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Monday, January 18, 2021

Business

Resurgence of infections rekindle concerns about an acute shortage of hospital beds as 3,000 cases were reported in the last week.South Korea authorities were scrambling on Thursday to build temporary hospitals in shipping containers to alleviate medical facilities stretched by the latest coronavirus wave, as the government warned that the resurgence was “accelerating” nationwide. Authorities…
Nigerian employees of the Anglo-Dutch oil company Shell ordered the deliberate vandalisation of oil pipelines for personal gain, a documentary in the Netherlands has reported. Dutch television documentary programme Zembla, together with Dutch environmentalist organisation Milieudefensie, reported in a programme to be aired on Thursday that “multiple witnesses declared that SPDC, a subsidiary of Shell, caused…
Developing Asia is expected to contract less than previously expected as China and India post economic recoveries.Developing Asia is on course to contract this year, but probably less than previously thought as China’s economy enjoys a faster than expected recovery, the Asian Development Bank (ADB) said on Thursday. Economic growth in developing Asia, a group…
A parliamentary inquiry in Australia has recommended the Anglo-Australian mining company, Rio Tinto, compensate the Indigenous people in the country for the destruction of two ancient sites, and criticised the government for failing to protect the Aboriginal group. In an interim report entitled, Never Again, released on Wednesday, the panel also recommended that the mining…
Elon Musk says SpaceX got all the data it needed for its programme to send people and cargo to the Moon and Mars.SpaceX’s Starship rocket prototype exploded in flames as it made a vertical landing on Wednesday, minutes after what seemed to be an uneventful test launch from the company’s testing site on the coast…
As we come to the end of what has been one of the most volatile and disruptive years for small and medium-sized businesses in Australia, now is the time to reflect on what lessons we have learned from 2020 and make plans for the year ahead.  Reflection is an extremely valuable tool for businesses. Before…
The final version of Australia’s “world first” news media bargaining code, which requires Google and Facebook to pay for news content, was introduced into Parliament on Wednesday. “This is a huge reform. This is a world first, and the world is watching what happens here in Australia. But our legislation will help ensure that the…
Research from national workplace mental health organisation, SuperFriend, reveals a mental health crisis is unfolding amongst retail workers in Australia. The study, Spotlight on the Retail Industry 2020, found that 66.4 per cent of retail workers have experienced a mental health condition since the start of the COVID-19 pandemic. This was even higher among casual…
Australian exporters who adapted to the challenges of 2020 by embracing technology, developing new products and breaking into different markets have been recognised for their achievements in the Remarkable Australian Exporter showcase. The Minister for Trade, Tourism and Investment, Simon Birmingham, has congratulated Aussie exporters who overcame extraordinary challenges this past year.  Tim Beresford, acting…
The rise of COVID-19 around the world has caused businesses to accelerate their digitisation to succeed in the new reality in which they find themselves. Unfortunately, the cyberthreat landscape has adjusted just as quickly, forcing businesses to manage an increased range of potential breach points. The coronavirus lockdown has forced an abrupt transition to a…