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World news
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.....
Singapore Airlines becomes the first airline to sign the Global SAF Declaration
February 16, 2022 08:44 PM AEDT| By SamtaHighlights Singapore Airlines has signed the Global Sustainable Aviation Fuel (SAF) Declaration. SIA has partnered with Safran, Airbus, and Rolls-Royce to sign the Declaration. SIA is actively accelerating the usage of SAF in Singapore w.....
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, .....
