1. Home
  2. Business

Category: Business

why investors fell in love with these stock market vehicles – and how the bubble burst

why investors fell in love with these stock market vehicles – and how the bubble burst

What do Taylor Swift’s record company and Asian “superapp” Grab have in common? They are both part of Wall Street’s recent dealmaking fad: special purpose acquisition companies (Spacs). Spacs are shell companies that are floated…

Read More
Prehistoric ‘river boss’ is the largest extinct croc species ever discovered in Australia

Prehistoric ‘river boss’ is the largest extinct croc species ever discovered in Australia

Say hello to Gunggamarandu maunala, or the “hole-headed river boss” — the biggest extinct croc yet found in Australia, and an important addition to the jigsaw of crocodylian evolution. The newly named species, known from…

Read More
Agreement in principle reached over Suez Canal ship dispute By Reuters

Agreement in principle reached over Suez Canal ship dispute By Reuters

© Reuters. FILE PHOTO: Ship Ever Given, one of the world’s largest container ships, is seen after it was fully floated in Suez Canal, Egypt March 29, 2021. REUTERS/Mohamed Abd El Ghany ISMAILIA (Reuters) -The…

Read More
If Amazon buys Morrisons, it could be a win for consumers and a major threat to other supermarkets

If Amazon buys Morrisons, it could be a win for consumers and a major threat to other supermarkets

The share price of UK supermarket group Morrisons has jumped by over 30% after a US private equity firm made an offer to buy it for £5.5 billion. The bid by Clayton, Dubilier and Rice,…

Read More
Oil Up Boosted by Key Markets, Ahead of OPEC+ Meeting By Investing.com

Oil Up Boosted by Key Markets, Ahead of OPEC+ Meeting By Investing.com

© Reuters. By Doris Yu Investing.com – Oil was up Wednesday morning in Asia as a strong economic rebound of key consumers boosted fuel demand and drained bloated inventories. Investors now await a Organization of…

Read More
If Amazon buys Morrisons, it should be a win for consumers and a major threat to other supermarkets

If Amazon buys Morrisons, it should be a win for consumers and a major threat to other supermarkets

The share price of UK supermarket group Morrisons has jumped by over 30% after a US private equity firm made an offer to buy it for £5.5 billion. The bid by Clayton, Dubilier and Rice,…

Read More
To find out how galaxies grow, we’re zooming in on the night sky and capturing cosmic explosions

To find out how galaxies grow, we’re zooming in on the night sky and capturing cosmic explosions

Scientists see flora, fauna and phenomena the rest of us rarely do. In this series, we’ve invited them to share their unique photos. Across Australia, astronomers are using cutting-edge technologies to capture the night sky,…

Read More
Biden to meet with governors on weather, hike salaries for firefighters By Reuters

Biden to meet with governors on weather, hike salaries for firefighters By Reuters

© Reuters. U.S. President Joe Biden meets with FEMA Administrator Deanne Criswell and Homeland Security Advisor and Deputy National Security Advisor Dr. Elizabeth Sherwood-Randall, to discuss FEMA’s efforts to respond to and prepare for extreme…

Read More
The gas tax’s tortured history shows how hard it is to fund new infrastructure

The gas tax’s tortured history shows how hard it is to fund new infrastructure

As the Biden administration and Republicans negotiate a possible infrastructure spending package, how to pay for it has been a key sticking point. President Joe Biden and Democrats in Congress want to raise taxes on…

Read More
Why is everyone so obsessed with going to Mars? Here are some other worlds ripe for exploration

Why is everyone so obsessed with going to Mars? Here are some other worlds ripe for exploration

Last month, China successfully landed and deployed the Zhurong rover on Mars, becoming the second country ever to set wheels on the surface of the red planet. Last year the United States, the United Arab…

Read More