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Russia-Ukraine war: Worsening humanitarian crisis as violence escalates
March 31, 2022 07:08 PM AEDT| By ManishaHighlights Russian strikes continue to cause mounting casualties in Ukraine. There seems to be no sign of any peace treaty between the two sides so far. Over 60% of Ukrainian children have been displaced since Russia began its invas.....
Musk sends Twitter into frenzy, mulls launching a new social media platform
March 28, 2022 05:04 PM AEDT| By Daniel Paul JohnsSpaceX and Tesla Founder, Elon Musk, has hinted at a new tech venture, which will potentially shake up the industry. Tongues were set wagging when Musk used the Twitter platform to ask his followers whether a new platform was needed, which consequ.....
Are radiation risks exaggerated? How safe are nuclear power plants?
March 26, 2022 08:12 PM AEDT| By Nitish KumarHighlights Nuclear power plants account for nearly 10% of the global electricity supply. The Chernobyl and Fukushima nuclear disasters have shown consequences of radiation leaks and the extent of damage they can cause. Amid rising climate cata.....
Gildan Announces Launch of New Gildan Respects™ Campaign
March 25, 2022 01:05 AM AEDT| By 3BLMONTREAL, March 24, 2022 /3BL Media/ – Gildan Activewear Inc. (GIL: TSX and NYSE) is pleased to announce the launch of Gildan Respects™, a global positioning of its environmental, social a...
What Is “Good Corporate Citizenship” for Companies Operating in Russia?
March 24, 2022 02:00 AM AEDT| By 3BLIt is often not easy for western companies to live up to the principles of “good corporate citizenship” when they have operations in or are investing in countries without democratic govern...
Which companies are pulling out of Russia?
March 23, 2022 01:59 PM AEDT| By Toshiva JainHighlights The primary reason for companies leaving Russia is the sanctions put by the western allies and the rest of the world against Russia in solidarity with Ukraine. Following these sanctions, companies are leaving because of reputational,.....
Shippit acquires fellow logistics tech company Premonition
March 22, 2022 04:31 PM AEDT| By Sonal GoyalHighlights Shippit has acquired Premonition, a logistics technology company. With the acquisition of Premonition, Shippit would be able to take advantage of the booming online shopping business. Shippit has recently upgraded its mission to ach...
India-Australia trade deal soon: All you need to know
March 22, 2022 02:27 PM AEDT| By Akanksha VashishtHighlights India and Australia are expected to conclude an early harvest trade deal by the end of this month. Both countries are looking to reduce their reliance on China by establishing a direct trade channel between them. The upcoming interi.....
Aussie travel sector gets funding boost; Hong Kong lifts flight ban
March 21, 2022 09:13 PM AEDT| By Akanksha VashishtHighlights Australia’s travel sector certainly needs a rebound after being isolated from the world for over two years. Good news awaits travel-hungry Aussies as Hong Kong lifts its ban on Australian tourists. The Australian governm.....
Crypto laws on horizon as Morrison Government seeks market feedbacks
March 21, 2022 05:18 PM AEDT| By Priyanka PayalHighlights Morrison government is planning to regulate digital assets, including cryptocurrency and has sought feedback from businesses and individuals on the same. The decision has been taken to ensure crypto investors' safety and security, in.....
Does Australia have sanctions against Russia?
March 21, 2022 04:31 PM AEDT| By Akanksha VashishtAustralia seems to have joined the movement in support of Ukraine while placing sanctions on Russia as a punitive measure. Utilising its sanctions mechanism, Australia has recently decided to ban all exports of alumina and bauxite to Russia. The co.....
Queensland Govt announces AU$55M package to boost EV purchase
March 18, 2022 06:00 AM AEDT| By SamtaHighlights Queenslanders will now get a subsidy of AU$3000 on buying EV to the value of AU$58,000. The QLD government will build new charging stations under the new zero-emission strategy. Queensland aims to meet its net-zero commitment .....
Australia to host nuclear-powered submarines under AUKUS
March 18, 2022 05:00 AM AEDT| By SamtaHighlights The Australian government will host nuclear-powered submarines from the UK and the US under the AUKUS partnership. AUKUS was formed between Australia, the UK and the US in 2021. The move can provide two nuclear powers be.....
ACCC initiates court proceedings against Facebook owner Meta
March 18, 2022 01:54 AM AEDT| By Priyanka PayalHighlights ACCC has started proceedings against Facebook parent company Meta Platforms for allegedly engaging in misleading conduct to promote cryptocurrency investment. The consumer watchdog has alleged that Meta had engaged in deceptive.....
Australia’s Mushroom to enter global music space with Virgin Music
March 17, 2022 10:10 PM AEDT| By SamtaHighlights Australian independent music label, Mushroom Group and US-based Virgin Music have announced a ‘multi-layered’ global partnership. Universal’s Virgin Music will support Mushroom artists in getting a global recog.....
Linktree raises US$110M, hits the unicorn territory!
March 17, 2022 03:54 PM AEDT| By SamtaHighlights Australian startup, Linktree, has raised US$110 million. Now the company has a valuation of worth US$1.3 billion. Linktree now hopes to start its recruitment drive in Australia. Australian ‘link-in-bio’ .....
Hostplus, Octopus Australia & CEFC to back energy park in Gippsland
March 16, 2022 08:52 PM AEDT| By Aditi SahaHighlights A partnership between Octopus Australia and the CEFC, to build renewable energy assets, has received the backing of Hostplus to construct a large-scale clean energy park in Gippsland. The 3000-hectare GREP site lies within the propos.....
How latest COVID-19 lockdown in China can cause trade disruption
March 16, 2022 08:23 PM AEDT| By Akanksha VashishtHighlights China is observing a surge in Omicron cases, which can hamper international businesses dependent on the country. The country is imposing strict restrictions followed by mass testing and quarantine facilities. The number of companies.....
How biotechnology can help amid high food inflation
March 16, 2022 08:15 PM AEDT| By Aditi SarkarHighlights Global food prices have rocketed to hover near the levels reached during the global food crises of 2007-08 and 2010-11 Genetic modification of crops could be a potential solution for increasing crop yield Plant tissue culture .....
Govt may mandate parental controls in smartphones to boost online safety
March 16, 2022 07:15 PM AEDT| By Aditi SahaHighlights The Australian government intends to put technology giants under the microscope to alleviate parents' concerns over online safety. Prime Minister Scott Morrison, in December 2021, had stated that concern regarding online safety of ch.....
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