World news

Walmart is ready to penetrate the Metaverse world
January 19, 2022 05:36 PM AEDT| By Jasmine AnandHighlights Renowned retailer Walmart is taking a leap into the Metaverse and blockchain technology. It aims to introduce NFTs and create its own crypto in the future and has filed applications for the same. To explore emerging technologies and.....

Microsoft buys Activision Blizzard to become third-largest gaming firm
January 19, 2022 03:38 AM AEDT| By Rupam RoyHighlights Microsoft said it would acquire Activision Blizzard for nearly US$69 billion in an all-cash deal. Since July, Activision has fired over three dozen employees and disciplined around 40 more staff members over sexual harassment and mis.....

What is Code Brown? What it means on Australia's deadliest pandemic day?
January 18, 2022 08:29 PM AEDT| By Sukriti NairHighlights Australia’s Covid heat is blazing hot as the death count keeps rising higher. The surge in Covid infected persons is calling for more healthcare assistance. Staff shortages and PPE worries have forced Victoria to declare.....

Will Tonga’s post-Tsunami crisis affect NZ economy as well?
January 18, 2022 05:39 PM AEDT| By ManikaHighlights On 15 January, a major volcanic eruption occurred in the South-East Island of Tonga. Significant damage has been reported where all communication lines have been disrupted. New Zealand which is a neighbouring island country ha.....

Why is Singapore alerting people against crypto marketing services?
January 18, 2022 03:59 PM AEDT| By Jasmine AnandHighlights Singapore’s Central Bank has issued guidelines to limit activities of crypto players for marketing or promoting their services to retail investors. To protect interests of the general public and shield them from extreme price f.....

Australian tech investment firm CPC wins legal battle against Apple
January 18, 2022 10:55 AM AEDT| By SamtaAn Australian tech investment firm – Charter Pacific Corporation’s (CPC) subsidiary CPC Patent Technologies has won a legal battle against Apple it. The tech giant failed to get a patent infringement lawsuit dismissed, for which CPC dra.....

AU$500 for two tests: ACCC sends warning to RAT price gougers
January 17, 2022 08:52 PM AEDT| By AayushHighlights The ACCC received reports that RATs are costing up to an exorbitant price of AU$500 for two tests. ACCC said that these tests are being sold in the wholesale market to as low as AU$3.95. Reports also include a store recording the sa.....

Why does China want to strengthen economic ties with New Zealand?
January 17, 2022 08:48 PM AEDT| By ManikaEven though diplomatic ties between China and New Zealand are getting strained, both countries are keen on deepening economic ties. An indication of this is likely the appointment of a new Chinese ambassador who has previously worked on the Belt an.....

Credit Suisse chairman resigns over COVID-19 rules breach
January 17, 2022 08:31 PM AEDT| By Sukriti NairGlobal conglomerate’s chairman Antonio Horta-Osorio has quit Switzerland-based bank Credit Suisse, on an internal probe over COVID-19 rules breach. Why is the Credit Suisse top boss quitting? In not just one year after he took charge, Osori.....

What led to Cardano’s price rise during weekend?
January 17, 2022 07:04 PM AEDT| By Jasmine AnandHighlights Cardano, the fifth most popular crypto worldwide, is seeing the maximum rise in its prices over the past seven days as compared to its peers. It rose by more than 19% since the last week, owing to a boost in investors' confidence. I.....

Australia and other Pacific islands under Tsunami alert
January 16, 2022 09:07 PM AEDT| By SamtaHighlights People have posted Videos of giant waves crashing the buildings on social media from Tonga. Authorities have advised the people to move away from the coastline in Australia, Japan, the US, and Hawaii. Scientists obs.....

Djokovic fights back as Hawke revokes Visa
January 16, 2022 09:04 PM AEDT| By SamtaHighlights The Australian Immigration Minister has cancelled the tennis star’s visa, considering a possible threat to public health. Djokovic's lawyers have argued that the Government failed to consider Djokovic's view on his vaccin.....

Has COVID-19 pandemic proven more hostile to developing economies?
January 15, 2022 01:35 AM AEDT| By Anam SiddiquiHighlights Unlike advanced economies, developing countries would not be able to achieve pre-pandemic economic levels by 2023. As per the WHO, 85% of people in Africa have not received a single COVID-19 vaccine dose, while 36 countries hav.....

UNESCO & floodplain councils slam NSW’s Warragamba Dam proposal
January 14, 2022 07:29 PM AEDT| By SamtaHighlights UNESCO’s World Heritage Committee has slammed the NSW government’s plans to raise the Warragamba Dam wall. ICOMOS has strongly opposed the idea of raising the dam wall as the dam fails to comply with obligations to protec.....

What is Australia doing to mitigate its supply chain woes?
January 14, 2022 06:46 PM AEDT| By RitwikaHighlights Experts have suggested self-driving trucks and migrant workers could now solve the problem of the crumbling food supply chain in Australia. Most food and logistics workers are either sick or in isolation, resulting in the food and be.....

From Toyota to Audi: How leading carmakers are planning to go 100% electric
January 14, 2022 06:24 PM AEDT| By Priyabrata PrustyHighlights Of late, demand for electric vehicles (EV) have been rising with higher fossil fuel price being one of the prime reasons. Global EV sales were expected to cross 6.4 million in 2021, up 26% over 2020. Volkswagen in its bid to challen.....

NSW government extends rent relief for small businesses
January 14, 2022 02:42 PM AEDT| By SamtaHighlights The NSW government has extended the code of conduct, giving rent deferrals and waivers to the commercial tenants. Businesses from several industries have gone through a rough patch during Christmas and New Year. The commercial and .....

Pay cuts & reduced sick pay for unvaccinated employees in MNCs!
January 13, 2022 07:11 PM AEDT| By Toshiva JainHighlights The UK Prime Minister, Boris Johnson recently announced that most patients who are seriously affected due to Omicron are the ones that are not vaccinated. Google announced in mid-December that it will implement pay cuts and eventuall.....

Novak Djokovic’s VISA conundrum continues as Hawk delays decision
January 13, 2022 06:26 PM AEDT| By SamtaHighlights Tennis champion Novak Djokovic has been waiting for the final decision on his visa. It is very tough to determine the last call as the immigration minister faces a tight timeframe. The Australian Border officials may turn up at the.....

Are there foreign policy challenges looming for NZ in 2022?
January 13, 2022 03:57 PM AEDT| By ManikaHighlights New Zealand faces several foreign policy challenges in 2022. The country’s top priority is its relations with China and how to balance it. Emerging as a major voice for climate change is another one. The COVID-19 pandemic.....
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