Page 73 - Australia

Australia turns to idled factories to pull it out of coronavirus slump

For many, the coronavirus has shown that the benefits of globalisation, namely low tariffs and cheap labour, are limited when the world economy grinds to a halt

Sterling and Wilson Solar bags orders worth Rs 1,600 cr in Australia

Engineering firm Sterling and Wilson Solar on Sunday announced that it has bagged orders worth AUD 300 million (Rs 1,600 crore) for two large solar projects in Australia. Sterling and Wilson Solar Ltd has signed (along with its branch and Australian subsidiary) orders worth AUD 300 million in Australia, a company statement said. According to the statement, the company has bagged two large scale solar projects in the country and they will have an installed capacity of over 300 MW. The new projects have been secured from global independent power producer (IPP), the work for which is expected to commence immediately. Sterling and Wilson Solar, one of the leading solar EPC and O&M engineering procurement and construction as well as operations and maintenance players in the world, already has three projects of over 800 MW under construction in the region. Bikesh Ogra, Director and Global CEO, Sterling and Wilson Solar said in the statement,We are delighted to have won two major solar .

Majority of Australians with coronavirus symptoms still not tested

85% of Australians with cold or flu-like symptoms were yet to get tested for Covid-19, despite persistent government requests to do so even if there were minor symptoms of the virus

Covid-19 impact: Australian GDP falls most on record; recession confirmed

Gross domestic product plunged 7 per cent from the first three months of the year, the largest fall since records dating back to 1959

China suspends barley imports from Australia's largest grain exporter

CBH denied the charge as it said it would work with Australia's government to overturn the ruling

PayPal entry punishes Australia's pricey buy-now-pay-later stocks

Shares in Australia's Afterpay Ltd tumbled for a second day, as the entry of PayPal into the buy-now-pay-later sector sent investors scrambling to re-price its frothy stocks

Australia Q2 GDP shrinks at record pace; Covid pushes nation into recession

Fresh outbreaks threaten to upend an already bumpy road to recovery and pile pressure on the government to keep fiscal taps open

Won't let Australians share news, threatens FB, sends warning to the world

The Australian government has drafted legislation to force the US tech giant and Google to compensate publishers for the value their stories generate for the platforms

India, Australia and Japan to form pact on supply-chain resilience

The arrangement will in the long term act as a counterweight to current and proposed trading arrangements in the Asia-Pacific region, officials said

Facebook threatens to block Australian publishers from sharing news stories

The social network said the Australian move would force it to pay arbitrary and theoretically unlimited sums for information that makes up only a small fraction of its service

Australian journalist and television anchor Cheng Lei detained in China

Cheng has not been charged, according to the ABC, but is being held in detention under a 'residential surveillance at a designated location.'

Huawei quits oldest sports sponsorship deal after 9 yrs with Aus rugby team

Chinese telecom giant Huawei announced it is ending its oldest major sporting sponsorship deal in the world when it ends its contract with Australian rugby league team

Australia records its deadliest day of pandemic; Victoria sees 41 deaths

Australia recorded its deadliest day of the pandemic on Monday as the government urged hot spot Victoria state to announce its plans to lift a lockdown on the country's second-largest city

Covid vaccine: Why public health interests may outweigh religious freedom

The Australian Federation of Islamic Councils also signalled its "profound concern" over the use of foetal tissue in vaccine development.

Australia boosts defence spending by A$1 bn in latest coronavirus stimulus

Australia has so far promised to spend about A$260 billion in stimulus to support its ailing economy

India, Japan, Australia working on a supply chain pact to counter China

The talks are at a working level currently, but Japan would like to bring them to a higher level at some point, according to a person in Tokyo

Can Australian govt force its people to get Covid vaccine under the law?

The right to bodily integrity is a fundamental legal principle in Australia. This means a person cannot be subject to medical treatment without consent

Australia to give free Covid vaccine doses to citizens: PM Scott Morrison

Prime Minister Scott Morrison said Australia had reached a deal with Swedish-British pharmaceutical company AstraZeneca to receive the Covid-19 vaccine it is developing with Oxford University

Aus state's Covid-19 outbreak stemmed from failed hotel quarantine scheme

Since late June, Victoria has experienced a resurgence of the virus, peaking at 725 daily infections on Aug. 5 and prompting a return to strict lockdowns, including a nightly curfew in the capital

Google attacks Australian govt, says users could lose access to free search

The US-based company's warning, contained in what it called an Open letter to Australians, comes a week before public consultations close on Australian draft laws