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Global stocks gain after US jobs and oil demand data fuel economic optimism ahead of the Bank of England rate decision

General view of atmosphere during the NYSE opening bell ceremony at the New York Stock Exchange on December 15 Getty Images Stocks were boosted by positive economic data and rising oil prices signalling economic rebound. European investors are anticipating the Bank of England's policy decision and potential taper talk. US index performance was broadly muted the previous day after Joe Biden encouraged intellectual property rights waivers for the COVID-19 vaccine. Sign up here for our ...
Tags: Hong Kong, London, Australia, China, US, Trends, Bank Of England, Joe Biden, Frankfurt, Shanghai, Treasury, Janet Yellen, New York Stock Exchange, Federal Reserve, Biden, Dow Jones


China 'indefinitely' suspends key economic dialogue with Australia

The announcement is the latest in a growing diplomatic rift between both countries.
Tags: Business, Australia, China


Founded by former Carousell and Fave execs, Rainforest gets $36M to consolidate Asia-Pacific Amazon Marketplace brands

From left to right: Rainforest business operations and strategy director Elita Subaja; co-founder and CEO J.J. Chai and brand manager Jerry Ng Singapore-based Rainforest is one of the newest entrants in the wave of startups that “roll-up” small e-commerce brands. Launched in January by alumni from some of Southeast Asia’s top startups, including Carousell, OVO and Fave, Rainforest acquires Amazon marketplace sellers. This is similar to the Amazon-centric approach taken by Thrasio, and Berlin...
Tags: Amazon, Startups, TC, Ecommerce, Asia, Australia, Southeast Asia, Singapore, Asia Pacific, Mexico City, Airbnb, App Store, Carousell, Rainforest, FBA, Jerry


Una Brands launches with $40M to roll up brands on multiple Asia-Pacific e-commerce platforms

Una Brands’ co-founders (from left to right): Tobias Heusch, Kiren Tanna and Kushal Patel. Una Brands Una Brands One of the biggest funding trends of the past year is companies that consolidate small e-commerce brands. Many of the most notable startups in the space, like Thrasio, Berlin Brands Group and , focus on consolidating Amazon Marketplace sellers. But the e-commerce landscape is more fragmented in the Asia-Pacific region, where sellers use platforms like Tokopedia, Lazada, Shopee, Rak...
Tags: Amazon, Fundings & Exits, Startups, TC, Ecommerce, Asia, Indonesia, Australia, Southeast Asia, Singapore, Tech, West, United States, Asia Pacific, Foodpanda, 500 Startups


How 4 New Jersey pools turned into a startup that just raised $10M

As the oldest of 12 children, Bunim Laskin spent much of his teen years looking for ways to help keep his siblings entertained. Noticing that a neighbor’s pool was often empty, Laskin reached out to ask if his family could use her pool. To make it worth her while, he suggested that they could help cover her expenses for maintaining the pool. Soon after, five other families had made the same arrangement with her and the pool owner had six families covering 25% of her expenses. This meant that ...
Tags: Google, Fundings & Exits, Startups, TC, Renting, Entertainment, Australia, California, Cdc, Oregon, Funding, Sports, Startup, Tech, Ceo, Canada


79 years ago, Japan suffered its first setback of WWII in a battle that changed naval warfare

USS Lexington during the Battle of the Coral Sea, seen from USS Yorktown, May 8, 1942. US Navy Japanese was on the offensive in spring 1942, sweeping across the Pacific after attacking Pearl Harbor. But in May that year, an overextended Japanese navy met the US Navy in the battle of the Coral Sea. It was the first battle in naval history where the two sides never saw each other during the fighting. See more stories on Insider's business page. In the spring of 1942, things weren't g...
Tags: Japan, Minneapolis, Australia, Navy, Trends, Hawaii, Portland, World War Ii, New Orleans, Tokyo, Pacific, Pearl Harbor, US Navy, Nagano, Sims, Coral Sea


Australia’s EV adoption is being needlessly held up by red tape

New South Wales Transport Minister Andrew Constance declared his support of the EV transition, stating that the Australian government should provide bigger incentives, the Sydney Morning Herald reports.  The minister proposed several measures, including subsidizing car parks with charging stations, waiving stamp duty, and giving access to transit lanes for drivers of electric cars. Credit: James AlcockTransport Minister Andrew Constance says that NSW should subsidize electric vehicles. He also a...
Tags: Startups, Australia, New South Wales, Sydney, Shift, NSW, Andrew Constance, Dominic Perrottet, James AlcockTransport


Coronavirus Australia live update: NSW records new local Covid case in Sydney; Australian cricketers to leave India

Man in his 50s tests positive for Covid in NSW; Cricket Australia to fly players to Sri Lanka or the Maldives to await lifting of India travel ban. Follow latest updatesNSW Covid case: man tests positive in SydneyNSW Covid hotspots: Sydney and regional case locationsCovid check-ins fall 25% in NSW as Sydney records mystery caseUN raises concerns over Australia’s India travel ban 8.27am BST Just a bit more on the NSW Labor cyberattack.A spokesperson for the party said:This is a matter of seri...
Tags: Health, Business, Labor, Australia, India, Australia news, Australian immigration and asylum, Coalition, Australian politics, New South Wales, Sydney, Vaccines and immunisation, Labor party, Liberal party, Maldives, Sri Lanka


Coronavirus Australia live update: NSW records new local Covid case in Sydney; India travel ban challenged in federal court

Man in his 50s tests positive for Covid in NSW; hearing to take place in federal court to challenge India travel ban. Follow latest updatesNSW Covid hotspots: Sydney and regional Covid case locationsFull report: Coalition to hold talks with Indian-Australian community leaders as anger mounts over travel banGPs grapple with AstraZeneca shortfalls as pleas for more doses are rejectedAlmost two-thirds of Australians think Covid vaccine rollout is not going well, survey suggests 6.29am BST Earli...
Tags: Health, Business, Australia, India, Australia news, Australian immigration and asylum, Coalition, Australian politics, Sydney, Astrazeneca, Vaccines and immunisation, Labor party, Liberal party, Greg Hunt, Australian economy, Anthony Albanese


Australia news live: NSW records new local Covid case in Sydney’s east; PM says India ban is lowering quarantine cases

Man in his 50s tests positive for Covid in NSW; PM says case numbers in the Howard Springs quarantine facility are falling. Follow latest updatesNSW Covid hotspots: Sydney and regional Covid case locationsFull report: Coalition to hold talks with Indian-Australian community leaders as anger mounts over travel banGPs grapple with AstraZeneca shortfalls as pleas for more doses are rejectedAlmost two-thirds of Australians think Covid vaccine rollout is not going well, survey suggests 5.29am BST ...
Tags: Health, Business, Australia, India, US, America, Australia news, Australian immigration and asylum, Coalition, Australian politics, Sydney, Astrazeneca, Vaccines and immunisation, Labor party, Liberal party, Australian economy


Australia news live: new local Covid case in Sydney’s east; PM says India ban is lowering quarantine cases

Man in his 50s tests positive for Covid in NSW; PM says case numbers in the Howard Springs quarantine facility are falling. Follow latest updatesNSW Covid hotspots: Sydney and regional Covid case locationsFull report: Coalition to hold talks with Indian-Australian community leaders as anger mounts over travel banGPs grapple with AstraZeneca shortfalls as pleas for more doses are rejectedAlmost two-thirds of Australians think Covid vaccine rollout is not going well, survey suggests 4.27am BST ...
Tags: Health, Business, Australia, India, Australia news, Australian immigration and asylum, Coalition, Australian politics, New South Wales, Sydney, Astrazeneca, Vaccines and immunisation, Labor party, Liberal party, Australian economy, Anthony Albanese


Australia news live: Biloela family may be released on Christmas Island; minister to hold talks with Indian-Australian community leaders

Home affairs minister flags possible reprieve for Tamil family held in detention; Coalition under increasing pressure to lift the ban blocking 9,000 Australians in India from returning home. Follow latest updatesFull report: Coalition to hold talks with Indian-Australian community leaders as anger mounts over travel banGPs grapple with AstraZeneca shortfalls as pleas for more doses are rejectedAlmost two-thirds of Australians think Covid vaccine rollout is not going well, survey suggests 1.28am...
Tags: Health, Business, Australia, India, Australia news, Australian immigration and asylum, Coalition, Australian politics, Astrazeneca, Myanmar, Vaccines and immunisation, Labor party, Liberal party, Australian economy, Anthony Albanese, Morrison


Australia news live: minister to hold urgent roundtable with Indian-Australian community leaders

Coalition under increasing pressure to lift the ban blocking 9,000 Australians, including 650 who are considered vulnerable, from returning home. Follow latest updatesFull report: Coalition to hold talks with Indian-Australian community leaders as anger mounts over travel banGPs grapple with vaccine shortfalls as pleas for more AstraZeneca doses are rejectedAlmost two-thirds of Australians think Covid vaccine rollout is not going well, survey suggests 11.22pm BST Sorry to dive straight into ...
Tags: Health, Business, Abc, Australia, Australia news, Australian immigration and asylum, Coalition, Australian politics, Astrazeneca, Vaccines and immunisation, Australian economy, Anthony Albanese, Biloela, Karen Andrews, Coronavirus, Karen Andrew


Top Stories this AM: Bill and Melinda Gates call it quits, skyrocketing condom sales foretell a 'hot vax summer'

Good morning and welcome to your weekday morning roundup of the top stories you need to know.For more daily and weekly briefings, sign up for our newsletters here. What's going on today:Bill and Melinda Gates are ending their marriage after 27 years. Details about the divorce are still emerging, but the resulting settlement could be one of the largest ever. The couple announced the news in a Notes App-style message on Twitter.Biden tapped a Warren ally to head up the Office of Federal Studen...
Tags: Australia, India, Newsletter, Trends, Walgreens, Bill, Scott Morrison, Biden, Melinda Gates, Cvs, Consumer Financial Protection Bureau, New CDC, Richard Cordray, Office of Federal Student Aid, Top Stories This Am


Bill and Melinda Gates are ending their 27-year marriage. Here's how the Microsoft cofounder spends his $129 billion fortune, from a luxury-car collection to incredible real estate.

Bill Gates has an estimated net worth of $129 billion. Thierry Chesnot/Getty Images Bill Gates and his wife of 27 years, Melinda French Gates, are getting a divorce. Gates, the cofounder of Microsoft, has a fortune worth $130.5 billion. Gates indulges in a few luxuries, but he mainly spends through the Bill & Melinda Gates Foundation. Visit Business Insider's homepage for more stories. Bill and Melinda Gates are ending their 27-year marriage.The couple announced the news in a statement...
Tags: Amazon, Elon Musk, News, Microsoft, Australia, California, Washington, New York City, Nigeria, US, San Francisco, Barack Obama, Trends, Atlanta, Wealth, Features


China’s Wanda Preparing to Sell Hoyts Australian Cinema Chain (Report)

Wanda Film, part of the Dalian Wanda group, has appointed financial advisers in Australia and may be preparing to sell the Hoyts cinema chain, according to local reports. According to the Australian Financial Review newspaper, investment bank Credit Suisse has been appointed by Wanda to find bidders for Hoyts. The bank’s task force, it says, […]
Tags: Asia, News, Australia, Finance, China, Global, Credit Suisse, Wanda, Dalian Wanda, Hoyts, Australian Financial Review, Wanda Film, Wanda Preparing


RCB to sport blue jersey to show respect to all frontline COVID-19 workers

A catastrophic second wave of COVID-19 has severely hit India, claiming millions of lives at an alarming rate.  The country is now facing a widespread shortage of oxygen and medicines. Crematoriums are overwhelmed, and so are people. Hospitals are facing a chronic shortage of intensive care beds and spaces. Many patients’ families are being forced to fetch oxygen and beds for their loved ones, running from one end of the city to another. Patients’ bodies are left stranded on the streets d...
Tags: Twitter, Business, Australia, India, Tech, Bbc, Ipl, Air Force, Pat Cummins, Virat Kohli, Oxygen Express, India Amongst


RCB pitches financial support to grief-stricken India due to the COVID-19 pandemic

A catastrophic second wave of COVID-19 has severely hit India, claiming millions of lives at an alarming rate.  The country is now facing a widespread shortage of oxygen and medicines. Crematoriums are overwhelmed, and so are people. Hospitals are facing a chronic shortage of intensive care beds and spaces. Many patients’ families are being forced to fetch oxygen and beds for their loved ones, running from one end of the city to another. Patients’ bodies are left stranded on the streets d...
Tags: Twitter, Business, Australia, India, Tech, Bbc, Ipl, Air Force, Pat Cummins, Virat Kohli, Oxygen Express, India Amongst


Fears of a Chinese attack on Taiwan are growing, and Taiwan isn't sure who would help if it happened

A concrete bunker and anti-landing barricades on a beach facing the Chinese city of Xamen, on the Taiwanese island of Little Kinmen, April 20, 2018. Carl Court/Getty Images China has been expanding its influence and taking a more aggressive posture toward Taiwan. That has raised concerns that Beijing will attempt to retake the island by force. Whether the US and other countries would help, and what help they would offer, remains in doubt. See more stories on Insider's business page. T...
Tags: Asia, South Korea, Japan, Australia, Washington, North Korea, Senate, China, US, International, Trends, Joe Biden, Ap, Taiwan, Beijing, Tokyo


Australia news live: Greg Hunt has ‘absolute belief’ that banning returns from India is legal

Health minister joins Scott Morrison in defending ban; over-50s eligible for Covid vaccine. Follow latest updatesAustralia’s medical chief Paul Kelly says he gave no health advice to jail India arrivalsWA premier says Perth lockdown remains ‘a prospect’ after Covid casesA third of Australians believe Coalition must do more to help 36,000 citizens stranded overseasAustralia’s vaccine rollout: what you should know about the changes 6.19am BST At the Australia Post inquiry, Tony Nutt, an Austra...
Tags: Health, Business, Australia, Senate, India, Australia news, Coalition, Australian politics, Vaccines and immunisation, Labor party, Liberal party, Greg Hunt, Scott Morrison, Perth, Peter Dutton, Western Australia


Australia news live: ban on citizens returning from India could lead to deaths, chief medical officer warns

Scott Morrison has defended criminalising people who return from India; over-50s eligible for Covid vaccine. Follow latest updatesAustralia’s medical chief Paul Kelly says he gave no health advice to jail India arrivalsWA premier says Perth lockdown remains ‘a prospect’ after Covid casesA third of Australians believe Coalition must do more to help 36,000 citizens stranded overseasAustralia’s vaccine rollout: what you should know about the changes 5.22am BST Greg Hunt has sought to reassure A...
Tags: Health, Business, Australia, India, Australia news, Coalition, Australian politics, Vaccines and immunisation, Labor party, Liberal party, Greg Hunt, Scott Morrison, Perth, Peter Dutton, Western Australia, Australian economy


Australia news live: ban on citizens returning from India could lead to deaths, chief medical officer warned

Scott Morrison has defended criminalising people who return from India; over-50s eligible for Covid vaccine. Follow latest updatesAustralia’s medical chief Paul Kelly says he gave no health advice to jail India arrivalsWA premier says Perth lockdown remains ‘a prospect’ after Covid casesA third of Australians believe Coalition must do more to help 36,000 citizens stranded overseasAustralia’s vaccine rollout: what you should know about the changes 4.14am BST The National Covid-19 Commission A...
Tags: Health, Business, Australia, India, Australia news, Coalition, Australian politics, Vaccines and immunisation, Labor party, Liberal party, Greg Hunt, Scott Morrison, Perth, Peter Dutton, Western Australia, Australian economy


Australia news live: Scott Morrison defends criminalising people who return from India; over-50s eligible for Covid vaccine

WA considers longer-term mask measures as contact tracers work through the movements of three men who tested positive for coronavirus in Perth on Saturday. Follow latest updates• WA premier says Perth lockdown remains ‘a prospect’ after Covid cases• A third of Australians believe Coalition must do more to help 36,000 citizens stranded overseas • Australia’s vaccine rollout: what you should know about the changes 2.24am BST Gosh, this press conference is confusing, but the crux of it is that ...
Tags: Health, Business, Cook, Indonesia, Australia, India, US, Australia news, Coalition, Australian politics, Vaccines and immunisation, Labor party, Liberal party, Scott Morrison, Perth, Peter Dutton


Australia news live: medical chief did not advise jail time for India arrivals; over-50s eligible for AstraZeneca Covid vaccine

WA considers longer-term mask measures as contact tracers work through the movements of three men who tested positive for coronavirus in Perth on Saturday. Follow latest updates• WA premier says Perth lockdown remains ‘a prospect’ after Covid cases• A third of Australians believe Coalition must do more to help 36,000 citizens stranded overseas • Australia’s vaccine rollout: what you should know about the changes 1.20am BST Scott Morrison’s message seems to be ‘yeah I said we CAN throw people...
Tags: Health, Business, Australia, China, India, Australia news, Coalition, Australian politics, Astrazeneca, Vaccines and immunisation, Labor party, Liberal party, Scott Morrison, Perth, Peter Dutton, Western Australia


Australia news live: over-50s eligible for AstraZeneca Covid vaccine; medical chief did not advise jail time for India arrivals

WA considers longer-term mask measures as contact tracers work through the movements of three men who tested positive for coronavirus in Perth on Saturday. Follow latest updates• WA premier says Perth lockdown remains ‘a prospect’ after Covid cases• A third of Australians believe Coalition must do more to help 36,000 citizens stranded overseas • Australia’s vaccine rollout: what you should know about the changes 12.20am BST New Zealand has apologised for using Twitter to source oxygen tanks ...
Tags: Health, Business, Australia, India, Australia news, Coalition, Australian politics, New Zealand, Astrazeneca, Vaccines and immunisation, Labor party, Liberal party, Scott Morrison, Perth, Peter Dutton, New Delhi


Australia news live: over 50s now eligible for AstraZeneca vaccine; WA considers longer-term mask measures

Contact tracers continue to work through the movements of three men who tested positive for Covid in Perth on Saturday. Follow latest updates• WA premier says Perth lockdown remains ‘a prospect’ after Covid cases• A third of Australians believe Coalition must do more to help 36,000 citizens stranded overseas • Australia’s vaccine rollout: what you should know about the changes 11.14pm BST Just one-third of surveyed Australians believe the Morrison government needs to do more to help citizens...
Tags: Health, Business, Australia, Australia news, Coalition, Australian politics, Brisbane, Astrazeneca, Vaccines and immunisation, Labor party, Liberal party, Scott Morrison, Perth, Western Australia, Australian economy, Morrison


America hasn't addressed its brutal gun violence crisis because of cowardly, callous leadership. It's time for someone to be courageous.

Moms Demand Action hosted a Recess Rally and community gathering at Foley Square to honor the victims of gun violence Erik McGregor/LightRocket/Getty Images The US has been plagued by an epidemic of gun violence, and deaths have been soaring recently. Despite this our political leaders have done nothing substantial to curb the decades-long problem. It's time for Joe Biden and the Democrats to be courageous and tackle gun safety once and for all. This is an opinion column. The thoughts ...
Tags: Supreme Court, Congress, Australia, US, America, Trends, Atlanta, Joe Biden, Indianapolis, Gop, United States, Biden, District Of Columbia, South Carolina, Tucker Carlson, Michael Gordon


The tough task facing the Australian securities regulator

Australia has several jurisdictional issues that make it a haven for corporate criminals. These features are sometimes for better, sometimes for worse, but they leave the securities regulator with a task considerably harder than any similar sized country.Feature one: compulsory privatised pensions (called superannuation)Australians are forced to save almost ten percent of their salary into lock-box savings accounts that they cannot touch until retirement. Twenty year olds are locking up tens of ...
Tags: Business, Australia, US, America, Deutsche Bank, Goldman, Josh Frydenberg, Lichtenstein, Deutsche, ASIC, John Hempton, Joe Longo, Dominic McCormick, Shawn Richard, Astarra Trio


Why Australia’s trucks might go electric sooner than cars

Australia’s trucking industry is making moves to go electric. The latest development — a system for using swappable batteries instead of time-consuming recharge stations for long-haul trucks between Sydney and Brisbane — shows how this transition is gathering momentum. There will be clear socio-economic, environmental and health-related benefits from the switch to electric trucks — for the broader community as well as for the trucking industry and truckies themselves. As electric vehicle researc...
Tags: Startups, Australia, Sydney, Brisbane, Electric, Shift, Next Featured


Australia live news: Brittany Higgins speaks after meeting with Scott Morrison

Former Liberal staffer says there is a ‘consensus’ that change is needed; Covid breach at Brisbane airport after traveller tests positive. Follow the latest updatesSome 16% of public servants have experienced sexual harassment in the workplace, survey findsIndia wants access to cheap copies of Covid vaccines. So why is Australia holding out?Coronavirus WA: Perth Covid lockdown rules and Western Australia’s coronavirus restrictions explained 8.16am BST It’s not so much a war footing as a regu...
Tags: Health, Google, Business, Australia, Germany, India, Australia news, Australian politics, Queensland, New South Wales, Brisbane, Vaccines and immunisation, Victoria, Tasmania, Scott Morrison, Western Australia



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