News

How To Avoid A Crypto Rug Pull?

November 17, 2021 08:02 PM AEDT| By Daniel Paul Johns

Highlights If you research some of the top cryptos by market capitalisation, you’ll notice that they have one thing in common: a research and development team In addition to a sophisticated and fully functioning website, legit token.....

Women use telehealth services more than men: ABS

November 17, 2021 07:09 PM AEDT| By Priyanka Payal

Highlights The 2020-21 Patient Experience Survey reveals that females were more likely to use telehealth services than males. The ABS revelations which came today state that, those with a long-term health condition (40.1%) were more likel.....

What would Google’s investment bring forth for Australia?

November 17, 2021 06:28 PM AEDT| By Akanksha Vashisht

Highlights Google has decided to invest a sum of AU$1 billion in Australia in the field of technology and research. Google intends to develop a partnership with the Sydney-based Macquarie University on quantum computing. The move is expected t.....

Why does Ukraine want to be the world’s crypto capital?

November 17, 2021 06:06 PM AEDT| By Jasmine Anand

Ukraine, which is one of the poorest nations across Europe, has witnessed many financial scandals within its shores. It now aims at economic revival and wants to transform itself to be a newfound destination for international money and hence, is be.....

Watch out for Amazon’s first robotics warehouse in Australia

November 17, 2021 05:54 PM AEDT| By Priyanka Payal

Highlights 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 Khanna

First, 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...

Australian wages rebound to pre-pandemic levels

November 17, 2021 03:32 PM AEDT| By Akanksha Vashisht

Highlights The wage price index rose 0.6 per cent during the September quarter. Wage and salary reviews around the end of the financial year prompted the wage hike. The RBA stated that wage growth is still slower than its set target for an int.....

Qantas 787 landing gear not retracted after pins left in place

November 17, 2021 02:03 PM AEDT| By Sonal Goyal

Highlights 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.....

Billions Wiped Off Crypto Value; Binance released 'crypto bill of rights'

November 17, 2021 01:16 PM AEDT| By Daniel Paul Johns

Bitcoin News The crypto market has taken a massive hit overnight, losing US$200 billion in value, with some cryptos, including Bitcoin, losing more than ten per cent from their recent highs. Bitcoin – the world’s largest cryptocurrenc.....

Oil settles mixed on tight stocks & demand slumps amid rising COVID-19 cases

November 17, 2021 01:08 PM AEDT| By Arpit Verma

Highlights Crude oil settled mixed on Tuesday. The US crude stocks were anticipated to rise in the fourth consecutive week. OPEC and its allies reduced their crude oil demand forecast by 330,000 for the last quarter of 2021. Crude oil pri.....

TIN Report ranks Enprise (NZX:ENS) among 2021’s top ten Absolute IT Supreme Scale-Ups

November 17, 2021 11:43 AM AEDT| By Mohammad Zaid

In a noteworthy development, NZX-listed investment company Enprise Group Limited (NZX:ENS) has been featured in the top ten Absolute IT Supreme Scale-Ups in the TIN Report for 2021. It is the second consecutive year that the Company has achieved a .....

Will Biden’s US$1 tr new infra law impact crypto market?

November 17, 2021 07:46 AM AEDT| By Ipsita Sarkar

President Joe Biden signed a US$1.2 trillion bipartisan infrastructure bill into law on Monday after more than a year of discussions with lawmakers. Besides improving the infrastructure, it is expected to spur economic growth and create jobs. Of .....

JPMorgan files US$162 mn lawsuit against Tesla for contract breach

November 17, 2021 07:12 AM AEDT| By Versha Jain

Highlights 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 Naqvi

Highlights 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 .....

Three Amigos Summit: What’s at stake as Trudeau heads to Washington?

November 17, 2021 12:57 AM AEDT| By Sundeep Radesh

Dubbed the ‘Three Amigos Summit’, the North American Leaders' Summit (NALS) was last held in 2016 when Presidents Barack Obama and Enrique Peña Nieto headed north to convene with Prime Minister Justin Trudeau. During the Trump er.....

Labour market activity improves as UK unemployment rate cools to 4.3%

November 17, 2021 12:40 AM AEDT| By Abhijeet

The employment activity in the United Kingdom has been continuously improving as the businesses reopen at a much larger scale for the first time in the pandemic era following the series of easements done by the government, terminating the social di.....