Australian Prime Minister Scott Morrison said that if Facebook Inc leaves Australia over rules that seek to hold the company accountable for defamation on its platform, it will demonstrate that it has no interest in making the online world safer…. Read More ›
Regulations & Legal
CBI Data Shows Record Cost Inflation For Firms In UK’s Services Industry
A survey of businesses in the British services sector released on Tuesday showed that the input costs for companies in the sector are increasing at their fastest pace in more than 20 years. This finding highlights the reason why… Read More ›
US President Biden To Talk To CEOs Over Supply Chain Crisis As New Covid-19 Threat Looms
President Joe Biden was scheduled to meet with the chief executive officers of big retailers as well as other businesses on Monday to discuss the best way to bring products to the shelves when holiday shopping season in the U.S…. Read More ›
WHO Says Very High Global Risk Posed By Omicron
The highly altered Omicron coronavirus strain is expected to be spread across the globe and carries a significant possibility of outbreaks of infection which could result in “severe consequences” in some locations The World Health Organization (WHO) announced on Monday…. Read More ›
Fuel-Price Spike Helped Growth Of Japan October Retail Sales
Japan’s retail sales grew in the very first instance in the past three months in October. However, it was lower than anticipated, and the overall trend in private consumption suggested that the country is experiencing a prolonged strain on the… Read More ›
Australia will introduce legislation to force tech giants to act on defamatory content: Australian Prime Minister Scott Morrison
In a statement Australian Prime Minister Scott Morrison said, Canberra will soon introduce legislation to make social media giants provide details of users who post defamatory comments. The development comes at a time when the Australian government is looking to… Read More ›
Spread Of The New Coronavirus Variant Omicron Continues As Australia Finds Cases
The latest Omicron coronavirus strain continued to spread throughout the globe on Sunday with two cases reported in Australia and a further two cases in the United States, as more countries attempted to block themselves off with travel restrictions. Health… Read More ›
New Virus Variant Being Monitored By OPEC+ Amid Concerns Of Outlook – Reports
OPEC+ is monitoring developments regarding the coronavirus variant that is emerging according to sources on Friday. Some have expressed concerns that it could alter the outlook for oil markets less than a week prior to the next meeting to decide… Read More ›
Bitcoin Officially Enters Bear Market Territory Due To Concerns Over New Variant
Bitcoin, along with other cryptocurrnecies dropped in value sharply as the largest digital currency of the world in terms of market capitalization touched a seven-week low and officially entered the bear market territory. According to Coin Metrics data, there was… Read More ›
Fertiliser Shortage Threatens Food Crisis For The Poorest
According to the CEO of a large fertiliser company, a global lack of fertilisers is pushing up food costs and putting poorer nations in jeopardy. Higher gas prices, according to Svein Tore Holsether, CEO of Yara International, are driving up… Read More ›