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World news
Will Brookfield acquire La Trobe from Blackstone Group?
March 11, 2022 01:26 PM AEDT| By Sukriti NairHighlights Canadian investment biggie Brookfield is reportedly seeking to acquire La Trobe Financial. Brookfield wants to takeover La Trobe’s majority stake held by the Blackstone Group. Investment interest in the Australian credit provi.....
India's Gufic Bioscience to collaborate with Australia's Selvax
March 10, 2022 07:23 PM AEDT| By SamtaHighlights Australia based Selvax and India's Gufic Biosciences are entering into a research and collaboration agreement. Orbit Financial Capital is the exclusive financial advisor to the transaction. Selvax aims to develop safe, ef.....
Elon Musk ships new technology to Ukraine, Mykhailo Fedovor thanks him
March 10, 2022 07:18 PM AEDT| By Sonal GoyalHighlights Mykhailo Fedovor, vice prime minister of Ukraine, has thanked Elon Musk, as Ukraine has received second shipment of Starlink Rapid Deployment kits. Starlink Rapid Deployment kits assist in emergency communication. Northern NSW.....
Moderna boosts vaccine development, soon to start recruitment drive
March 10, 2022 05:04 PM AEDT| By SamtaHighlights Spikevax’s Moderna has boosted its vaccine development in Australia. The company expects to launch a local manufacturing plant by the end of 2024. It will soon start its recruitment drive to ensure enough talent.&n.....
PM Morrison declares floods a national emergency, vows more support
March 09, 2022 08:14 PM AEDT| By RitwikaHighlights PM Scott Morrison visited flood-hit areas in NSW and Queensland and declared floods a national emergency. Morrison pledges more financial support for the communities affected in these areas. The payments will be made to the ones who.....
McDonald’s, Coca-Cola, Starbucks suspend operations in Russia
March 09, 2022 02:15 PM AEDT| By Sonal GoyalHighlights McDonald's informed that it is closing around 850 restaurants temporarily but will continue to pay its employees in Russia. Leading technology companies, such as Microsoft, Facebook, Google, Facebook (Meta) and Apple have also impose.....
New South Wales floods: PM Morrison may declare ‘national emergency’
March 09, 2022 02:12 PM AEDT| By Bhawna GuptaHighlights PM Scott Morrison is expected to declare a floods “national emergency”. It will be the first such emergency announcement since December 2020, when laws were passed. As floods batter eastern Australia, tens of thousands o.....
IEA ready to release more oil as prices touch record highs
March 09, 2022 02:01 PM AEDT| By RitwikaHighlights IEA members are ready to release 60 million barrels of crude oil from their strategic petroleum reserves. The oil prices have hit 14-year-high in the last week to US$139 per barrel The additional supply of crude oil is expected to f.....
IPCC Issues Dire Warning on Climate Change: Time Is Running Out
March 09, 2022 02:35 AM AEDT| By 3BLThe scientific consensus is that climate change is responsible for warming of temperatures, rising seas as icebergs melt, greater intensity of storms (hurricanes, cyclones, and super rainstorms), and...
3BL Media Updates 3BL Professional Platform With 'Meet the Audience' Data
March 09, 2022 12:30 AM AEDT| By 3BLNORTHAMPTON, Mass., March 8, 2022 /3BL Media/ – 3BL Media, the world's leading communications partner for purpose-driven organizations, announced today the release of enhanced “meet yo...
3BL Media Updates 3BL Professional Platform With 'Meet the Audience' Data
March 09, 2022 12:30 AM AEDT| By 3BLNORTHAMPTON, Mass., March 8, 2022 /3BL Media/ – 3BL Media, the world's leading communications partner for purpose-driven organizations, announced today the release of enhanced “meet yo...
Aussie-German fundings to boost hydrogen industry
March 08, 2022 06:59 PM AEDT| By SamtaHighlights Morrison Government boosts Australia’s position as a global leader in hydrogen via HyGATE. HyGate is a hydrogen innovation and technology incubator initiated by the Australian and German governments. HyGate is one of the.....
Uniqlo to keep its stores open in Russia amid turmoil
March 08, 2022 04:01 PM AEDT| By Aditi SahaHighlights Uniqlo, a Japanese clothing manufacturer, will continue to operate in Russia amid turmoil. Since Putin invaded Ukraine, big corporations, ranging from Disney to Apple, have exited the Russian market. There have been appeals for a bo.....
International Women’s Day 2022: Meet Australia’s top businesswomen
March 08, 2022 03:29 PM AEDT| By Bhawna GuptaThere was a time when men used to get all the attention in the business world in most countries. Today, time is not the same as many women are coming forward to break this gender stereotype. However, it is a bitter truth that women in Australia st.....
Film Victoria rebrands as VicScreen, announces AU$40M programme
March 08, 2022 01:48 PM AEDT| By Aditi SahaHighlights Film Victoria has rebranded itself as VicScreen and announced an AU$40 million investment in multi-pronged initiatives to promote the growth of the digital games sector. Film Victoria CEO Caroline Pitcher, Minister for Creative Indus.....
Where is Australia's nuclear submarine and AU$10B spend headed?
March 08, 2022 01:17 PM AEDT| By Sukriti NairHighlights Australia to squeeze timelines for its nuclear submarines with more updates in coming months. PM estimates an AU$10 billion spend for the new submarine base in the Australian east coast. The project timeline anticipated the first su.....
Probuild in news again, as Robert Co shows interest in its Victorian assets
March 07, 2022 06:14 PM AEDT| By Sonal GoyalHighlights Robert co, a Sydney-based builder, intends to buy the Victorian assets of the Probuild. With the completion of transaction, Robert Co would get a considerable exposure to the Victorian infrastructure and construction market. Wilson .....
Netflix, TikTok shut down operations in Russia to avoid crackdown
March 07, 2022 02:55 PM AEDT| By RitwikaHighlights The crackdown on media by Russian authorities has forced Netflix and TikTok to suspend their services in the country. Several US-based credit card companies have stopped their operations in Russia. Tech giants such as Samsung, Apple.....
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Australian cricket legend Shane Warne dies aged 52
March 05, 2022 03:13 AM AEDT| By Daniel Paul JohnsCricket legend Shane Warne has died at the age of 52, his manager James Erskine said in a statement early on Saturday. The former test leg spinner was found unresponsive in his vila in Thailand after a suspected heart attack, Erskine said. Warne i.....
How could Russia seizing Zaporizhzhia nuclear plant impact the world?
March 04, 2022 08:56 PM AEDT| By Sundeep RadeshHighlights Russian shelling set a five-story building ablaze while one of the six nuclear power units was working The fire was subsequently put out and Russia is now in possession of Europe’s biggest nuclear power plant Ukraine President.....
