Australia Financial News

As owner, editor and sole reporter of Ku’ku’kwes News, Maureen Googoo starts the day by publishing her latest scoops about Canada’s indigenous communities. Tracking the number of people that flocked to read those stories used to be a pleasure. Nowadays, Ms Googoo says, she dreads it.

tennis obsession.' 'That's 15, love,' he says with a goofy grin. Tennis and love are the subjects of Luca Guadagnino's brilliant Challengers, which I watched on the big screen earlier this year — and that's the only way to watch it, to respect the kinetic, uninhibited energy of a movie that refuses to play it safe. You can call this a mashup of lush romantic drama, erotic thriller, and sports movie about overvaulting ambition. Any way you choose to see it, it makes something like King Richard — about the early struggles of Venus and Serena Williams and their dad — look even more insipid than it already was.

Australian philosopher Peter Singer says that the effective altruism (EA) movement is “alive and well” after FTX founder and EA supporter Sam Bankman-Fried’s downfall, a new piece from Big Think reveals.

Ryan Reynolds and Hugh Jackman's film is all set to be released on July 26. The trailer features a surprising appearance of a superhero character. The final trailer of «Deadpool & Wolverine» features X-23 or Dafne Keen's Laura. In Jackman's 2017 movie 'Logan', Laura was introduced as the Logan's clone. «Are you ready? In ONE WEEK, experience #DeadpoolAndWolverine in theaters everywhere,» Marvel Entertainment wrote in caption for «Deadpool & Wolverine» final trailer.

A major internet outage affecting Microsoft is disrupting flights, banks, media outlets and companies across the world

A grocery code of conduct could stabilize food prices in the future and encourage more investment in the Canadian food industry, according to the president of Kraft Heinz Canada.

A global technology outage grounded flights, knocked banks and hospital systems offline and media outlets off air on Friday in a massive disruption that affected companies and services around the world and highlighted dependence on software from a handful of providers.

Microsoft users worldwide, including banks, reported widespread outages on Friday, hours after the technology company said it was gradually fixing an issue affecting access to Microsoft 365 apps and services. News outlets in Australia reported that bank services were disrupted as they lost access to computer systems. Some New Zealand banks said they were also offline. Australia's largest bank, Commonwealth Bank said some customers had been unable to transfer money due to the service outage.

economic weakness overwhelmed the market’s optimism surrounding interest-rate cuts. Shares in Japan, South Korea and Australia dropped. The S&P 500 fell 0.8% Thursday, extending a drop from the prior session and placing the benchmark on track for its largest weekly decline since April.

A grand experiment is underway in Nevada where an endangered desert wildflower stands in the way of a mining company's plans to dig for lithium to help speed production of batteries for electric cars and other green energy projects

KEC International shares climbed 6% to Rs 940 in Thursday's trade on BSE after the firm secured new orders of Rs 1,100 crore for transmission & distribution (T&D) projects in India, Middle East, Australia and the America. The projects include 765 kV Transmission line and 765 kV GIS substation orders in India, from Power Grid Corporation of India Limited (PGCIL). The company also secured orders for a 132 kV transmission line in the United Arab Emirates (UAE), the supply of towers in Australia and the Americas, and the supply of Hardware and Poles in America.

German Chancellor Olaf Scholz is to visit Serbia later this week to discuss a tentative deal with the Balkan country for the controversial excavation of lithium, a critical substance in making batteries for electric vehicles

A London judge who found that an Australian computer scientist falsely claimed to be the mysterious creator of the bitcoin cryptocurrency says he will refer the case to British prosecutors for possible perjury charges

Asian stocks are mostly lower even as investors wager that the Federal Reserve will come ahead with a cut to interest rates, while Australia's benchmark hit a new record

Craig Wright, the Australian who has long claimed to be Bitcoin founder Satoshi Nakamoto, has been referred to the Crown Prosecution Services (CPS) British High Court Judge James Mellor for a possible perjury charge following a lawsuit by the Crypto Open Patent Alliance (COPA), new court documents reveal.

Jack Black announced he’s cancelling the rest of the Tenacious D world tour after his bandmate Kyle Gass made a joke about the failed assassination of Donald Trump that left him “blindsided.”

The Australian Transactions and Reports Analysis Centre (AUSTRAC) is warning residents down under over growing crypto money laundering risks, according to a newly released report by the financial regulator.

nutraceuticals to the drug regulatory authority from the oversight of the Food Safety and Standards Authority of India (FSSAI) has come under fire from pharma lobby groups and industry experts, who have raised apprehensions over the move and said the proposal should be kept in abeyance until it is discussed in detail. Nutraceuticals refers to food products with extra health benefits and includes supplements, functional foods and beverages. According to industry data, the segment is projected to grow to $18 billion in India by the end of 2025 from $4 billion in 2020. Experts said the regulations for nutraceuticals in the country are aligned with Codex Alimentarius, a global body functioning under the auspices of the World Health Organisation (WHO) to ensure safety of consumers.

LONDON — Craig Wright, an Australian man who claimed to be the inventor of bitcoin, was on Tuesday referred to British prosecutors for committing alleged perjury.

Hyderabad's National Geophysical Research Institute (NGRI) has unearthed new findings shedding light on an ancient link between the Indian subcontinent and Antarctica. Their research provides strong evidence of a collision between India and East Antarctica over a billion years ago, a TOI report stated. In a significant discovery, the NGRI team, which includes Dr. K Chandrakala, OP Pandey, Biswajit Mandal, K Renuka, and N Prem Kumar, uncovered a hidden ridge beneath the Darsi and Addanki regions of Andhra Pradesh. This ridge is attributed to the historic collision, suggesting a tilting of the Cuddapah basin towards the south. The study further indicates signs of past seismic activity in the area, hinting at the presence of a marginal ocean basin along the east coast during the Columbia and Rodinia supercontinent assembly periods. By reprocessing seismic data along a 325-kilometer profile from Alampur to Ganapeswaram, the team investigated the subsurface crustal seismic structure of the north Cuddapah basin. Their findings revealed a thin layer of alluvium underlain by Gondwana sediments and Proterozoic sedimentary layers. Gondwana, a supercontinent encompassing present-day South America, Africa, Arabia, Madagascar, India, Australia, and Antarctica, played a crucial role in the geological evolution of these regions.

It’s been another dramatic quarter for crypto, with news coming in left, right, and center. Here’s just a flavor of the top headlines between April and June: