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Blacklisting PwC won't stop outsourcing: here are 3 reasons it has become embedded in the Australian public service

Jun 10, 2023 11:28 am UTC| Insights & Views Business

Labor had pledged to wind back the use of the big four consulting firms by the public service well before the scandal engulfing PricewaterhouseCoopers over the sharing of confidential government information. The policy...

Tata Power Renewable Energy to Build India's Massive 966-MW Hybrid Green Energy Project for Tata Steel's Net-Zero Ambition

Jun 09, 2023 12:08 pm UTC| Nature Economy Business

Tata Power Renewable Energy Ltd. (TPREL) is set to develop a landmark 966-MW hybrid renewable power project for Tata Steel, marking one of Indias most extensive industrial round-the-clock power purchase agreements. The...

Starbucks Debuts 'Picco' 6oz Beverage and Indian-Inspired Menu to Woo Smaller Towns in India

Jun 09, 2023 11:57 am UTC| Nature Economy Business

Starbucks India aims to cater to the value-conscious Indian market by launching Picco, a smaller and more affordable 6oz drink, alongside local-inspired teas and milkshakes, to rival burgeoning domestic...

PepsiCo Unveils Pepsi Zero Mint, Yakisoba's Perfect Companion in Japan

Jun 09, 2023 09:52 am UTC| Business Life Economy

PepsiCos innovation continues in Japan with a bold new flavor, the Pepsi Zero Mint, designed specifically to pair with Yakisoba, a popular stir-fried noodle dish. After success with the karaage-themed variant, this minty...

PepsiCo Launches Eco-Friendly, High-Tech Facility in Poland; Aims for Zero Net Emissions by 2035

Jun 09, 2023 09:39 am UTC| Nature Economy Business

PepsiCo has inaugurated a 222.6 million state-of-the-art facility in Swiatem, Poland, touted as the beverage giants most environmentally sustainable and innovative plant in the European Union. The facility showcases...

Amazon Pay Expands With Buy Now, Pay Later Feature via Affirm Partnership in US

Jun 09, 2023 09:32 am UTC| Business Economy

Amazon Pay, Amazons online payment service, has now incorporated a Buy Now, Pay Later (BNPL) feature in the US through a strategic partnership with fintech giant, Affirm. The BNPL feature offers more flexible payment...

PepsiCo India, Cropin Unveil Satellite-Aided Platform to Optimize Potato Yields for Small Farmers

Jun 09, 2023 09:25 am UTC| Economy Business

PepsiCo India and Cropin Technologies join forces, launching a revolutionary crop intelligence platform that enhances potato yield management. The initiative, targeting small-scale Indian farmers, deploys satellite imagery...

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Economy

U.S. Stock Futures Slip as Fed Minutes Stir Rate Uncertainty; Walmart Earnings in Focus

U.S. stock index futures edged lower Wednesday night as investors weighed mixed signals from the Federal Reserves January meeting minutes, adding fresh uncertainty to the outlook for interest rates and monetary policy in...

Fed Minutes Signal Steady Interest Rates but Hint at Potential Rate Hikes if Inflation Persists

The Federal Reserves January Federal Open Market Committee (FOMC) minutes reveal that nearly all policymakers supported keeping interest rates unchanged, while leaving the door open for possible rate hikes if inflation...

Trump Says U.S. Trade Deficit Shrinking Sharply as 2026 Trade Surplus Looms

U.S. President Donald Trump said Wednesday that Americas trade deficit has narrowed significantly due to his 2025 trade tariffs, adding that the country could post its first trade surplus in decades as early as this year....

Gold Prices Hold Near $5,000 as Fed Outlook and Geopolitical Risks Shape Market Sentiment

Gold prices steadied during Asian trading on Thursday after surging more than 2% in the previous session, as thin liquidity from Lunar New Year holidays limited further upside. Investors continued to weigh persistent...

Xi Jinping Highlights People-to-People Ties as U.S.-China Relations Show Signs of Stabilization

Chinese President Xi Jinping reaffirmed the enduring importance of people-to-people exchanges between China and the United States, emphasizing that cooperation between the two nations will continue regardless of...

Politics

Lavrov Warns of Serious Consequences if U.S. Launches New Strike on Iran

Russian Foreign Minister Sergei Lavrov has warned that any new U.S. strike on Iran would trigger serious consequences and further destabilize the Middle East. In an interview aired by Saudi Arabias Al-Arabiya television...

U.S. Military Delegation Visits Venezuela After Maduro’s Arrest in Rare Diplomatic Shift

A senior U.S. military delegation led by General Francis Donovan, the top commander overseeing U.S. forces in Latin America, made a surprise visit to Venezuela on Wednesday, marking a significant development in...

South Korean Court to Deliver Landmark Verdict in Yoon Suk Yeol Insurrection Case

A South Korean court is set to deliver a pivotal ruling on whether former President Yoon Suk Yeol masterminded an insurrection during his controversial attempt to impose martial law in December 2024. The decision by the...

Putin Condemns New U.S. Sanctions on Cuba, Pledges Russian Support

Russian President Vladimir Putin met Cuban Foreign Minister Bruno Rodriguez at the Kremlin on Wednesday, strongly criticizing newly imposed U.S. restrictions on Cuba and reaffirming Moscows support for the island nation....

Kim Jong Un Highlights Advanced Rocket Launchers and New Defense Goals Ahead of Workers’ Party Congress

North Korean leader Kim Jong Un has announced that new military and construction objectives will be unveiled during the upcoming Ninth Congress of the ruling Workers Party, according to state media outlet KCNA. The...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Mark Zuckerberg Testifies in Youth Social Media Addiction Trial Over Instagram Policies

Meta Platforms CEO Mark Zuckerberg testified in a landmark Los Angeles trial addressing allegations that Instagram and YouTube contributed to youth social media addiction and harmed a young users mental health. The...

European IT Hardware Stocks to Watch as Gaming Demand Outpaces Smartphones, Says BofA

BofA Researchs February report highlights a clear split in European IT hardware demand trends, with gaming spending significantly outperforming other consumer technology categories while smartphone sales remain under...

Microsoft Plans $50 Billion AI Investment to Accelerate Growth in the Global South

Microsoft has announced plans to invest up to $50 billion by the end of the decade to expand artificial intelligence (AI) infrastructure and digital capabilities across countries in the Global South. The announcement was...

Qualcomm to Invest $150 Million in India AI Startups, Strengthening Presence in Growing Market

Qualcomm (NASDAQ: QCOM) announced on Wednesday that it plans to invest up to $150 million in a new fund dedicated to supporting artificial intelligence startups in India. The move highlights the chipmakers long-term...

Yotta to Build $2 Billion AI Data Centre Hub in India with Nvidia Blackwell Ultra Chips

Indian data centre operator Yotta Data Services has announced plans to invest more than $2 billion to develop one of Asias largest AI computing hubs, powered by Nvidias latest Blackwell Ultra chips. The large-scale AI...