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 Ford Motor Co (F) mulls setting up EV manufacturing hub in India

Ford Motor Co (F) mulls setting up EV manufacturing hub in India

February 12, 2022 10:00 AM AEDT| By Sanjeeb Baruah

Ford Motor Co (NASDAQ: F) may produce electric vehicles in India for exports, the company said on Friday, months after it announced the closing of operations in the country due to lack of profitability. In a statement on Friday, cited by Reuters, .....

 Uber (UBER) to accept cryptos if exchange costs, climate issues resolve

Uber (UBER) to accept cryptos if exchange costs, climate issues resolve

February 12, 2022 07:56 AM AEDT| By Versha Jain

 Highlights Uber said it will accept cryptocurrency in the future. It said the high transaction cost in the exchange makes it unviable for adoption now.  Uber Technologies (UBER) stock fell 37.8% in one year. Ride-hailin.....

 Rapper Drake places US$1.26-mn bet in Bitcoin on Super Bowl LVI game

Rapper Drake places US$1.26-mn bet in Bitcoin on Super Bowl LVI game

February 12, 2022 12:00 AM AEDT| By Rupam Roy

As Americans gear up for one of the country's biggest sports extravaganzas, Canadian rapper Drake said in an Instagram post that he placed over US$1.26 million bets in Bitcoin (BTC) on Los Angeles Rams that will play against Cincinnati Bengals in S.....

 Latest on Novavax- vaccine to roll out from next week in Australia

Latest on Novavax- vaccine to roll out from next week in Australia

February 11, 2022 09:08 PM AEDT| By Sukriti Nair

Highlights  Greg Hunt announces Novavax roll out date, will be available from Monday (14 February 2022). A ‘three million dose’ shipment of the protein-based Covid vaccine has arrived in Australia already. Novavax Inc.&rsq.....

 Ex-NSW premier Gladys Berejiklian says 'yes' to new position at Optus

Ex-NSW premier Gladys Berejiklian says 'yes' to new position at Optus

February 11, 2022 01:26 PM AEDT| By Sukriti Nair

Highlights Former NSW premier Gladys Berejiklian to join executive team of telco major Optus. Berejiklian will join Optus as Managing Director, Enterprise, Business and Institutional. Berejiklian, before entering politics, held senior executiv.....

 Communicating On Purpose: How to Generate and Talk About Enduring Social Impact

Communicating On Purpose: How to Generate and Talk About Enduring Social Impact

February 11, 2022 07:00 AM AEDT| By 3BL

Not too long ago, I was approached by a major company eager to build its reputation as one of the “good guys.” Their CEO didn’t top noteworthy lists of admired leaders, and few knew...

 Link REIT and Oxford secure office portfolios in Australia

Link REIT and Oxford secure office portfolios in Australia

February 10, 2022 08:35 PM AEDT| By Ritwika

Highlights Link and Oxford enters a joint venture - Investa Gateway Office venture. The joint venture allows Link and Oxford to acquire five office portfolios in Australia. The acquisition will cost AU$2.3 billion in total to Link and Oxford. .....

 Australia to export green hydrogen to Asian markets?

Australia to export green hydrogen to Asian markets?

February 10, 2022 08:35 PM AEDT| By Bhawna Gupta

The global campaign to decrease carbon emissions to net-zero by 2050 is moving quickly, with targets and concentration increasing in every area of the economy. Countries plan to transition away from fossil fuels after vowing to achieve net-zero emi.....

 Omnicom (NYSE:OMC) shares close 14% high on Q4 2021 earnings report

Omnicom (NYSE:OMC) shares close 14% high on Q4 2021 earnings report

February 10, 2022 03:23 PM AEDT| By Ritwika

Highlights Omnicom outperforms the expectations during Q4 2021. OMC’s revenue increased by 2.6% to US$3,855.9 million in the given period. As a result, OMC’s diluted EPS grew by 6% in Q4 2021. Omnicom Group (NYSE:OMC) shares g.....

 Space storm gobbles up 40 Elon Musk's SpaceX satellites

Space storm gobbles up 40 Elon Musk's SpaceX satellites

February 10, 2022 10:28 AM AEDT| By Sanjeeb Baruah

Highlights SpaceX’s Starlink satellites were launched on February 3 from Florida’s Kennedy Space Center. According to scientists, the geomagnetic storm was caused by a solar flare over the weekend. On Monday, Astra Space, Inc. (A.....

 Salesforce to open Adelaide hub along with SA govt

Salesforce to open Adelaide hub along with SA govt

February 09, 2022 08:54 PM AEDT| By Bhawna Gupta

Highlights This is the first global collaboration for Salesforce Net Zero Cloud. Net Zero Cloud uses global emission factors to calculate greenhouse gas emissions. South Australia's green economy has the potential to create thousands of jobs. .....

 Biden backs Australian Tritium's move to build EV charging plant in US

Biden backs Australian Tritium's move to build EV charging plant in US

February 09, 2022 08:51 PM AEDT| By Sukriti Nair

Australian EV startup Tritium is set to build a new production plant in Tennessee, US in the upcoming months. Tritium’s new plant in the US will make approximately 30,000 electric-vehicle (EV) fast chargers a year and create roughly 500 local.....

 Tritium (NASDAQ:DCFC) shares zoom 40% on US expansion plans

Tritium (NASDAQ:DCFC) shares zoom 40% on US expansion plans

February 09, 2022 07:44 PM AEDT| By Bhawna Gupta

Highlights DCFC plans to launch a new manufacturing facility in the US. Tritium stocks closed at US$9.54 each on Tuesday. The news came within a fortnight when DCFC announced a deal with Electromin. Tritium DCFC Limited's (NASDAQ:DCFC) sh.....

 Why are athletes complaining at Beijing Olympics 2022?

Why are athletes complaining at Beijing Olympics 2022?

February 09, 2022 02:12 PM AEDT| By Toshiva Jain

The Winter Olympics are supposed to celebrate happy evenings that lay a path for the most exciting winter sports. The 2022 Winter Olympics is organised in Beijing, China. The sports event began on January 4 and will go on till 20 January. However, .....

 Ford Motor (F) starts shipping E-Transit vans in US as orders flood in

Ford Motor (F) starts shipping E-Transit vans in US as orders flood in

February 09, 2022 11:38 AM AEDT| By Versha Jain

Highlights Ford Motor Company (F) starts shipping its E-Transit commercial vans across the US. The company has already received 10,000 orders from 300 customers for the vans. Ford’s Kansas City plant will assemble all electric ve.....

 Aluminum’s record high price means a windfall for stocks?

Aluminum’s record high price means a windfall for stocks?

February 09, 2022 11:29 AM AEDT| By Rupam Roy

Highlights Aluminum price hit a 13-year high of US$3,235 on Tuesday. Leading aluminum producer Slovalco cut its output by around 60%. Aluminum stocks in LME-registered warehouses fell to their lowest level since 2007. Aluminum prices hit .....

 Amazon hikes base salary for its employees to $350,000

Amazon hikes base salary for its employees to $350,000

February 08, 2022 08:51 PM AEDT| By Priyanka Payal

Highlights  Amazon Inc. announces its decision to more than double the maximum base salary it pays to its employees to US$350,000. In its fourth-quarter results announced last week, Amazon revealed that its net sales increased 9% to US$137.....

 US renews calls on China to fulfil Trump-era trade commitments

US renews calls on China to fulfil Trump-era trade commitments

February 08, 2022 02:38 PM AEDT| By Sanjeeb Baruah

US officials on Monday renewed calls on China to fulfill its promises made in a trade pact with than Trump administration to buy US$200 billion worth of American goods, Reuters reported. The officials asked China to take "concrete action" to meet .....

 Meta (FB) builds shield after avatars ‘harass’ proxies in metaverse

Meta (FB) builds shield after avatars ‘harass’ proxies in metaverse

February 08, 2022 10:09 AM AEDT| By Team Kalkine Media

Highlights Some users have faced harassment on Meta’s Horizon network, its virtual reality platform. The protective function will be turned on by default. Meta Platforms had opened its virtual reality platform to the public in North Am.....

 Frontier Group (ULCC) to acquire Spirit Airlines for US$6.6 billion

Frontier Group (ULCC) to acquire Spirit Airlines for US$6.6 billion

February 08, 2022 06:35 AM AEDT| By Rupam Roy

The Colorado-based airline holding company, Frontier Group Holdings, Inc (NASDAQ: ULCC), is acquiring its rival Spirit Airlines Inc. (NYSE: SAVE) for US$6.6 billion in a cash-and-stock deal. The purchase is expected to help Frontier compete with l.....

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