Australia Financial News
05.05 / 04:47
reports
surfing
3 bodies recovered likely those of 2 Australians and American who went missing
went missing last weekend during a camping and surfing trip, the state prosecutor’s office said Saturday.While there has not yet been confirmation based on forensic examination, physical characteristics — including hair — means there is a high likelihood that the bodies are those of the three tourists, local TV network Milenio reported, citing chief state prosecutor María Elena Andrade Ramírez.“It is presumed that (the bodies) are the ones being investigated,” an employee of the state prosecutors’ office who was not authorized to be quoted by name told The Associated Press.“A fourth body was located. It is not related to the three foreigners.
04.05 / 20:09
UPS
Pool
country
International
cricket
Sporting
Vanuatu, nation of just 3 lakh makes its presence felt in International cricket
Vanuatu. Let’s be honest and there’s no shame here: you did not even know that this was a country. It’s a string of islands east of the northern part of Australia in the Pacific and its last recorded population was 3.27 lakh people. Of these about 50% are ruled out from this story by virtue of being male. Of the 1.6 lakh remaining, you can leave out another half on the basis that they would be either too young or old to make a cricket team. And so, from a potential pool of 80,000 (a generous estimate because not everyone is interested in one sport), emerges a team that was in contention for a berth in a World Cup comprising 10 teams from across the globe.
04.05 / 16:57
SUN
BURST
Cycling
social
shock
Massive solar flares erupt, power grids, telecommunication networks may be hit hard. Know in detail
Power grids, telecommunication networks and orbiting satellites can be hit hard across the world as two colossal solar flare explosions have occurred recently. These solar flares can also expose astronauts to dangerous doses of radiation. Solar flare explosions trigger geomagnetic storms which in turn spark dynamic aurora displays visible at latitudes beyond their 'normal' polar range. According to 'space.com', the first eruption took place on May 2 when the sun released the most powerful category flare, an X-class solar flare. It caused shortwave radio blackouts across Australia, Japan and much of China. The second solar explosion occurred on May 3, when an M-class solar flare, peaked around 4:00 a.m. EDT (0800 GMT).
04.05 / 10:11
MET
FIVE
stars
rights
cricket
Sporting
Australian
David Warner 70% Indian, 30% Australian: DC star Tristan Stubbs explains why
NDTV Sports quoted, "He's more Indian than Australian. That's what I tell him. I say that.
04.05 / 02:37
UPS
Booking
Chevrolet
show
information
Investigations
surfing
2 Australians, 1 American missing in Mexico for nearly a week
Mexico’s Pacific coast state of Baja California.The group of three men had been camping and surfing together along the Baja coast in the municipality of Ensenada, about an hour and a half south of the U.S.-Mexico border, when they failed to show up to the accommodations they had booked for the weekend.Australian brothers Callum and Jake Robinson and American Jack Carter Rhoad were reported missing on April 29 and were last seen on April 27, according to the Baja California’s prosecutors’ office. Mexican authorities are searching at sea and on land for the three men.On Wednesday, the mother of the Australian brothers made an appeal to the public for information on her missing sons.
03.05 / 17:25
exclusive
Team India gets critical tips from Sourav Ganguly ahead of T20 World Cup, 'My only advice to them is...'
ALSO READ: Irfan Pathan upset with BCCI over Hardik Pandya's selection in T20 World Cup, 'Sends wrong message…' “Team India is a very strong team. In the 50-over World Cup, India was outstanding and the best team of the tournament. I am sure that they are going to do the same thing in West Indies and America.
03.05 / 16:39
Provident
wellness
performer
stars
Manish Pandey, once an IPL star, makes a comeback for KKR, silences Wankhede by hitting Jasprit Bumrah for 6 | Watch
MI vs KKR IPL 2024: Kolkata Knight Riders (KKR) were in deep trouble when he made his way to the crease. For Manish Pandey, it was more than an inning; it was an opportunity to announce his strong comeback after three subdued IPL seasons. First, he stabilised the KKR innings and supported Venkatesh Iyer well to weave a good partnership, and then he unleashed violence against MI bowlers.
03.05 / 14:53
ASIC
Australian
Australian Federal Court Rules in Favor of ASIC, Against Unlicensed Qoin Crypto
An Australian Federal Court on Friday, ruled in favor of the Australian Securities and Investments Commission (ASIC) regarding an unlicensed crypto platform that misled customers.
03.05 / 11:59
markets
Provident
FIVE
security
Sustainability
wellness
reports
Bond traders now think Fed will move faster
Bond traders pulled forward expectations for the Federal Reserve’s first full interest-rate cut by a month to November ahead of a key US jobs report on Friday.
02.05 / 21:07
Netflix
Adventure
tennis
show
stars
reports
Courts
Boris Becker to join Netflix reality show after getting discharged from bankruptcy
Boris Becker is reportedly joining a reality show on Netflix. Former Wimbledon Championships and US Open winner Becker will reportedly take part Netflix reality show "Bear Hunt", as per a report on Mirror. «Bear Hunt» will be hosted by Holly who is a former «This Morning» star. Popular adventurer Bear Grylls will also be part of the show.
02.05 / 21:07
Aware
Career
Fighting
film
Actor
Interviews
Chris Hemsworth had to leave Hollywood due to Alzheimer? Here's what 'Thor' actor has revealed
Chris Hemsworth is fighting back rumors that he has left his career in Hollywood ever since he was made aware of his susceptibility to Alzheimer. 'Extraction' actor had taken a break from films after it was revealed that he was predisposed to Alzheimer and this led to rumors that he had left Hollywood for good. The actor in an interview with Vanity Fair expressed his disappointment with the narrative especially when he was dealing with such a major setback.
02.05 / 17:27
markets
Provident
country
medicines
guidelines
Pharmaceuticals
OTC policy can boost drug access, market
regulatory regime, a government-appointed three-member panel is mulling the idea of making commonly used cough and cold medicines, antacids, and fever-reducing drugs available 'over the counter' (OTC) at general stores. Many countries, such as Britain, the US and Australia, have well-defined guidelines for their sale and regulation. In 2022, India allowed the sale of certain drugs without a prescription as part of a new OTC drug policy. Though the Drugs Technical Advisory Board, the top advisory board on drugs, approved the policy, it never saw the light of the day.
02.05 / 16:27
economy
Election
President
Freedom
country
Ahead of elections, Biden calls India, China, Russia and Japan 'xenophobic'
Joe Biden has called two of his QUAD partners — India and Japan — and two of his adversaries — Russia and China — "xenophobic" nations, asserting that none of these countries, unlike the United States, welcome immigrants. «This election is about freedom, America and democracy. That's why I badly need you. You know, one of the reasons why our economy is growing is because of you and many others. Why? Because we welcome immigrants,» Biden told his supporters at a fundraiser here on Wednesday evening.
02.05 / 16:19
COST
Manufacturing
Airlines
security
reports
rights
IndiGo announces special bonus for staff
Mint has reviewed a copy of the mail. As per the airline's latest annual report for 2022-2023, the total staff strength of IndiGo was 32,407 employees. "We started our path to recovery in the second half of the year 2022 and since then we demonstrated solid and strong performance," the airline said in the mail, adding that it became a net worth positive company with its October-December 2023 results and the recent wide-body aircraft order is further support for a robust future.
02.05 / 16:19
performer
exclusive
testing
cricket
K Srikkanth slams BCCI for axing Ruturaj Gaikwad from T20 World Cup: 'Team selection is all about favoritism'
ALSO READ: Irfan Pathan upset with BCCI over Hardik Pandya's selection in T20 World Cup, 'Sends wrong message…' Speaking in his Youtube channel, K Srikkanth said, "He (Ruturaj Gaikwad) scored more than 500 runs in 17 T20I innings. Also, he scored a century against Australia. Shubman Gill is out of form, but why is he selected in the team?" He added, "Shubman Gill is the selectors' delight.
02.05 / 11:53
markets
Provident
Digital
Software
Trade
reports
International
Digital Token Identifier to monitor crypto-derivative risk across G20
A division of Etrading Software (ETS), DTIF’s scope is broadening to provide public authorities with greater support in identifying digital asset risks globally, and to instil further transparency in the crypto derivative trading market. Until now, derivatives reporting has focused solely on traditional financial instruments.
02.05 / 10:47
Provident
security
country
2020
reports
Investigations
Mint Explainer: What reports about Indian espionage abroad mean for New Delhi
Mint takes a closer look at these revelations and their effect on India. Earlier this week the Washington Post published a report providing new details on the Pannun assassination attempt in 2023. Citing unnamed security officials, the report said Vikram Yadav, a RAW official, was responsible for handling the operation to assassinate the Sikh separatist leader on US soil.
02.05 / 10:47
markets
UPS
Manufacturing
security
exclusive
Latin
Injectables maker Maiva Pharma raises ₹1,000 crore to set up new manufacturing unit
BENGALURU : Maiva Pharma, a Bengaluru-based injectables manufacturer, has secured ₹1,000 crore in a mix of primary and secondary funding from a fund managed by Morgan Stanley Private Equity Asia and India Life Sciences Fund-IV, led by InvAscent, to set up a new manufacturing plant near Hosur, Tamil Nadu. The fund has acquired a controlling stake with the capital infusion, making it Maiva Pharma’s first private equity fundraise.
02.05 / 09:19
markets
UPS
Manufacturing
track
Equality
Maiva Pharma raises Rs 1000 crore from Morgan Stanley Private Equity, InvAscent
Maiva Pharma, the Benguluru based pure play injectables Contract Development and Manufacturing Organization (CDMO) catering to US market, has raised Rs 1,000 crores in primary and secondary funding from a fund managed by Morgan Stanley Private Equity Asia and India Life Sciences Fund — IV (InvAscent), for a controlling stake from existing investors and infused primary capital in the company. Morgan Stanley PE Asia and India Life Sciences Fund are investing almost equally, total stake with both funds combined will be over 60% post primary investment, the company told ET. This is Maiva’s first private equity fundraise. Few existing high networth individual (HNI) investors will be exiting.
02.05 / 08:39
UPS
Pinnacle
Australia's Pinnacle IM partners with RLAM outgoing equity chief Rutter for new venture
This week, RLAM revealed that Rutter, alongside global equities portfolio managers Chris Parr, Will Kenney, James Clarke and Niko de Walden, would be leaving the firm to set up their own company. On Wednesday (1 May), Pinnacle said it would expand its multi-affiliate model by backing the venture being set up by Rutter and his team. Royal London AM equities chief Rutter and four portfolio managers exit to set up own firm Ian Macoun, managing director of Pinnacle, said the company's affiliate model helps partner firms establish, support and grow «quality, client-centric funds managem...
02.05 / 07:23
markets
Manufacturing
Food
Everest
Fishing
testing
Investigations
MDH Everest saga: FSSAI widens spices crackdown with nationwide checks on all manufacturers
India's food safety regulator said on Thursday it had ordered nationwide testing and inspections at all companies making spice mixes, widening a crackdown on the sector as global regulators investigate contamination issues with two popular local brands. Hong Kong last month suspended sales of three spice blends made by India's MDH and an Everest spice mix for fish curry. Singapore ordered a recall of the same Everest mix as well, flagging high levels of ethylene oxide, which is unfit for human consumption and a cancer risk with long exposure. MDH and Everest products are hugely popular in India and also sold in Europe, Asia and North America, and the companies have said they are safe. Still, U.S. and Australian food authorities said they are gathering more information on the matter, and India had already ordered testing of the two brands' products.
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