World news

Energy giant BP exits Russian Rosneft grieved by Ukraine invasion
February 28, 2022 03:29 PM AEDT| By Sukriti NairHighlights British energy giant BP to exit from Russian Rosneft in response to Russian attacks on Ukraine. BP believes the Russian exit is in best long-term interest of all its shareholders. BP’s exit puts the spotlight on other Western .....

Australia to produce its next astronaut; invests A$65M to Australian Space Agency
February 25, 2022 08:18 PM AEDT| By RitwikaHighlights The Australian federal government has launched an investment plan to support the growth of the space industry in the nation. The objective of the investment is to find the successor or Andy Thomas. Andy Thomas was the last Australia.....

Portugal’s EDP Renewables to make Singapore its APAC clean energy hub
February 25, 2022 07:37 PM AEDT| By Sukriti NairHighlights Portugal’s EDP Renewables invests SG$1.1 billion in Singapore’s Sunseap. EDPR looks forward to making Singapore its APAC region clean energy hub. EDPR and Sunseap to reap synergy benefits of Singapore Green Plan 2030. .....

What is NATO? What is its role in the Russia-Ukraine conflict?
February 25, 2022 06:29 PM AEDT| By Akanksha VashishtHighlights Russian military forces recently entered Ukraine armed with missiles and artillery. NATO has agreed to stand in solidarity with Ukraine. Since Ukraine is technically not a member of NATO, its involvement in the issue has raised some.....

Russia, Ukraine Stand-off: How will it impact NZ growth funds?
February 24, 2022 07:47 PM AEDT| By Team Kalkine MediaHighlights Russia declares war on Ukraine. Economic sanctions imposed by the US. Growth funds and KiwiSaver to sell their share held in Russian companies. Even as Russia launched a full-scale invasion campaign against Ukraine, New Z.....

Here’s why Ukraine is so important for Russia and the West
February 24, 2022 05:35 PM AEDT| By Sukriti NairHighlights Russia will begin military operations in Eastern Ukraine, announced President Putin today Europe and West would bear the brunt of Putin’s move as supplies from Russia and Ukraine might get impacted. Russia-Ukraine crisis can p.....

Russia declares war on Ukraine: How Biden & other world leaders are reacting
February 24, 2022 04:19 PM AEDT| By Khushboo JoshiIn a significant development, Russian President Vladimir Putin today (February 24) announced a ‘special military operation’ in Ukraine. Putin has also warned other nations that if they try to interfere with this Russian activity, it wou.....

Russia announces ‘military operation’ in Ukraine, warns West
February 24, 2022 03:09 PM AEDT| By Bhawna GuptaRussia will begin military operations in Eastern Ukraine, according to Russian President Vladimir Putin, in what appears to be the final build-up to an attack that the US and its European allies have been trying to avoid for weeks through diplomati.....

Ukraine declares emergency, asks citizens to leave amid Russia threat
February 24, 2022 11:47 AM AEDT| By Sanjeeb BaruahHighlights The situation at the Ukrainian border remained tense after President Vladimir Putin on Feb 21 recognized the sovereignty of the rebel-held Donetsk and Lugansk People’s Republics. Foreign Minister Dmytro Kuleba has appealed for .....

What sanctions has Canada imposed on Russia over Ukraine crisis?
February 24, 2022 03:41 AM AEDT| By Sundeep RadeshHighlights Canada will be sending 460 more troops to Latvia to bolster Nato forces there Prime Minister Justin Trudeau called Russia’s actions ‘brazen provocations’ Canada’s sanctions are not too different from the US&r.....

Emissions Targets Set by Large Firms: Promises Made - Promises Kept?
February 24, 2022 03:00 AM AEDT| By 3BL“Put your stakes in the ground to set expectations with your company’s investors and other stakeholders.” That is among the pieces of expert advice often offered to newly-named CEOs....

Trump’s Truth app tops Apple (AAPL) store downloads; Can it rival FB?
February 23, 2022 07:48 AM AEDT| By Versha JainTruth Social app, launched by ex-president Donald Trump-led Trump Media & Technology Group (TMTG), was downloaded around 170,000 times since its launch on the Apple Inc (AAPL) store app on Sunday evening. Although Trump’s clash with Face.....

World Environment Center Elects 2022 Board Officers
February 23, 2022 06:30 AM AEDT| By 3BLFebruary 22, 2022 /3BL Media/ - The World Environment Center (WEC) Board of Directors has elected new Officers to lead the organization in 2022. The Board thanks its outgoing Chair, Scott Tew, VP Sust...

Ukraine crisis: What Western sanctions mean for Russia?
February 23, 2022 03:56 AM AEDT| By Sanjeeb BaruahThe United States and its allies are considering a series of sanctions against Moscow in the wake of the Russian annexation of the two “breakaway” regions of Ukraine this week. President Vladimir Putin on Monday ordered troops into Don.....

Apple supplier Luxshare plans to raise US$2.1B for expansion plans
February 22, 2022 06:09 PM AEDT| By Bhawna GuptaHighlights Apple supplier Luxshare plans to issue a total of 2.1 billion shares to up to 35 investors. The new share issue is subject to shareholders and regulatory approvals. The company will use the money to manufacture intelligent wearable .....

Crypto firm Amber Group gets a Temasek valuation of US$3B
February 22, 2022 04:22 PM AEDT| By Sukriti NairCrypto firm Amber Group has bagged in a valuation of US$3 billion from investment company Temasek. Amber group has raised US$200 million in its recent funding round led by the Singapore based Temasek. Besides Temasek, Sequoia China, Tiger Global Ma.....

Jetstar announces AU$22 domestic flights sale, site crashes
February 22, 2022 01:34 PM AEDT| By Bhawna GuptaHighlights The Jetstar sale offers incredibly low fares to more than 50 locations. The flights will take place between mid-October and late-November 2022. VTL flights from Phuket, Clark, Manila, and Perth to Singapore will also increase the nu.....

BYD to launch first electric SUV Atto 3 in Australia
February 18, 2022 09:14 PM AEDT| By Bhawna GuptaHighlights Last year in Feb, BYD had informed that it was planning to build electric utes in Australia. Following this, the Chinese manufacturer BYD is all set to roll out its first electric vehicle in Australia on Saturday night. A .....

One out of five Australians left their jobs last year: NAB
February 18, 2022 05:48 PM AEDT| By Priyanka PayalHighlights NAB study reveals that one among five Aussies have changed jobs in the last 12 months. The research says that job turnover was highest for general unskilled workers, followed by labourers and other IT and technology workers. S.....

Tech sector gyrates between gains and losses as FB, GOOGl face heat
February 17, 2022 07:32 AM AEDT| By Rupam RoyThe US technology sector swung between gains and losses as various issues bogged down the industry. Besides global supply woes, the heavyweights in the industry face an increasing regulatory heat that could potentially reshape their processes and e.....