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Toyota unseats General Motors to become top car seller in US
January 06, 2022 07:16 AM GMT| 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 .....
Australia cancels tennis player Novak Djokovic's visa
January 06, 2022 04:55 AM GMT| 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. .....
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US stocks slip after Fed’s minutes
January 05, 2022 10:07 PM GMT| By Versha JainBenchmark US indices closed in the red on Wednesday, January 5, after minutes of Fed’s December meeting revealed unease among economists over the current high inflation. The S&P 500 fell 1.94% to 4,700.58. The Dow Jones declined 1.07% to 3...
Australia loses ‘unprecedented’ number of foreign diplomats in pandemic
January 05, 2022 06:04 AM GMT| 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.....
US indices close mixed, dragged down by technology, healthcare stocks
January 04, 2022 10:05 PM GMT| By Versha JainBenchmark US indices closed mixed on Tuesday, January 3, weighed down by technology, healthcare, and consumer discretionary segments after a solid start to the first trading week of 2022. The S&P 500 declined 0.06% to 4,793.54. The Dow Jones ros...
“50 Cognitive Biases” for the young: Elon Musk
January 04, 2022 08:56 AM GMT| 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 08:27 AM GMT| 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 07:10 AM GMT| 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.....
Six economic factors to keep an eye on in 2022
January 04, 2022 06:35 AM GMT| By Akanksha VashishtHighlights Experts are slightly less fearful of the potential impact of the pandemic on the economy, even as the new Omicron variant lurks in the background. Savings are expected to steer the economy in the coming year while inflationary .....
Five work-life resolutions to swear by for a Zen-like 2022
January 04, 2022 06:23 AM GMT| By Supriya KumariLiving through the pandemic has felt a lot like going to a war – and, for better or worse, the world will never be the same again. The last two years have reeled in almost a decade’s worth of change, courtesy COVID-19. Almost like a ruth...
Will Metaverse change the travel industry in 2022?
January 04, 2022 03:59 AM GMT| By Toshiva JainThe world is transforming at a fast pace. The work culture, social gatherings, business trips, everything has drastically changed; thanks to the COVID-19 pandemic. Humans are in the process of building a great civilisation and in this journey, the .....
US markets close higher as Apple Inc briefly crosses US$3-trillion mark
January 03, 2022 10:58 PM GMT| By Versha JainBenchmark US indices closed higher on the first trading day of the new year on Monday, January 3, lifted by energy and consumer discretionary stocks. The S&P 500 rose 0.64% to 4,796.56. The Dow Jones gained 0.68% to 36,585.06. The NASDAQ Composi...
Apple vs Meta
December 31, 2021 02:02 AM GMT| By Daniel Paul JohnsHighlights Apple have incentivised their top engineers in silicon design, hardware and software by offering them restricted stock units While Meta has nabbed some one hundred employees directly from Apple, Apple have also enticed several Meta e.....
US stocks retreat after jobless claims data
December 30, 2021 10:46 PM GMT| By Versha JainBenchmark US indices closed in the red on Thursday, December 30, after the latest labor data showed the first-time unemployment benefits claims declined last week. The S&P 500 declined 0.30% to 4,778.73. The Dow Jones fell 0.25% to 36,398...
Elon Musk quotes William Shakespeare when asked about Bitcoin’s creator
December 30, 2021 06:00 PM GMT| By Priyanka PayalHighlights Elon Musk stated that he agrees with the widespread belief that cryptocurrency expert Nick Szabo, the man behind Bitgold, might be Satoshi Nakamoto, the mysterious creator of bitcoin. In the year 2014, few linguistic researchers care.....
Russia says its Nord Stream 2 pipelines will stabilise gas prices
December 30, 2021 01:21 PM GMT| By Priyanka PayalHighlights Russia says that its Nord Stream 2 pipelines are on track with the completion of filling the second pipe with gas. It is alleged that the project is not complying with European law. The Nord Stream 2 gas pipeline is seen as a danger.....
What is Elon Musk's plan for paying A$11 billion in taxes?
December 30, 2021 10:55 AM GMT| By Aditi SahaHighlights Elon Musk, world's richest person with a fortune estimated at US$243 billion, recently tweeted that he will pay US$11 billion in taxes this year. Musk's tax declaration came after a series of spats with Democratic lawmakers, no.....
Thousands of flights cancelled globally as omicron spreads its tentacles
December 30, 2021 05:52 AM GMT| By Toshiva JainHighlights As Christmas hit, thousands of flights have been cancelled globally. Because of the sudden surge in the COVID-19 cases globally, inflicted by the new variant: Omicron, the aviation industry is facing a workforce shortage. Various US.....
US stocks close mixed after choppy session
December 29, 2021 09:57 PM GMT| By Versha JainBenchmark US indices closed mixed on Wednesday, December 29, after a choppy trading session as traders took a breather ahead of the New Year holidays. The S&P 500 climbed 0.14% to 4,793.06. The Dow Jones rose 0.25% to 36...
New Year’s Eve weather forecast delivers mixed bag across Australia
December 29, 2021 05:54 AM GMT| By SamtaHighlights BOM issued critical weather warnings for Eastern Asia at New Year’s Eve. Melbourne can hit 38C, making it the second hottest day in 2021. Fire services will work as per events following the severe heatwave warnings .....
