World news

Bentley all set to go electric!

January 27, 2022 08:45 PM AEDT| By Sonal Goyal

Highlights Bentley Motors has reaffirmed that by 2050, the company will go completely electric. Bentley will be launching five EVs staring in 2025. The company will be investing around 2.5 billion pounds over the next decade for the “gam.....

Athletes to watch at Beijing Olympics 2022

January 27, 2022 02:49 PM AEDT| By Toshiva Jain

Highlights The Winter Olympics 2022 will kick start on February 4 and will continue till February 20. Top athletes of this season have had inspiring journeys, hail from small villages and have risen to become world leaders in their respective s.....

Japan’s Panasonic to invest US$700 mn for Tesla battery production

January 26, 2022 01:00 PM AEDT| By Versha Jain

Highlights Panasonic will produce next-gen lithium-ion batteries for Tesla from 2023. The Panasonic (OTC: PCRFY) stock was trading at around US$11.3 on Monday. Tesla, Inc. (NASDAQ: TSLA) stock was priced at around US$877. Japa.....

Is Jaycar Electronics eyeing an ownership change?

January 25, 2022 11:25 PM AEDT| By Sukriti Nair

Highlights Few media reports indicate a potential ownership change at Jaycar Electronics. Jaycar is a well-known electronics retail chain in Australia and New Zealand. Is the Australian electronics retailer, Jaycar, looking for a new owner.....

A journey into the future: How the world may look like in 2050

January 25, 2022 01:07 PM AEDT| By Aditi Saha

Highlights Over the next few years, the number of smart cities around the world is predicted to explode. By 2050, smart cities will be home to 70% of the world's population. City: 2050 will be modernised, technologically advanced, and will mak.....

Reliance Industries (RIL) crafts roadmap for Indian EV market

January 25, 2022 05:06 AM AEDT| By Farzan Moharkan

Highlights On Dec 31, 2021, Reliance Industries Ltd announced the acquisition of British battery manufacturer Faradion for 100 million pounds. Faradion, one of the leading global battery companies known for its sodium-ion battery technology, i.....

Who is Zara Rutherford & what should you know about her?

January 23, 2022 12:26 AM AEDT| By Toshiva Jain

Highlights Zara Rutherford has become the world’s youngest woman to travel the world solo. The Belgian-British teenager embarked on her journey on 18 August 2021, and she landed at Kortrijk-Wevelgem airport in Flanders on 20 January 2022......

In tit-for-tat move, US suspends 4 Chinese airlines in Omicron row

January 22, 2022 10:03 AM AEDT| By Versha Jain

The US on Friday said it would suspend 44 China-bound flights from the US by Chinese carriers after Beijing suspended several American carriers over Omicron concerns. The US Transportation Department said it is suspending China-bound fligh.....

Intel to spend US$20 billion on new chip manufacturing hub in Ohio

January 22, 2022 05:33 AM AEDT| By Rupam Roy

Highlights Intel to invest US$20 billion for building two new chip plants in Ohio. It will also invest an additional US$100 million to help build the manufacturing site in partnering with educational institutions. The project is expected to cr.....

Why emerging markets are on investors’ radar?

January 22, 2022 01:30 AM AEDT| By Sukriti Nair

Highlights Emerging Markets witness rapid economic growth but have low per capita income and experience currency swings. Being undervalued, investors eye emerging markets as an investment option. One can adopt various ways to invest in emergin.....

What is Twitter’s new feature about NFT and profile picture?

January 21, 2022 04:29 PM AEDT| By Jasmine Anand

Highlights Twitter comes up with a new feature, allowing its users to display their NFTs as their profile pictures. New NFT avatars would appear in a hexagonal border instead of a circle. At present, the service is extended to Twitter Blue sub.....

Pfizer covid vaccine for kids under five on the anvil

January 21, 2022 07:06 AM AEDT| By Sanjeeb Baruah

White House chief medical advisor Anthony Fauci has said that the US Food and Drug Administration (FDA) could authorize a Pfizer-BioNTech Covid-19 vaccine for children under five years next month. In an interview with an NGO, he said that it could.....

Amazon to open first physical store near Los Angeles

January 21, 2022 03:19 AM AEDT| By Sanjeeb Baruah

Amazon.com Inc (AMZN) will open its first apparel store near Los Angeles this year, managing director Simoina Vasen said on Thursday. It will be smaller than a typical departmental store but will have unique virtual features to guide the customers......

Brunton, Ozkurt Join Northeast Water Leadership Team at WSP USA

January 21, 2022 03:00 AM AEDT| By 3BL

NEW YORK, January 19, 2022 /3BL Media/ - Jennifer Brunton and Ozlen Ozkurt have assumed key leadership positions in the Water business line at WSP USA, a premier engineering and professional services...

Monash (ASX:MVF) shares closed over 4% higher today. Here's why

January 20, 2022 08:38 PM AEDT| By Samta

The shares of ASX listed Monash IVF Group Ltd (ASX:MVF) have gained today after the Group updated on its IVF treatments. The scrip closed 4.52% higher at AU$1.04 today. The Victorian Minister of Health had previously announced a .....

What led to Grayscale Bitcoin Trust’s (GBTC) record-high discounts?

January 20, 2022 05:39 PM AEDT| By Jasmine Anand

Highlights Grayscale Bitcoin Trust, a popular crypto fund, has been witnessing steep discounts in the trading of its share. GBTC’s discount has reached 26.5%, the highest in the last 12 months. Some of the reasons for the same can .....

Uber Australia gets into car-sharing biz, acquires Car Next Door

January 20, 2022 04:49 PM AEDT| By Samta

The global ridesharing company Uber has strengthened its market position by snapping an Aussie peer-to-peer car-sharing platform. Expanding its Australian operations, the company announced today that it has acquired Sydney-based car sharing platfo.....