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Should Rishi Sunak even bother? What we know about how much election campaigns shift the dial

Jun 03, 2024 11:05 am UTC| Politics

With polls showing Labour enjoying a significant lead over the Conservatives for well over a year, a key question as the election campaign picks up pace is whether Rishi Sunak can do anything over the next few weeks to...

What we know so far about Labour’s plan for Great British Energy

Jun 03, 2024 11:04 am UTC| Politics

The Labour party has announced its plans for the energy sector, closing off the first full week of the 2024 election campaign. Great British Energy is one of Keir Starmers six first steps for government, should his...

Mexico’s voters set to make history by electing the country’s first woman president

Jun 03, 2024 11:04 am UTC| Insights & Views Politics

Tens of millions of Mexicans will go to the polls on June 2 to vote in the countrys largest election in history. The election will allow voters to decide more than 20,700 positions at the local and national levels. This...

Why we should care about this week’s European Parliament elections

Jun 03, 2024 11:02 am UTC| Politics

The European Parliament (EP) elections being held this week will likely alter the political orientation of the European Unions main legislative and budgetary authority, the only directly elected EU body. Parties that...

Trump guilty verdict: the fallout for US democracy

Jun 03, 2024 11:01 am UTC| Insights & Views Politics

The USs democratic reputation and institutions may have been undermined by the trial of Donald Trump, analysts said as the former president was found guilty of 34 charges. Kim Lane Scheppele, a professor at Princeton...

Migrant Crisis Series

How should the skilled migration points test be reformed? It’s an $84 billion question

Jun 03, 2024 11:01 am UTC| Insights & Views Politics

As the government consults on potential reforms to points-tested visas for skilled migrants, the stakes couldnt be higher. Skilled migrants contribute enormously to Australias prosperity shaping our diverse society,...

Australia can afford to bulk bill all GP visits. So why don’t we?

Jun 03, 2024 11:00 am UTC| Insights & Views Politics

Being able to afford health care is a pressing issue for many Australians. And encouraging GPs to bulk bill is one measure the government is taking to ease the strain. So what would it take for GPs to bulk bill...

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Economy

Oil Prices Slip as Middle East Tensions Ease, Heading for Weekly Loss

Oil prices declined during Asian trading on Friday, putting both major benchmarks on course for a weekly loss of more than 4%, as signs of diplomatic progress between the United States and Iran reduced the geopolitical...

Dollar Strengthens as U.S.-Iran Peace Talks Send Mixed Signals

The U.S. dollar gained ground on Thursday, rising 0.3% to 99.90 on the US Dollar Index, as conflicting signals surrounding U.S.-Iran peace negotiations renewed demand for safe-haven assets. Investors looking for stability...

Gold Prices Drop Amid Iran Peace Talk Uncertainty and Stronger Dollar

Gold prices fell sharply on Thursday as mixed signals from President Donald Trump regarding Iran peace negotiations rattled investors, while a strengthening U.S. dollar added further downward pressure on the precious...

Iran Allows Oil Tankers Through Strait of Hormuz Amid U.S. Negotiations

Shipping activity through the Strait of Hormuz has notably increased in recent days, appearing to validate statements made by U.S. President Donald Trump that Iran permitted a number of oil tankers to pass through the...

Time to buy local: war fuel price shocks reveal the folly of a long food supply chain

Most of our food travels many thousands of kilometres across Australia to reach our kitchens. We are highly dependent on a vast web of long-haul trucks to move food between growers, massive food distribution hubs and large...

Politics

Russia Accused of Helping Iran Target U.S. Forces, European Powers Tell G7

European nations have formally accused Russia of providing military intelligence and drone technology to Iran to help target American forces in the Middle East, raising the issue directly with U.S. Secretary of State Marco...

Trump Signs Executive Order to Pay TSA Workers Amid Airport Security Crisis

President Donald Trump announced Thursday that he will sign an executive order directing Homeland Security Secretary Markwayne Mullin to ensure Transportation Security Administration (TSA) employees receive their pay,...

US Military Eyes 10,000 Troop Surge to Middle East Amid Iran Nuclear Tensions

The Pentagon is reportedly considering deploying up to 10,000 additional ground troops to the Middle East, according to a Wall Street Journal report citing Department of Defense officials familiar with the planning. The...

California Renames Cesar Chavez Day to Farmworkers Day Following Sexual Abuse Allegations

California lawmakers have officially voted to rename Cesar Chavez Day to Farmworkers Day after multiple women came forward with sexual abuse allegations against the late labor rights leader. Both the State Senate and...

SMIC Allegedly Supplies Chipmaking Tools to Iran's Military, U.S. Officials Warn

Chinas top semiconductor manufacturer, SMIC (Semiconductor Manufacturing International Corporation), has reportedly been transferring chipmaking equipment to Irans military industrial complex, according to two senior Trump...

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

Google's TurboQuant Algorithm Sends Memory Chip Stocks Tumbling

Major memory chipmakers took a significant hit on Thursday after Google researchers introduced a groundbreaking compression algorithm that threatens to reduce artificial intelligence demand for memory chips. Samsung...

Reflection AI Eyes $25 Billion Valuation in Massive $2.5 Billion Funding Round

Nvidia-backed artificial intelligence startup Reflection AI is in advanced discussions to secure $2.5 billion in fresh funding, with negotiations pointing to a staggering pre-money valuation of $25 billion, according to a...

Nanya Technology Shares Surge 10% After $2.5 Billion Private Placement from Sandisk and Cisco

Shares of Taiwan-based memory chip manufacturer Nanya Technology soared to their daily limit of 10% on Thursday morning following the companys announcement of a major $2.5 billion private placement deal backed by prominent...

SK Hynix Eyes Up to $14 Billion U.S. IPO to Fund AI Chip Expansion

South Korean memory chip giant SK Hynix has submitted a confidential filing for a U.S. stock market listing in 2026, with sources indicating the move could raise as much as $14 billion. The company intends to offer...

Meta Ties Executive Pay to Aggressive Stock Price Targets in Major Retention Push

Meta Platforms made a significant move this week by granting restricted stock units and stock options to several of its most senior leaders, including Chief Financial Officer Susan Li and Chief Technology Officer Andrew...
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