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The ASX abandons push to require companies to have a social licence to operate. Was it only ever 'politically correct nonsense'?

Mar 04, 2019 12:58 pm UTC| Insights & Views Politics Business

After months of debate, the Australian Securities Exchange last week dumped a proposal to include reference to a social licence to operate in its updated Corporate Governance Guidelines. It was wrong to do so. The...

What Will Self-Driving Vehicles Mean for Car Accidents?

Mar 04, 2019 05:19 am UTC| Business

Weve been talking about self-driving vehicles for decades now. But were finally at a point in history where prototypes and models are being used on actual roadways. The question is, how will they impact safety? The...

How to Create a Business Profile on Instagram

Mar 04, 2019 05:17 am UTC| Business

More than 80% of top brands in the world today have a social media presence and especially an Instagram account. Instagram has a very high engagement rate as compared to other social media sites such as Facebook and...

7 Interesting Facts You Didn't Know About The Watches For Men

Mar 04, 2019 05:15 am UTC| Business

For a long time, many people have thought that the only reason they need a watch to manage their time correctly. Well, that is true, but that is not the only thing that people are using watches especially men. You see,...

Deconomy Forum is Back and Even Better than the Last And Here is What to Expect from Seoul this April

Mar 04, 2019 00:44 am UTC| Business

Developer and author of Mastering Bitcoin, Andreas Antonopoulos, founder of Ethereum, Buterin Vitalik, Economist and main antagonist of blockchain (aka Dr. Doom), Nouriel Roubini, creator of Pretty Good Privacy, the most...

Why 2019 is for Day Traders Rather than Investors?

Mar 01, 2019 15:45 pm UTC| Business

The boom in information has affected our collective and individual behavior, with tech giants trying to manage big data sets by using artificial intelligence (AI) and machine learning techniques to ensure a tailored...

Inventions for Women that Will Instantly Improve Your Quality of Life

Mar 01, 2019 15:41 pm UTC| Business

Inventions are usually recognized as hyper-technical innovations, related to advanced science that will change the lives of millions of people. However, there are some simple inventions that have had more of an impact in...

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Economy

US Dollar Heads for Worst Week Since July as Fiscal Concerns Mount

The U.S. dollar was on course Friday for its steepest weekly decline since late July as mounting fiscal concerns and unusual Treasury market intervention weighed on investor confidence. The U.S. Dollar Index, which...

Gold Prices Hit Three-Month High as Dollar Weakens

Gold prices surged to a three-month high on Friday and headed for strong weekly gains as a weaker U.S. dollar and mounting concerns over Treasury yields and government debt boosted demand for the precious metal. Spot gold...

Wall Street Ends Higher as Crypto Stocks and Materials Rally

Wall Street closed higher on Friday as gains in materials and cryptocurrency-related stocks helped offset renewed pressure from rising U.S. Treasury yields and elevated oil prices. The SP 500 gained 0.4% to finish at...

US Debt Tops $40 Trillion as Global Borrowing Costs Surge

U.S. government debt has surpassed $40 trillion for the first time, highlighting growing fiscal pressures as major economies face rising spending demands from ageing populations, defence, climate change and higher interest...

UK Budget Swings to Surprise £1.8 Billion Deficit in July

Britain recorded an unexpected 1.8 billion ($2.5 billion) budget deficit in July, as inflation-driven government spending outweighed record self-assessed income tax receipts, highlighting continued pressure on the UKs...

Politics

Prince Harry Faces Potential Multi-Million-Pound Legal Bill in Daily Mail Case

Prince Harry could soon learn how many millions of pounds he and other claimants must pay toward the legal costs of the publisher of the Daily Mail after losing a high-profile privacy lawsuit. On Friday, London High Court...

Russia Arrests Nine Over Alleged Ukraine-Linked Attack Plans

Russian authorities have arrested nine people in separate cases involving alleged plans to target strategic infrastructure and government sites, according to state news agencies citing the Federal Security Service (FSB)....

US Plans ‘Toughest Sanctions in History’ on Iran, Bessent Says

U.S. Treasury Secretary Scott Bessent said Washington is preparing to impose sweeping new sanctions on Iran, reinforcing President Donald Trumps push to intensify economic pressure on Tehran amid ongoing tensions and...

Trump Eyes Kim Jong Un Summit as North Korea Sets Tough Terms

U.S. President Donald Trump is seeking another meeting with North Korean leader Kim Jong Un later this year, but Pyongyangs guarded response suggests renewed diplomacy could depend on major changes in U.S. policy toward...

Myanmar Military Pushes to Clear Land for Russia-Backed Dawei SEZ

Myanmars military has deployed hundreds of troops around the Russia-backed Dawei Special Economic Zone (SEZ), as authorities seek to revive the strategically important project in the countrys southern Tanintharyi Region....

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Samsung Shares Rise on $72 Billion Shareholder Return Plan

Samsung Electronics shares climbed on Friday following reports that the South Korean technology giant is preparing a shareholder return package potentially exceeding 100 trillion won ($72 billion). Samsungs board is...

Alibaba Shares Fall as AI Spending Hits Profit

Alibaba shares dropped nearly 3% in Hong Kong trading on Friday after the Chinese technology giant reported a steep decline in quarterly profit, as aggressive artificial intelligence investment weighed on earnings and cash...

Samsung Eyes $72 Billion Shareholder Return Plan as AI Chip Boom Fuels Profits

Samsung Electronics is reportedly preparing a new shareholder return policy worth more than 100 trillion won ($71.75 billion), as booming demand for artificial intelligence chips drives expectations of record profits at...

SK Hynix Shares Surge on Record $28.6 Billion Buyback

SK Hynix shares staged a strong rebound on Thursday after the South Korean memory-chip giant announced a record 40 trillion won ($28.6 billion) share buyback and cancellation plan, providing fresh confidence to investors...

OpenAI Revenue Rises 18% in Q2 as Losses Widen and Anthropic Surges Ahead

OpenAI reported an 18% increase in second-quarter revenue, but widening losses and rapid growth at rival Anthropic are adding pressure on the ChatGPT maker, according to The Wall Street Journal. OpenAI told investors that...