Drone

Australian businesses will soon be able to use drones without a licence

A relaxation in drone rules should see more Australian businesses take to the skies. By Chris Griffith Australia’s Civil Aviation Safety Authority (CASA) will relax restrictions on lightweight drones used for commercial... Read more »
Jakarta skyline

Indonesia seeks to shift towards green economy

The high initial investment in green infrastructure and limited state budget is a major deterrent. Jakarta is thus inviting private sectors to chip in as the country attempts to shift towards a... Read more »

Australian sharemarket sinks for sixth day straight

Share market hits first six-session run of losses since December last year The Australian stock market looks set to open lower, following falls on Wall Street overnight. At 0654 AEST on Tuesday,... Read more »
Yahoo CEO Marissa Mayer

These are America’s top 10 highest-paid Women CEOs

NEW YORK (United States) – Female CEOs are outpacing their male colleagues in pay, although they remain vastly outnumbered in the top echelons of American companies. Last year, the median pay for women... Read more »
Robotic arms rivet floor panels together at Ford's Kansas City Assembly Plant where the new aluminum intensive Ford F-Series pickups are built in Claycomo, Missouri May 5, 2015. REUTERS/Dave Kaup

Ford and GM could be ready to shift into high gear on stronger sales

Shares of U.S. automakers may finally be able to accelerate. Investors are closely awaiting next week’s May sales data, expected to come in near record levels. Meeting those forecasts could be enough... Read more »

China’s yuan no longer undervalued, says IMF

China’s currency “is no longer undervalued”, according to the International Monetary Fund (IMF). The US has long suggested that China has manipulated the value of the yuan to boost its exports. Undervaluation... Read more »
Director of Western Sydney Parklands Suellen Fitzgerald.

New Western Sydney Parklands business hub to protect nature and provide jobs

The new business hub will help to protect the 5820-hectare parklands by supporting the environmental improvements in the parklands. Construction could start as early as December 2016 and will create about 500 building jobs.... Read more »

The products most Googled in every country of the world in one map

In popular culture, certain countries are stereotypically associated with certain products — beer in Germany, carpets in Turkey, electronics in Japan. But those things aren’t what people are really searching for. Earlier... Read more »
Toyota and Mazda are reported to be considering a comprehensive partnership in environmentally friendly technolog

Toyota and Mazda eyeing alliance on green car technology

Japanese automakers Toyota and Mazda are reported to be considering a comprehensive partnership in environmentally friendly technology as the world’s regulators demand cuts to greenhouse gas emissions and competitors roll out greener vehicles.... Read more »

China overtakes US as Australia’s largest foreign investor

China swamps US as top foreign investor in Australia after $12b property splurge China has become Australia’s biggest source of approved foreign investment for the first time after a $12.4 billion splurge on... Read more »

Deutsche Bank in record $2.5bn fine over interest rate manipulation

Deutsche Bank has been fined $2.5bn (£1.66bn) by US and UK regulators for trying to manipulate interest rates. The German bank has been fined $2.1bn by US regulators, and £227m by the... Read more »

China and Pakistan launch economic corridor worth $46 billion

ISLAMABAD, (Pakistan) — China and Pakistan launched a plan on for energy and infrastructure projects in Pakistan worth $46 billion, linking their economies and underscoring China’s economic ambitions in Asia and beyond.... Read more »

Dubai imposes record fine of $8.4 million on Deutsche Bank

Deutsche Bank must pay the largest ever fine levied by the regulator of Dubai’s financial free zone for what the watchdog described as “serious contraventions” by the German lender’s wealth management business... Read more »

China, Japan, South Korea agree to boost Tourism ties

The three countries launch ‘Visit East Asia Campaign’ as they seek to enhance visitor goal of 30 million by 2020 East Asian nations, China, Japan and South Korea, have decided to briefly... Read more »

China’s Huawei Technologies 2014 Profit surged 33 percent

Huawei Technologies, China’s biggest maker of telecom equipment, says on Tuesday profit grew 32.7% last year. Huawei reported a net profit of $ 4.5 billion. Revenue increased 20.6% to $ 46.5 billion... Read more »

U.S. economic growth slows in fourth quarter; corporate profits fall

U.S. economic growth cooled in the fourth quarter as previously reported and after-tax corporate profits took a hit from a strong dollar, which could undermine future business spending. Gross domestic product expanded... Read more »

Kraft and Heinz merge to form third largest food company in North America

Kraft Foods Group Inc, the maker of Velveeta cheese, will merge with ketchup maker H.J. Heinz Co, owned by 3G Capital and Warren Buffett’s Berkshire Hathaway Inc, to form North America’s third-largest... Read more »

About two-thirds of the world’s patent applications come from 3 countries

Global innovation has become a three-horse race. Three countries—the US, Japan and China—accounted for over 60% of patent applications in 2014, according to a report released by the World Intellectual Property Office (WIPO) today. The... Read more »

How China and Australia can strengthen long-term relations?

By Stuart Harris Australia’s foreign policy has been a mix of positives and negatives under the Liberal-National Coalition government, as was true of the previous Labor government. Former prime ministers Gough Whitlam... Read more »

8 Reasons that make Online Shopping a success in Pakistan

By Zaki Abbas Shah The internet has tremendously transformed the way the retail business is done all over the globe and now it’s doing the same in countries like Pakistan. In recent... Read more »

Australian government to work with ANZ on Pacific finance projects

Australian government teams up with the ANZ bank to work Financial literacy, Women empowerment, Joint financing of infrastructure Sydney – Foreign Minister Julie Bishop today (Feb. 18) signed a memorandum of understanding... Read more »

Significant Visa Program contributes $3 billion to Australian economy

Assistant Minister for Immigration and Border Protection, Senator the Hon Michaelia Cash announced that since the Coalition came into Government, over $3 billion has been invested in the Australian economy through the... Read more »

NSW economy set to hit the half-trillion-dollar mark

New South Wales is on the cusp of becoming a half-trillion dollar economy. State Treasurer, Andrew Constance, says NSW has become a half a trillion dollar economy with investments in jobs, housing and infrastructure... Read more »

First-home buyers buck the trend at discovery point

Sydney (Media Release): Despite reports that surging prices have sidelined first-home buyers from the Sydney property market, the majority of apartments in Vivid at Discovery Point have been snapped up by those... Read more »