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Biden to suspend federal drilling, strengthen environmental justice in new climate orders

Biden to suspend federal drilling, strengthen environmental justice in new climate orders


Walmart adding dozens of automated local fulfillment centers to speed delivery and pickup orders

The automated facilities feature robots that help Walmart associates pick and pack orders for delivery or in-store pickup.


IMF lifts growth forecast on vaccine hopes

The International Monetary Fund has raised its forecast for global growth, but warns there is still exceptional uncertainty in the outlook.


Fall by John Preston review – the truth about Robert Maxwell

Soon after he took over the New York Daily News – his last and most foolish purchase – Robert Maxwell asked the tabloid’s publisher, Jim Hoge, if he could do him a favour: “Would you mind,” Maxwell asked, “if I stood here with the door open and shouted at you for a while?” Hoge had known worse requests; the paper had recently emerged from a long and bitter struggle with the print unions, and its circulation was under the thumb of the Mafia. “I...


My father inherited money from his parents — he now tells people he earned it due to his (nonexistent) investment prowess

‘I would like my dad back, but I am afraid he is too far gone’


Cash machine use fell 38% in 2020 due to Covid contact fears

A sharp fall in cash machine usage last year has prompted a warning that more ATMs could end up being closed or imposing fees. Link, the UK’s largest cash machine network, said its latest data showed there was a 38% decline in ATM transactions in 2020, caused in large part by the coronavirus crisis. John Howells, Link’s chief executive, said this sharp decline in ATM usage “brings significant problems” and “places enormous strain on the cash...


Why are Indian farmers protesting?

Indian farmers have for months been camped on the outskirts of New Delhi in protest against new agricultural legislation, and on Tuesday thousands rampaged through the capital in a dramatic escalation of their standoff with the government. AFP examines the laws, why they are contentious and at Prime Minister Narendra Modi's options in his stiffest challenge since coming to power in 2014. - What is the state of Indian agriculture? - India's...


Polish locker company InPost worth 9.5 billion euros after buoyant Amsterdam debut

Polish locker company InPost worth 9.5 billion euros after buoyant Amsterdam debut


Shaquille O'Neal sells his massive Florida mansion for $16.5 million

The 48-year-old former NBA star originally put his 31,000 square foot mega-mansion on the market in 2018 for $28 million, but it finally sold after he reduced the price to $16.5 million.


India's COVAXIN likely effective against UK variant - study

India's COVAXIN likely effective against UK variant - study


Asian markets swing as traders mull virus, vaccines and stimulus

Equity investors trod warily Wednesday as they weighed hopes for a long-term recovery against immediate worries over surging virus infections and mutations -- and slow vaccine rollouts. He said worries about the virus mutations "will continue to linger over markets like a dark cloud until vaccine distributions get ironed out and a definitive drop in contagion levels can thoroughly support the vaccine efficacy results".


Sterling gets vaccine boost to rise against euro and dollar

Sterling gets vaccine boost to rise against euro and dollar


Apple overtakes Amazon to become world’s most valuable brand, while Tesla is the fastest-growing

Apple has overtaken Amazon to become the world’s most valuable brand for the first time in five years, according to a global report.


BUSINESS LIVE: Ofgem to fine Symbio Energy

As investors wait to hear the outcome of the US Federal Reserve policy meeting that ends today, the FTSE is set to fall this morning.


From ancient Egypt to Cardi B: a cultural history of the manicure

“How to Take a Nail Selfie!” “Fruity Manicure Inspo!” “Kylie Jenner Slammed by Fans for Nearly Poking Out Stormi’s Eyes With Ridiculous Claw Nails.” The glut of hyperbolic nail-related headlines online points to our obsession with the endless possibilities open to the plate at the top of our fingers. In the internet age, the manicure, in all its incarnations, is a traffic winner. It peppers a plethora of Pinterest boards; the hashtag #nails has...


Costello sees danger in low interest rates

Future Fund chair Peter Costello said he was unsure whether keeping interest rates low was helping inflate stock markets to possibly unsustainable levels.


Asian markets little changed after ho-hum day on Wall Street

Markets have meandered since last week as investors weighed solid corporate earnings results against renewed worries that troubles with COVID-19 vaccine rollouts and the spread of new variants of coronavirus might delay a recovery from the pandemic.


Courteney Cox practices self care as she visits a spa in Malibu

Courteney Cox, 56, practices some midweek self care as she hits up a luxury spa in Malibu before emerging fresh faced


Barbs fly over satellite projects from Musk, Bezos

A spat erupted Tuesday between Jeff Bezos and Elon Musk as the tech titans' space firms exchanged barbs over their rival satellite internet projects being evaluated by regulators. Amazon, founded and led by Bezos, put out a statement claiming Musk's rival SpaceX project Starlink was seeking design changes that could "create a more dangerous environment for collisions in space" and also increase radio interference. "Despite what SpaceX posts on...


Coles slashes the prices of items including pasta, cheese, and snacks

Coles has slashed the prices of popular grocery items including pasta, sliced cheese and snacks in a bid to help lower the cost of living for all Australians.


Hot stocks for 2021? The Amazon.com of Latin America and a popular cannabis maker, says this fund manager

Tom Plumb, portfolio manager of the Plumb Balanced Fund, talks about the next companies that will lead the digital disruption that got a jump start by the COVID-19 pandemic.


Consumer prices rose in 2020, despite the recession, as childcare fees returned

Consumer prices rose in Australia last year, bouncing back from record deflation in the June quarter despite the nation's first recession in nearly three decades.


Rio Tinto and BHP battle Apache tribes to build North America's biggest copper mine at sacred Oak Flat site

Rio Tinto promised "never again" after the destruction of ancient Aboriginal rock shelters at Juukan Gorge, but now it wants to mine sacred Apache land in the US and investors are concerned little has changed within the company since it appointed an insider as its new boss.


Goldman Sachs loses legal fight against EU cartel fine

Goldman Sachs loses legal fight against EU cartel fine


Tasmania remains top economic performer

Commonwealth Securities' quarterly State of the States analysis has found Tasmania leading the pack for a fourth quarter in a row.


This swimming pool might be the coolest one in Australia

The house in Main Ridge, 93 kilometres south of Melbourne, has four bedrooms, five bathrooms and one very special swimming pool.


Andrew and Nicola Forrest flag RM Williams factory expansion, push for 100pc Australian-made products

The owners of iconic bootmaker RM Williams, Andrew and Nicola Forrest, say they are looking at expanding the company's factory in Adelaide's northern suburbs and are aiming to have all products 100 per cent made in Australia.


EU's vaccine supply issues mean light at end of tunnel that much further away

In recent nights, rioters have poured on to the streets of 10 Dutch cities in what has been the closest Europe has come to open revolt against the coronavirus restrictions imposed across the continent. The violence, the worst in four decades, might be put down to the liberty-loving culture of the country or an outbreak of straightforward criminality but, perhaps not coincidentally, the Netherlands is also the very last EU member state to start...


India's Dr.Reddy's ends study of COVID-19 drug Avigan in Kuwait

India's Dr.Reddy's ends study of COVID-19 drug Avigan in Kuwait


Mastercard joins net-zero climate club with ambitious pledge to bring most of its customers on board

Mastercard Inc. pledges to hit the equivalent of net-zero greenhouse gas emissions by 2050, an increasingly familiar refrain across major companies and government bodies as a Joe Biden-led U.S. looks to rejoin global counterparts in trying to slow man-made climate change.


Biden poised to halt fossil fuel leasing on federal land

US President Joe Biden was planning to announce new bans on oil and gas drilling on federal lands Wednesday as part of a raft of actions that take aim at climate change, according to reports and a White House memo.


Amazon stops alcohol sales in Northern Ireland due to Brexit rules: ITV

Amazon stops alcohol sales in Northern Ireland due to Brexit rules: ITV


Back-to-school confusion in South Australia over lunchbox fruit bans, coronavirus restrictions

Students across South Australia return to school amid confusion over bans on parents in classrooms and fruit in lunchboxes.


Apple set for $100bn sales record after strong demand for new devices

Analysts predict the US tech giant raked in a record $103.4bn (£75.2bn) during the final three months of 2020, the equivalent of more than half a million pounds per minute.


Textile waste presents 'untapped' potential for entrepreneurs as Bathurst runs recycling trial

Participants in a NSW textile recycling trial have donated more than 1,600kg of unwanted fabrics in the space of a month and organisers say they're overwhelmed by the response.


$10 mn pay-cut for Goldman Sachs CEO over 1MDB scandal

Goldman Sachs cut its CEO David Solomon's 2020 salary by $10 million to $17.5 million because of the bank's role in the 1MDB Malaysian bribery scandal, according to documents filed Tuesday. "The amounts of remuneration reflect the decision announced by the board of directors," said a securities filing that also detailed pay-cuts for COO John Waldron and CFO Stephen Scherr. Although the three were not "aware of the firm's participation in any...


Inflation remains well below RBA's target

The consumer price index rose 0.9 per cent in the December quarter, with the annual rate also at 0.9 per cent and well below the Reserve Bank's target.


Aust shares close down 0.65pc, miners drop

Investors had their steepest losses on the ASX in more than a week, but inflation figures showed plenty of reasons to stay in the market.


Wednesday briefing: Quarantine for arrivals from risky countries

Top story: UK got in early, AstraZeneca tells EU Hello, Warren Murray here as we bat on into day three. A hotel quarantine system targeted at arrivals from high-risk countries is to be announced today by the home secretary, Priti Patel. It comes after Boris Johnson said that as prime minister he was “deeply sorry” for the 100,000 Covid-19 deaths in Britain, while rejecting the idea of blanket hotel quarantine for everyone coming to the UK....


Companies are powering ahead with big battery projects, but a 'lack of certainty' by governments could deter good investment

New projects are being announced all the time in the grid-scale battery arms race but concerns are being raised over a patchwork approach which has seen some states go at it alone in their pursuit of more aggressive emissions targets.


Dollar edges before Fed meeting, euro slips

Dollar edges before Fed meeting, euro slips


ROSS CLARK: What are we to make of Brussels' hypocritical stunt?

ROSS CLARK: When Britain opted out to pursue its own vaccination course, siren voices warned. But oh how the EU has failed to live up to its lofty ideals.


Little change expected as Fed ends first meeting of Biden era

The Federal Reserve will on Wednesday conclude its first meeting since US President Joe Biden took office, and while the central bank is certain to comment on the health of the country's economy amid the Covid-19 pandemic, analysts say it's unlikely to change its main policies. Powell has repeatedly highlighted the need for government spending to take over the role of supporting the economy from the central bank.


Australia's billionaires struck gold during the pandemic. Now it's time to combat rising inequality, analysts say.

Australia's 31 billionaires accumulated $85 billion more between them during the COVID-19 pandemic, according to the latest Oxfam report. The experience contrasts sharply with the those of the average Australian, who has faced rising unemployment and imminent cuts to government support.


Pepsi, Beyond Meat cook up snack partnership

Food industry colossus PepsiCo and faux-burger makers Beyond Meat announced an alliance Tuesday to cook up plant-based snacks that tempt the palate while being easy on the planet. PepsiCo brings marketing and global distribution prowess to the alliance, while Beyond Meat has been creating plant-based alternatives to meat since it was founded in 2009.


European stocks struggle and Nasdaq futures are higher with investors focused on Fed and big tech earnings

European stocks are struggling to get a positive foothold on Wednesday, as investors look to the Federal Reserve meeting later, coronavirus updates and a batch of big U.S. earnings.


CPI ticks up on child care, tobacco costs

A rise in child care and tobacco costs were key drivers in a rise in inflation in the December quarter, but the annual rate was still a benign 0.9 per cent.


Covid lies cost lives – we have a duty to clamp down on them

Why do we value lies more than lives? We know that certain falsehoods kill people. Some of those who believe such claims as “coronavirus doesn’t exist”, “it’s not the virus that makes people ill but 5G”, or “vaccines are used to inject us with microchips” fail to take precautions or refuse to be vaccinated, then contract and spread the virus. Yet we allow these lies to proliferate. We have a right to speak freely. We also have a right to life....


My 'Brexit bonus' proved to be a customs duty bill from DHL

My daughter purchased some prints and frames online from Sweden on 30 December. The cost (including VAT) was £71.74 with “free delivery”, which she paid. She has now been told by DHL there is an “import duty” due of £25.34 – more than a third of the original price. Is this what the government means by a “Brexit bonus”? GW, Edinburgh I bought some trainers from a company in Italy which cost in total €490. I ordered two pairs of different sizes...


Elaine Stead awarded $280k for defamation by Australian Financial Review columnist Joe Aston

Journalist Joe Aston engaged in a campaign of "offensive mockery" against businesswoman Elaine Stead while writing for the Nine Entertainment Co newspaper, a judge found, leaving Ms Stead feeling "humiliated".