to.....
Google acquires Israeli start up Siemplify to boost security
January 05, 2022 07:17 PM AEDT| By Sonal GoyalHighlights Google has bought Siemplify to boost its security operations. The acquisition follows the pledge taken by Alphabet Inc-owned Google in the presence of US president Joe Biden. Alphabet Inc will invest $10 billion in cybersecurity ove.....
Will Australia and Japan’s military treaty emerge as a threat to China?
January 05, 2022 06:40 PM AEDT| By Aditi SahaHighlights Australia's military fortunes are expected to shine brighter following the signing of a significant defence treaty between Australia and Japan. According to Tokyo's top diplomat in Canberra, both Australia and Japan are ready to send.....
Australia in dire need of skilled, unskilled workers: NAB Report
January 05, 2022 05:16 PM AEDT| By Priyanka PayalHighlights Australia is facing the problem of acute labour shortage. Research by the banking giant National Australia Bank (NAB) indicates that around 4 in 10 Australian businesses are witnessing significant impacts from scarce labour. As per .....
Job ads tumble as Omicron fears lurk in the background
January 05, 2022 05:16 PM AEDT| By Akanksha VashishtRising job advertisements were hailed as one of the key forces behind buoyant expectations for the economy in 2022. After rising for two consecutive months, job advertisements fell in December, as fears surrounding the Omicron strain consumed inves.....
Australia loses ‘unprecedented’ number of foreign diplomats in pandemic
January 05, 2022 05:04 PM AEDT| By Sukriti NairA 51-page incoming operational transient for Dfat’s (Department of Foreign Affairs and Trade) new secretary, Kathryn Campbell, reveals a fall in the number of positions at Australian embassies and diplomats on overseas postings, during the pa.....
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 .....
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