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World news
UBS, StanChart, BNP Paribas join NAB on Carbonplace project
February 16, 2022 08:36 PM AEDT| By Bhawna GuptaThe financial institutions developing a new technology platform for the voluntary carbon market informed on Tuesday (15 February 2022) that three new banks have joined the project as founding members. The project, which was started as “Proje.....
What does NZ’s AI-tech start-up Soul Machines want to do with latest funding?
February 15, 2022 07:56 PM AEDT| By SonalHighlights Soul Machines raised US$70 million in Series B1 financing on Monday. SoftBank Vision Fund 2 was the lead investor, with fresh investors joining in as well. New investment will help the company in pursuing deeper research into replic.....
Freight trains up & running in South Australia again!
February 15, 2022 07:29 PM AEDT| By Sonal GoyalHighlights The railway line connecting Northern Territory, Adelaide, and Western Australia was closed for more than three weeks. Now, the railway line finally reopened today. The Stuart Highway is open for emergency vehicles, heavy vehicles, l.....
New budget carrier Bonza reveals 25 routes, connecting 16 destinations
February 15, 2022 06:25 PM AEDT| By Bhawna GuptaHighlights Bonza will offer ultra-low-cost fares to major holiday spots and rural communities. The aviation start-up will launch eight aircraft in the first year of its operations. Bonza's first five aircraft will touch 25 routes. Aus.....
Top US official taunts China on trade war with Australia
February 15, 2022 02:30 PM AEDT| By Sonal GoyalHighlights Harsh trade restrictions were introduced by China, with the aim to weaken the Australian economy. However, the trade restrictions backfired on China. US Secretary of State Antony Blinken taunted China in a conversation about a trade.....
On 20th anniversary, PayPal (PYPL) caps era of growth, sets new goals
February 15, 2022 11:38 AM AEDT| By Rupam RoyPayPal Holdings, Inc. (NASDAQ: PYPL), which marks its 20th anniversary on Tuesday, has benefited from the increased digitalization. The demand for digital payment services, accelerated by the rapid growth of eCommerce, helped the company expand its.....
AMD finalizes US$50-billion Xilinx purchase in industry’s biggest deal
February 15, 2022 08:16 AM AEDT| By Sanjeeb BaruahHighlights AMD had announced the deal with Xilinx Inc (XLNX) in October 2020. At the time, the chip manufacturer was valued at US$35 billion. But the XLNX stock’s price gains have pushed the valuation higher. In what is being call.....
WEC President & CEO Glenn Prickett Interview With Peter Schnurrenberger, Chief SHE Officer at Roche
February 15, 2022 06:30 AM AEDT| By 3BLFebruary 14, 2022 /3BL Media/ - WEC President & CEO Glenn Prickett spoke with Peter Schnurrenberger, Chief SHE Officer at Roche, on the eve of his retirement to discuss his work at Roche and his v...
Novavax vaccine now available in Australia - here's how to get it
February 14, 2022 08:13 PM AEDT| By Priyanka PayalHighlights Novavax, a protein vaccine, is now available for Aussies. The vaccine is 90% effective against mild, moderate, and severe illnesses. The Australian government has secured 51 million doses of Novavax. Novavax, the first protein .....
Supply chain issues hurting florists this Valentine’s Day, here’s how
February 14, 2022 06:29 PM AEDT| By Bhawna GuptaHighlights The supply chain industry failed to recover much after the COVID-19 pandemic. Due to the shortage of staff and a lack of raw materials, manufacturers could not record gains. COVID-19 restrictions have impacted the florists all over .....
Ford Motor Co (F) mulls setting up EV manufacturing hub in India
February 12, 2022 10:00 AM AEDT| By Sanjeeb BaruahFord 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
February 12, 2022 07:56 AM AEDT| By Versha JainHighlights 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
February 12, 2022 12:00 AM AEDT| By Rupam RoyAs 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
February 11, 2022 09:08 PM AEDT| By Sukriti NairHighlights 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
February 11, 2022 01:26 PM AEDT| By Sukriti NairHighlights 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
February 11, 2022 07:00 AM AEDT| By 3BLNot 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
February 10, 2022 08:35 PM AEDT| By RitwikaHighlights 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?
February 10, 2022 08:35 PM AEDT| By Bhawna GuptaThe 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
February 10, 2022 03:23 PM AEDT| By RitwikaHighlights 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
February 10, 2022 10:28 AM AEDT| By Sanjeeb BaruahHighlights 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.....
