Category: News

Gold is one of the oldest currencies in the world. First used in 643BC in modern-day Turkey,  it’s since been prized by almost every culture on Earth. 

Mining still provides much of the raw materials that make our every-day objects, and steel is arguably one of the most essential to our every-day needs, making up core elements in everything from buildings to electric devices.

The US China trade war has been going on for a year and a half, but a Trump tweet sparked hope last month announcing that the United States and China were about to sign an ‘historic’ trade agreement. The phase-one deal was supposed to represent 60% of an overall long-term agreement which would pause tariff escalations as well as address issues such as intellectual property and financial services. 

After Vice magazine exposed an extensive Airbnb scam, the platform has announced it will now take extra steps to make sure all seven million of its listings are verified. The scam involved fake hosts who would trick Airbnb users out of thousands of dollars across 94 properties in eight different US cities. The Vice reporter Allie Conti who exposed the scam, went on to say that Airbnb’s rules were poorly written and that they made it easy for scammers to exploit users.  

Security has existed for as long as we’ve had something to protect; whether it’s herds of cattle, private letters, personal assets, property or digital data. 

Last Thursday, retail giant Amazon partnered with Zip Co. to finally open its doors to ‘buy now, pay later’ (BNPL) technology. Zip Co., the main rival of Afterpay, now allows Amazon’s Australian customers to pay for goods post-purchase without a credit card. The deal has come at an opportune time in the lead-up to the Christmas period, as well as the upcoming Black Friday and Cyber Monday online shopping season.

If you asked a gentleman 200 years ago where he bought his clothes, the tailor would likely be his answer. Today, most of our clothes are mass-produced but for most of history that wasn’t the norm. Clothes would be tailored and often followed by several fittings. Every person is different and – as most of us can attest to – standard sizes don’t provide the best fit for everyone.

Berkshire Hathaway Inc. operating earnings has hit a record high in the third quarter, climbing 14% to $7.86 from $6.88 billion since last year, fuelled in part by gains from its infrastructure businesses such as rail, energy and utilities – including BNSF railroad which added $1.466 billion net income during the quarter. $467 million in gains also came from Kraft Heinz shares that impressed after two flat quarters. 

2019 is the Year of the Unicorn IPO. You might have seen this phrase thrown around a lot, but what does it actually mean? And why are they becoming even rarer in the US market?

Travelling matters to people. You need only visit Paris in summer, take a selfie at the Great Wall of China, or scour a beach in Barcelona for an empty spot to know that the concept of tourism is changing.

Smart technologies have become central to our day-to-day operations. Cloud-based applications have been growing at full speed, and are a part of daily life: personal, business, Internet of Things (IoT) and living in a smart city. Within the next two years, approximately 95% of data centre traffic will come from the cloud, or rather the data servers that host the cloud.

2019 has been an eventful year for the iron ore industry. At the start of the year, iron ore was priced at around $75 USD per tonne but following the Vale disaster in Brazil in January, the market experienced a supply squeeze, pushing prices up to $120 by July. For the first time in 5 years, the price surpassed $100.