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World News in Brief: From Ukraine crisis, Beijing Olympics to Omicron
December 09, 2021 01:08 AM AEDT| By Team Kalkine MediaUS-Russia talks on Ukraine US President Joe Biden held a two-hour virtual meeting with his Russian counterpart Vladimir Putin to discuss Ukraine. Russia’s troop deployment on its border with Ukraine has raised tension. The US intelligence comm...
Commonwealth Bank’s former subsidiary pleads guilty to 18 criminal charges
December 08, 2021 08:15 PM AEDT| By Sonal GoyalHighlights Australian Securities & Investments Commission (ASIC) brings criminal charges against Avanteos Investment Limited for charging deceased superannuation customers. Legal advice was sent to company in 2016. The Australian Secur.....
Andrew Twiggy’s Tattarang buys farmlands, rural property on mind
December 08, 2021 06:39 PM AEDT| By Sukriti NairHighlights Twiggy is making way into WA rural properties. Indiana Teahouse and New Nornica’s Southwest retreat part of farming land investment. Latest is the Cape Lodge Hotel in Margaret River region, AU$9.25 million. Rural properti.....
US mulls swift, tough sanctions to deter Russia from invading Ukraine
December 08, 2021 07:44 AM AEDT| By Sanjeeb BaruahThe Biden administration is considering tough measures, including stopping the Nord Stream 2 gas pipeline project as leverage to deter Russia from invading its southwestern neighbour Ukraine. According to media reports, President Joe Biden on Tues.....
Kalkine Daily Brief: Top world news of the day
December 08, 2021 02:15 AM AEDT| By Team Kalkine MediaChipmaking giant Intel Corporation has announced that it would list shares of Mobileye, its Israel-based subsidiary that specializes in self-driving car technology, like camera systems for automated cars. Intel acquired the company in 2017. Samsun.....
ACCC keeps vigil as competition rises among domestic airlines
December 07, 2021 06:31 PM AEDT| By Priyanka PayalHighlights Rex decides to fly on five busiest routes connecting - Sydney, Melbourne, Brisbane, Adelaide and the Gold Coast by mid-December. Qantas, Virgin, and Jetstar have also declared various new connections on routes that were less travelle.....
Aurizon’s (ASX:AZJ) A$2.35B One Rail acquisition under ACCC scanner
December 07, 2021 05:50 PM AEDT| By Priyanka PayalHighlights Australian Competition and Consumer Commission (ACCC) seeks answer to a list of 21 questions concerning the AU$2.35 billion acquisition of One Rail Australia (ORA) by rail freight giant Aurizon. The competition regulator asks whether.....
China’s Evergrande hits 11-year low failing to repay creditors
December 07, 2021 04:49 PM AEDT| By SamtaHighlights Chinese real estate firm Evergrande Group fails to repay creditors. Evergrande shares fell 20% on Monday after the Company announced it cannot guarantee enough funds to meet its financial obligations. The ailing Chinese develo.....
Will the Wuhan-born coronavirus continue to impact our lives in 2022?
December 07, 2021 04:36 PM AEDT| By Kiara KhannaWhen will Covid-19 end? When will life come back to normal? Will we ever get rid of the masks and the fear that this pandemic has induced upon us in the last two years? There are numerable questions around coronavirus with no definite answer insight....
Airbnb rentals illegal in NYC if occupants stay less than 30 days
December 07, 2021 04:06 AM AEDT| By Rupam RoyHoliday rental company Airbnb Inc. braces for more troubles as regulators impose new rules. The San Francisco, California-based firm has been struggling amid numerous housing woes in the US. New York City has banned short-term Airbnb lodgings blam.....
Growing club of Indian executives running global tech giants
December 04, 2021 01:06 AM AEDT| By ManishaHighlights Indian-origin persons are holding the top-most posts at several global tech companies. The latest addition to the long list of Indian CEOs is Parag Agrawal, Twitter’s new CEO. Some other names continue to inspire many In.....
Tennis Australia annual reports shows over AU$100M loss for FY20-21
December 03, 2021 09:13 PM AEDT| By Sonal GoyalHighlights Tennis Australia faced the loss of AU$100 million, as indicated in the 2021 annual report of the body. COVID-19 is the primary reason behind the loss. Tennis Australia's cash reserves of $80 million were depleted. Like the rest.....
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Didi: Why this Chinese ride-hailing giant wants to delist from NYSE?
December 03, 2021 08:18 PM AEDT| By Sreenivas D AjankarHighlights Chinese ride-hailing service provider Didi Chuxing said on Friday that it plans to delist its stock from the New York Stock Exchange. The company’s decision to delist its shares has come within six months of listing follo.....
Microsoft’s (MSFT) new Teams Essentials is dirt cheap – know features
December 03, 2021 06:45 AM AEDT| By Sanjeeb BaruahHighlights The latest version is specially designed for small businesses and has key features like video calls, file sharing, calendaring, and group chat. Teams Essentials is Microsoft’s first standalone service, separate from its Office.....
Square Inc (SQ) changes corporate name to Block
December 03, 2021 05:13 AM AEDT| By Team Kalkine MediaHighlights Square Inc will officially become Block on Dec 10, the company said in a release on Wednesday. Square Inc’s ticker symbol SQ on the NYSE exchange will remain as it is. The company also said there would be no organizational c.....
Tech giants under Morrison government scanner over user safety
December 02, 2021 08:36 PM AEDT| By SamtaHighlights Australia raises the possibility of more legislation on the tech giants with a new inquiry. The committee lawmakers will investigate the algorithms used by the social media platforms. Morrison said big tech companies have big questi.....
Australian healthcare startup Harrison.ai raises A$129M
December 02, 2021 01:21 PM AEDT| By Priyanka PayalHighlights Australian Healthcare startup Harrison.ai successfully raises AU$129 million to accelerate in one of the Country’s largest-ever Series B funding rounds. ai has also announced a fresh partnership with Sonic Healthcare (ASX:SHL) .....
Virgin Australia reports A$3.7B profit; first in 10-years of history
December 01, 2021 07:16 PM AEDT| By Sukriti NairHighlights Virgin Australia reports billion-dollar profit in FY21. An unexpected profit is grabbing all the attention to its previously loss-making business. In its first since 2012, Virgin Australia has reported an AU$3.7 billion after-ta.....
Vinomofo buys Revel events to bring new food and wine shows
December 01, 2021 05:16 PM AEDT| By Sukriti NairHighlights Vinomofo acquires Revel events. Expectations are of a rise in food and wine events, with restriction easing. Online wine retailer Vinomofo has acquired Melbourne-based event company Revel. The acquisition decision builds on Vino.....
Aussie designer sues pop star Katy Perry over trademark infringement
December 01, 2021 02:10 PM AEDT| By Priyanka PayalHighlights A lawsuit has been filed against American Singer Katy Perry. Australian designer Katie Jane Taylor, with her maiden name Katie Perry, has alleged that the American pop star has infringed her trademark. The case will be heard in the .....
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