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Celene Ignacio

Africa News

IMD Ranking: Australia’s GDP Growth per Capita Drops From 20 to 60

Australia has fallen five spots to 18th place in the World Competitiveness Yearbook 2025, slipping from 13th last year among 69 economies.The yearbook, released by the International Institute for Management Development (IMD) in partnership with the Committee for Economic Development of Australia (CEDA), attributes...
Africa News

Total Value of Residential Dwellings Reaches $11.4 Trillion in March Quarter

ADNew South Wales continues to record the highest mean residential dwelling price at $1.25 million.6/15/2025|Updated: 6/15/2025The total value of residential dwellings in Australia reached $11.4 trillion (US$7.4 trillion) in the March 2025 quarter, up 1.2 percent from $11.2 trillion in the December 2024 quarter,...
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Asia & Pacific

Global Human Development Slows to 35-Year Low, UN Says

The latest HDI reveals a global trend: progress is slowing across every region.Human development...
Africa News

India, Australia Strengthen Critical Minerals Partnership to Tackle Global Supply Chain Risks

This partnership aims to enhance supply chain resilience, drive technological innovation, and support both...
Artificial Intelligence

AI Data Centres to Consume 8 Percent of Australia’s Electricity in 5 Years: Deloitte

Australia’s data centres are driving up electricity demand, pushing the tech sector to confront...
Asia & Pacific

Asia’s Largest Cities Are Grappling With Climate, Demographic, and Urban Crises

Climate stress, ageing populations, and unplanned growth threaten the future of Tokyo, Delhi, Shanghai,...
Africa News

Young Australians Show Strong Money Sense, Eager to Learn More

NAB banker Claudia Dior mentioned that these findings go against common beliefs about how...
Africa News

Australia Falls Behind Global Allies in Defence Spending: Think Tank

The most recent federal budget indicates that it could take nearly a decade for...
Africa News

Prolonged Use of Old Coal Plants Could Lead to Energy Shortfalls, Spike Electricity Costs: IEEFA

By the 2030s, Australia’s coal-fired power stations will be nearing or exceeding the age...
Africa News

Australia Nears First Approval of Lab-Grown Meat for Sale

FSANZ said that production of the cultured meat does not pose any toxicological concerns.Vow,...
Africa News

India’s Bioeconomy Growth Faces Energy Challenges Amid Sustainability Push

As India’s bioeconomy surges past $165 billion, its energy sector faces the challenge of...
Africa News

Australian Startup to Participate in UK Initiative to Improve Lab-Grown Food Safety

Vow’s parfait and foie gras made from cultured Japanese quail are already being sold...
Africa News

NSW Government Seeks Developers for 350 New Homes Amid Growing Housing Crisis

ABS data show that the total value of residential dwellings in Australia rose by...
Africa News

Ally Fashion to Shut Down 51 Stores, 250 Jobs Lost

The court ordered Ally Fashion into liquidation due to insolvency concerns, following an application...
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Business

Amazon to Cut 14,000 Corporate Jobs Amid AI Push

The Amazon logo at the Amazon Robotic Sorting Fulfillment Center in Madison County, Miss.,...
Artificial Intelligence

OpenAI Must Face Copyright Infringement Claim From Authors, Court Rules

A computer with the Open AI logo is staged on a gradient blue background...
China News

EU Backs New Sanctions Against Russia, Targeting Energy Imports, Crypto Providers

Ukrainian President Volodymyr Zelenskyy (L) and European Council President Antonio Costa speak with reporters...
Business

Amazon Web Services Recover After Major Outage Brings Down Apps, Websites Worldwide

Attendees at Amazon.com Inc.'s annual cloud computing conference walk past the Amazon Web Services...

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