1. Home
  2. Business

Category: Business

Mail delays, the election and the future of the US Postal Service: 5 questions answered

Mail delays, the election and the future of the US Postal Service: 5 questions answered

Editor’s note: The U.S. Postal Service implemented operational changes earlier this year that led to a sharp increase in delayed mail, raising concerns about the election as record numbers of Americans vote by mail this…

Read More
New fossil tracks belonging to human ancestors found in South Africa

New fossil tracks belonging to human ancestors found in South Africa

Around a hundred thousand years ago, South Africa’s Cape south coast was a busy place. Giraffes, crocodiles, hatchling sea turtles and large bird species populated the landscape. Early humans were there, too. We know all…

Read More
Commodities headed for bull market in 2021 on inflation fears, stimulus: Goldman Sachs By Reuters

Commodities headed for bull market in 2021 on inflation fears, stimulus: Goldman Sachs By Reuters

© Reuters. FILE PHOTO: Gold bullions are displayed at Degussa shop in Singapore (Reuters) – A weaker U.S. dollar, rising inflation risks and demand driven by additional fiscal and monetary stimulus from major central banks…

Read More
OxyContin maker Purdue Pharma may settle legal claims with a new ‘public trust’ that would still be dedicated to profit

OxyContin maker Purdue Pharma may settle legal claims with a new ‘public trust’ that would still be dedicated to profit

Purdue Pharma, the company that makes OxyContin and other potentially addictive prescription opioids, has agreed to plead guilty to three felony counts and reached a settlement potentially worth at least US$8.3 billion with the Justice…

Read More
Calls for an ABC-run social network to replace Facebook and Google are misguided. With what money?

Calls for an ABC-run social network to replace Facebook and Google are misguided. With what money?

If Facebook prevented Australian news from being shared on its platform, could the ABC start its own social media service to compensate? While this proposal from the Australia Institute is a worthy one, it’s an…

Read More
Oil Stockpiles Fell by 1 Million Barrels: EIA By Investing.com

Oil Stockpiles Fell by 1 Million Barrels: EIA By Investing.com

© Reuters. investing.com — Oil stockpiles declined roughly in line with expectations last week, according to the Energy Information Administration. fell 1 million barrels, against expectations for a draw of 1.02 million barrels. That comes a…

Read More
Immigrants are still sending lots of money home despite the coronavirus job losses – for now

Immigrants are still sending lots of money home despite the coronavirus job losses – for now

Banks and aid agencies have been warning of a pandemic-related plunge in the amount of money sent by migrants to family back home who rely on the income. In a typical year, more than 270…

Read More
The US is taking on Google in a huge antitrust case. It could change the face of online search

The US is taking on Google in a huge antitrust case. It could change the face of online search

The US Department of Justice (DoJ) has filed an antitrust lawsuit against Google for unlawful monopolisation. The department says Google’s conduct harms competition and consumers, and reduces the ability of new innovative companies to develop…

Read More
EU countries back binding green farming schemes By Reuters

EU countries back binding green farming schemes By Reuters

4/4 © Reuters. FILE PHOTO: A farmer irrigates his field of potatoes during sunset, in Tilloy-Lez-Cambrai 2/4 By Kate Abnett BRUSSELS (Reuters) – European Union agriculture ministers agreed on Wednesday to set aside part of…

Read More
African countries need reliable and accessible economic data: recent ratings show why

African countries need reliable and accessible economic data: recent ratings show why

A number of African countries have recently been contesting decisions by credit rating agencies. Some have raised objections that the rating agencies lack understanding of their economic environment. Others have challenged the correctness of their…

Read More