BUSINESS

Bitcoin Hits $65K – Why Is $BTC Up Today?

Bitcoin Scalability: Addressing the Challenges of Mass
Bitcoin has had a rough few weeks following two market bloodbaths last month, but this week has been good for the digital currency, allowing the crypto coin to pass the $65,000-mark late on Thursday.
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The logo for Vanguard is displayed on a screen on the floor of the NYSE in New York

Vanguard Australia Fined AU$12.9 Million For Misleading Green Investment Claims

Between August 2018 and February 2021, the securities firm claimed to conduct ESG screens for its $1.1 billion Ethically Conscious Global Aggregate Bond Index Fund. However, the federal court found: "Approximately 74% of the securities in the Fund by market value were not researched or screened against applicable ESG (environmental, social, and governance) criteria."
Everton have long been at the centre of takeover talk

Friedkin Group Reach Deal To Buy Everton

Everton announced on Monday that the US-based Friedkin Group has reached an agreement to buy Farhad Moshiri's majority stake in the struggling Premier League club.
Representational image. Ambulance

Ambulance Victoria Strikes Deal With Paramedics For 17% To 33% Pay Hike

Victorian Ambulance Union secretary Danny Hill said under the EBA, "This deal rewards longer serving ambos, it makes our elite MICA paramedics the highest paid in Australia, it rewards Community Officers for the time they contribute to their community, and most of all it will help our members finish their shift on time and get home to their families."
Reserve Bank of Australia chief Philip Lowe said the coronavirus is having a 'significant'effect' on the country's economy

RBA Holds Interest Rates At 4.35%, Defying Global Rate Cuts

"While headline inflation will decline for a time, underlying inflation is more indicative of inflation momentum, and it remains too high," the board said in a statement. "Policy will need to be sufficiently restrictive until the Board is confident that inflation is moving sustainably towards the target range."
After Abu Dhabi allowed beer brewing in 2021, Chad McGehee co-founded Craft, which offers between eight and 14 beers at a time, many of them rich in local flavours

David Littleproud Advocates For Beer Tax Reforms Amid Cost-Of-Living Crisis

"The cost of living crisis has meant that Australians aren't turning up to the pubs, they don't have the disposable income they used to," Nationals Leader David Littleproud said on Sunday. "Then when you couple that with the six-monthly increase in excise, that's putting beer out of the reach of many Australians."
British Prime Minister Keir Starmer has warned that his government's budget announcement will be 'painful'

UK Economic Data Delivers Fresh Blow To New Govt

UK state debt is as big as the country's economic output for the first time since the 1960s, data showed Friday, as the new government warns of tough fiscal decisions before its maiden budget.

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