Canberra’s call for an inquiry into the origins of coronavirus has provoked threats from Beijing

M&A activity has generally slowed down in the weeks since the novel coronavirus took a grip on the world, but there have been some pockets of activity in the tech industry when the price is right or when the divestment/acquisition just makes sense. The world of messaging brings us the latest development in that theme: SAP, […]

Even though Rohit Prakash was a dual MD and PhD researching optogenetics at Stanford University, his entrepreneurial itch kept returning him to his family’s small business roots. He and his co-founder Nipul Patel began researching the travails of small business owners, interviewing countless entrepreneurs, trying to figure out what their risks were or what caused […]

Deskless workers make up 80% of the global workforce, but to Desmond Lim, that job title is his entire world. Lim grew up in Singapore and saw his father wake up every morning, six days a week, at 5 a.m. to start his job as a driver. Lim and his mom, who worked as a […]

Industry takes another hit as GE cuts jobs, Mnuchin casts doubt on restart for US air travel

Carmaker says profits are under pressure as suppliers pass on increased expenses

Facebook will soon allow users to go on “virtual dates,” the company announced today. The social network is planning to introduce a new video calling feature that will allow users of its Facebook Dating service to connect and video call over Messenger, as an alternative to going on a real-world date. This sort of feature […]

Past and present economic success offers base for manufacturing

Facebook has a new connectivity app called Discover to help those who can’t afford to get online access information on the web. The service, available through mobile web and Android app, allows users to visit any website in text format (no video, images, audio and other elements that eat up large amounts of data) and […]

Facebook Messenger could soon automatically tell your closest friends you’re at the gym, driving or in Tokyo. Messenger has been spotted prototyping a ported version of the Instagram close friends-only Threads app’s Auto Status option that launched in October. The unreleased Messenger feature would use your location, accelerometer and battery life to determine what you’re […]

Facebook Messenger is finally getting desktop apps almost 9 years after its debut. After seeing over a 100% increase in desktop browser audio and video calling, Messenger today releases its Mac and Windows desktop apps. They bring the same features as the browser version, but make it easier to keep your chat threads handy than […]

“If your kids aren’t sleeping, you aren’t sleeping,” says Moshi founder and CEO Ian Chambers. As mindfulness apps grow increasingly popular among adults, Moshi is looking to bring mindfulness and meditative techniques to children. The app today announced the close of a $12 million Series B financing led by Accel, with participation from Latitude Ventures […]

Figma, the design platform that lets folks work collaboratively and in the cloud, has today announced the close of a $50 million Series D financing. The round was led by Andreessen Horowitz, with partner Peter Levine and cofounding partner Marc Andreessen managing the deal for the firm. New angel investors, including Henry Ellenbogen from Durable […]

The COVID-19 pandemic crisis has underlined the need for greater multilateral cooperation, including the need to improve the global trading system, Deputy Director-General Alan Wolff said on 7 May. Speaking at a webinar hosted by the African Institute for Economic Development and Planning, DDG Wolff said trade will play an important role in Africa’s economic recovery from the crisis, particularly through increased intra-African trade.

By the end of 2019, the global gaming market is estimated to be worth $152 billion, with 45% of that, $68.5 billion, coming directly from mobile games.

Efforts to slow the spread of COVID-19 have led to a global economic downturn, but the gaming industry is booming. With hundreds of millions of people sequestered in their homes, game usage has spiked. And while the economic repercussions will persist after people cease physical distancing, gaming is positioned to fare well during a recession. […]

Fintech companies have been lobbying for weeks to be able to participate in the U.S. government’s emergency lending program for small businesses. Now those efforts have paid off, as PayPal, Intuit and Square have all been approved to participate in the U.S. Small Business Administration’s (SBA) Paycheck Protection Program, which provides aid in the form […]

As businesses struggle to reinvent themselves in the midst of the COVID-19 pandemic, Yelp is launching new features to help highlight these changes. For one thing, it’s adding a new information category called virtual service offerings, which will allow businesses to showcase the fact that they’re providing things like virtual consultations, classes, tours and performances. […]

Henry Hub natural gas spot prices averaged $2.02 per million British thermal units in January according to the U.S. Energy Information Administration. Typically, January natural gas prices are among the highest of the year; however, warmer-than-normal January temperatures across much of the northern hemisphere contributed to the lowest average January spot price in many years. After beginning 2018 and 2019 with low U.S. working natural gas inventories, EIA forecasted that normal winter temperatures in the first quarter of 2020, along with production growth, would bring total inventories back over the five-year average this winter. So far this winter, temperatures have actually been warmer than normal, and EIA estimates that in January there were 18% fewer heating degree days in the United States than the prior ten-year average. As a result of reduced space heating demand, U.S. natural gas working inventories ended January 9% above the five-year average, higher than previously forecasted. In its February Short-Term Energy Outlook, EIA forecasts that at the close of the April-October injection season, working inventories will reach almost 4.1 trillion cubic feet on October 31, which would be the highest end-of-October inventory record on level. Expecting inventories to remain elevated as winter heating season winds down, EIA forecasts that Henry Hub natural gas prices will average $2.21 per million British thermal units in 2020, down from $2.57 per million British thermal units in 2019. In 2021, EIA expects natural gas prices to increase, reaching an average annual price of $2.53 per million British thermal units.

In its March 2020 update, the U.S. Energy Information Administration (EIA) significantly revised its Short-Term Energy Outlook for global oil supply, demand, and prices compared with the February Short-Term Energy Outlook. These updates largely resulted from updated data and assumptions about the effects of the 2019 novel coronavirus disease (COVID-19) on global oil demand and assumptions regarding the Organization of the Petroleum Exporting Countries (OPEC) crude oil production following its meeting on March 6. EIA now forecasts that OPEC will target market share instead of a balanced global oil market. As a result, EIA expects that OPEC crude oil production will increase to an average 29.1 million barrels per day in the second and third quarters of 2020. EIA forecasts that global demand for liquid fuels will grow by 0.4 million barrels per day from 2019 to 2020, down from the 1.0 million barrels per day increase EIA previously forecasted in February. The revised March estimate is driven by EIA's expectations of slowing economic growth, primarily related to the effects of the coronavirus outbreak. EIA expects the decline in global liquid fuels demand, combined with the increase in OPEC production, to result in significant global oil inventory builds in the first half of 2020-putting continued downward pressure on prices. EIA forecasts Brent oil prices will average 43 dollars per barrel in 2020 and 55 dollars per barrel in 2021.

CEOs are more optimistic about growth than international counterparts, despite concerns about over-regulation and the Government's response to Australia's fiscal deficit, according to a PwC report launched today.

Governments must apply renewed focus to achieve fiscal balance and sustainably reduce the cost of delivery.

The Federal Government's decision to be a part of the Asian Infrastructure Investment Bank is a bold move which encourages long term investment in a growing region which will benefit Australia.

Early reports of what is in next Tuesday’s Federal Budget indicate “more carrot and less stick” to help lift productivity and tighten the fiscal gap.

PwC Australia has appointed David Smorgon OAM as the Executive Chairman of its Family, Business & Wealth practice in Private Clients.

Australian small businesses can unlock an additional $49.2 billion in output over the next ten years by making better use of existing technology, PwC analysis commissioned by Google released today shows.

Australia will need to nearly double its historic rate of decarbonisation, if it is to meet its goal of a 26 percent decrease in carbon emissions.

As global challenges increase, Australia’s defence budget is growing, while the US and most other allies have been decreasing their defence resources.

Australia's next generation of family business leaders is more confident and better prepared for senior roles than two years ago, but is also experiencing more challenges, both inside the firm and in the wider business landscape.

PwC and NAB have teamed up to help self-employed and microbusiness customers operating in an emerging more flexible economy to manage their GST requirements.

Facebook has a new connectivity app called Discover to help those who can’t afford to get online access information on the web. The service, available through mobile web and Android app, allows users to visit any website in text format (no video, images, audio and other elements that eat up large amounts of data) and […]

1. Dhoni turns up in video with daughter, his appearance inspires memes on social media  The Indian Express
2. ‘Please do not use it’: Matthew Hayden reveals MS Dhoni’s reaction on his ‘mongoose bat’  India Gone Viral
3. Watch: MS Dhoni's New Look Sends Twitter Into A Frenzy  NDTV Tamil
4. WATCH: A grey-bearded MS Dhoni enjoys playtime with Ziva Dhoni inside his Ranchi farmhouse  DNA India
5. MS Dhoni makes fun of Suresh Raina in this priceless video posted by CSK; watch - Republic World  Republic World
6. View Full coverage on Google News

1. Saudi, US companies also eyeing stakes in Reliances Jio Platforms  Business Standard
2. Mukesh Ambani is a man on a mission and even a pandemic or lockdown can’t stop him  ThePrint
3. General Atlantic Is Said to Be In Talks for Reliance Jio Stake  BloombergQuint
4. Saudi, US firms eye stakes in Reliance Jio  Hindustan Times
5. Mukesh Ambani in no mood to rest; trying to get more investors for Jio, talks on with rich Saudi wealth fund  The Financial Express
6. View Full coverage on Google News

Tandem is amongst the most sought after companies of Y Combinator's summer batch.

Countingup, the business current account that “automates” your accounting, has raised £4 million in self-described bridge funding. Leading the round is ING Ventures, with co-investment from Triple Point, CVentures, and BiG Start Ventures. Founded by Tim Fouracre, who previously founded cloud accounting software Clear Books, and now boasting 20,000 business customers, Countingup’s long term vision […]

Deep Render, a London startup and spin-out of Imperial College that is applying machine learning to image compression, has raised £1.6 million in seed funding. Leading the round is Pentech, with participation from Speedinvest. Founded in mid-2017 by Arsalan Zafar and Chri Besenbruch, who met while studying Computer Science at Imperial College London, Deep Render […]

Some say the ads would diminish user privacy, but WhatsApp already collects user data.

Speaking with a psychopharmacology expert to find out whether psychedelics are ready for their mainstream moment.

It's a good question. And with the SBA PPP deadline looming, we sought out an expert to answer it.

A franchise resurgence is on its way ... will you be ready?

Find some new ways to relax with help from these deals.

Taste your way around the world's finest wine regions with this sampler pack.

Grow your elist with these 5 smart strategies.

Run more effective email marketing campaigns and hit more leads with a verified list.

Get exposure, offer stellar customer service and be nimble.

Even if you work alone, the brand-enhancing ideas of others can help push you forward.

Once you have a few franchises in mind, you'll be talking to a franchise rep from each company. Here's the skinny on how that phone call should go.

Think you can't afford to be your own boss? Think again.

Invest in an industry that can withstand an economic downturn.

These low-cost franchises are worth your time, energy and investment.