Singapore Airlines Replaces A380 Flights to Sydney and Melbourne with Smaller Boeing 777-300ER
Singapore Airlines announced on Tuesday it has made necessary reductions in its Airbus A380 flights to Sydney and Melbourne.
Health Canada Issues Recall Against Purple Kush Medical Marijuana
Concerns over "production practices" had prompted Health Canada to issue a recall notice against a British Columbia supplier of medical marijuana. The specific pot is Purple Kush, Batch PK-10-20-13, manufactured by Greenleaf Medicinals that is based in Nanaimo.
New Zealand Minister, Economists Slam U.S. Analyst for 'Alarmist' Article on NZ Economy Going to Recession
New Zealand economists have rejected the claims of an analyst writing for U.S. magazine, Forbes, that the country is headed for "a major fall." Jesse Colombo wrote in a Forbes column that New Zealand's housing market was "overvalued" and an increase in interest rates could lead to recession. The 28-year-old analyst suggested that along with Australia, Canada and other countries, New Zealand's economic bubble could burst. Mr Colombo said the bubble could pop and he expected it ...
Philippine Budget Carrier Eyes Flights to New Zealand
A month after air pact between New Zealand and the Philippines was signed in March, one of the latter's budget carriers has applied to mount flights to the Kiwi nation.
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Chinese Consortium MMG Buys Glencore Xstrata's Stake in Peru Las Bambas Copper Mine for AU$6.2B
China is still definitely on the lookout for commodities. Chinese consortium MMG has just bought from Glencore Xstrata the latter's Las Bambas copper mine in Peru for AU$6.22 billion in cash.
PM Abbott Endorses Badgerys Creek as Site of 2nd Sydney Airport, Cabinet Expected to Approve
Among the agenda lined up for Tuesday's federal government cabinet meeting is the long-standing proposed second airport for Sydney at Badgerys Creek. Already endorsed by Australian PM Tony Abbott, the cabinet is expected to approve it on the same day.
Youth Unemployment Rate in Australia Hits 12.5%; Average Time to Get Hired Goes Up to 29 Weeks
While spin doctors of the Abbott government would probably use last week's data from the Australian Bureau Statistics' unemployment rate to boast of the government's economic management style, a look at youth unemployment figures is cause for alarm.
Credit Rating Agency Says No To 'God'
Even large US credit rating agency rejects God into its system.
Au Fund Managers Manipulating the Sharemarket – Researchers
Capital Markets Co-operative Research Centre (CMCRC) claims that fund managers are manipulating the Australian sharemarket
After Cyclone Ita: $1B Damage Bill Estimated, Ravages Banana, Sugarcane Plantations, Thousands Remain Without Power
Insurance companies are already expecting that damage bill claims from Cyclone Ita could reach $1 billion in North Queensland after it ravaged sugarcane and banana plantations over the weekend. More than 6000 homes and businesses still have yet to get reconnected to the power supply as of Monday.
Recession in 2014? Why Experts are Predicting a Stock Market Crash in 2014
Recent downturns like the Ukraine crises and a possible China slowdown have led to growing fears of another recession in 2014 and a possible stock market crash.
ASB Surprises Aussies with 5.8% Unemployment Rate, Not 6.1% as Expected; Australian Dollar Reaches 4-Month High
Instead of an 11-year record high unemployment rate of 6.1 per cent that economists forecast on Wednesday, the Australian Bureau of Statistics surprised Aussies with a different figure. The number of jobless Aussies actually went down, rather than up, as 18,100 new jobs were created in March.
Aussie With Smallest Debt Among Advanced Economies - IMF
The recent World Economic Outlook from the International Monetary Fund has seen a significant growth from the advanced economies based on global activity.
Five Defects Force Toyota to Massive Global Recall of 6.4M Vehicles, Australia, New Zealand, Canada Markets Affected
Toyota Motor Corp announced on Wednesday of a massive recall involving 6.4 million vehicles worldwide after at least five defects were found, ranging from faulty airbags and seat rails to defective windshield wipers.
WHO Releases Global Hepatitis C Treatment Guidelines, Urges Cure Pills Should be Made Affordable
The World Health Organization (WHO) on Wednesday urged global governments as well as the world's numerous pharmaceuticals to lower down and make affordable the prices of cure pills for the hepatitis C virus (HCV) as the agency released its first ever global Hepatitis C treatment guidelines.
Fukushima Operator Tepco Starts Pumping Radioactive Groundwater, Later to be Dumped into Ocean Waters
Tokyo Electric Power has started pumping radioactive groundwater from the crippled Fukushima Dai-Ichi nuclear power plant as a preventive measure to curb further leaks in the facility.
Australia Braces for 11-Year High Unemployment Rate of 6.1%; Could Trigger Interest Rate Cut by RBA
Did Australian voters made a mistake when they elected the Coalition to power in September 2013? Aussies who found themselves jobless the past six months since Tony Abbott became prime minister are probably asking that question as the jobs market became tighter.
South Africa’s Woolworths Buys Australia’s David Jones for $2B, Shares Up
Australian retailer David Jones Ltd has agreed to be bought by South Africa's Woolworths Holdings Ltd. for A$2.15 billion ($2 billion), ditching a way higher offer lodged earlier by rival Myer Holdings Ltd at A$3.4-billion ($3.09-billion).
Malaysia Airlines MH370: Search for Month-long Missing Plane History’s Most Expensive, to Exceed Air France Flight AF447 in 2009
Exactly a month after it went missing, Malaysia Airlines MH370 still has yet to be found. The combined forces of 26 nations still have yet to find definite pieces of evidence leading to its possible wreckage site. All that remains conclusive is the millions of dollars thrown into the search and retrieval operations.
Fighting and Eradicating Ebola in West Africa Could Take Months, No Travel Restrictions Yet to Guinea – WHO
The Ebola virus outbreak now enveloping West Africa could take months before it gets totally eradicated, the World Health Organization (WHO) said on Tuesday.
Fukushima’s Tepco Slapped with US$1B Lawsuit by 79 US Sailors Over Radiation Claims
Financially strapped Tokyo Electric Power Co, operator of the crippled Fukushima Dai-ichi nuclear power plant, has been slapped a US$1 billion lawsuit by the 79 US sailors who were the first respondents to the crisis three years ago. The sailors claimed the operator lied about the high level of radiation in the area as they carried out their humanitarian mission.
Cyclone Ita Update: Could Develop into Category 4 Tropical Cyclone by Friday Morning
Already upgraded into a category three system, Weather Bureau forecasters on Tuesday forecast Tropical Cyclone Ita would even strengthen further into a category four.
Kiwi Politics: New Zealand Not For Sale to Foreigners
New Zealand First Leader Winston Peters has recently denounced the intention of Prime Minister John Key to sell more of the Kiwi country to foreign ownership.
Royal Tour: Poll Says Kiwis Don’t Want William as King, Prefer an Elected Head of State, Move to Become a Republic Inevitable, Could Happen When Queen Dies (PHOTOS)
The visit of the royal trio Duke and Duchess of Cambridge plus Prince George may have whet the appetite of the Kiwis these days, but it should not be mistaken for a fact the fascination will go long term. A poll released on Monday said Kiwis don't want William as king and prefer a homegrown to become head of state.
Mercedes-Benz Fashion Week Australia Brings $44m in Domestic and Int'l Sales
The Mercedes-Benz Fashion Week Australia reportedly will bring in $44m in domestic and international sales
Air New Zealand Unveils First Black Boeing 787-9 Dreamliner
Boeing has debuted over the weekend to the global aviation industry Air New Zealand's first ever 787-9 Dreamliner. And it's painted black all over with the official New Zealand Fern Mark the only colour contrasting it in white emblazoned across the rear of the plane.
Canonizations For Popes JPII, John XXIII to Proceed in Francis’ Style
Humility and simplicity are Pope Francis' leadership mantras ever since accepting the post as supreme Pontiff of the Roman Catholic Church. These should no longer come as a surprise on the set April 27 canonization of Popes John Paul II and John XXIII.
New Zealand Business and Tourism to Benefit from Royal Couple, Prince George Tour
The royal tour of the Duke and Duchess of Cambridge of New Zealand will bring many benefits to the country. The New Zealand government said the royal couple's visit is good for the island nation. The Duke and Duchess of Cambridge are set to begin their nine-day tour of New Zealand. The government has promised that the money used will be going back to the economy as the royal tour highlights the country's business and tourism industry.
Australian James Packer Wants to Build Casino in Tokyo in Time for 2020 Olympics – Report
James Packer's Asian gaming joint-venture Melco Crown wants to build a casino in Tokyo in time for the 2020 Olympics, according to The Australian.
Royal Brunei Airlines Kick Off Australia-London Boeing 787 Dreamliner
Australians who want to fly directly to London have now an option with the new Boeing 787 Dreamliner that kicked off from Royal Brunei Airlines.
Marijuana Less Harmful than Alcohol to Health and Society – American Survey
A new survey released by the Pew Research Center has revealed that 69 per cent of Americans believe that marijuana is less harmful than alcohol to one's overall health, while 63 per cent believe alcohol was more harmful to society than marijuana.
Russia Bans Australian Beef Not Due to Growth Hormones But More Likely Due to Crimea – Joyce
Russia has implemented a ban against beef imported from Australia which will take effect from next week. Russia claimed the ban was instituted because of growth hormones. Agriculture Minister Barnaby Joyce belied the allegations.
Malaysia Airlines MH370: Global Leaders Scout Lessons Among the Still Missing Ruins
The Malaysia Airlines MH370, now a month still missing into oblivion somewhere, will be the focus of a global ministers meeting in Hawaii. The assembly was primarily called to bolster cooperation for humanitarian assistance efforts.
Chile Quake Preparedness is Something Worth Emulating (PHOTOS)
Thanks to hard-earned lessons in 2010, Chile was more than focused and prepared when it got hit again by a massive earthquake four years later in 2014. Commendable and worth emulating by other nations.
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