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- Kombucha on Tap, Tesla's Robotaxi and Cruises are Trending
Kombucha on Tap, Tesla's Robotaxi and Cruises are Trending
Goldman Sach's gender pay gap widens to 54%, CBA reduces credit card repayment window, and Slovakia's new pro-Russia president.
Pick & Scroll News
April 08, 2024
One Read, All Perspectives
Australian News
Australian insurers have incurred over $650 million in losses from home insurance over the past four years, with premiums set to rise further. LINK
Approximately 70,000 people aged 30 to 40 left Sydney between 2016 and 2021. LINK
Emergency services in New South Wales rescued up to 200 people from floodwaters around the Hawkesbury River, as the region moves into a recovery phase after the Friday’s floods began to subside. LINK
Auction clearances hit 75.9% nationally over the weekend. LINK
The jobs market for recent university graduates has cooled, although available positions remain significantly higher than pre-pandemic levels. LINK
Investors have poured over US$12 billion into cryptocurrency ETFs in the US within the last month, with BlackRock's iShares Bitcoin Trust the most popular among Australian investors. LINK
Chinese investment in Australian companies has hit record lows, with private and state-owned Chinese businesses directing their investment towards Belt and Road Initiative countries instead. LINK
Australia's cruise industry experiences a record-breaking summer with an influx of young travellers. LINK
Charter flights now carry 13% of all domestic air travellers in Australia, outpacing traditional airlines like Rex and Bonza. LINK
The number of independent brewers in Australia have increased significantly, but recent months have seen many small brewers facing financial difficulties or entering administration. LINK
Australian households are now supposedly wealthier than ever, with households’ direct ownership in the sharemarket jumping by 3.8% in Q4 to a record high of $1.4 trillion. LINK
Employers are introducing creative perks, including extra annual leave and kombucha on tap, to entice staff back into the office amid ongoing demands for work flexibility. LINK
Specialty and artisanal cheese varieties gain popularity as supermarket cheese prices reach $16/kg, with independent producers insulated from competition and Bega entering the plant-based cheese market. LINK
Global News
Just 57 companies are identified as being responsible for 80% of the world's greenhouse gas emissions. LINK
Slovakia elects a pro-Russia president, Peter Pellegrini, signalling a shift in the region's political landscape and its stance on military and financial aid to Ukraine. LINK
Donald Trump expresses readiness to be jailed for violating a gag order in his New York hush money trial whilst likening himself to Nelson Mandela. LINK
The EV market sees a significant price drop, with the average price of an EV falling by 31.8% last year. LINK
Company News
Commonwealth Bank reduces the interest-free period on its rewards credit cards from 55 to 44 days, affecting customers' repayment window. LINK
Meta overhauls policies on AI-generated content ahead of US elections, adding "Made with AI" labels to videos, images and audio on its platforms. LINK
Apple makes it easier for music streaming apps in the European Economic Area to direct users to other purchasing methods, following a EU fine. LINK
The gender pay gap at Goldman Sachs in the UK widens to 54%. LINK
Elon Musk announces an August 8 reveal for Tesla's robotaxi, amidst discussions of a new low-cost car model. LINK
McDonald’s acquires its Israeli franchises from Alonyal, bringing over 225 restaurants in-house amid boycott controversies. LINK
X Corp faces Brazilian court orders to block certain accounts, with Elon Musk critiquing the decision and its impact on the company's operations in Brazil. LINK
Apple appeals a US trade tribunal decision to ban imports of some Apple Watches in a patent dispute with Masimo. LINK